Tag Archive for: inflation

Your Vote Can Stop 21.4% Inflation—Here’s How!

Why Inflation Is Out of Control—And How You Can Fix It on Election Day! 

On Biden and Harris’s first day in office, inflation was unleashed, climbing from a manageable 1.4% to 7.1% by the end of his first year, the highest annual increase since 1981.

Today, inflation has reached an alarming 21.4%, levels unseen since World War I. Let that sink in—America is grappling with the worst inflation since 1917.

Americans are hurting across all sectors:

  • 78% of Americans (262 million) are living paycheck to paycheck, unable to keep up with skyrocketing costs of goods and services.
  • 63% can’t afford to buy a home or manage increasing rent, due to surging home prices and interest rates—affordability is at a 37-year low.
  • Gas prices have nearly doubled, from $2.39 per gallon in January 2021 to over $4.57 today. In states like California, gas prices hover around $5.

The cause? Biden’s policies to dismantle U.S. energy independence. On his first day, Biden canceled the Keystone XL pipeline and banned new drilling leases on federal lands. The results were immediate—over 11,000 American jobs were lost, and oil production plummeted. Under Trump, the U.S. became the world’s top oil and gas producer, driving energy prices down. Biden reversed all of that, sending gas prices and inflation soaring.

Consider this: Trump left office with the U.S., producing over 13 million barrels of oil per day, making us a global energy powerhouse on a trajectory to produce four times that, doubling the combined production of Russia and Saudi Arabia! Today, under Biden, we are forced to rely on foreign oil, including oil from Venezuela. Even more shockingly, Biden drained our Strategic Petroleum Reserve, selling nearly half of it—including sales to China, Iran’s largest oil buyer and a major adversary. This compromise of our national security has been matched with begging foreign nations like Saudi Arabia and Venezuela for more oil, which only further drives up costs at home. With “friends” like this, who needs enemies?

Childcare costs have skyrocketed as well, with parents paying up to double the cost of rent for one child in many areas. And, to add insult to injury, the child tax credit, which provided vital relief, was slashed by 80% under Biden.

Inflation can be cured quickly—if we restore sound energy policies that prioritize American production. Trump’s vision of energy independence was already working, making the U.S. the most productive and efficient energy provider in the world. Biden and Harris’s “no more drilling” stance has crippled our energy sector, made the cost of living unbearable, and created economic hardship for millions of hardworking Americans.

Failure to vote in this election will directly contribute to America’s decline, pushing us toward an unrecognizable and possibly irreversible future.

The solution is simple: vote to restore energy independence, bring back affordable gas prices, and stop runaway inflation. You can end this economic crisis by voting for leadership that puts America first, prioritizes economic stability, and delivers prosperity for all.

Your vote can turn the ship around—starting on day one. Let’s reclaim our future.

Please share this with everyone you know today!

©2024. ACT For America! All rights reserved.


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More Americans Identify as Republican than Democrat as November Draws Nearer

For the first time in recorded history, more Americans are identifying with the Republican Party in the third quarter of a presidential election year than the Democratic Party — and are aligning with the GOP on key issues heading into November. Gallup released an in-depth analysis this week revealing that 48% of adults in the U.S. either identify as Republican or lean towards the Republican Party, compared to only 45% who identify as Democrat or lean towards the Democratic Party.

“Party affiliation and voting are strongly predictive of individuals’ vote choices, with the vast majority of identifiers and leaners voting for the candidate of their preferred party,” Gallup noted. The analytics giant continued, “At the aggregate level, there are typically more Democrats and Democratic leaners than Republicans and Republican leaners in the U.S. adult population.” In observing prior elections, Gallup pointed out that Democrats have typically won the White House when they have had “larger-than-normal advantages in party affiliation.”

For example, 52% of Americans identified with the Democratic Party in 1992, as opposed to 40% who allied themselves with the Republican Party, and Bill Clinton, then the Democratic Governor of Arkansas, won the presidency. The margin was a little lower in 1996, when 50% of Americans identified with the Democratic Party and 41% with the GOP, but Clinton won reelection. The margin was significantly narrower in 2000 (48% Democrat, 43% Republican) when Texas Governor George W. Bush, a Republican, beat incumbent Vice President Al Gore, a Democrat. In 2004, the nation was evenly split (47% identifying with the Democratic Party, 47% with the Republican Party), yielding another Bush win.

From that point forward, the margins between the two party identifications stayed fairly close, but still with a decided Democratic advantage. Barack Obama took the White House in 2008 (49% identifying with the Democratic Party, 41% with the Republican Party) and was reelected in 2012 (47% identifying with the Democratic Party, 43% with the Republican Party). Donald Trump ascended to the presidency four years later, with 46% of Americans identifying with the Democratic Party and 43% with the GOP, the slimmest margin seen since 2000. In 2020, 48% of Americans affiliated themselves with the Democratic Party and only 43% with the Republican Party and former Vice President Joe Biden was sworn in as president.

Now, more Americans not only identify with the Republican Party than the Democratic Party, but more Americans identify with the Republican Party than have identified with the Democratic Party over the past 16 years. Gallup noted, “Republicans previously have not had an outright advantage in party affiliation during the third quarter of a presidential election year, and they have rarely outnumbered Democrats in election and nonelection years over the past three decades.”

Beyond party identification, Gallup discovered that Americans have greater confidence in the GOP’s handling of issues voters consider important — namely, the economy and inflation, immigration, and government — than in the Democratic Party’s, by a five-point margin, which Gallup classifies as a “strong” advantage in the context of previous presidential elections.

The Republican Party is also leading on economic issues. As Gallup noted, “Americans currently give the Republican Party a six-percentage-point edge, 50% to 44%, as the party they think would do a better job of keeping the country prosperous.” The party which has held an advantage on this question in the past has won 12 out of 16 presidential elections. Americans also give the economy a rating of -28, with only 22% saying that economic conditions under President Joe Biden are “excellent” or “good.” Gallup added, “Republicans hold a more substantial advantage of 14 points (54% to 40%) as the party Americans believe is better able to keep the nation safe from terrorism and other international threats.”

Additionally, only 22% of Americans say that they are satisfied with how things are going in the U.S. currently, a low unrivaled since 13% said the same in 2008. Gallup observed, “Satisfaction levels this low have been associated with incumbent presidents losing their reelection bids in 1980 (19%), 1992 (22%) and 2020 (28%).” Biden’s low favorability ratings (39%, significantly lower than former President Donald Trump’s 46% heading into the 2020 election) are less likely to impact the 2024 election, Gallup anticipates, since he dropped out of the presidential race. But Gallup noted, “Biden’s unpopularity could still affect the election to the extent voters transfer their frustrations with the Biden administration to Vice President Kamala Harris.”

The survey analysis from Gallup follows news that Republican voter registration is on the rise, outpacing Democratic voter registration in several historically-Democratic districts, and Republicans are accounting for a significantly higher percentage of early voting turnout than in previous years. Historically, early voting and mail-in voting have been dominated by Democrats, with Republicans voting on election day itself.

In its analysis, Gallup concluded, “The political environment suggests the election is Trump’s and Republicans’ to lose. Nearly every indicator of the election context is favorable to the Republican Party, and those that aren’t are essentially tied rather than showing a Democratic advantage.”

AUTHOR

S.A. McCarthy

S.A. McCarthy serves as a news writer at The Washington Stand.

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EDITORS NOTE: This Washington Stand column is republished with permission. All rights reserved. ©2024 Family Research Council.


The Washington Stand is Family Research Council’s outlet for news and commentary from a biblical worldview. The Washington Stand is based in Washington, D.C. and is published by FRC, whose mission is to advance faith, family, and freedom in public policy and the culture from a biblical worldview. We invite you to stand with us by partnering with FRC.

‘Time To Make A Statement’: Black Voter From Swing State Explains Why He’s Voting For Trump

A black voter from Philadelphia said that he would vote for former President Donald Trump in a Monday morning segment on NewsNation, asserting that people were “not doing good” under President Joe Biden and Vice President Kamala Harris.

Since Biden and Harris took office in January 2021, prices have increased by around 20%, with the consumer price index (CPI) hitting a four-decade high of 9% in June 2022. Naomi Miller, identified as a first-time voter, told the network that he was looking at policy when deciding who he was voting for this November.

“It don’t matter about whether you like him or not, it matters is about his policies. And people’s not doing good out here with the Democrats,” Miller said, adding. “I feel like this year, it’s time to make a statement with Trump.”

WATCH:

The CPI grew 1.4% year-over-year in January 2021 when Trump left office, while the average price for a gallon of gas was under $2.25, according to GasBuddy.com. The CPI increased by 2.9% in July.

On the economy, Biden’s approval rating was only 38.8% in the RealClearPolitics average of recent polls, while only 34.8% gave him good marks on inflation.

Another Pennsylvania voter said she was backing Harris, citing abortion.

“When we are talking about freedom and rights, I feel like Harris is more fighting for everybody’s rights, and she’s more open to reproduction rights, which is very important to me,” Deanna Beloschtsky said.

Harris leads Trump by 0.5% in a head-to-head matchup in Pennsylvania, according to the RealClearPolitics average of polls from August 8 to 30. Nationally, Trump trails Harris by 1.8% in a head-to-head matchup in the RealClearPolitics average.

Harris proposed in August empowering the Federal Trade Commission (FTC) to impose “harsh penalties” for “price gouging” by grocery stores during a speech on economic policy. Harris also intends to raise the corporate rate from 21% to 28%, a proposal similar to one in a March 7 White House fact sheet, NBC News reported.

AUTHOR

Harold Hutchison

Reporter.

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EDITERS NOTE: This Daily Caller column is republished with permission. ©All rights reserved.


All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

Biden-Harris Economy Pushing Parents into Debt with Back-to-School Shopping, Experts Say

A new school year is right around the corner, which means parents are busy making sure their kids are prepared for the first day of class. For most, this includes back-to-school shopping, in which index cards, notebooks, pencils, and other items take up most of the room in the shopping cart. This year, however, parents are struggling with the fact that providing basic needs for their children is more expensive than ever. Others are being pushed even further into existing debt.

