Majority Of House Democrats Vote To Let 16-Year-Olds Vote For President

A majority of House Democrats voted Wednesday to lower the federal voting age from 18 to 16.

A number of high-profile Democrats voted in favor of the legislation, including California Reps. Adam Schiff, Eric Swalwell, Maxine Waters and Ted Lieu, Hawaii Rep. and Democratic presidential candidate Tulsi Gabbard, New York Rep. Alexandria Ocasio-Cortez, Michigan Rep. Rashida Tlaib and Minnesota Rep. Ilhan Omar.

Rep. Ayanna Pressley (D-MA) introduced the legislation Tuesday evening as an amendment to House Democrats’ “For The People Act,” (H.R. 1) which would overhaul federal election laws and would require a Constitutional amendment to implement.

Section 1 of the 26th Amendment to the U.S. Constitution states:

The right of citizens of the United States, who are 18 years of age or older, to vote, shall not be denied or abridged by the United States or any state on account of age.

The change ultimately failed to pass thanks to a split Democratic vote and near-unanimous Republican opposition.

Democrats voted 125-108 in favor of Pressley’s amendment, with two members voting present and three members not voting while House Republicans voted against the amendment 197-1. Texas Rep. Michael Burgess was the only Republican to vote aye.

Pressley cited teen activists pushing for gun control as a reason to give 16-year-olds the right to vote, which she compared to having a driver’s license.

“Young people are at the forefront of some of our most existential crises,” she said in her remarks Tuesday. “The time has come. Our young people deserve to have the opportunity to exercise their right to vote.”

DeSantis Suspends Sheriff After Poor Response To Parkland Shooting

Republican Florida Gov. Ron DeSantis officially suspended Broward County Sheriff Scott Israel on Friday after his poor response to the Parkland high school shooting Feb. 14, 2018.

“Effective immediately, I am officially suspending Broward County Sheriff Scott Israel for his repeated failures, incompetence and neglect of duty,” DeSantis tweeted Friday.

Israel reportedly told his officers he was suspended, but DeSantis had not announced any such decision, The Daily Caller previously reported.

Calls to suspend the sheriff were immediate after the Marjory Stoneman Douglas High School Public Safety Commission released a report detailing the failures that happened the day of the shooting.

Revelations included police not going after suspected gunman Nikolas Cruz in a timely manner and chaotic radio communication, the South Florida Sun Sentinel reported.

Seventeen people died on the day of the massacre.

June 2012 Manufacturing ISM Report

(Tempe, Arizona) — Economic activity in the manufacturing sector contracted in June for the first time since July 2009; however, theoverall economy grew for the 37th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business®.

The report was issued today by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management™ Manufacturing Business Survey Committee. “The PMI registered 49.7 percent, a decrease of 3.8 percentage points from May’s reading of 53.5 percent, indicating contraction in the manufacturing sector for the first time since July 2009, when the PMI registered 49.2 percent. The New Orders Index dropped 12.3 percentage points in June, registering 47.8 percent and indicating contraction in new orders for the first time since April 2009, when the New Orders Index registered 46.8 percent. The Production Index registered 51 percent, and the Employment Index registered 56.6 percent. The Prices Index for raw materials decreased significantly for the second consecutive month, registering 37 percent, which is 10.5 percentage points lower than the 47.5 percent reported in May. Comments from the panel range from continued optimism to concern that demand may be softening due to uncertainties in the economies in Europe and China.”

PERFORMANCE BY INDUSTRY

Of the 18 manufacturing industries, seven are reporting growth in June, in the following order: Furniture & Related Products; Printing & Related Support Activities; Fabricated Metal Products; Miscellaneous Manufacturing; Electrical Equipment, Appliances & Components; Machinery; and Primary Metals. The nine industries reporting contraction in June — listed in order — are: Nonmetallic Mineral Products; Apparel, Leather & Allied Products; Paper Products; Plastics & Rubber Products; Chemical Products; Computer & Electronic Products; Petroleum & Coal Products; Food, Beverage & Tobacco Products; and Transportation Equipment.

WHAT RESPONDENTS ARE SAYING …
  • “Business is still strong, with some nagging question whether it will be sustained.” (Machinery)
  • “The economy and general business seem to be getting better even though recent data say otherwise.” (Fabricated Metal Products)
  • “Significant raw materials price correction underway.” (Plastics & Rubber Products)
  • “Local labor market shows no signs of slowing down. Competition for technical services/skilled craft remains tight.” (Petroleum & Coal Products)
  • “Overall demand signals from sales forecast are trending down in all regions.” (Computer & Electronic Products)
  • “Although our shipments are up year over year and from prior month, we can feel some head winds, especially from Europe. We are watching our expenses very tightly and being cautious.” (Apparel, Leather & Allied Products)
  • “Business continues to exceed forecast in all markets.” (Primary Metals)
  • “Economy seems to be slowing slightly due to concerns in Europe; however, production has not changed a great deal.” (Transportation Equipment)
  • “Business has started to show signs of slowing.” (Furniture & Related Products)
  • “Slowing world economies, particularly China, are reducing 3Q and later orders and drastically dropping some raw material prices.” (Chemical Products)
MANUFACTURING AT A GLANCE
JUNE 2012
Index Series
Index
Jun
Series
Index
May
Percentage
Point
Change
Direction Rate
of
Change
Trend*
(Months)
PMI 49.7 53.5 -3.8 Contracting From Growing 1
New Orders 47.8 60.1 -12.3 Contracting From Growing 1
Production 51.0 55.6 -4.6 Growing Slower 37
Employment 56.6 56.9 -0.3 Growing Slower 33
Supplier Deliveries 48.9 48.7 +0.2 Faster Slower 5
Inventories 44.0 46.0 -2.0 Contracting Faster 3
Customers’ Inventories 48.5 43.5 +5.0 Too Low Slower 7
Prices 37.0 47.5 -10.5 Decreasing Faster 2
Backlog of Orders 44.5 47.0 -2.5 Contracting Faster 3
Exports 47.5 53.5 -6.0 Contracting From Growing 1
Imports 53.5 53.5 0.0 Growing Same 7
OVERALL ECONOMY Growing Slower 37
Manufacturing Sector Contracting From Growing 1

*Number of months moving in current direction.

