It’s been a rough couple of weeks for power-hungry bureaucrats. Recently, the General Accountability…
CFIF on Twitter CFIF on YouTube
GAO Says CMS Lacks Authority to Bail Out ObamaCare Insurers

It’s been a rough couple of weeks for power-hungry bureaucrats.

Recently, the General Accountability Office (GAO) issued a report faulting the Centers for Medicare and Medicaid Services (CMS) for being unable to produce itemized spending documents, and thus not complying with federal audit guidelines.

This week, the non-partisan government watchdog agency issued a legal opinion saying CMS does not have the authority to bail out ObamaCare-aligned insurance companies, unless Congress agrees.

GAO’s non-binding but influential legal opinion was generated by a request from congressional Republicans concerned about a CMS announcement that it would use money appropriated for other activities to fund ObamaCare’s “risk corridor” program.

Risk corridors refer to a scheme within…[more]

October 01, 2014 • 06:29 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.
Home Press Room 64 Organizations to Congress: “Let the Wind Production Tax Credit Expire!”
64 Organizations to Congress: “Let the Wind Production Tax Credit Expire!” Print
Thursday, September 06 2012

In a letter sent to every member of the U.S. Senate and U.S. House of Representatives, the Center for Individual Freedom today joined a coalition of 64 organizations in urging Congress not to extend the wind Production Tax Credit (PTC).

The letter, which was organized by Americans for Prosperity, points out that “[t]he PTC was created in 1992 to get the wind industry off the ground. Yet 20 years later, we have little to show for it. We’re still providing a $5 billion special tax break each year for an industry that supplies just over 2% of our power.

“If a new technology truly has worthwhile benefits for American consumers such as lower cost, higher efficiency, or environmental benefits, then that technology will demonstrate its value by competing in the open market for consumers’ dollars—not by living off of special provisions in the tax code. American consumers—not Washington lawmakers—should decide the future of American energy,” the letter continues.

The wind PTC is set to expire at the end of the year.

Read the entire letter below.  Download a copy of the letter, including its signatories, here (.pdf).


64 Organizations to Congress:
“Let the Wind Production Tax Credit Expire!”

September 6, 2012

Dear United States Senators and Representatives:

The principal federal support for wind energy, the so-called Production Tax Credit (PTC), is scheduled to expire at the end of this year. The undersigned organizations and the millions of Americans we represent stand opposed to extending the wind PTC. This special provision continues the deplorable practice of using the tax code to favor certain groups over others.

Whenever the government protects a particular industry, as it has with wind energy production, the industry tends to remain dependent on it. As Nobel laureate economist Milton Friedman noted, “The infant industry argument is a smoke screen. The so-called infants never grow up.” The wind PTC, like other green energy incentives, is a prime case in point. The PTC was created in 1992 to get the wind industry off the ground. Yet 20 years later, we have little to show for it. We’re still providing a $5 billion special tax break each year for an industry that supplies just over 2% of our power.

If a new technology truly has worthwhile benefits for American consumers such as lower cost, higher efficiency, or environmental benefits, then that technology will demonstrate its value by competing in the open market for consumers’ dollars—not by living off of special provisions in the tax code. American consumers—not Washington lawmakers—should decide the future of American energy.

It is time to end special tax provisions that distort the energy market and increase energy prices. We urge you to let the wasteful wind PTC expire as planned at the end of the year.

Sincerely, 
 

Question of the Week   
When did the Secret Service assume full-time responsibility for the protection of the President of the United States?
More Questions
Quote of the Day   
 
"Thousands of Americans will see their health plans cancelled before the November elections in a development that could boost critics of ObamaCare.  The Morning Consult, a Washington-based policy publication, reported that nearly 50,000 people will lose their current health coverage in the coming weeks.  The figure encompasses cancellations announced by insurance departments and providers in Kentucky…[more]
 
 
—Elise Viebeck, The Hill
— Elise Viebeck, The Hill
 
Liberty Poll   

In selecting a nominee to replace Eric Holder as Attorney General, will President Obama choose someone who is less ideological and less divisive to serve as the country’s chief law enforcement officer?