A July survey conducted by Bankrate found that, out of 2,300 adults, “nearly 1 in 4 shoppers will incur credit card debt, while around 1 in 8 shoppers will utilize buy now, pay later schemes that involve purchasing an item through a series of installments.” Also according to the survey, 32% claimed “inflation did” or “will change the way [they] shop,” 21% said they did or planned “to buy cheaper brands than usual,” 19% said they planned to buy less supplies this year “due to the cost,” 18% felt this year’s costs will “put a strain” on their budget, and 14% felt “pressured to spend more” than they’re “comfortable with.”

As The Daily Caller reported, “While year-over-year inflation has recently fallen below 3% … for the first time since 2021, the rate remains well above the Federal Reserve’s target of 2% and more than double the 1.4% rate from when President Joe Biden first took office.” And to elaborate on the role inflation plays regarding these struggling parents, Dave Brat, Liberty University’s senior vice president of Business Engagement, shared with The Washington Stand, “In sum, prices went up, but have never come down.”

Brat noted, as the Bankrate analysis highlighted, that “the rate of inflation [has come] down from 9% to 3%.” However, “That means that prices are still going up by 3%” and that, ultimately, “nothing has come down.” According to Brat, “[E]veryone knows that reality.” In addition to that explanation, Joel Griffith, research fellow in the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation, also commented to TWS, “It’s no surprise that school supplies — which easily total more than $500 per child — aren’t such an easy feat for parents this year.”

Griffith continued, “The inflation families are dealing with today is a direct result of the explosion of spending beginning in 2020 and continuing today,” and “much of this was financed by the Federal Reserve printing dollars to purchase government debt.” When analyzing these inflation rates, Brat argued it’s important to acknowledge that “the Biden-Harris team is responsible for ALL of the inflation and higher spending that caused it.”

“There’s a $7 trillion budget … owned by the White House,” he added, and “that spending was ‘validated’ by the Federal Reserve Bank, which printed and still has about $7 trillion on its balance sheet. The money creation is THE cause of inflation.” Ultimately, “[T]oo much money, chasing too few goods, causes inflation,” and what we’re seeing now has happened before, “but the press will cover none of it,” Brat argued.

So, what’s the way forward to decreasing inflation? As Griffith explained, “A return to growing prosperity requires the federal government living within its means rather than be financed by borrowing and the printing presses at the central bank. Otherwise, the threat of yet more inflation and stagnant income growth continues.”

Additionally, Brat emphasized the fact that “the American people are partly to blame.” He argued that voters can’t “keep electing politicians who overspend and appoint the wrong people to the Federal Reserve.” It’s voting “the right way” that helps prevent these financial catastrophes from occurring in the future, as well as prevent people from “having to work two or three jobs to pay for food and school supplies,” Brat contended.

Meg Kilgannon, FRC’s senior fellow for Education Studies, shared with TWS that parents don’t have to wait to start making a difference in the home. “Whether you are getting a child off to college or sending a child back to elementary school,” she said, “increasing prices due to reckless government spending cannot be avoided.” It stands to reason that “parents want to give their children the resources and support they need to succeed, and those supplies come at a much higher price this year.”

But ultimately, Kilgannon underscored, “The very best support children have in school are parents who love them, engage with their teachers, encourage healthy living in both body and soul.” And so, she concluded, when money becomes a source of stress, it’s a helpful reminder that “many of the best and most meaningful things in life don’t cost money, but do require investments of time and attention.”

AUTHOR

Sarah Holliday

Sarah Holliday is a reporter at The Washington Stand.

RELATED ARTICLE: Michelle Obama Endorses Porn in Schools and Transing Kids on DNC Day 2

EDITORS NOTE: This Washington Stand column is republished with permission. All rights reserved. ©2024 Family Research Council.


The Washington Stand is Family Research Council’s outlet for news and commentary from a biblical worldview. The Washington Stand is based in Washington, D.C. and is published by FRC, whose mission is to advance faith, family, and freedom in public policy and the culture from a biblical worldview. We invite you to stand with us by partnering with FRC.

Media Helps Reinvent Kamala in Truth-Optional Campaign

While Kamala Harris lets the mystery of her VP pick hang in the air, we don’t need to wonder who’s already on her ticket: the mainstream media. Just when Americans thought they couldn’t be surprised by the press’s bias, Harris’s candidacy has turned them into outright liars, whose in-kind donation is a blanket cover-up for every unpopular policy she’s ever endorsed. And Republicans, who are used to running against the media, have to wonder: will voters see through the scam?

From defunding the police to banning fracking — even Kamala’s assignment as border czar — the Left’s revisionist history has saturated news casts, network interviews, even fact-checkers. As National Review’s Noah Rothman bleakly put it, “The sense of euphoric inevitability that prevailed when Republicans gathered in Milwaukee for the party’s nominating convention is gone. … The Trump campaign has struggled to break into the Kamala Harris–dominated news cycle in a positive way. Republicans are resigned not just to a race against a tougher opponent but to an array of cultural and journalistic institutions acting with reckless disregard for their reputations to shield Harris from scrutiny. It’s all rather depressing.”

Harris’s dubious record is being scrubbed clean by an army of media water-carriers, who insist that GovTrack’s most liberal senator in 2019 didn’t actually mean those things she said about Medicare for All, voting rights for felons, bans on offshore drilling, and gun control. In one of the more embarrassing displays, CNN’s Daniel Dale even claimed that “Harris was never made Biden’s ‘border czar,’” adding, “In reality, Biden gave Harris a more limited immigration-related assignment.”

“I know it’s a lie. You know it’s a lie. They know it’s a lie,” Becket Adams writes. “That they never bothered to correct this three-year-old ‘misconception’ until she became the presumptive Democratic nominee gives the game away. But the all-too-obvious timing of the thing is not stopping them from trying to revise her record anyway.”

One of Joe Biden’s most feckless Cabinet officials, Transportation Secretary Pete Buttigieg, tried to deny the same reality, insisting, “Let’s be very clear about this because there has been a lot of mischaracterization. She was not in charge of the border.” Senator Chris Murphy (D-Conn.) on MSNBC, was even more disingenuous, telling MSNBC, “She wasn’t the border czar, but, boy oh boy, did she do a great job at the border.”

House Majority Leader Steve Scalise (R-La.) could only shake his head. They’re all “trying to rewrite history,” he told Family Research Council President Tony Perkins on Saturday’s “This Week on the Hill.” “And you see all the left[ist] media doing this too. President Biden tapped Kamala Harris to be the border czar. She doesn’t have many jobs as vice president, and that’s one of the few things he gave her. The border is a mess. [She was told to] go figure it out. And she couldn’t do it. She wouldn’t even go down to the border for so long. She ignored this problem.”

The Left is hoping everyone forgets is that “she is for open borders,” Scalise insisted. “She’s been very vocal about wanting to legalize people who just roam into the country and giv[e] them free stuff. And by the way, it’s angering most people in America.” The media is “going to try to change history. Sorry,” the House leader said. “They’re not going to be able to get away with it.”

And yet, as Rothman pointed out, “There is no pressure on the presumptive Democratic presidential nominee to sit for interviews, hold press conferences, or even merely speak extemporaneously for more than a few sentences. Even what may be Harris’s foremost vulnerability — her inauthenticity — is presented as an asset.” His colleague, Rich Lowry, thinks this is the natural outgrowth of the press “elevat[ing] her from also-ran vice president to savior of the republic in the space of about 12 hours a couple of weekends ago.” Now, trusting that the press won’t challenge her on anything she says, Harris has the audacity to claim she’s the tough one on immigration.

At an Atlanta rally, Biden’s vice president actually said, “I will proudly put my record against his any day of the week. Any day of the week, including, for example, on the issue of immigration. … Donald Trump,” she continued, “has been talking a big game about securing our border. But he does not walk the walk.”

As Lowry bemoans, Harris’s “sociopathic dishonesty” on the border “has not been met with a flurry of fact checks, nor have editors been zealously adding the word ‘falsely’ in front of her claims. No, she’s flipping the script, and going on offense, and punching back.” So why not “try to get it to swallow an even more outlandishly implausible notion?” he wondered.

But how long can Kamala outrun the facts as troves of videos, soundbites, and speeches burn down the straw woman the press has built? “As we get closer to November,” Scalise warned, there are three issues that are “crystallizing everywhere you go. And number one — far and away — is the border. People want to get this border secured. It’s madness what’s going on at the border, and that comes up no matter what part of the country you’re in.”

And as the stock market freefalls, images like Harris in 2023 saying she’s “very proud of Bidenomics” will be hard even for the magicians of the media to erase. As Scalise says, the second biggest issue on voters’ minds is “inflation, the cost of things.” “And whatever part of the country you go into, they’re complaining about grocery prices. They’re complaining about gas prices and energy prices, [and] just cooling their home in the summer. I mean, these are problems that were created by the Biden-Harris administration. Everybody knows that. … [T]his is where Kamala Harris is going to have a real problem. She was with Joe Biden helping be the architect [of these policies]. Look, she was the deciding vote for the Inflation Reduction Act. She can’t run away from these things — the policies that created the inflation, that when you go to the grocery store, you’re paying 30% more than when Biden took office.”

Add that to the explosive situation in the Middle East, and frankly, the House’s second-in-command warned, “I don’t remember a time when America’s projected so much weakness to so many of our friends around the world. …You see what Russia did with Ukraine. You see what Iran, through their proxies — Hamas, Hezbollah, Houthis — have done to Israel. And then, of course, you see what China is doing to allies like Taiwan. So all of our enemies are taking advantage of the weakness being projected.”

How does this affect the Democrats’ replacement candidate? Well, as Scalise reminded people, “Kamala has really no record on the world stage, except for the Biden agenda. And the Biden-Harris agenda in foreign policy has been walking away from Israel, projecting weakness, allowing our military to be more focused on wokeness, which is not the preparedness we need to deal with the threat that China and other countries pose. So it’s a dangerous place right now, and we’re in a much more dangerous position because of the weakness projected by Kamala Harris and Joe Biden. And I think that’s going to be a big factor knowing how strong President Trump was. [There were] no new wars when Donald Trump was president. Our friends knew that we had their back. And we did, by the way, have their back because we weren’t letting the bad guys run roughshod around the world.”

