Tag Archives: Regulation

A closer look at Michele Bachmann’s record on fiscal policy

Michele Bachmann: On the Issues
Michele Bachmann: On the Issues

An analysis of Michele Bachmann’s record on economic policy, courtesy of the Club for Growth.

Summary:

Congresswoman Michele Bachmann was first elected to Congress in 2006 after serving in the Minnesota State Senate from 2001 to 2006. If elected President, she would be the first woman President and the second person elected directly from the U.S. House of Representatives since James Garfield. Congresswoman Bachmann received a 100% score in the Club for Growth’s 2010 scorecard and has a lifetime score of 94%. The average house Republican score from 2007-2010 was 78%. Congresswoman Bachmann also has a lifetime score of 94% from the Minnesota Taxpayers League during the time she served in the State Senate. The average score for Republican State Senators during that time was 76%.

These guys do the most thorough job of anyone vetting the candidates – they go over every bill, every speech, every vote, every editorial – even campaign advertisements.

The report covers the following areas:

  • TAXES
  • SPENDING
  • ENTITLEMENT REFORM
  • REGULATION
  • FREE TRADE
  • SCHOOL CHOICE
  • TORT REFORM
  • POLITICAL FREE SPEECH
  • POLITICAL ACTIVITY & ENDORSEMENTS

Excerpt:

SCHOOL CHOICE
The Club for Growth supports broad school choice, including charter schools and voucher programs that create a competitive education market including public, private, religious, and non-religious schools.  More competition in education will lead to higher quality and lower costs.
Congresswoman Bachmann not only has a strong record on school choice, she is the first major presidential candidate to actually found a charter school. In fact, Congresswoman Bachmann co-founded the first K-12 charter school in the nation, New Heights Charter School back in 1993.  Her record on school choice has, predictably, been flawless since then.
In 2011, Bachmann voted to re-establish the DC school voucher program.  As a member of the State Senate, Bachmann voted to prohibit teacher strikes during the school year.  She also voted to allow parents to use education tax credits for tuition at private schools.  She’s introduced legislation to make foster children eligible for education vouchers.
As far back as 2003, Bachmann was fighting the No Child Left Behind Act, filing a bill in the Minnesota legislature that would have prohibited the Dept. of Children, Families and Learning or any other state agency “from entering into a contract or other agreement under the provisions of the No Child Left Behind Act of 2001, unless the financial consequences to the state and each school district have been identified.”  Another bill, S.F. 1921, “requires all state plans, agreements and contracts associated with NCLB compliance to be nullified and revoked on June 1, 2004, unless the Legislature specifically affirms implementation of the federal law by that date.”

Conclusion:

With very few exceptions, Congresswoman Bachmann has supported pro-growth policies throughout her career. She especially deserves praise for her consistent defense of school choice. After reviewing her record, we are confident that Congresswoman Bachmann would be a pro-growth President.

For my social conservative friends: please print out the paper and read it. These guys are not indifferent to your concerns at all.

Pat Toomey and the Club for Growth

The past director of the Club for Growth is current Pennsylvania senator Pat Toomey.

Here’s a blurb from his web site:

Pat is pro-life and believes that children should be welcomed into the world and protected by its laws.

While reasonable people may differ on the question of abortion rights, we should all be able to agree on policies that encourage adoption over abortion, that avoid taxpayer funding of abortions, and that allow parental involvement in decisions that involve minors. As a senator, Pat will support policies that further these important goals.

Pat also believes the tradition of marriage is sacred and is best defined as between a man and a woman. As a congressman, Pat voted to protect the institution of marriage in many ways. For example, Pat voted to reduce the tax penalty on married couples and will support similar policies as a U.S. senator. Throughout his time in Congress, Pat voted for legislation to protect innocent life, strengthen marriage, and protect the traditional values upon which this country was founded.

His voting record on abortion:

  • Voted YES on making it a crime to harm a fetus during another crime. (Feb 2004)
  • Voted YES on banning partial-birth abortion except to save mother’s life. (Oct 2003)
  • Voted YES on forbidding human cloning for reproduction & medical research. (Feb 2003)
  • Voted YES on funding for health providers who don’t provide abortion info. (Sep 2002)
  • Voted YES on banning human cloning, including medical research. (Jul 2001)
  • Voted YES on banning Family Planning funding in US aid abroad. (May 2001)
  • Voted YES on federal crime to harm fetus while committing other crimes. (Apr 2001)
  • Voted YES on banning partial-birth abortions. (Apr 2000)
  • Voted YES on barring transporting minors to get an abortion. (Jun 1999)
  • Rated 0% by NARAL, indicating a pro-life voting record. (Dec 2003)

And on marriage:

  • Voted YES on establishing nationwide AMBER alert system for missing kids. (Apr 2003)
  • Voted YES on reducing Marriage Tax by $399B over 10 years. (Mar 2001)
  • Rated 100% by the Christian Coalition: a pro-family voting record. (Dec 2003)

This is the record of the former leader of the most fiscally conservative PAC. The most pro-business group. The most anti-spending group.