 

COMMODITIES REPORTED UP/DOWN IN PRICE and IN SHORT SUPPLY

Commodities Up in Price

Guar (2); and Natural Gas (2).

Commodities Down in Price

Aluminum; Aluminum Products; Brass Products; Copper; Corn; HDPE; Oils; PET Resin; Plastic Products (2); Polypropylene Resin; Propylene; Soybean Oil; Steel (4); Steel — Carbon Sheet; Steel — Cold Rolled; and Steel — Hot Rolled.

Commodities in Short Supply

Guar is the only commodity reported in short supply.

Note: The number of consecutive months the commodity is listed is indicated after each item.

 


JUNE 2012 MANUFACTURING INDEX SUMMARIES


PMI

Manufacturing contracted in June as the PMI registered 49.7 percent, a decrease of 3.8 percentage points when compared to May’s reading of 53.5 percent. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.

A PMI in excess of 42.6 percent, over a period of time, generally indicates an expansion of the overall economy. Therefore, the June PMI indicates growth for the 37th consecutive month in the overall economy, but indicates contraction in the manufacturing sector for the first time since July 2009, when the PMI registered 49.2 percent. Holcomb stated, “The past relationship between the PMI and the overall economy indicates that the average PMI for January through June (53 percent) corresponds to a 3.5 percent increase in real gross domestic product (GDP). In addition, if the PMI for June (49.7 percent) is annualized, it corresponds to a 2.4 percent increase in real GDP annually.”

THE LAST 12 MONTHS
Month PMI Month PMI
Jun 2012 49.7 Dec 2011 53.1
May 2012 53.5 Nov 2011 52.2
Apr 2012 54.8 Oct 2011 51.8
Mar 2012 53.4 Sep 2011 52.5
Feb 2012 52.4 Aug 2011 52.5
Jan 2012 54.1 Jul 2011 51.4
Average for 12 months – 52.6
High – 54.8
Low – 49.7

 

New Orders

ISM’s New Orders Index registered 47.8 percent in June, which is a decrease of 12.3 percentage points when compared to the May reading of 60.1 percent. This represents a contraction in new orders for the first time since April 2009, when the New Orders Index registered 46.8 percent. A New Orders Index above 52.3 percent, over time, is generally consistent with an increase in the Census Bureau’s series on manufacturing orders (in constant 2000 dollars).

The seven industries reporting growth in new orders in June — listed in order — are: Printing & Related Support Activities; Furniture & Related Products; Miscellaneous Manufacturing; Fabricated Metal Products; Primary Metals; Electrical Equipment, Appliances & Components; and Paper Products. The 10 industries reporting a decrease in new orders during June — listed in order — are: Nonmetallic Mineral Products; Wood Products; Plastics & Rubber Products; Petroleum & Coal Products; Chemical Products; Food, Beverage & Tobacco Products; Transportation Equipment; Computer & Electronic Products; Machinery; and Apparel, Leather & Allied Products.

New
Orders
%
Better
%
Same
%
Worse
Net Index
Jun 2012 24 53 23 +1 47.8
May 2012 37 49 14 +23 60.1
Apr 2012 41 48 11 +30 58.2
Mar 2012 34 53 13 +21 54.5

 

Production

ISM’s Production Index registered 51 percent in June, which is a decrease of 4.6 percentage points when compared to the 55.6 percent reported in May. This indicates growth for the 37th consecutive month. An index above 51.2 percent, over time, is generally consistent with an increase in the Federal Reserve Board’s Industrial Production figures.

The eight industries reporting growth in production during the month of June — listed in order — are: Fabricated Metal Products; Furniture & Related Products; Miscellaneous Manufacturing; Machinery; Printing & Related Support Activities; Electrical Equipment, Appliances & Components; Transportation Equipment; and Computer & Electronic Products. The four industries reporting a decrease in production in June are: Paper Products; Chemical Products; Food, Beverage & Tobacco Products; and Apparel, Leather & Allied Products. Six industries reported no change in production in June compared to May.

Production %
Better
%
Same
%
Worse
Net Index
Jun 2012 24 60 16 +8 51.0
May 2012 34 51 15 +19 55.6
Apr 2012 44 47 9 +35 61.0
Mar 2012 35 51 14 +21 58.3

 

Employment

ISM’s Employment Index registered 56.6 percent in June, which is 0.3 percentage point lower than the 56.9 percent reported in May. This is the 33rd consecutive month of growth in the Employment Index. An Employment Index above 50.5 percent, over time, is generally consistent with an increase in the Bureau of Labor Statistics (BLS) data on manufacturing employment.

Of the 18 manufacturing industries, 11 reported growth in employment in June in the following order: Fabricated Metal Products; Furniture & Related Products; Machinery; Miscellaneous Manufacturing; Electrical Equipment, Appliances & Components; Printing & Related Support Activities; Petroleum & Coal Products; Primary Metals; Chemical Products; Food, Beverage & Tobacco Products; and Transportation Equipment. The four industries reporting a decrease in employment in June are: Nonmetallic Mineral Products; Apparel, Leather & Allied Products; Paper Products; and Computer & Electronic Products.

Employment %
Higher
%
Same
%
Lower
Net Index
Jun 2012 29 57 14 +15 56.6
May 2012 30 59 11 +19 56.9
Apr 2012 34 54 12 +22 57.3
Mar 2012 25 63 12 +13 56.1

 

Supplier Deliveries

The delivery performance of suppliers to manufacturing organizations was faster in June as the Supplier Deliveries Index registered 48.9 percent, which is 0.2 percentage point higher than the 48.7 percent reported in May. This is the fifth consecutive month supplier deliveries have been faster than the previous month, following 31 consecutive months in which supplier deliveries slowed. A reading above 50 percent indicates slower deliveries.