So the Left’s strategy is simple: change the subject. “They really are going to be focused on how they can divide the American people between now and November 5th, because they don’t want the American people talking about the issues people care about. … And the reason that Kamala Harris and Joe Biden don’t want to talk about it is because those problems were created by Kamala Harris and Joe Biden. The inflation, high energy prices, open border, all of those are self-created problems by the Biden-Harris ticket. And again, you go back four years ago, we did not have those problems.”

When it comes to Harris’s campaign, “They’re going to want to talk about abortion every day. They’re going to want to talk about mandating [electric vehicles], and January 6th. And the American people are saying, ‘Look, I’ve got real problems that you helped create. And I want to talk about those problems.’”

AUTHOR

Suzanne Bowdey

Suzanne Bowdey serves as editorial director and senior writer at The Washington Stand.

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EDITORS NOTE: This Washington Stand column is republished with permission. All rights reserved. ©2024 Family Research Council.


The Washington Stand is Family Research Council’s outlet for news and commentary from a biblical worldview. The Washington Stand is based in Washington, D.C. and is published by FRC, whose mission is to advance faith, family, and freedom in public policy and the culture from a biblical worldview. We invite you to stand with us by partnering with FRC.

U.S. Households Continue to Struggle under Nagging Inflation, Sky-High Interest Rates

Financial reports continue to indicate that in the three and a half years that have elapsed since the Biden-Harris administration came into office, the percentage of American households that have become financially insecure has grown. Experts say that the administration’s economic policies have contributed to the increase in poverty, particularly by exacerbating inflation through massive federal spending increases, which in turn caused interest rates to spike.

Following a sharp increase in federal spending as part of an emergency COVID relief package that former President Donald Trump signed in December 2020, the Biden-Harris administration and congressional Democrats continued the same level of spending in 2021 and 2022 instead of letting the emergency spending expire, spending $5.9 trillion more than what was spent in pre-pandemic 2019. As pointed out by economic expert J.T. Young, this “excessive spending has helped over-weight demand relative to the supply of goods — too much money chasing too few goods,” causing prices to rise.

When Biden took office in January 2021, inflation was at 1.4%. By March, it had risen to 2.6%, and by January 2022, it ballooned to 7.5%. Six months later, it peaked at 9.1%, a 40-year high. But by December 2022, the rate was still at 6.5%. Currently, the rate is at 3%, which Young noted is still well above the Federal Reserve’s acceptable target rate of 2%.

As Young went on to observe, this was “only half of Americans’ pricing squeeze. The other half comes from the huge jump in interest rates that the Federal Reserve had to implement to cool Biden’s spending-infused inflation inferno. Eleven times the Fed was forced to hike rates, taking them from 0.25-0.50 percent in March 2022 to 5.25-5.50 percent in July 2023,” where it remains currently.

“So, Americans are trapped between inflation’s twin pressures: The prices they pay and the money they borrow,” Young added.

According to data that has recently come to light, the economic situation is continuing to have enormous financial consequences for vast swaths of U.S. households. As reported Wednesday by The Epoch Times, a nonprofit that tracks household budgets called United For ALICE (UFA) has estimated that, according to its most recent available data from 2022, 42% of American households are facing an impossible choice every month: “Pay the rent or put food on the table.”

While the data for 2023 and 2024 has yet been published, recent trends indicate that the struggles have only continued. A Forbes Advisor survey from last year found that 40% of respondents reported living paycheck to paycheck, with 29% saying they could not cover standard expenses. In July of this year, financial services provider LendingTree reported that since 2022, financially insecure households have grown from 34.1% to 36.4%.

“It shouldn’t be terribly surprising,” remarked Matt Schultz, LendingTree’s chief credit analyst. “The perfect storm of record debt, sky-high interest rates, and stubborn inflation have resulted in many Americans’ financial margin of error shrinking to virtually zero.”

Another factor that is hampering millions of households is stagnant growth in wages. Kristen Rotz, president and CEO of United Way of Pennsylvania, told The Epoch Times that 2023 and 2024 have seen virtually no change. “Inflation is slowing, but wages, though increasing somewhat, are still lagging. The cost of the basics outpaced wage growth.”

As a result, food banks from Brooklyn, N.Y. to Michigan are experiencing record demand. A Port Huron, Michigan food bank told the Epoch Times that it recently served a record 38 families in one day. “Groceries are so expensive,” a volunteer observed, stating that the average value of a food pick-up per family is $150. “That amount does not even cover their whole weekly grocery bill. We supplement their food budget so they can pay the rent or car expenses. It’s inflation and the economy that is driving people to us.”

In Brooklyn, about 2,500 people come to the Council of Peoples Organization every week for food, a vast increase from the few dozen that came weekly before the pandemic. According to Chief Executive Officer Mohammad Razvi, many of those coming for the food aid cite sky-high housing costs as a primary reason for not being able to afford groceries. Since the pandemic, home prices have soared 54%.

Republican lawmakers are contending that the financial struggles millions of American households have been experiencing under the Biden-Harris administration are unlikely to change if Vice President Kamala Harris is elected president.

“Every day, the American Dream moves further out of reach, and hardworking Americans are feeling the consequences of the Harris Price Hikes everywhere — from the grocery store, to paying rent, to filling up their cars to get to work,” stated Senator Rick Scott (R-Fla.) last week.

House Ways and Means Committee Chair Jason Smith (R-Mo.) expressed similar sentiments. “One thing Democrats cannot change is the Biden-Harris economic record: 20 percent rise in prices and skyrocketing interest rates preventing families from buying a home and small businesses from growing. Whether it was supporting the trillions of dollars in Democrat spending that overheated the economy or endorsing the absurd claim that inflation was transitory, Kamala Harris has been in lockstep with every one of Joe Biden’s radical economic policies.”

AUTHOR

Dan Hart

Dan Hart is senior editor at The Washington Stand.

EDITORS NOTE: This Washington Stand column is republished with permission. All rights reserved. ©2024 Family Research Council.


The Washington Stand is Family Research Council’s outlet for news and commentary from a biblical worldview. The Washington Stand is based in Washington, D.C. and is published by FRC, whose mission is to advance faith, family, and freedom in public policy and the culture from a biblical worldview. We invite you to stand with us by partnering with FRC.

225 Ways President Biden and the Democrats Have Made it Harder to Produce Oil & Gas

Joe Biden and his Democrats have a plan for American energy: make it harder to produce and more expensive to purchase. Since Biden took office, his administration and Congressional Democrats have taken over 225 actions deliberately designed to make it harder to produce energy here in America.  A list of those actions appears below. A PDF of the list is available to download here.

Author

THOMAS PYLE


On January 20, 2021,

  1. Besides canceling the Keystone XL pipeline,
  2. President Biden restricted domestic production by issuing a moratorium on all oil and natural gas leasing activities in the Arctic National Wildlife Refuge.
  3. He also restored and expanded the use of the government-created social cost of carbon metric to artificially increase the regulatory costs of energy production of fossil fuels when performing analyses, as well as artificially increase the so-called “benefits” of decreasing production.
  4. Biden continued to revoke Trump administration executive orders, including those related to the Waters of the United States rule and the Antiquities Act. The Trump-era actions decreased regulations on Federal land and expanded the ability to produce energy domestically.

On January 27, 2021,

  1. Biden issued an executive order announcing a moratorium on new oil and gas leases on public lands
  2. or in offshore waters
  3. and reconsideration of Federal oil and gas permitting and leasing practices.
  4. He directed his Interior Department to conduct a review of permitting and leasing policies.
  5. Also, by Executive Order, Biden directed agencies to eliminate federal fossil fuel “subsidies” wherever possible, disadvantaging oil and natural gas compared to other industries that receive similar Federal tax treatments or other energy sources which receive direct subsidies.
  6. This Biden Executive Order attacked the energy industry by promoting “ending international financing of carbon-intensive fossil fuel-based energy while simultaneously advancing sustainable development and a green recovery.” In other words, the U.S. government would leverage its power to attack oil and gas producers while subsidizing favored industries.
  7. Biden’s EO pushed for an increase in enforcement of “environmental justice” violations and support for such efforts, which typically are advanced by radical environmental organizations and slip-and-fall lawyers hoping to cash in on the backs of energy consumers.

On February 2, 2021,

  1. The EPA hired Marianne Engelman-Lado, a prominent environmental justice proponent, to advance its radical Green New Deal social justice agenda at the EPA, a signal to industry that it plans to continue its attack on American energy.

On February 4, 2021,

  1. At the behest of the January 27th Climate Crisis EO, the DOJ withdrew several Trump-era enforcement documents which provided clarity and streamlined regulations to increase energy independence.

On February 19, 2021,

  1. Biden officially rejoined the Paris Climate Agreement, which is detrimental to Americans while propping up oil production in Russia and OPEC and increasing the dependence of Europe on Russian oil and natural gas. It also benefits China, who dominates the supply chain for critical minerals that are needed for wind turbines, solar panels, and electric vehicle batteries.

On February 23, 2021,

  1. The Biden administration issued a Statement of Administration Policy in support of H.R. 803 which curtailed energy production on over 1.5 million acres of federal lands.

On March 11, 2021,

  1. The President signed ARPA, which included numerous provisions advancing Biden’s green priorities, such as a $50 million environmental slush fund directed towards “environmental justice” groups, including efforts advanced by Biden’s EO.
  2. ARPA also included $50 million in grant funding for Clean Air Act pollution-related activities aimed at advancing the green agenda at the expense of the fossil fuel industry.

On March 15, 2021,

  1. Biden’s Securities and Exchange Commission sought input regarding the possibility of a rule that would require hundreds of businesses to measure and disclose greenhouse gas emissions in a standardized way, hugely increasing the environmental costs of compliance and disincentivizing oil and gas production.

On April 15, 2021,

  1. The Federal Energy Regulatory Commission’s policy statement outlines — and effectively endorses — how the agency would consider market rules proposed by regional grid operators that seek to incorporate a state-determined carbon price in organized wholesale electricity markets. This amounts to a de facto endorsement of a carbon tax that would be paid by everyday Americans in their utility bills.

