Big League Economics
‘Renegade Republican’ Mitt Romney Comes Out in Favor of Carbon Taxes
Romney continues to shill for globalism against Trump’s mandate.
Sen. Mitt Romney (R-UT), who claims he is no longer is apart of the Republican Party establishment in the age of Donald Trump, is demonstrating his new “renegade” status by pushing for carbon taxes to cripple the U.S. economy.
“In some respects, (by speaking with newer conservatives), I’ll be able to make inroads with some of the young people coming along,” he told the Sutherland Institute in Salt Lake City, claiming that he was reaching young people by preaching about the evils of global warming.
“I’m not willing to sit by if there are major sectors that are losers … and watch people and communities suffer because of that change,” he added.
Romney outlined his support for cap-and-trade policies during his speech. He wants to place a fee for each ton of carbon dioxide emissions that businesses release into the atmosphere. He believes some of the tax money could go to provide federal welfare to coal workers who are put out of jobs under his proposal.
Meanwhile, President Trump is bringing the industry back by shredding regulations that prevent coal mines from providing jobs to rural, poverty-stricken Appalachian states. Trump’s Environmental Protection Agency (EPA) reversed his predecessor’s rules last month that were holding back the coal industry, allowing states to set their own emissions standards regarding power plants.
“We are gathered here today because the American public elected a president with a better approach,” EPA Administrator Andrew Wheeler said in July. “One of the President’s first acts in office was to issue an executive order to promote energy independence. In it, he instructed EPA to rescind, replace or revise the Clean Power Plan.”
Wheeler announced the Affordable Clean Energy (ACE) to restore federalism and remove centralized control by ending the dubiously titled Clean Power Plan. These regulations were crippling the coal industry, which was a stated goal made by Obama before he was elected President.
“The Affordable Clean Energy rule — ACE — gives states the regulatory certainty they need to continue to reduce emissions and provide affordable and reliable energy for all Americans,” Wheeler said.
“Unlike the CPP, the ACE rule adheres to the four corners of the Clean Air Act. EPA sets the best system of emission reductions and then states set the standards of performance,” he added.
The newly anti-establishment Romney wants to return America to the policies of the Obama administration. Romney appears to be a “renegade” in the same sense that deceased former Sen. John McCain was a “maverick.” He is willing support the globalist status quo, even when it is remarkably unpopular among his constituents to do so.
Big League Economics
SHAME: Democrats Are Blocking Stimulus Legislation That Includes Second $1,200 TrumpBux Check
Democrats in Congress are blocking a bipartisan $1.5 trillion stimulus package that includes a second round of $1,200 TrumpBux payments to Americans.
Leading House Democrats are saying the bill isn’t big enough of a giveaway, but they favor stimulus measures that would divert funds away from the pockets of everyday Americans to institutions. They want to bail out Democrat state and local governments, and are willing to block TrumpBux payments to Americans if they aren’t allowed to.
The House passed a $3.4 trillion stimulus package in May that was shot down by Senate Republicans. The latest $1.4 stimulus legislation has been presented as a compromise, after House Democrats in turn rejected a thin $500 billion stimulus package proposed by Republicans last week. That package did not include a second round of $1,200 payments, and Republicans are now willing to sign off on another TrumpBux payment in order to pass another round of stimulus.
The $1.5 trillion stimulus legislation emerged from the Problem Solvers Caucus, a group of 25 Republicans and 25 Democrats who emphasize bipartisanship and common ground. Aside from TrumpBux 2, it features $500 billion for cities and states, unemployment insurance of $600 a week, increased SNAP benefits and rental assistance.
Steny Hoyer and Nancy Pelosi are claiming the legislation doesn’t go far enough and that it “leaves too many needs unmet.”
Pelosi and House Democrats are insisting that Congress will remain in session until a second stimulus agreement is met, but in rejecting the Problem Solvers Caucus legislation they’re already shown they’re not open to a generous compromise.
Try asking everyday working Americans of all stripes and walks of life if they’re willing to wait or even go without a second $1,200 stimulus payment in order to provide a bigger bailout to states and cities that already engage in questionable budgetary practices to begin with. The Democrats are resolutely determined to avoid making people the priority in a stimulus package, and will block stimulus legislation to do so.
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