The seven industries reporting slower supplier deliveries in June — listed in order — are: Petroleum & Coal Products; Chemical Products; Primary Metals; Electrical Equipment, Appliances & Components; Miscellaneous Manufacturing; Food, Beverage & Tobacco Products; and Computer & Electronic Products. The four industries reporting faster supplier deliveries in June are: Plastics & Rubber Products; Machinery; Transportation Equipment; and Fabricated Metal Products. Seven industries reported no change in supplier deliveries in June compared to May.

Supplier
Deliveries
%
Slower
%
Same
%
Faster
Net Index
Jun 2012 8 85 7 +1 48.9
May 2012 10 82 8 +2 48.7
Apr 2012 9 82 9 0 49.2
Mar 2012 9 83 8 +1 48.0

 

Inventories*

The Inventories Index registered 44 percent in June, which is 2 percentage points lower than the 46 percent reported in May. This month’s reading indicates that respondents are reporting inventories are contracting, which has been the case in eight of the last nine months. An Inventories Index greater than 42.8 percent, over time, is generally consistent with expansion in the Bureau of Economic Analysis’ (BEA) figures on overall manufacturing inventories (in chained 2000 dollars).

The five industries reporting higher inventories in June are: Wood Products; Furniture & Related Products; Electrical Equipment, Appliances & Components; Machinery; and Food, Beverage & Tobacco Products. The 10 industries reporting decreases in inventories in June — listed in order — are: Primary Metals; Nonmetallic Mineral Products; Petroleum & Coal Products; Chemical Products; Apparel, Leather & Allied Products; Paper Products; Miscellaneous Manufacturing; Computer & Electronic Products; Transportation Equipment; and Fabricated Metal Products.

Inventories %
Higher
%
Same
%
Lower
Net Index
Jun 2012 13 62 25 -12 44.0
May 2012 14 64 22 -8 46.0
Apr 2012 17 63 20 -3 48.5
Mar 2012 20 60 20 0 50.0

 

Customers’ Inventories*

The ISM Customers’ Inventories Index registered 48.5 percent in June, which is 5 percentage points higher than in May when the index registered 43.5 percent. Customers’ inventories have registered at or below 50 percent for 39 consecutive months. A reading below 50 percent indicates customers’ inventories are considered too low.

The five manufacturing industries reporting customers’ inventories as being too high during June are: Apparel, Leather & Allied Products; Fabricated Metal Products; Primary Metals; Chemical Products; and Food, Beverage & Tobacco Products. The six industries reporting customers’ inventories as too low during June — listed in order — are: Wood Products; Machinery; Transportation Equipment; Miscellaneous Manufacturing; Plastics & Rubber Products; and Computer & Electronic Products. Six industries reported no change in customer inventories in June compared to May.

Customers’
Inventories
%
Reporting
%Too
High
%About
Right
%Too
Low
Net Index
Jun 2012 70 13 71 16 -3 48.5
May 2012 70 9 69 22 -13 43.5
Apr 2012 71 11 69 20 -9 45.5
Mar 2012 72 14 61 25 -11 44.5

 

Prices*

The ISM Prices Index registered 37 percent in June, which is a decrease of 10.5 percentage points compared to the May reading of 47.5 percent. This is the second consecutive month the index has reflected a decrease in the price of raw materials since December 2011, and reflects a combined two-month decrease of 24 percentage points in the Prices Index. This is also the lowest reading since April 2009, when the index registered 32 percent. In June, 7 percent of respondents reported paying higher prices, 33 percent reported paying lower prices, and 60 percent of supply executives reported paying the same prices as in May. A Prices Index above 49.4 percent, over time, is generally consistent with an increase in the Bureau of Labor Statistics (BLS) Index of Manufacturers Prices.

Of the 18 manufacturing industries, three reported paying increased prices during the month of June: Furniture & Related Products; Printing & Related Support Activities; and Primary Metals. The 11 industries reporting paying lower prices during June — listed in order — are: Petroleum & Coal Products; Plastics & Rubber Products; Food, Beverage & Tobacco Products; Fabricated Metal Products; Electrical Equipment, Appliances & Components; Chemical Products; Machinery; Paper Products; Transportation Equipment; Miscellaneous Manufacturing; and Computer & Electronic Products.

Prices %
Higher
%
Same
%
Lower
Net Index
Jun 2012 7 60 33 -26 37.0
May 2012 14 67 19 -5 47.5
Apr 2012 33 56 11 +22 61.0
Mar 2012 36 50 14 +22 61.0

 

Backlog of Orders*

ISM’s Backlog of Orders Index registered 44.5 percent in June, which is 2.5 percentage points lower than the 47 percent reported in May. Of the 86 percent of respondents who reported their backlog of orders, 16 percent reported greater backlogs, 27 percent reported smaller backlogs, and 57 percent reported no change from May.

The five industries reporting increased order backlogs in June are: Furniture & Related Products; Primary Metals; Printing & Related Support Activities; Chemical Products; and Miscellaneous Manufacturing. The 10 industries reporting decreases in order backlogs during June — listed in order — are: Nonmetallic Mineral Products; Petroleum & Coal Products; Wood Products; Computer & Electronic Products; Apparel, Leather & Allied Products; Plastics & Rubber Products; Paper Products; Food, Beverage & Tobacco Products; Machinery; and Transportation Equipment.

Backlog of
Orders
%
Reporting
%
Greater
%
Same
%
Less
Net Index
Jun 2012 86 16 57 27 -11 44.5
May 2012 84 16 62 22 -6 47.0
Apr 2012 81 22 55 23 -1 49.5
Mar 2012 84 26 53 21 +5 52.5

 

New Export Orders*

ISM’s New Export Orders Index registered 47.5 percent in June, which is 6 percentage points lower than the 53.5 percent reported in May, and represents the first month of contraction in the index since June 2009, when the index registered 49.5 percent. Prior to this month, the New Export Orders Index had registered 50 percent or above for the past 35 consecutive months.