On April 16, 2021,

  1. At Biden’s Direction, Secretary of the Interior Deb Haaland revoked policies in Secretarial Order 3398 established by the Trump administration including rejecting “American Energy Independence” as a goal;
  2. rejecting an “America-First Offshore Energy Strategy;”
  3. rejecting “strengthening the Department of the Interior’s Energy Portfolio;”
  4. and rejecting establishing the “Executive Committee for Expedited Permitting.” These actions set the stage for the unprecedented slowdown in energy activity by the Interior Department, steward of 2.46 billion acres of federal mineral estate and all its energy and mineral resources.

On April 22, 2021,

  1. Biden issued the U.S. International Climate Finance Plan to funnel international financing toward green industries and away from oil and gas.

On April 27, 2021,

  1. The Biden administration issued a Statement of Administration Policy in support of S.J. Res. 14 which rescinded a Trump-era rule that would have cut regulations on American energy production.

On April 28, 2021,

  1. Biden’s EPA issued a Notice of Reconsideration that would propose to revoke a Trump-era action that revoked California’s waiver for California’s Advanced Clean Car Program (Light-Duty Vehicle Greenhouse Gas Emission Standards and Zero Emission Vehicle Requirements).

On May 5, 2021,

  1. This proposed Fish and Wildlife Service Rule revokes a Trump administration rule and expands the definition of “incidental take” under the Migratory Bird Treaty Act (MBTA). The rule would impact energy production on federal lands, increasing regulatory burdens.

On May 20, 2021,

  1. Biden issued an executive order on Climate-Related Financial Risk that would artificially increase regulatory burdens on the oil and gas industry by increasing the “risk” the federal government undertakes in doing business with them.

On May 28, 2021,

  1. Biden’s FY 2022 revenue proposals include nearly $150 billion in tax increases directly levied against the oil and gas energy producers.

On July 28, 2021,

  1. This Department of Energy determination increases regulatory burdens on commercial building codes, requiring green energy codes to disincentivize natural gas and other energy sources. DOE readily admits they ignored efforts private industry is making on their own and utilized the questionable “social costs of carbon” to overstate the public benefit.
  2. The Executive Order also kicked off the development of more stringent long-term fuel efficiency and emissions standards, a backdoor way to compel the electrification of vehicles.

On August 11, 2021,

  1. The White House released a letter from Jake Sullivan begging OPEC+ (OPEC plus Russia) to produce more oil.

On September 3, 2021,

  1. Biden’s Department of Transportation issued a proposed rule that would update the Corporate Average Fuel Economy Standards for Model Years 2024–2026 Passenger Cars and Light Trucks to increase fuel economy regulations on passenger cars and light vehicles. The modeling calculated “fuel savings” by multiplying fuel price with ‘avoided fuel costs’ to disincentivize gasoline by making it more costly to afford ICE cars and trucks.

On September 9, 2021,

  1. NASA and the FAA launched a partnership to reduce “fuel use and harmful emissions” by strong-arming industry to adopt elements of their green agenda.
  2. The Department of Education’s Climate Adaptation Plan (CAP) includes efforts to incorporate the green agenda into as many guidance and policies as possible, effectively leveraging the department as an anti-fossil fuel propaganda tool.

On October 4, 2021,

  1. The FWS published its final rule revoking Trump-era actions which eased burdensome regulations on energy action.

On October 7, 2021,

  1. The Council on Environmental Quality revoked Trump administration NEPA reforms that reduced regulatory burdens by reinstating tangential environmental impacts of proposed projects.
  2. Biden announced plans to designate the Northeast Canyons and Seamounts Marine National Monument, a move counter to Trump’s reversal of a similar Obama-era proclamation. Trump aimed to allow energy exploration in the area to increase energy independence.
  3. The U.S. Department of Agriculture’s (USDA) CAP includes efforts to switch fuel away from oil and natural gas and subsidize more costly, less efficient fuel sources.
  4. As part of its CAP, EPA intends to incorporate Biden’s Green New Deal agenda throughout its rulemaking process.

On October 21, 2021,

  1. This report paints climate change, and therefore oil and gas producers, as a “risk to financial stability.” The report recommended the “climate disclosures” later set forth by the Biden administration.

On October 28, 2021,

  1. Rep. Rho Khanna interrogated oil CEOs about why they were increasing production as their ‘European Counterparts’ were lowering their own.

On October 29, 2021,

  1. The Bureau of Land Management announced the use of social costs of carbon in decision-making for approving permits for oil and gas drilling. This devalues the economic benefits of energy production on federal lands.

On October 30, 2021,

  1. The Department of Labor issued a final ESG Rule that would require fiduciaries to consider the economic effects of climate change and other so-called environmental, social and governance (ESG) factors when evaluating funds for retirement plans. The rule would strongly encourage fiduciaries to draw capital from domestic energy development in oil and natural gas to renewables.

On November 2, 2021,

  1. The Biden administration led a “Global Methane Pledge” to reduce global methane emissions by 30 percent by 2030. Neither Russia nor China signed the pledge, increasing the world’s reliance on these two countries for energy-related imports and disadvantaging the U.S. oil and natural gas industry, as well as large consumers of energy such as industrial manufacturing and agriculture.

On November 4, 2021,

  1. Biden committed to “ending fossil fuel financing abroad,” targeting the global fossil fuel industry, thereby disadvantaging them, which increases global oil and gas prices. Further, key countries, like China, did not sign the pledge, so the pledge harms signatories while empowering adversaries. This is another case of unilateral economic and energy disarmament.

On November 5, 2021,

  1. Biden Energy Sec. Granholm laughed at questions about boosting oil production.

On November 12, 2021,

  1. New Source Review: These broad, overreaching regulations target new, modified, and reconstructed oil and natural gas sources, and would require states to reduce methane emissions from hundreds of thousands of existing sources nationwide for the first time. The Proposed Rule follows the President’s Day 1 Climate EO and the passage of the S.J. Res. 14, a CRA rescinding Trump-era energy independence policies. The proposed rule spends several paragraphs dismissing the effects of the rule on the oil and gas industry and misleadingly applies its effects on the industry to only the “140,000” (an underestimate of the over 220,000) employees directly involved in extraction. This means it ignores the nearly 10 million other people working in the oil and gas industry and the impacts to the oil and gas economy more broadly.

On November 15, 2021,

  1. Biden’s Interior Department announced plans to withdraw Chaco Canyon from oil and gas drilling for 20 years.
  2. The Biden administration nominated Saule Omarova to serve as Comptroller of the Currency. Omarova’s past comments speak for themselves: “A lot of the smaller players in [the fossil fuel] industry are going to, probably, go bankrupt in short order—at least, we want them to go bankrupt if we want to tackle climate change,” she said.

On November 17, 2021,

  1. HUD’s CAP leverages the Community Development Block Grant to advance ‘environmental justice’ efforts.
  2. Biden calls on the FTC to probe “anti-consumer behavior” by energy companies.

On November 19, 2021,

  1. Biden endorsed several oil and gas provisions in the Build Back Better Bill, including a new tax on methane, of up to $1500 per ton;
  2. prohibiting energy production in the Arctic and offshore leasing on the Outer Continental Shelf (OCS) in the Atlantic, Pacific and Eastern Gulf of Mexico Planning Areas;
  3. increased fees and royalties for onshore and offshore oil and gas production;
  4. a new $8 billion tax on companies that produce, process, transmit or store oil and natural gas starting in 2023;
  5. limited ability of energy producers to claim tax credits for upfront and royalty payments in foreign countries – amounting to a tax increase on domestic energy producers;
  6. and a 16.4 cent tax on each barrel on crude oil – up from 9.7 cents – a $13 billion tax increase on oil production.

On November 26, 2021,

  1. Biden’s Interior Department issued its report on the Federal Oil and Gas Leasing Program includes recommendations to raise rents and royalty rates on oil and gas producers, even though federal energy production already lags that from state and private lands.

On December 14, 2021,

  1. The EPA launched a revamp of its Office of Civil Rights to add so-called environmental justice enforcement as a key pillar in enforcing Title VI civil rights complaints. The agency’s announcements mean social justice claims against, among others, the oil and gas industry will increase costs and penalties that have specious connections to its environmental mission.

On December 21, 2021,

  1. Biden’s Department of Transportation issued its Final Rule revoking Trump-era actions which prevented California from arbitrarily becoming the national standard for fuel emissions. The rule set the stage for the administration to reinstate California’s waiver, and, since automakers do not make different cars for different states, the rule would allow California’s radical environmental policies to reach nationwide, forcing people nationwide to pay for vehicles meeting California’s standards.

On December 30, 2021,

  1. Biden’s EPA issued its Final Rule for increased “fuel efficiency standards.” According to the Final Rule, “These standards are the strongest vehicle emissions standards ever established for the light-duty vehicle sector. The rule, in responding to comments, claims “energy security benefits to the U.S. from decreased exposure to volatile world oil prices” suggesting that decreasing oil and gas production in the U.S. will result in less exposure to the international oil and gas market because they will be disincentivizing vehicles that use oil and gas. The rule also claims that it will result in “fuel savings” entirely due to less use of fuel.

On January 13, 2022,

  1. DOE announced an initiative to hire 1,000 staffers for their Clean Energy Corps, a group of staff dedicated to Biden’s promise to destroy fossil fuels.

On January 14, 2022,

  1. Biden nominated Sarah Raskin to serve as Vice Chair of the Federal Reserve. She was deemed so radical in her belief that fed policy should be dictated by environmental policy that she gained a bipartisan opposition and had to withdraw her nomination.

On February 9, 2022,

  1. A proposed rule on Coal and Oil Power Plant Mercury Standards would revoke a Trump-era rule that cut red tape on coal and oil-fired power generators and followed the Supreme Court’s rejection of an earlier Obama administration rule. This would effectively reinstate Obama-era regulations which sought to increase regulations on coal and oil-fired power plants.

On February 18, 2022,

  1. FERC updated a 23-year-old policy for assessing proposed natural gas pipelines, adding new considerations for landowners, environmental justice communities, and other factors. In a separate but related decision, the commission also laid out a framework for evaluating projects’ greenhouse gas emissions.

On February 21, 2022,

  1. The Biden administration paused working all new oil and gas leases on Federal land in response to a judge blocking their arbitrary use of social costs of carbon, unnecessarily hurting domestic oil and gas production.

On February 28, 2022,

  1. The Ozone Transport Proposed Rule would expand federal emissions regulations over a wider geographic region and over a wider array of sources, including the gathering, boosting and transmission segments of the oil and gas sector. Integral energy production states like Nevada, Utah and Wyoming would be required to jump through more red tape.

