We at CFIF have repeatedly highlighted how the electric vehicle (EV) subsidy complex captures the American…
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Congress Moves to Exacerbate the Unjustifiable Electric Vehicle Subsidy Monstrosity

We at CFIF have repeatedly highlighted how the electric vehicle (EV) subsidy complex captures the American public's most hated elements of bureaucracy:  crony capitalism, wasteful spending, inefficient incentives and government picking winners and losers.

Whatever novelty that EVs may offer, taxpayer dollars shouldn't be subsidizing them, and bureaucrats shouldn't be unjustifiably foisting them upon a perfectly healthy automobile marketplace.

Unfortunately, as Myron Ebell of the Competitive Enterprise Institute (CEI) notes, the EV Industrial Subsidy Complex is now demanding even more:

Although wind and solar advocates continue to assure us that wind and solar are now cheaper than conventional power, the wind and solar lobbies don't agree.  They are back at the trough.  And the automakers…[more]

November 15, 2019 • 12:32 pm

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CFIF Launches National Media Campaign to Oppose House "Super Chapter 9" Bankruptcy Legislation for Puerto Rico Print
By CFIF Staff
Sunday, April 03 2016

WASHINGTON, D.C. – The Center for Individual Freedom (CFIF) today announced a national media campaign in opposition to the "Super Chapter 9" bankruptcy legislation for Puerto Rico, which was recently released by the Committee on Natural Resources in the U.S. House of Representatives.

"We are deeply concerned about this draft legislation," said Timothy Lee, CFIF’s Senior Vice President of Legal and Public Affairs. "As written, it is an even more dangerous version of the Obama Administration’s unprecedented Super Chapter 9 proposal, and amounts to a bailout of Puerto Rico on the backs of American savers and retirees. We want to make sure that every American knows of the disastrous and far-reaching implications of this bill."

The campaign will feature national advertisements on television, radio and online which will highlight the contagion effect of this legislation. If Puerto Rico is allowed to declare bankruptcy and victimize its bondholders, high-spending states like Illinois may seek the same authority from Congress. This will raise borrowing costs for states, and will crush the value of retirement funds around the country.

Further, the legislation will remove any incentive that fiscally irresponsible states have to enact meaningful reform for the benefit of their own taxpayers, setting the stage for an onslaught of debt crises across the country.

CFIF implores all Americans to contact their representatives and tell them to oppose the House of Representatives’ Super Chapter 9 plan for Puerto Rico.

View the television ad below.

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