The six industries reporting growth in new export orders in June — listed in order — are: Textile Mills; Wood Products; Furniture & Related Products; Fabricated Metal Products; Miscellaneous Manufacturing; and Electrical Equipment, Appliances & Components. The seven industries reporting a decrease in new export orders during June — listed in order — are: Nonmetallic Mineral Products; Apparel, Leather & Allied Products; Paper Products; Machinery; Chemical Products; Computer & Electronic Products; and Transportation Equipment.

New Export
Orders
%
Reporting
%
Higher
%
Same
%
Lower
Net Index
Jun 2012 78 15 65 20 -5 47.5
May 2012 80 17 73 10 +7 53.5
Apr 2012 79 26 66 8 +18 59.0
Mar 2012 80 18 72 10 +8 54.0

 

Imports*

ISM’s Imports Index registered 53.5 percent in June, the same percentage rate as reported for four consecutive months. The Imports Index reflects seven months of growth following only two months of contraction in the past 34 months.

The six industries reporting growth in imports during the month of June — listed in order — are: Furniture & Related Products; Fabricated Metal Products; Paper Products; Machinery; Transportation Equipment; and Primary Metals. The five industries reporting a decrease in imports during June are: Nonmetallic Mineral Products; Petroleum & Coal Products; Apparel, Leather & Allied Products; Computer & Electronic Products; and Chemical Products. Seven industries reported no change in import orders in June compared to May.

Imports %
Reporting
%
Higher
%
Same
%
Lower
Net Index
Jun 2012 78 18 71 11 +7 53.5
May 2012 81 16 75 9 +7 53.5
Apr 2012 79 18 71 11 +7 53.5
Mar 2012 81 15 77 8 +7 53.5

 

* The Inventories, Customers’ Inventories, Prices, Backlog of Orders, New Export Orders and Imports Indexes do not meet the accepted criteria for seasonal adjustments.

Buying Policy

Average commitment lead time for Capital Expenditures decreased 3 days to 118 days. Average lead time for Production Materials increased 1 day to 57 days. Average lead time for Maintenance, Repair and Operating (MRO) Supplies increased 1 day to 31 days.

Percent Reporting
Capital
Expenditures
Hand-
to-
Mouth
30
Days
60
Days
90
Days
6
Months
1
Year+
Average
Days
Jun 2012 26 10 9 20 20 15 118
May 2012 30 8 8 17 20 17 121
Apr 2012 29 7 11 14 24 15 120
Mar 2012 26 7 12 17 25 13 118
Production
Materials
Hand-
to-
Mouth
30
Days
60
Days
90
Days
6
Months
1
Year+
Average
Days
Jun 2012 15 40 21 17 5 2 57
May 2012 13 40 26 15 4 2 56
Apr 2012 13 43 23 15 4 2 55
Mar 2012 14 43 24 11 6 2 56
MRO
Supplies
Hand-
to-
Mouth
30
Days
60
Days
90
Days
6
Months
1
Year+
Average
Days
Jun 2012 43 40 11 3 2 1 31
May 2012 44 38 12 4 1 1 30
Apr 2012 46 38 11 4 1 0 26
Mar 2012 44 39 11 4 1 1 30

 

About this Report

The data presented herein is obtained from a survey of manufacturing supply managers based on information they have collected within their respective organizations. ISM makes no representation, other than that stated within this release, regarding the individual company data collection procedures. Use of the data is in the public domain and should be compared to all other economic data sources when used in decision-making.

Data and Method of Presentation

The Manufacturing ISM Report On Business® is based on data compiled from purchasing and supply executives nationwide. Membership of the Manufacturing Business Survey Committee is diversified by NAICS, based on each industry’s contribution to gross domestic product (GDP). Manufacturing Business Survey Committee responses are divided into the following NAICS code categories: Food, Beverage & Tobacco Products; Textile Mills; Apparel, Leather & Allied Products; Wood Products; Paper Products; Printing & Related Support Activities; Petroleum & Coal Products; Chemical Products; Plastics & Rubber Products; Nonmetallic Mineral Products; Primary Metals; Fabricated Metal Products; Machinery; Computer & Electronic Products; Electrical Equipment, Appliances & Components; Transportation Equipment; Furniture & Related Products; and Miscellaneous Manufacturing (products such as medical equipment and supplies, jewelry, sporting goods, toys and office supplies).

Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (New Orders, Backlog of Orders, New Export Orders, Imports, Production, Supplier Deliveries, Inventories, Customers’ Inventories, Employment and Prices), this report shows the percentage reporting each response, the net difference between the number of responses in the positive economic direction (higher, better and slower for Supplier Deliveries) and the negative economic direction (lower, worse and faster for Supplier Deliveries), and the diffusion index. Responses are raw data and are never changed. The diffusion index includes the percent of positive responses plus one-half of those responding the same (considered positive).

The resulting single index number for those meeting the criteria for seasonal adjustments (PMI, New Orders, Production, Employment and Supplier Deliveries) is then seasonally adjusted to allow for the effects of repetitive intra-year variations resulting primarily from normal differences in weather conditions, various institutional arrangements, and differences attributable to non-moveable holidays. All seasonal adjustment factors are supplied by the U.S. Department of Commerce and are subject annually to relatively minor changes when conditions warrant them. The PMI is a composite index based on the diffusion indexes of five of the indexes with equal weights: New Orders (seasonally adjusted), Production (seasonally adjusted), Employment (seasonally adjusted), Supplier Deliveries (seasonally adjusted), and Inventories.