On March 1, 2022,

  1. Refusal To Appeal adverse leasing court decision: The Biden administration refused to appeal an unprecedented decision to vacate an offshore oil and gas leasing sale held in November 2021. This means under Biden, the U.S. has not held one successful lease sale offshore.
  2. Certification of New Interstate Natural Gas Facilities: This policy statement increases climate change regulations for new interstate natural gas facilities.

On March 8, 2022,

  1. President Biden tried to deflect from his anti-energy record saying there are 9,000 issued leases on federal lands without current drilling. This is true and it’s also true that this is the lowest percentage of unused leases in at least 20 years — in other words, lease utilization is at a multi-decade high.

On March 9, 2022,

  1. EPA Reinstates California Emissions Waiver: The EPA reinstated California’s emissions waivers, allowing the state to set its own greenhouse gas emissions standards, standards which will likely be adopted nationwide and are sure to make vehicles more expensive. The practical effect is that California is setting policy for people in all the other states despite their terrible record of energy inflation.

On March 11, 2022,

  1. Natural Gas Infrastructure Project Reviews: This interim regulation will increase the regulatory burden on natural gas facilities by, among other things, requiring climate change impacts be considered when determining whether a project is in the public interest.

On March 16, 2022,

  1. Doubling Down on Social Costs of Carbon: The 5th Circuit Court of Appeals reinstated the dubious social costs of carbon metric which had been rejected by another court by issuing a stay on the lower court’s ruling. The ruling itself cast doubt on the lower court’s ruling. The Biden administration argued against the lower court’s ruling to reinstate the SCC metric. The Social Cost of Carbon is a “made-up” number designed to make any hydrocarbon project in the U.S. more expensive. It is an “end-around” the politically difficult carbon tax most of the Green Establishment supports.

March 21, 2022,

  1. SEC Proposed Rule on Mandatory Climate Disclosures: The SEC’s proposed rule would require public companies to disclose greenhouse gas emissions
  2. and their exposure to climate change. This rule would massively increase so-called environmental costs of compliance and, in tandem with so-called social costs of carbon, artificially disincentivizing oil and gas production.

March 28, 2022,

  1. Army Corps of Engineers’ Review of its Nationwide Permit 12 for Oil or Natural Gas Pipeline Activities: The corps announced it would be reviewing NWP 12 late last month as part of Biden’s day-1 executive order on climate change mandating all federal agencies ensure their work is in line with its climate and environmental objectives. The review is part of a long list of actions that confuse and delay permitting for critical infrastructure. This makes pipelines harder to build and improve in the U.S.

March 30, 2022

  1. Environmental Justice Advisory Council Meeting: The WHEJAC will hold its first two meetings to, among other things, advance Green New Deal priorities including “environmental justice and pollution reduction, energy, climate change mitigation and resilience, environmental health, and racial inequity.”

March 31, 2022

  1. President Biden announces that he will sell one million barrels of oil a day from the Strategic Petroleum Reserve for the next six months.
  2. Biden wants to penalize oil companies with unused leases: President Biden called on Congress to pass legislation enacting “use it or lose it” fines on wells that oil companies have leased from the federal government but have not used in years and “on acres of public lands that they are hoarding without producing… Companies that are producing from their leased acres and existing wells will not face higher fees.” The extra fees on federally leased land are on top of rents that the oil companies pay to hold the leases, “bonus bids” paid by the winning bidder at lease sales and the fact that 66 percent of federal leases are currently producing oil. This is simply a deflection from the Biden administration’s war on affordable North American energy supplies.
  3. Biden’s Budget Contains More Anti-Oil Proposals: President Biden’s budget for the fiscal year 2023 is $5.8 trillion. It contains large amounts of climate spending and anti-oil and gas policies that did not get passed in his Build Back Better bill last year.
  4. Biden is seeking $50 billion for programs to address climate change,
  5. including $18 billion to build the U.S. government’s resilience to climate change,
  6. $3.3 billion in funding for clean energy projects and at least $20 million for a new “Civilian Climate Corps.”
  7. To help pay for the increased climate spending, Biden is asking Congress to eliminate tax provisions that aid domestic energy production,
  8. including tax deductions for intangible drilling costs and low-production wells that enable small producers in the United States to produce oil. Removing these deductions will lower domestic output while further raising already high oil and gasoline prices.

April 5, 2022,

  1. Biden’s Department of Energy Office of Fossil Energy and Carbon Management releases a “Strategic Vision” with no discussion of increasing domestic fossil energy production: The Department of Energy is statutorily required to carry out research and development with “the goal of improving the efficiency, effectiveness, and environmental performance of fossil energy production, upgrading, conversion, and consumption.” (42 USC 16291) However, the Biden Department of Energy has no interest in increasing fossil energy production. Despite the requirements of the law, the Strategic Vision is only about “Advancing Justice, Labor, and Engagement; Advancing Carbon Management Approaches toward Deep Decarbonization; and Advancing Technologies that Lead to Sustainable Energy Resources.”

April 12, 2022,

  1. Biden extended the availability of higher biofuels-blended gasoline during the summer to lower gasoline costs and to reduce reliance on foreign energy sources. The measure will allow Americans to buy E15, a gasoline blend that contains 15 percent ethanol from June 1 to September 15. Oil refiners are required to blend some ethanol into gasoline under a pair of laws, passed in 2005 and 2007, known as the Renewable Fuels Program, intended to lower the use of oil and greenhouse gas emissions and reduce dependency on foreign oil by mandating increased levels of ethanol in the nation’s fuel mix every year. However, since the passage of the 2007 law, the mandate has been met with criticism that it has contributed to increased fuel prices and has done little to lower greenhouse gas emissions. With looming food shortages already acknowledged by President Biden, turning his back on domestic energy production while dedicating even more food to make energy inefficiently is not wise.

April 15, 2022,

  1. Biden announced 144,000 acres of the federal mineral estate opened for oil and gas leasing — just 0.00589 percent of the 2.46 billion acres the American people own.  White House Press Secretary Jen Psaki said, “Today’s action…was the result of a court injunction that we continue to appeal, and it’s not in line with the president’s policy, which is to ban additional leasing.”
  2. The administration announced it would resume leasing, but with a royalty rate almost 50 percent higher.
  3. Withdrawal of M-37046 and
  4. reinstatement of M37039: “The Bureau of Land Management’s Authority to Address Impacts of its Land Use Authorizations Through Mitigation” The Interior Department reversed a Trump administration decision which limited the scope of “compensatory mitigation” the Department could force upon projects on federal land as a condition of receiving a permit, which will hit energy and mining projects especially hard. Under the new guidance, opponents in the federal government could require mitigation located far from the project with little relevance, effectively giving bureaucrats a blank check to request whatever they wish of a permit seeker with little controls. This decision was made less than a week after the DOI Inspector General reported that there were no controls or apparent records justifying previous versions of this program, and warned they may have to review the overall program again. This is a “3rd world” approach giving government officials the latitude to effectively deny a project by assessing “compensatory mitigation” so expensive as to make it uneconomic, or to fund their pet projects by extorting additional funds from a permit-seeker.

April 19, 2022,

  1. Biden Restores Climate to NEPA: The Biden administration completed reforms on how agencies implement the National Environmental Policy Act, effectively undoing one of the Trump administration’s most important environmental regulatory rollbacks. This opens the door for officials to cook up whatever justification they desire to impede energy development under the guise of NEPA.

April 20, 2022,

  1. White House Climate Advisor Gina McCarthy states on MSNBC that “President Biden remains absolutely committed to not moving forward with additional drilling on public lands.”

April 21, 2022,

  1. U.S. Climate Envoy John Kerry said the world’s reliance on natural gas should be limited to a decade. He said, “We have to put the industry on notice: You’ve got six years, eight years, no more than 10 years or so, within which you’ve got to come up with a means by which you’re going to capture, and if you’re not capturing, then we have to deploy alternative sources of energy.” Repeated statements like this from administration officials tell investors not to sponsor energy investments in the U.S., since it implies the use of those energy sources will be limited by the government.

April 25, 2022,

  1. Biden reverses Trump’s Alaska oil plan: The Biden administration released a management plan for the National Petroleum Reserve Alaska, an Indiana-sized area reserved for oil and gas leasing. The final decision reverses a Trump-era plan that had opened most of the reserve to oil and gas leasing and withdraws some of the most prospective oil and gas areas from consideration.

April 28, 2022,

  1. The Biden administration admitted to using faulty modeling which overestimated wildlife effects, delaying permitting on existing leases.

May 18, 2022,

  1. The Biden administration announced they were canceling a lease sale of over one million acres in the Cook Inlet in Alaska.
  2. At the same time, the Biden administration announced they were canceling a lease sale in the Gulf of Mexico.

May 19, 2022,

  1. HR. 7688 is named the “Consumer Fuel Price Gouging Prevention Act,” and it would give the President vast powers to set price controls by executive fiat. If passed, this legislation will cause even more harm to American energy consumers. Price controls don’t work, and our experience during the gas lines of the 1970s should remind us that price controls will lead to shortages
  2. S.4214 is a similar “price gouging” bill taken up in the Senate.

June 2, 2022,

  1. The Biden administration settled with environmental litigants to do what the Biden administration wanted to do and more thoroughly analyze the climate impacts of oil and gas leasing on 4 million acres of federal lands. This provides more delay, potential litigation about sufficiency, and more uncertainty about investment.
  2. Biden’s EPA announced they were allowing states greater power to stop roads, dams, shopping malls, housing developments, wineries, breweries, pipelines, coal terminals, and other projects using Section 401 of the Clean Water Act.

June 7, 2022,

  1. Biden’s EPA deals a death blow to Pebble Mine in Alaska.  Citing its authority under the 1972 Clean Water Act, EPA proposed a legal determination that would ban the disposal of mining waste rock in the Bristol Bay watershed. Pebble is one of the world’s largest copper deposits –essential for electrification—and holds enormous quantities of additional minerals, including strategic ones.

June 8, 2022,

  1. Biden reduces fees on renewables while raising them on oil and gas.  President Biden’s Interior Department announced it will reduce the fees on renewable projects on federal lands after announcing recently that royalty rates and rents would increase as much as 50% for oil and gas projects on federal lands.

