Beware policy proposals waving the "privatization" banner that don't constitute true privatization at…
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Air Traffic Control Proposal: Making Airlines Tax Collectors?

Beware policy proposals waving the "privatization" banner that don't constitute true privatization at all, and threaten to actually worsen the situation.

The latest example:  Efforts to restructure the U.S. air traffic control system, which would likely repeat the mistakes of such federal boondoggles as Amtrak and the U.S. Post Office. Alongside numerous other conservative and libertarian organizations, CFIF has maintained serious concerns over H.R. 2997, the "21st Century AIRR Act."  Those concerns include, among other flaws: Greater empowerment of air traffic controller unions, by maintaining centralized monopoly power over air traffic control while expanding their authority over such matters as personnel changes, salary caps and mandatory retirement age (currently at age 56…[more]

September 22, 2017 • 01:58 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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