Diffusion indexes have the properties of leading indicators and are convenient summary measures showing the prevailing direction of change and the scope of change. A PMI reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally declining. A PMI in excess of 42.6 percent, over a period of time, indicates that the overall economy, or gross domestic product (GDP), is generally expanding; below 42.6 percent, it is generally declining. The distance from 50 percent or 42.6 percent is indicative of the strength of the expansion or decline. With some of the indicators within this report, ISM has indicated the departure point between expansion and decline of comparable government series, as determined by regression analysis.

Lawmakers Claim Their Carbon Tax Proposal Is ‘Revenue-Neutral.’ It’s Actually A $1 Trillion Tax Hike

  • Congressional leaders of the House Climate Solutions Caucus are pushing a proposed carbon tax bill as “revenue-neutral.”
  • The bill will likely raise the tax burden by more than $1 trillion without offering any offsetting tax cuts, which is by definition not “revenue-neutral,” Americans for Tax Reform’s Paul Blair told The Daily Caller News Foundation.
  • The House Climate Solutions Caucus claim to revenue-neutrality lies in increasing spending to pay a carbon dividend check out to American households from the revenue brought in by the tax.

The bipartisan House Climate Solutions Caucus claims it is pushing a “revenue-neutral” carbon tax, but legislation proposed Thursday would hike taxes by at least $1 trillion over the next decade, according to Paul Blair, director of strategic initiatives for the right-leaning policy institute Americans for Tax Reform.

Reps. Ted Deutch, a Democrat, and Francis Rooney, a Republican, reintroduced a bill Thursday that would place a $15-per-ton tax on carbon emissions in 2019. The tax would rise by $10-a-year increments until it hits nearly $100 per ton.

“To let the free market price out coal we should consider value pricing carbon,” Rooney said in a statement. “A revenue-neutral carbon fee is an efficient, market- driven incentive to move toward natural gas and away from coal, and to support emerging alternate sources of energy.”

Though Rooney claims the tax is “revenue-neutral,” the plain text of the bill does not include any reciprocal tax cuts to balance out the burden of the added tax on emissions, Blair told The Daily Caller News Foundation.

The Climate Solutions Caucus, co-led by Deutch and Rooney, claims the bill is “revenue-neutral” through carbon dividends. The IRS will pay out the funds raised by the tax to U.S. households, giving “100 percent of net revenues to the American people” and maintaining the bill’s revenue neutrality

“Historically and for anyone engaged in tax policy, the definition of ‘revenue-neutral’ is and always has been if you increase a tax, the amount of revenue it generates must be offset by an equal tax cut elsewhere,” Blair said.

The left-leaning Tax Policy Center shares Blair’s view, defining a “revenue-neutral” tax proposal as one “in which provisions that raise revenues offset provisions that lose revenues so the proposal in total has no net revenue cost or increase.”

“For the political left and the political right engaged in tax policy, the definition is and always has been that there must be an additional and off-setting tax cut, not a spending program that sends people ‘apology checks’ in the form of welfare for the consequences imposed upon them by a tax increase,” Blair said, pointing out that the “apology checks” sent as carbon dividends will be treated as new spending and do not negate a new tax burden.

The tax proposal’s weight on the U.S. residents and businesses is likely to equal at least $1 trillion over the course of a decade. The Congressional Budget Office (CBO) scored a similar proposal of a flat $25-a-ton tax on carbon emissions in December 2018. The CBO found that the $25-a-ton tax would raise more than $1 trillion in new tax revenue over the course of a decade.

Deutch and Rooney’s proposal, though it has not yet been scored, would raise taxes at least that amount over 10 years and possibly much higher because of the tax’s $10-a-year increase up to nearly $100-a-ton, Blair told TheDCNF.

Rooney’s office did not respond to a request for comment by press time.

Obama’s Budget- Better than 4 Years Ago?

For all the accreditations given to Ronald Reagan, perhaps the greatest contribution he made to the political arena was a simple appeal to the logical minds of voters- Are you better off than you were 4 years ago? During the 1980 presidential campaign, Reagan’s strategy was simple. Let people look at the facts, the result of Carter’s policies, and see if they were really benefiting them.

Many people have compared Obama to Carter, and draw parallels between this election and the 1980 election. So, what could be more apt than to look at the Obama economy and ask, are you better off than you were 4 years ago?

The simple answer, based on Obama’s own economic numbers, is no.

Obama once promised that by the middle of this decade annual spending would match annual revenue and the government would not be adding to the federal deficit.

Yet, under his own budget, the Obama Plan for America, his best and smallest month of spending would add 608 billion dollars to the debt. That projection stays the same even if Obama serves a second term. That’s 33% worse than Bush’s worst month, where he added 458 billion dollars to the deficit.

And after 2015, Obama’s stated end of increases to the federal debt, the debt continues to grow. It continues to increase until 2021 when projections stop, to an estimated deficit of over 700 billion. Again, these numbers are according to Obama’s budget.

These numbers don’t even include the Congressional Budget Office’s projections for Obamacare. Obama claimed the cost of his healthcare plan would be 900 billion dollars over ten years. But the CBO estimates that the first full decade of implementation for Obamacare will cost 2.6 trillion dollars, nearly 3 times as much as Obama stated.

So, according to Obama’s own projected deficit numbers, the American people are not better off than they were 4 years ago, and based on the CBO’s projected cost of Obamacare and Obama’s own projected spending levels, it’s unlikely they’ll be better off in another 4 years.

 

Younger Worker Unemployment at 13.6% in May

The government came out with May jobs numbers that sounded amazing – but for whom?