June 28, 2022,

  1. President Biden considers new regulations that would hamper the largest oil-producing area in the world.  His latest consideration is EPA implementing new requirements that would curb drilling across parts of the Permian Basin—the world’s biggest oil field that straddles Texas and New Mexico.

July 6, 2022,

  1. President Biden releases his draft offshore lease plan.   The plan includes an option with zero lease sales. There is the potential for ten potential new leases in the Gulf of Mexico and one in the Cook Inlet off the southern coast of Alaska. There are no new leases in federal waters off the Atlantic and Pacific coasts. Biden’s plan is in sharp contrast to President Trump’s proposed offshore lease plan that had 47 new offshore drilling leases, including in the Atlantic and Pacific oceans. President Trump had proposed a vast expansion of drilling sales to cover more than 90 percent of coastal waters, including areas off California and new zones in the Atlantic and Arctic. The earliest Biden’s offshore lease program could be finalized is likely late fall.

July 7, 2022,

  1. The Biden administration proposes a strict appliance standard rule for furnaces, the goal of which is to increase the upfront cost of using natural gas furnaces so great that people will switch to electric heating.

July 14, 2022,

  1. Biden sells oil to China from the SPR.  Biden has sold more than five million barrels of oil from the SPR to European and Asian nations instead of U.S. refiners, compromising U.S. energy security. Biden’s Energy Department in April announced the sale of 950,000 barrels from SPR to Unipec, the trading arm of the China Petrochemical Corporation, which is wholly owned by the Chinese government.  China purchased that oil from U.S. emergency reserves to bolster its own stockpile. China has been buying large amounts of oil for its reserves since the early COVID lockdowns when prices were low due to demand destruction.

July 15, 2022,

  1. Biden’s Federal Highway Administration, without authority to do so, proposed requiring all states to track and reduce on-road vehicle greenhouse gas emissions.

August 16, 2022,

  1. President Biden signs the Inflation Reduction Act (IRA), which includes new taxes on natural gas extraction and methane leaks, and
  2. Superfund taxes on crude oil and its related products, and
  3. An extension of biofuel tax credits and a new tax credit for sustainable aviation fuel. These biofuel tax credits will encourage existing petroleum refining capacity to convert to biofuels, making it harder for Americans to get the petroleum fuel products they need for transportation and home heating. These incentives will make the United States import more petroleum products from countries with additional capacity such as China and the Middle East, while committing more agricultural products to fuel, rather than food.
  4. IRA:  The law also encourages states to adopt California’s plan to phase out gas-powered vehicles by 2035.

August 17, 2022,

  1. A federal judge reinstated a moratorium on coal leasing from federal lands that had been implemented during the Obama administration and was lifted under President Donald Trump. The ruling from U.S. District Judge Brian Morris requires government officials to conduct a new environmental review prior to resuming coal sales from federal lands. According to the judge, the government’s previous review of the program had not adequately considered the impacts of climate change from coal’s greenhouse gas emissions, among other effects.

August 18, 2022

  1. Secretary of Energy Jennifer Granholm sent a letter to refiners threatening “to deploy emergency actions” against the industry if they continue to export refined products or otherwise fail to build refined product inventories. This ignores the record of increasing exports of petroleum coinciding with rising production in the U.S.

August 22, 2022,

  1. U.S. Appeals Court reinstates Biden’s ban on oil and gas leasing

September 6, 2022

  1. The Biden administration reached an agreement with environmental groups to halt drilling permits on over 58,000 acres of land in a sue-and-settle case.

September 12, 2022,

  1. EPA announced they rejected Cheniere Energy’s LNG appeal to exempt two turbines at LNG export terminals from a hazardous pollution rule despite the needs of the Europeans and others for LNG and Biden’s promises to help allies with supplies.

September 19, 2022

  1. The Department of Energy announces the sale of an additional 10 million barrels of oil from the SPR.

September 20, 2022,

  1. The Biden administration is expected to soon finalize a rule banning oil and gas leasing near Chaco Culture National Historical Park opposition from local Indigenous leaders, who say the administration’s rule would prevent them from collecting royalties on their land.

September 30, 2022,

  1. Secretary of Energy Jennifer Granholm and senior White House officials met with U.S. refiners. The Biden administration officials threatened the refiners with an export ban.

October 5, 2022,

  1. The Biden administration is reportedly working to wind down sanctions against Venezuela’s authoritarian government in exchange for oil production.  This ignores that Venezuelan crude oil is much more carbon intensive than the domestic oil the Biden Administration is restricting, or Canadian oil which would have been transported via the Keystone XL pipeline.

October 7, 2022,

  1. The Securities and Exchange Commission announced that it was reopening the comment period on the ESG rule because a “technological error” resulted in the deletion of some public comments. But the SEC only gave people 14 days to figure out if their comment was deleted and to submit a comment again.

October 2, 2022,

  1. Biden administration officials lobbied the Saudis and other members of OPEC+ to hold off reducing oil output until after the midterm elections.

October 6, 2022,

  1. The Department of the Interior moves forward with some leasing but notes that they are “mandated” by the Inflation Reduction Act. In other words, DOI is trying not to lease unless mandated by an act of Congress. This ignores that current law requires them to lease periodically, which they are honoring in the breach.

November 2, 2023

  1. President Biden threatens oil companies with a windfall profits tax—again.  “Their profits are a windfall of war,” Mr. Biden said, referring to the Russian invasion of Ukraine as the reason for high prices for oil and gasoline. Biden could easily increase domestic oil production by changing his anti-oil and gas policies that began on his first day in office.

November 9, 2022

  1. California proposes banning new diesel trucks by 2040.  The California Air Resources Board (CARB) proposed a regulation that would require manufacturers to sell only “zero-emission” medium and heavy-duty vehicles in the state by 2040.

November 16, 2022

  1. The U.S. supports the phase out of hydrocarbon fuel sources at COP27.

November 17, 2022

  1. Biden releases more stringent requirements to EPA’s proposed methane rule at COP27.  At the Conference of the Parties (COP27) in Egypt, President Biden’s Environmental Protection Agency (EPA) released the text of a supplemental proposed rule regulating methane emissions from the oil and natural gas industries that is more stringent than the original proposed rule in 2021. The 2021 rule targets emissions from existing oil and gas wells nationwide, rather than focusing only on new wells as previous EPA regulations have done. The new rule released at COP27, however, includes all drilling sites, even smaller wells that emit less than 3 tons of methane per year.  Small wells currently are subject to an initial inspection but are rarely checked again for leaks. The new proposal also requires operators to respond to credible third-party reports of high-volume methane leaks. These more stringent requirements result in a near doubling of the economic costs, which are estimated to produce a 13 percentage point increase in reduced emissions from 2005 levels by 2030. Increasing costs will increase bills for consumers at a time when natural gas prices are already expected to climb.
  2. Federal government grants lesser prairie chicken ESA protections.

November 29, 2022

  1. EPA proposes exorbitant estimates for the social cost of carbon.  President Biden’s Environmental Protection Agency (EPA) has proposed a new estimate for the social cost of carbon emissions that nearly quadruples the interim figure from the Obama Administration. The Biden administration has been using the Interagency Working Group’s interim value of $51 per metric ton of carbon dioxide, but EPA has proposed increasing it to $190.

November 30, 2022

  1. Instead of relying on the scientific method, the Biden administration instructed regulatory agencies to apply “indigenous knowledge” to “research, policies, and decision making.”

December 7, 2022

  1. President Biden seeks fossil fuel-free federal buildings and bans natural gas.

December 8, 2022

  1. The Bureau of Land Management piles its methane rule atop those set by EPA and Congress.  BLM’s proposal would tighten limits on gas flaring on federal land and require energy companies to better detect methane leaks. The rule would impose monthly limits on flaring and charge fees for flaring that exceeds those limits.

December 23, 2022

  1. California’s regulators release their net zero plan.  California regulators approved a plan to reduce the state’s carbon-dioxide emissions by 85 percent from 1990 levels by 2045, thereby reaching carbon neutrality, meaning the state will remove as many emissions from the atmosphere as it emits. It aims to do so in part by reducing fossil fuel demand.

January 10, 2023

  1. U.S. Interior Department names Elizabeth Klein to oversee offshore energy.  She had initially been nominated by the White House to be the Deputy Interior Secretary under current chief Deb Haaland but was withdrawn from consideration in March 2021 amid opposition from moderate Alaska Republican Senator Lisa Murkowski, whose vote was needed for her confirmation, over concerns that Klein was opposed to oil development.

January 12, 2023

  1. EPA’s proposed rule regarding the Clean Water Act. The rule would expand the EPA and Army’s regulatory oversight to include traditionally navigable waters, territorial seas, interstate waters and, “upstream water resources that significantly affect those waters.”  According to the two agencies, the revised rule is based on definitions that were in place before 2015. Farming groups, oil and gas producers, and real estate developers criticized the regulations as overbearing and burdensome to business, and, in particular, the ruling has the potential to affect natural gas infrastructure projects. It also would exert federal control over lands not owned by the federal government.

January 17, 2023

  1. Biden appointee proposes ban on gas stoves.  Richard Trumka Jr., a Biden commissioner on the CSPC, told Bloomberg the ban is justified because gas stoves increase respiratory problems such as asthma among children, which is a myth promoted by environmentalists whose real agenda is not to reduce asthma but to ban natural gas.  Gas stoves are used in about 35 percent of households nationwide, or about 40 million homes. The household figure is closer to 70 percent in some states, such as California and New Jersey. Other states where many residents use gas stoves include Nevada, Illinois, and New York.

January 31, 2023

  1. The Biden administration blocks Minnesota’s Twin Metals Mine.  The Biden administration blocked plans for a major copper, nickel and cobalt mine in northern Minnesota that could have helped supply minerals for his “net-zero” plans. The “Twin Metals Project” would have tapped the Duluth Complex within the Superior National Forest, where 95 percent of the nation’s nickel reserves and 88 percent of American cobalt reserves are found.

February 3, 2023

  1. The Biden administration blocks the development of Alaska’s Pebble Mine.  The U.S. Environmental Protection Agency blocked the development of the proposed Pebble mine–the most significant undeveloped copper and gold resource in the world–because of stated concerns about its environmental impact on Alaska’s aquatic ecosystem.

