In ongoing negotiations, it's reported that some are proposing to employ destructive drug price controls…
CFIF on Twitter CFIF on YouTube
Budget Negotiations: CFIF Opposes Use of Drug Price Controls via "Mandatory Inflation Rebates"

In ongoing negotiations, it's reported that some are proposing to employ destructive drug price controls as a mechanism to reach a budget agreement.  For multiple reasons that CFIF has highlighted, that poses a potentially catastrophic idea.

Specifically, it appears that debt ceiling negotiations may include a destructive proposal to reduce federal spending levels by targeting $115 billion from Medicare, which would derive largely from alleged “Medicare savings” through instituting a government-imposed mandatory “inflation rebates.”  As we've explained, inflation rebate proposals work by penalizing drug innovators with higher taxes whenever their products exceed an arbitrary inflation mark.  Currently, Medicare Part D’s structure works by employing market-based competition…[more]

July 22, 2019 • 01:09 pm

Liberty Update

CFIFs latest news, commentary and alerts delivered to your inbox.
Jester's CourtroomLegal tales stranger than stranger than fiction: Ridiculous and sometimes funny lawsuits plaguing our courts.
Dems' Agenda: Kill Jobs; Pander to Freeloaders Print
By Betsy McCaughey
Wednesday, June 19 2019
Far from promoting work, the Dems running for president don't hesitate to throw millions of Americans out of work.

Nine Democratic presidential hopefuls, including front-runners Joe Biden, Bernie Sanders and Elizabeth Warren, flocked to the Poor People's Moral Action Congress on Monday, each trying to outpander their rivals and promise the most government handouts.

It was an alarming spectacle for anyone who works for a living. These Democratic candidates don't believe jobs are the way to end poverty. For them, "work" is a four-letter word. Their approach is to take money from working stiffs and give it to slackers.

Don't be fooled by the name Moral Action Congress. There's nothing moral about forcing hardworking people to support indolence.

One in every 5 American households already lives entirely or mostly off government benefits. A shocking three-quarters of able-bodied food stamp recipients with no children to care for still don't work, even part time.

President Donald Trump's trying to change that with new requirements that say healthy adults who don't have to care for family either look for a job or go to school. In short, get off the couch. Democrats call it "cruel."

Monday's poverty extravaganza was led by agitators claiming to be disciples of Rev. Martin Luther King Jr. They're distorting King's message. The organizers demand that Uncle Sam guarantee everyone an annual income, free college, free health care for all and a "decent house to live in." They claim these are "rights." So does Sanders.

But people who work for a living know better. These aren't rights government owes you. These are things you earn yourself.

Forum organizer Rev. William Barber rails that nearly half the nation  140 million people  is mired in poverty and suffering. That's a blatant lie, though none of the candidates set the record straight.

Truth is, as of 2017, 40 million people  about 12% of the population  earned less than the federal poverty line, which is currently $12,490 for a single person and $25,750 for a family of four. But almost no one actually lives on that. All but 3% collect welfare payments that lift them out of poverty. They depend on government, instead of themselves.

Our booming economy is a chance to turn that around and help the poor escape dependence. Employers are dropping requirements like college and prior experience to hire more people. Jobs aren't scarce. Workers are.

Stunningly, no one at the poverty event talked about jobs. When a homeless woman from Washington state asked Kamala Harris for help, Harris proposed expanding subsidies for renters. All the candidates came with a long list of freebies. Biden promised "total health care" for everyone. Warren upped the ante, pledging free child care for all, free preschool, free college and student debt forgiveness.

When King declared, "free at last," that's not what he had in mind.

Far from promoting work, the Dems running for president don't hesitate to throw millions of Americans out of work. The Dems' major policy proposals, Medicare for All, the Green New Deal, rejoining the Paris climate accord, open borders for illegals and tax hikes on corporations, are all job killers.

Medicare for All would cause 2.5 million people  mostly hospital workers and medical administrators  to lose their jobs.

The Green New Deal scheme to reduce carbon emissions threatens the jobs of millions of workers in mining, drilling, refining, the auto industry and trucking. Bernie Sanders, who says there can be no middle ground on carbon emissions, claims he's leading a "movement of working people." The AFL-CIO isn't fooled. They see it's a disaster for working people. The union leaders warned, "we will not stand by and allow threats to our members' jobs and their families' standard of living to go unanswered."

With open borders, illegal immigrants are driving down wages for low-skilled American workers, according to Harvard economist George Borjas. No wonder polls show three-quarters of voters in the battleground states oppose illegal immigration and support enforcing E-verify to prevent illegals from taking jobs.

In his final Sunday sermon in 1968, King explained that a person who "doesn't have a job" has "neither life nor liberty." Message to the 2020 candidates: Jobs, not handouts, are the remedy for poverty.


Betsy McCaughey is a former lieutenant governor of New York State. 
COPYRIGHT 2019 CREATORS.COM

Question of the Week   
On July 20, 1969, the first man to walk on the Moon was Neil Armstrong, making “one giant leap for Mankind.” Who was the last person to walk on the Moon?
More Questions
Quote of the Day   
 
"The 2018 election was a watershed in the shift of minority voters toward Republicans.Consider the example of the very left-wing African-American female candidate for governor in Georgia. She alienated enough African-American males with her radicalized platforms that the Republican candidate wound up with a significant percentage of African-American male votes.In Florida, a left-wing African-American…[more]
 
 
—Newt Gingrich, Former Speaker of the U.S. House of Representatives
— Newt Gingrich, Former Speaker of the U.S. House of Representatives
 
Liberty Poll   

In the current U.S. House of Representatives, who is, at the practical level, most in control of the agenda?