Generation Opportunity, a national, non-partisan youth advocacy organization, is announcing its Millennial Jobs Report for May 2015. The data is non-seasonally adjusted (NSA) and is specific to 18-29 year olds:

The effective (U-6) unemployment rate for 18-29 year olds, which adjusts for labor force participation by including those who have given up looking for work, is 13.6 percent (NSA). The (U-3) unemployment rate for 18-29 year olds is 9.1 percent (NSA).
The declining labor force participation rate has created an additional 1.791 million young adults that are not counted as “unemployed” by the U.S. Department of Labor because they are not in the labor force, meaning that those young people have given up looking for work due to the lack of jobs.
The effective (U-6) unemployment rate for 18-29 year old African-Americans is 19.2 percent (NSA); the (U-3) unemployment rate is 16.5 percent (NSA).
The effective (U-6) unemployment rate for 18-29 year old Hispanics is 13.9 percent (NSA); the (U-3) unemployment rate is 10.3 percent (NSA).
The effective (U-6) unemployment rate for 18-29 year old women is 11.6 percent (NSA); the (U-3) unemployment rate is 8.6 percent (NSA).
Generation Opportunity Director of Policy Engagement Luke Kenworthy issued the following statement:

“Young people do have some reason to be optimistic about their futures as they continue to see economic conditions improve for our generation this year. May’s jobs report shows a 13.6 percent youth unemployment rate, down 0.6 percent from where we started at the beginning of 2015.

“While we’re encouraged, we also know there are still far too many obstacles in place preventing our generation from exercising our entrepreneurial muscles and creating jobs for ourselves. Excessive government regulations are preventing us from doing the simplest of things – driving for Uber, renting out our homes, or opening a food truck.

“Millennials are key drivers of the American economy – we should be able to pursue our dreams, explore new ideas, and distrupt the status quo. Our generation will flourish when Washington releases its grip on trying to control our futures.”

Smollett Case Reportedly Heading To Grand Jury

Jussie Smollett’s case about an alleged attack in January could be headed to a grand jury.

Law enforcement official sources reported the case could be headed to a grand jury sometime this week, according to TMZ Sunday. Law enforcement is allegedly making sure Smollett is not in contact with the two Nigerian brothers who were first arrested Wednesday, but then released Friday.

The Daily Caller News Foundation contacted the Chicago Police Department (CPD) Monday to confirm if Smollett’s case was headed to a grand jury.

“We do not have that information at this point,” Jennifer Bryk of CPD said to TheDCNF over email.

Rafer Weigel of Fox 32 tweeted Monday that CPD said Smollett’s case could go to a grand jury if the “Empire” actor does not “voluntarily come in for questioning.”

“CPD says “it’s certainly possible” #JussieSmollett case could go to Grand Jury but “that’s way too premature,” Weigel tweeted. “May be a last resort if #Smollett doesn’t voluntarily come in for questioning. CPD says #Smollett’s lawyers have given no indication he will despite several requests.”

Smollett reported he was attacked, doused with an unknown chemical substance, had a rope tied around his neck and two men who yelled “This is MAGA (Make America Great Again) country” at him on Jan. 29.

There have been reports, however, that the attack was staged by Smollett and the two brothers were allegedly paid to help, according to CNN.

Smollett’s attorneys Todd Pugh and Victor Henderson released a statement Sunday saying such claims were “nothing further from the truth.”

“We can confirm that the information received from the individuals questioned by police earlier in the Empire case has in fact shifted the trajectory of the investigation,” CPD spokesman Anthony Guglielmi said in a statement Sunday to TheDCNF. “We’ve reached out to the Empire cast member’s attorney to request a follow-up interview.”

Pugh, Henderson and Smollett’s crisis manager Anne Kavanagh did not immediately respond to TheDCNF’s request for comment.

Rebuttal of Robert Burns’ and other leftists’ anti-nuclear lies

On January 30th, the leftist Associated Press published yet another irredeemably biased, utterly ridiculous litany of blatant lies by its “National Security Writer” Robert Burns, a strident leftist biased against the military and against nuclear weapons in particular. As is typical of a leftist media “journalist”, Burns has written yet another garbage screed which is so biased and filled with so many lies as to brainwash the public into supporting leftist policies and presenting Republicans in a negative light.

In this case, Burns wants to mislead the public into supporting deep unilateral cuts to America’s nuclear deterrent (and its eventual elimination) and portray nuclear weapons as dangerous relics of the past and Republicans as dinosaurs supporting an orthodox and outdated policy.

To that end, he makes a litany of false claims and quotes three leftist “national security thinkers” while not quoting a single dissenting (i.e. conservative) expert.

But his claims, and those of the stridently leftist “thinkers” he quotes, are all blatant lies. Here’s why.

Burns starts by gleeing over the fact that Chuck Hagel, Obama’s nominee for SECDEF, backs deep, unilateral cuts to America’s nuclear arsenal and:

“That puts him outside the orthodoxy embraced by many of his fellow Republicans but inside a widening circle of national security thinkers — including President Barack Obama — who believe nuclear weapons are becoming more a liability than an asset, less relevant to 21st century security threats like terrorism. (…)

The customary stance of defense secretaries in the nuclear age has been that the weapons are a necessary evil, a required ingredient in American defense strategy that can be discarded only at the nation’s peril.

Hagel, 66, takes a subtly different view — one shared by Obama but opposed by those in Congress who believe disarmament is weakness and that an outsized American nuclear arsenal must be maintained indefinitely as a counterweight to the nuclear ambitions of anti-Western countries like North Korea and Iran.

In a letter to Obama two months after his former Senate colleague entered the White House in 2009, Hagel wrote that Global Zero was developing a step-by-step plan for achieving “the total elimination of all nuclear weapons,” but with a “clear, realistic and pragmatic appreciation” for the difficulty of realizing that goal. (…)

“Getting to global zero will take years,” Hagel wrote in the March 2009 letter to Obama on behalf of Global Zero. “So it is important that we set our course toward a world without nuclear weapons now to ensure that our children do not live under the nuclear shadow of the last century.”

Hagel stands out in this regard in part because history — first the demise of the Soviet Union, then the rise of terrorism as a global threat — has changed how many people think about the deterrent value of nuclear weapons. For decades after the birth of the atomic age in the 1940s the chief concern was controlling the growth, and later managing the shrinkage, of nuclear arsenals without upsetting the balance of power.

