Weekly Updates

RSC Update: Choosing Drought in the Garden of Free Enterprise

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Washington, May 22, 2012 | comments

From the Chairman
Sunday marked the kickoff of National Small Business Week, which probably explains why President Obama made a highly public visit to a Washington, D.C. sandwich shop last week. Still, one gets the feeling that the president doesn’t truly understand how the private sector works.

Imagine trying to start a new business in today’s economy. First, you deal with a sea of regulations from agencies you never even knew existed. Many are confusing, some are contradictory, and others are just downright expensive. You watch as the government borrows trillions of dollars, knowing the debt will lead to massive tax hikes, painful inflation, or both. You worry how ObamaCare will tack on new costs and disruptions as your young enterprise grows. At night, you lie awake hoping energy costs don’t shoot any higher. And every April, you pray you can afford to pay a professional to navigate our ridiculously complicated tax code.

It’s enough to discourage the most determined entrepreneurs, yet President Obama has spent his entire term in office pushing for more borrowing, more red tape, more taxes, and more control in Washington, D.C. His agenda is well designed to follow the trail blazed by Greece – a nation where some 80,000 businesses closed last year, almost 1 in 4 are unemployed, and people have few incentives to work hard and play by the rules.

The Greeks chose to spend, subsidize, borrow, and regulate their economy into the ground. Their decisions created a manmade drought in the garden of free enterprise. We now have the same choice to make. The good news is that when Americans set our minds to it, no one in the world can grow an economy better than we can.

God Bless,

Congressman Jim Jordan
Chairman, Republican Study Committee

RSC Media Activity – RSC members work hard to ensure that the conservative viewpoint is well-represented in all corners of the media. Visit our Media Center for more.

House Floor Activity – The following key legislation came through the House of Representatives recently.

  • On May 16, the House approved H.R. 4970, the Violence Against Women Reauthorization Act (VAWA) of 2012, which reauthorizes funding for VAWA grant programs for five years, and would authorize $660 million in funding per year to help prevent domestic violence and protect victims of abuse.
  • On May 18, the House approved H.R. 4310, the FY2013 National Defense Authorization Act (NDAA), which authorizes appropriations for the Department of Defense (DoD) and for the national security programs of the Department of Energy (DoE) for Fiscal Year 2013.

Outlook – A quick look at what’s on the horizon.

  • National Small Business Week began on Sunday and lasts through May 26.
  • The House will reconvene May 30. That week, we expect to debate and vote on the Intelligence Authorization Act and the bill appropriating money for military construction projects and the Dept. of Veterans Affairs.

RSC Reports

  • RSC Updates are now online!
  • Looking for one of our recently released charts and graphs? Click here.
  • RSC Staff recently published two documents on taxes: an abbreviated list of tax changes set to occur automatically and a quick reference guide for tax facts.
  • Stay up to date on budget and spending news with reports from the RSC Budget and Spending Task Force.
  • Check out the RSC Sunset Caucus’ work to shrink the size of government and the Repeal Task Force’s work to eliminate bad laws and regulations.
  • House rules now require sponsors of legislation to provide a Constitutional Authority Statement that explains how Congress has the constitutionally-derived authority to enact their proposals. Click here to see liberals’ highly questionable attempts.
  • Read the RSC Money Monitor to track how bills passed by the House affect budget authorizations, mandatory spending, and federal government revenue.

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House Republican Study Committee
Rep. Jim Jordan, Chairman

Paul Teller, Executive Director
Brad Watson, Policy Director
Joe Murray, Professional Policy Staff
Curtis Rhyne, Professional Policy Staff
Ja’Ron Smith, Professional Policy Staff
Derek Khanna, Professional Policy Staff
Brian Straessle, Communications Director
Michael Tate, Deputy Communications Director
Wesley Goodman, Director of Conservative Coalitions and State Outreach
Yong Choe, Director of Business Outreach and Member Services
Rick Eberstadt, Research Assistant
1524 Longworth House Office Building
Washington, DC 20515
(202) 226-9717

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