March 3, 2023

  1. Biden EPA approves Midwest governors’ request for year-round E15 sales.  The Biden administration is recommending for approval a rule that would allow expanded sales of gasoline with a higher ethanol blend (15 percent ethanol), based on a request from governors in Midwest states.

March 9, 2023

  1. Biden administration attacks oil and gas in FY24 budget proposal.

March 10, 2023

  1. Biden’s offshore oil and gas lease plan was delayed by 18 months. President Biden’s oil and gas offshore lease plan is late and will be even later as the Interior Department argues it needs until December to finalize the plan. It told a court it needs the rest of the year to complete an analysis on the delayed five-year program, which will replace the expired 2017-2022 program.

March 14, 2023

  1. Biden withdraws more areas of Alaska from oil exploration.  The Biden administration announced major restrictions on offshore oil leasing in the Arctic Ocean and across Alaska’s North Slope supposedly to temper criticism from environmentalists over a pending decision on an oil drilling project in Alaska’s National Petroleum Reserve known as Willow and to form a “firewall” to limit future oil leases in the region. The Interior Department said it would issue new rules to block oil and gas leases on more than 55 percent of the 23 million acres that form the National Petroleum Reserve-Alaska and bar drilling in nearly 3 million acres of the Beaufort Sea — closing it off from oil exploration.  The restricted area of over 16 million acres is about the size of West Virginia. The Willow project, if approved, would take place inside the petroleum reserve, which is located about 200 miles north of the Arctic Circle. The National Petroleum Reserve was established in 1912 as a backup source of oil for the federal government, originally for the Navy, as it was at one time referred to as the Naval Petroleum Reserve. Four sites in the country comprised the Naval Petroleum Reserve. The fourth site is on the North Slope of Alaska.

March 16, 2023

  1. Sen. Whitehouse introduces the “Clean Competition Act,” a carbon border tax.  One consequence of this policy would be a negative impact on trade relations with the rest of the world. A carbon border tax will likely lead to retaliatory tariffs with our trading partners and a trade war as increasing tariffs are applied back and forth. A carbon tax like this one would impact heavy industry the most, as it would raise prices on things like steel, aluminum, and other industrial inputs. Because the costs of tariffs are ultimately passed along to consumers, starting a trade war with the world’s largest producer of aluminum (China produced nearly 60 percent of world aluminum in 2021) is a far cry from supporting the American working class. Additionally, carbon border taxes are ripe for political gamesmanship because determining the true carbon intensity of products from a variety of countries with different regulatory systems and variations in how emissions are tracked is no simple task. The sheer complexity of rating products would impose massive compliance costs throughout global supply chains, the last thing that is needed with runaway inflation and supply chains that are still recovering from the dual shocks of the pandemic and Russia’s invasion of Ukraine.

March 17, 2023

  1. EPA’s “Good Neighbor” rule increases the costs of electricity for consumers.  The Biden administration announced tougher limits on emissions from power plants, factories and other industrial facilities that cross state boundaries. The new standards, announced by the Environmental Protection Agency (EPA), are intended to place tighter constraints on emissions from 23 Midwestern and Western states that have coal and natural gas power plants and facilities. This interstate regulation, known as the “good neighbor” rule, strengthens and expands an earlier interstate air pollution standard that was enacted during the Obama administration. In finalizing the rule, the EPA included three western states in the regulation — California, Nevada and Utah, due mainly to emissions from their industrial facilities. The new rule includes increased flexibilities, giving power plants emission allowances that will decrease over time. EPA was able to finalize the new standards as the U.S. Court of Appeals for the D.C. Circuit rejected a challenge to EPA’s proposed rule by coal companies and others this month. This rule is but one of many the Biden Administration is planning to roll out in pursuit of its quest to kill coal plants in the United States, as IER has detailed.

March 20, 2023

  1. Biden uses veto to preserve DOL Rule on ESG investing.

March 23, 2023

  1. U.S. Army Corp of Engineers slow walks Line 5 permitting process.

March 30, 2023

  1. California gasoline price gouging bill.  California Democratic lawmakers approved a bill that could provide a penalty for supposed price gouging at the gasoline pump, allowing regulators the power to fine oil companies for supposedly profiting from gas price spikes similar to those that California experienced last summer. Democratic Governor Gavin Newsom called for a special legislative session to pass a new tax on oil company profits after the average price of gas in California hit a record high of $6.44 per gallon, according to AAA. State regulators, however, did not pass a new tax because they were worried about supply shortages and higher prices as oil companies pass the new tax onto consumers.

March 31, 2023

  1. New York State to ban gas stoves in new buildings.  New York will become the first state to pass a law banning natural-gas and other fossil-fuel hookups in new buildings on its way to meeting President Biden’s net zero carbon goals and the state’s own targets for greenhouse-gas reduction. The New York State Climate Leadership and Community Protection Act, passed in 2019, calls for a reduction in economy-wide greenhouse-gas emissions of 40 percent by 2030 and 85 percent by 2050 from 1990 levels.

April 4, 2023

  1. The Bureau of Land Management (BLM) proposes a rule to try to get around the Federal Land Policy and Management Act’s (FLPMA) requirements for “multiple-use and sustained yield” and instead have even more lands in conservation.

April 12, 2023

  1. Biden releases new rules to force electric Vehicles on Americans. The New York Times notes that EPA is releasing rules that are intended to ensure that electric cars represent between 54 and 60 percent of all new cars sold in the United States by 2030 and 64 to 67 percent by 2032—in 9 years. That would exceed President Biden’s earlier goal announced in 2021 to have all-electric cars account for half of new car sales by 2030. The purpose of the new EPA regulations is to essentially regulate cars with combustible engines out of business by making the rules so stringent that car companies cannot comply, which is a de facto death knell. Today, less than six percent of cars are electric, despite tax credits of up to $7,500. The federal government is also providing tens of billions of subsidies to the battery producers and offering prime parking spaces to electric vehicles with charging stations at nearly every shopping center in America. This ruling would result in a complete transformation of the automotive industrial base and the automotive market, whether the American public likes it or not.
  2. EPA announces new GHG emissions regulations rule for heavy-duty vehicles ((such as delivery trucks, refuse haulers, public utility trucks, transit, shuttle, school buses, etc.) and tractors (such as day cabs and sleeper cabs on tractor-trailer trucks) starting in model year 2027.

April 25, 2023

  1. EPA Proposes to Regulate Carbon Dioxide Emissions from Existing and New Power Plants.

May 12, 2023

  1. Department of Transportation Proposes Rules to Reduce Methane Emissions from pipelines.

May 15, 2023

  1. EPA proposes new regulations requiring power plants to reduce GHG emissions and require carbon capture and sequestration or hydrogen co-firing even though these are uneconomic technologies.

June 2, 2023

  1. Biden orders a 20-year ban on oil and gas leasing within 10 miles of Chaco Culture National Historical Park. In withdrawing the lands from development against the wishes of the Navajo Nation, the action prevents Navajo mineral owners from developing their oil and natural gas resources and realizing $194 million in royalty income over 20 years.

June 22, 2023

  1. The U.S. Fish and Wildlife Service (FWS) proposes three new ESA rules regarding interagency cooperation, listings, and critical habitat designation. Taken together, the Biden Administration is seeking to erode the standards with the goal of listing species that do not credibly meet the ESA’s definition of threatened or endangered species and designated critical habitat on such massive scales, including areas that are unoccupied. The result is reduced areas open to development, increased costs, unwarranted or unjustified permit requirements, delays, and a multitude of operational constraints that significantly impact the ability to responsibly develop energy resources.
  2. The U.S. Fish and Wildlife Service (FWS) along with the National Marine Fisheries Service (NMFS) propose new regulation on interagency cooperation with respect to the Endangered Species Act.
  3. The FWS and NMFS also propose the new regulations on Listing Endangered and Threatened Species and Designating Critical Habitat.
  4. The FWS proposes an additional rule pertaining to endangered species. These three rules taken together seek to erode the standards with the goal of listing species that do not credibly meet the ESA’s definition of threatened or endangered species and designated critical habitat on such massive scales, including areas that are unoccupied. The result is reduced areas open to development, increased costs, unwarranted or unjustified permit requirements, delays, and a multitude of operational constraints that significantly impact the ability to responsibly develop energy resources.

June 30, 2023

  1. The U.S. Fish and Wildlife Service (FWS) proposes to list the Dunes Sagebrush Lizard as endangered under the Endangered Species Act (ESA). Despite extensive conservation efforts by oil and natural gas operators, the listing in the highly productive Permian Basin of Texas and New Mexico seems specifically designed to reduce development in one of the nation’s most prolific oil producing regions.

July 20, 2023

  1. Biden Administration Proposes to Raise Drilling Costs on Federal Lands. The Interior Department’s Bureau of Land Management (BLM) has proposed a rule to implement the increased increasing royalty rates for oil and natural gas drilling production on federal lands from 12.5 percent to 16.67 percent—about a third higher–and increased leasing fees that Congress passed in the Inflation Reduction Act (IRA). BLM goes far beyond IRA by also raising the minimum bond paid upon purchasing an individual drilling lease from $10,000 to $150,000. To top it off, they propose raising the minimum bond required for a drilling lease on multiple public lands in a state from $25,000 to $500,000—a 20-fold increase. Developers must pay the bond before drilling begins. The agency also proposes limits designed to steer development away from wildlife and cultural sites. The Interior Department estimates that energy firms will incur $1.8 billion in additional costs by 2031.

July 26, 2023

  1. The White House holds a Methane Summit to reduce methane emissions, but doesn’t invite anyone from the industry.

July 28, 2023

  1. NHTSA proposes new fuel efficiency regulations requiring the average light-duty vehicle estimated to reach 58 miles per gallon by 2032.
  2. NHTSA proposes new fuel efficiency regulations for heavy-duty pickup trucks and vans (HDPUVs) for MYs 2030-2035.

August 1, 2023

  1. EPA proposes updated greenhouse gas reporting requirements for the oil and natural gas industry. Rather than recognizing that industry continues to decrease methane and other greenhouse gas emissions, the rule attempts to overcount GHGs as a means to eventually impose a carbon budget on the industry. By manipulating emissions factors that are used to calculate emissions, the rule could overestimate industry emissions nearly three-fold.