Today the thinking by many national security experts has shifted as the threat of all-out nuclear war has faded and terrorist organizations with potentially global reach, like al-Qaida, are trying to get their hands on a nuclear device.

“Hagel’s views reflect the growing bipartisan consensus in the U.S. security establishment that whatever benefits nuclear weapons may have had during the Cold War are now outweighed by the threat they present,” said Joe Cirincione, president of the Ploughshares Fund, which supports efforts to eliminate nuclear weapons.

Hagel was co-author of a Global Zero report last May that proposed, as an interim step, reducing the U.S. arsenal to 900 weapons within a decade, with half deployed and the other half in reserve. That compares with a current U.S. stockpile of 5,000, of which 1,700 are deployed and capable of striking targets around the globe.

The report said these cuts could be taken unilaterally if not negotiated with the Russians or carried out through reciprocal U.S. and Russian presidential directives.”

What’s wrong with Burns’ claims?

To start with, EVERYTHING.

Firstly, contrary to the image that Burns and the three leftists (Steven Pifer of Brookings, Joseph Cirincione of Ploughshares, and Bruce Blair of Global Zero) attempt to project, nuclear weapons are anything but relics of a bygone era, and the need for nuclear weapons today is as greater as, if not greater than, during the Cold War.

Russia currently has 1,500 deployed and 1,300 nondeployed strategic nuclear warheads (a total of 2,800) and untold thousands (probably around 4,000) deployed and nondeployed tactical nuclear warheads – all of which are deliverable anytime.

To deliver the strategic ones, Russia has 434 ICBMs (mostly multi-warhead missiles) which can collectively deliver 1,684 warheads, 13-14 ballistic missile subs which can deliver over 2,000 warheads on their 220 SLBMs; and over 250 strategic Tu-95, Tu-160, and Tu-22M bombers.

To deliver its tactical nukes, Russia has a very wide range of systems including aircraft (e.g. the Su-25, Su-25, the Su-27/30/33/34/35 Flanker family), artillery pieces, surface warships, submarines  armed with nuclear-tipped torpedoes, and short-range ballistic missiles.

It is now working on modernizing all three legs of its nuclear triad, including two new ICBMs, a new long-range bomber, and a new SSBN class.

China has at least 1,800 and up to 3,000 nuclear weapons (not the mere 240-400 often claimed by US disarmament supporters) and many systems with which to deliver them: over 60 DF-5, DF-31, and DF-41 ICBMs; six ballistic missile subs; over 120 DF-3, DF-4, and DF-21 MRBMs; 440 bombers and strike aircraft; and around 2,000 SRBMs and Land Attack Cruise Missiles.

(In another sign of Burns’ bias, his screed does not mention Russia’s and China’s large nuclear arsenals, and barely mentions in passing that Russia and China have nukes in general. This is a deliberate tactic by Burns to mislead people into thinking that the US doesn’t need to deter Russia nor China.)

On top of that, the US has to deter North Korea (which has ca. 12 nuclear warheads and intends to test one soon) and Iran, which is racing towards nuclear weapons. Moreover, while Russia and China are threats to many and protectors to nobody, the US has to provide an effective nuclear umbrella not just for itself, but also to over 30 allies.

If the US makes further cuts in its arsenal, it will become too small to deter enemies and reassure friends, and consequently, these allies will have no choice but to develop their own nuclear weapons, thus making the proliferation problem much worse. But these allies cannot bet their security, and indeed, their very existence on ridiculous “nuclear weapons are relics of a bygone era” and “nuclear disarmament will make us safer” kumbayah beliefs – or on America breaking free of such ridiculous notions and of Democrat-led government by 2017.

The fact is that nuclear weapons are not relics of a bygone era, nor are they “liabilities”. They are indispensable assets in protecting America against the gravest security threats it is facing: Russia, China, North Korea, and Iran. Terrorism is a threat, but not even close to being as severe as that of Russia’s and China’s large nuclear arsenals and military buildups, North Korea’s smaller but deadly one, and Iran’s nuclear ambitions and quest for regional hegemony.

No amount of shouting the tired “we’re in the 21st century!” and “they’re liabilities and relics of the Cold War!” slogan will change these facts.

Moreover, if nuclear weapons are “liabilities”, a huge threat to those who hold them, and relics of yesteryear, why are more and more countries interested in acquiring them, and why are Russia, China, North Korea, India, Pakistan, and Israel all growing their nuclear arsenals?

Answer: because they recognize the inherent value of nuclear weapons, which are NOT relics of the Cold War nor “liabilities”.

The cost of maintaining the entire US nuclear arsenal and its related infrastructure is estimated by the Stimson Center to be about $35.2 bn per year – just 6% of the entire military budget, and a bargain price to keep America safe.

And contrary to what Burns and Cirincione claim, there is zero risk of American nuclear weapons (let alone their delivery systems) being stolen by terrorists. These weapons are well-guarded and secure, and Al Qaeda is not even trying to steal them. So doing away with America’s nuclear weapons will do NOTHING to stop Al-Qaeda from obtaining nuclear weapons elsewhere.

The real risk is that AQ may steal Pakistani nuclear warheads – but scrapping America’s own arsenal will do nothing to prevent that. It will not cause Pakistan’s arsenal to magically go away or encourage Pakistan to dismantle its weapons.

America’s nuclear weapons pose no threat to anyone – except, of course, those who wish to attack the US or its allies.

So the benefits of America’s nuclear arsenal greatly outweigh the costs – not the other way around.

So, by pushing for America’s nuclear disarmament, Burns, Obama, Hagel, Cirincione, and Blair are advocating a ridiculous policy which will gravely weaken the US and its military, jeopardize US national security, invite a nuclear first strike by Russia or even China, leave America’s allies fending for themselves (and thus encourage further nuclear proliferation), and embolden America’s enemies around the world, while completely failing to prevent (or even slow down) nuclear proliferation or nuclear weapons falling into terrorists’ hands.

In other words, nuclear disarmament would make America (and the whole world) dramatically less secure and less peaceful.