Fiscal conservatives are more socially conservative than you think. If you are a social conservative, but not a fiscal conservative, then you should print out the paper on Michele Bachmann, a radical social conservative, and see how these fiscal conservatives at the Club for Growth judge what counts as fiscally conservative. It might be the case that fiscally conservative positions actually dovetail nicely with socially conservative positions. I think they do.

Campaign speeches, interviews and debates

Speeches:

Reactions from her recent debate performance:

Profiles of Michele Bachmann:

Michele Bachmann on television news

Let Americans spend their own money

Time to prioritize spending

Obama’s plan is to raise your taxes

Michele Bachmann in the legislature

Against socialism:

For economic growth:

Against ACORN funding:

Obama’s new fuel economy standards will raise car costs by over $5000

From U.S. News and World Report.

Excerpt:

Within a span of three weeks, President Obama has announced back-to-back new fuel economy standards for passenger vehicles and trucks. New regulations put in place will require a corporate average fuel economy (CAFE) of 54.5 miles per gallon for passenger vehicles by 2025. New standards for trucks will require a 10 to 20 percent increase in fuel efficiency before 2018.

Whether President Obama realizes it or not, fuel efficiency does not come without compromising other aspects of a vehicle. One feature that will undoubtedly be affected by these new rules is vehicle cost.

According to a study conducted by the Center for Automotive Research, the new passenger vehicle standards could eventually cost consumers an additional $5,000-$6,000 for each new vehicle. Even if gas prices rose to $6.00 per gallon, the average American driver may not recoup that huge price increase through fuel savings. Similarly, new rules for trucks are expected to add an additional $1,050 for work trucks and $6,220 for supercab tractors.

One of the most efficient ways to increase the amount of miles a vehicle can travel per gallon of gasoline is to reduce the weight of the vehicle. Therefore, auto manufacturers will be forced to make cars that are smaller and lighter in order to meet President Obama’s new CAFE standards. Far from a win for consumers, this type of government-knows-best policy is the exact opposite of how a market economy functions. Instead of making their own demands, car buyers will be forced to comply with a federal mandate that insists on prioritizing fuel efficiency above all else—safety, comfort, size, and performance all take a back seat. Car buyers will be forced to pay more and have fewer vehicle options to choose from.

Given the fact that this is such an important policy goal for President Obama, it is fair to look at his own driving habits. The president is chauffeured in a vehicle known as The Beast, a 10,000-pound limousine that gets 8 miles to the gallon. In order to achieve maximum safety and security for the president, the vehicle must be extremely heavy which, of course, decreases its fuel efficiency.

Obviously, lighter vehicles are not nearly as safe for families as heavier vehicles, so there will be increases in traffic fatalities as well.

This is consistent with Obama’s desire for equality. Americans are too wealthy – we need to produce less and consume less so that we are more like other nations. Nations like North Korea and Cuba. Naturally, Obama himself will be exempt from these standards, just as he and his family are exempt from Obamacare. Oh, and his union supporters are also getting exemptions from Obamacare in record numbers.

New study: reducing government regulation creates jobs

From the Washington Examiner.

Excerpt:

According to the Phoenix study, “even a small 5% reduction in the regulatory budget (about $2.8 billion) would result in about $75 billion in expanded private-sector GDP each year, with an increase in employment by 1.2 million jobs annually. On average, eliminating the job of a single regulator grows the American economy by $6.2 million and nearly 100 private sector jobs annually.” The reverse is true as well, according to Phoenix, which said “each million dollar increase in the regulatory budget costs the economy 420 private sector jobs.”

“Our statistical analysis of historical data indicates that federal expenditures on regulatory activity have a significant impact on the size of the private-sector economy and private-sector employment,” says Dr. George S. Ford, chief economist at the Phoenix Center. “While the entire federal budget must be cut to address the deficit problem, the evidence indicates that reductions in the overall federal regulatory budget may substantially impact the growth of economic output and employment.”

It’s hard to imagine any way of making it clearer: Whatever merits it may otherwise have, the federal regulatory bureaucracy is a tremendous drag on the economy, diverting and destroying the very precious investment capital that is essential to generating the growth that creates jobs that pay the taxes that fund the government. This provides an important insight into why federal offices like the Environmental Protection Agency do not consider the effect of proposed regulations on the ability of the economy to generate jobs.

If you want job creators to create jobs, ask the job creators what is stopping them from creating jobs. At the top of their list will be government regulations.