And yes, disarmament IS weakness – by its definition, it means laying down all arms, i.e. the state of being disarmed (unarmed). Yet, without weapons (including nuclear ones), the US will have nothing to defend itself with. That would be a state of terrible weakness – and weakness ALWAYS invites aggression.

“But Hagel wants to eliminate all nuclear weapons globally, not just in the US”, you might say. But there will never again be a “world without nuclear weapons” – not even in the next 100 years – Obama’s, Hagel’s, and others leftist’ fantasies notwithstanding. China, North Korea, Pakistan, and India will never give up their nuclear weapons (China refuses to even talk to the US about them). This genie cannot be put back into the bottle.

A world without nuclear weapons is not only utterly unrealistic, it’s also undesirable. For all human history prior to 1945, we did actually have such a world. The result? There was nothing to restrain the world’s great powers – so all human history before 1945 is one of huge, bloody wars between the great powers of the time, including the two bloodiest, most barbaric wars the world has ever seen: the two World Wars, with a combined body count of 100 million people – mostly innocent civilians.

Since 1945, we have not had another world war or any conflict between the world’s great powers – and that is at least in large part, if not wholly, due to nuclear deterrence.

Burns claims that there is “a widening circle of national security thinkers”, whom he also wrongly calls “experts”, who believe that “who believe nuclear weapons are becoming more a liability than an asset”. Yet, he cites no serious “national security thinkers” or “experts” sharing that view – only three stridently liberal anti-nuclear hacks: Joseph Cirincione, Steven Pifer, and Bruce Blair, plus America’s most leftist president ever, Barack Obama.

But they’re strident liberal ideologues, not “thinkers” or “experts”. Cirincione is the president of the Ploughshares Fund, which supports deep unilateral cuts to America’s nuclear deterrent and routinely lies about the subject while staunchly opposing any military action against Iran. Blair is Hagel’s fellow Global Zero member. Pifer is with the George-Soros-funded Brookings Institution, a liberal think-tank.

Meanwhile, I can cite many genuine nuclear deterrence experts who believe further cuts to America’s arsenal, especially unilateral or deep ones, are wrong and foolish: e.g. Heritage Foundation experts Rebeccah Heinrichs, Baker Spring, and Michaela Bendikova; USAF nuclear deterrence affairs chief MGEN William Chambers; former SECDEFs Harold Brown and James Schlesinger; and the nation’s foremost nuclear deterrence expert, Dr. Keith B. Payne.

Indeed, when Global Zero issued its “report” calling for deep, unilateral cuts to America’s nuclear deterrent, STRATCOM commander Gen. Bob Kehler and then USAF Chief of Staff Gen. Norton Schwartz rejected it and Dr. Payne testified before the Senate against that report’s proposals, showing how dangerous and suicidal they are.

Moreover, consensus does not determine the truth. Discovering facts does. And the FACTS are that the need for American nuclear weapons today is as great as (if not greater than) it was during the Cold War.

For that reason alone, Hagel’s and Global Zero’s proposals of deep unilateral cuts are absolutely unacceptable and disqualifying.

Please call both of yours Senators, Dear Readers, and please tell them you will never vote for them again if they vote to confirm Chuck Hagel.

There is a group called Americans for a Strong Defense which, as the name suggests, advocates a strong national defense, opposes Hagel’s nomination, and is working to warn Senators to vote against Hagel – or to unseat them if they disregard that warning. Another group opposing Hagel is the American Future Fund.

Minnesota Democrats Reportedly Want Ilhan Omar Out — She Blames Trump

Democratic Minnesota Rep. Ilhan Omar blamed President Donald Trump on Sunday after reports surfaced that members of the Minnesota Democratic Party are considering removing her from congressional office for her repeated anti-Semitic statements.

“I’m sorry Mr. [Donald Trump],” Omar tweeted in response to the reports. “I am for real, you can’t #MuslimBan us from Congress!”

Minnesota Democrats are reportedly dismayed that Omar has made a string of bigoted comments about Jews which have received massive condemnation from both sides of the aisle. Consequently, members of the state party are looking for someone to contest her nomination in 2020 and run a different candidate in her place.

Rather than blaming the Minnesota Democrats, Omar focused the backlash on Trump’s 2017 executive order which has been referred to as a Muslim ban. In actuality, the executive order suspended U.S. entry of those whose counties do not meet adjudication standards under federal immigration law for 90 days and included exceptions on a case-by-case basis.

Omar, along with fellow Democratic Rep. Rashida Tlaib of Michigan, became America’s first Muslim congresswoman when sworn into office in January. Both congresswomen’s time in office has been embroiled in allegations of anti-Semitism.

Omar has defended anti-Israeli statements, such as ones invoking Allah to expose Israel’s “evil doings,” and she is on record stating that Israel is not a democracy. She also gave an interview to a host that referred to Israel as the “Jewish ISIS” and mocked how Americans speak about al-Qaeda and Hezbollah.

Both and Tlaib waited until after they won their congressional elections to reveal their support for the Boycott, Divestment and Sanctions (BDS) movement, which seeks to punish Israel by economically depriving the country for its alleged mistreatment of Palestinians living in the Gaza Strip and West Bank. The Anti-Defamation League describes the movement as “the most prominent effort to undermine Israel’s existence.”

BDS has been metastasizing through college campuses, initially promulgated by Students for Justice in Palestine (SJP), the movement’s most visible arm. SJP has been linked to the Islamic terror group Hamas, according to The Washington Free Beacon. Moreover, the U.S. Campaign for Palestinian Rights, the American umbrella group of the BDS movement, has reportedly given money to terrorist organizations like Hamas, Islamic Jihad and the Popular Front for the Liberation of Palestine.

Omar announced in February that she is scheduled to raise money with the Hamas-linked Council on American-Islamic Relations (CAIR) only a week after she used an anti-Semitic trope to claim Israel has paid for GOP support.