August 2, 2023

  1. The White House issues new guidance on valuing ecosystem services for use in calculating costs and benefits of proposed regulations.

August 3, 2023

  1. BLM proposes removing more than 1.6 million acres from oil and gas leasing in Colorado.

August 4, 2023

  1. BLM proposes to close 1.566 million acres to oil and natural gas leasing in the Grand Junction and Colorado River Valley field offices in the highly productive Piceance Basin on Colorado’s West Slope. The Energy Information Administration (EIA) considers the Piceance Basin to have five of the top 50 natural gas fields in the United States in proven reserves. The update to the Resource Management Plan and supplemental Environmental Impact Statement is designed to cut off new development in the promising Mancos Shale formation.

August 7, 2023

  1. Biden proposed 236-pages of revisions to NEPA (National Environmental Policy Act) guidance to make it harder to permit any natural gas, oil, or coal project.

August 10, 2023

  1. EPA denies small refinery biofuel waivers and sets large future biofuel mandates.

August 24, 2023

  1. The Interior Department holds lease sale 261, but withdraws 6 million acres previously scheduled for leasing.

September 5, 2023

  1. The Department of Transportation banned the transportation of LNG by train.

September 6, 2023

  1. The Biden administration canceled oil and gas leases held by the state of Alaska in the 1002 area of ANWR. This area was specifically set aside by Congress for oil and gas leasing and Congressionally-mandated lease sales.
  2. The Biden administration proposed new regulations to make it more difficult to produce oil and gas in the National Petroleum Reserve-Alaska by withdrawing almost half of the prospective area.

October 2, 2023

  1. The Biden administration’s five-year plan for offshore oil and gas leasing will not include any sales in 2024 and will feature just three in the final four years–the lowest number of auctions in the history of the program.
  2. Army Corps of Engineers continues “inexplicably lethargic” environmental review of Line 5.  Line 5 moves about 23 million gallons of oil and gas products daily between the United States and Canada.

October 18, 2023

  1. An E&E News analysis shows a 30 percent decrease in permits issued for new offshore oil and gas wells during the first two years of the Biden administration compared to the equivalent period under the Trump administration. Unfavorable policies are deterring companies from making long-term, capital-intensive investments in the U.S. Gulf of Mexico (GOM), where almost all U.S. offshore drilling occurs. The Bureau of Safety and Environmental Enforcement (BSEE) permitted 105 wells in Biden’s first two years, which compares to approving 148 during Trump’s first two years in office and 275 during Obama’s first two years. Oil companies face tougher regulations under Biden, uncertainty in oil prices, and higher expenses as they move into drilling deeper waters.

October 27, 2023

  1. A proposed Environmental Protection Agency (EPA) rule on hydrofluoric-acid-based alkylation could spur a round of refinery closures as the cost of replacing hydrofluoric acid based alkylation with alternatives is extremely high. EPA is considering adding amendments to its Risk Management Program (RMP) regulation that could effectively eliminate the use of hydrofluoric acid at U.S. refineries to make cleaner gasoline. Finalization of the rule would result in a loss of U.S. alkylation capacity that would reduce supplies of gasoline and aviation fuel, resulting in higher fuel prices for consumers. It could also shutter some refineries and impact U.S. energy and economic security.

October 31, 2023

  1. Biden designates longtime political operative Laura Daniel-Davis as Acting Deputy Secretary for the Department of Interior. Biden previously nominated Daniel-Davis to serve as Assistant Secretary for Land and Minerals Management, but withdrew the nomination after it became clear it would not advance in the senate over concerns of her anti-production track record. This move bypasses congressional authority and places another politically motivated opponent of domestic energy production into the leadership of DOI.

November 2, 2023

  1. Biden’s Department of Energy (DOE) has increased the time it takes to review a permit for exporting LNG from 7 weeks to a minimum of 11 months. The slowing of permit approval could mean that nearly-completed LNG projects are not able to supply European buyers in need of gas because they do not have  the permit. The drastic slowing of LNG export permits represents the most significant limit thus far on an industry planning to add 50 percent more to U.S. export capacity by 2026.

November 6, 2023

  1. Biden-⁠Harris Administration Releases Final Guidance on OMB Circular A-4.  The 2003 version of Circular A4 advised agencies to use discount rates ranging from 3% to 7% to calculate present values of future costs and benefits. The updated 2023 Circular A4 advises agencies to use the rate of return to Treasury Inflation Protected Securities (TIPS), which currently are roughly 1.7%.  The rates reflect the weight given to future impacts of climate change. A higher rate means a lower dollar value is assigned to future impacts; a lower rate assigns more value to those impacts.

November 11, 2023

  1. Biden’s Department of the Interior announced a draft of the department’s Environmental Justice Strategic Plan. The plan calls for all DOI employees, including those responsible for permitting energy production on federal lands, to be “held accountable for advancing environmental justice.” The plan also calls for more of DOI’s resources to be used for the purposes of increasing employees’ ‘awareness and understanding of environmental justice” to be considered in all decision making.

November 17, 2023

  1. U.S. Senate Majority Leader Charles Schumer and 22 other Democratic senators recently wrote to the U.S. Federal Trade Commission (FTC), alleging that multi-billion dollar acquisitions by Exxon Mobil and Chevron would lead to reduced competition and higher prices for consumers and asking regulators to launch antitrust probes. Exxon has proposed buying Pioneer Natural Resources for $60 billion and Chevron agreed to acquire Hess for $53 billion. The letter clearly shows, however, that these politicians do not understand much about the U.S. oil market: its players and their contributions to the nation’s energy security. First, it is hard to understand how competition would be reduced when Exxon and Pioneer combined produce only about 5 percent of U.S. oil, which is just a fraction of the oil OPEC members control–approximately 80 percent of the world’s proven oil reserves. The United States has roughly 9,000 small independent oil producers that produce 83 percent of total U.S. oil production and 90 percent of total U.S. natural gas production. In Texas, there were more than 5,700 oil and gas producers operating in 2022.

December 1, 2023

  1. Buried within the Department of Interior’s extensive 200+ page proposal for updating the Fluid Mineral Leases and Leasing Process is a proposed rule that introduces a novel “preference criteria,” a potentially transformative mechanism that has garnered relatively little attention but could provide the Biden administration with an additional tool to impede responsible oil and natural gas development.  In essence, this would empower the Bureau of Land Management to integrate the “preference criteria” into its regulations governing oil and natural gas, enabling the BLM to preemptively exclude land parcels with “sensitive cultural, wildlife, and recreation resources” from potential leasing, even before conducting environmental analyses.

December 4, 2023

  1. EPA issues new methane rule.  EPA’s new rule requires frequent monitoring and repair of methane leaks at well sites, centralized production facilities, and compressor stations using established inspection technologies or, at an operator’s election, novel advanced detection technologies. Similarly, storage vessels at production facilities are regulated in largely the same manner under this final rule as existing VOC requirements. However, storage vessels that previously were unaffected by regulation, including both new and existing facilities, may now be subject to NSPS based upon updated definitions and the addition of a new applicability trigger. Finally, the rule aims to phase out venting and flaring of gas coming from oil wells.

December 8, 2023

  1. The Environmental Protection Agency (EPA) updated its estimate of the “social cost” of carbon dioxide—a contrived way of increasing the cost of everything made from or using hydrocarbon resources to vilify those projects and keep them from becoming economic. The new estimate nearly quadruples the estimated cost of carbon dioxide to the world that the Biden administration is currently using — a change that will result in stronger climate rules and more stringent regulations that will increase costs for consumers as the least expensive materials will now cost more when projects are being considered and their costs estimated. The change could affect everything from “tiny rules” such as those concerning vending machines to more significant regulations. It is the Biden administration’s way to justify its present position, which as President Biden said, is to “end fossil fuels.”

December 11, 2023

  1. The Interior Department announced new actions in support of “nature-based” solutions. The policy directs land managers and decision makers to use  guidance from “environmental justice and Indigenous Knowledge” to implement “nature-based” climate solutions into all operations on federal lands.

December 14, 2024

  1. The U.S. Treasury Department’s Office of the Comptroller of the Currency (OCC) carried out its first climate risk assessment of more than two dozen banks in recent months, laying the groundwork for heightened scrutiny of Wall Street’s accounting for climate change.  The climate risk assessment will limit financing opportunities for oil and gas projects.

January 5, 2024

  1. The Department of the Interior announces Deputy Assistant Secretary for Land and Minerals Management Steve Feldgus has been named Principal Deputy Assistant Secretary for Land and Minerals Management. Feldgus has been an outspoken opponent of domestic mineral production.

January 12, 2024

  1. The Biden administration revealed its strategy for implementing a new methane emissions fee targeting the oil and gas sector, aimed at accelerating efforts to curb the release of this potent greenhouse gas. This fee, reaching up to $1,500 per metric ton by 2026, was stipulated by Congress under the 2022 Inflation Reduction Act. However, crucial aspects such as the calculation method for charges and criteria for exemptions have been delegated to the EPA for determination.

January 26, 2024

  1. Biden halts permitting for new LNG export facilities.

January 31, 2024

  1. Interior halts New Mexico oil plan.

February 7, 2024

  1. A new round of political appointments at the Department of Energy places Alexandra Teitz in the office of the DOE’s general council. Teitz, a former Obama administration staffer, has written extensively about the federal government’s responsibility to prohibit the development of natural gas and oil on federal lands during her work with Climate 21.

February 9, 2024

  1. A new round of political appointments at the Department of the Interior places Maryam Hassanein in the office of the DOI’s Land and Minerals Management. Prior to joining the administration, Hassanein worked for the League of Conservation Voters, an extreme environmentalist organization that promotes stopping energy production on federal lands in the name of the “climate crisis” among other radical environmental positions.

February 14, 2024

  1. The Environmental Protection Agency recently finalized a new rule to reduce the level of particulate matter (PM) by updating the national air-quality standards. Particulate matter is made up of microscopic solid particles such as dirt, soot or smoke and liquid droplets in the air up to 2.5 microns in diameter — far smaller than a human hair. Particulate matter comes from a variety of sources including power plants, cars, dust, construction sites and wildfire smoke. The new rule will lower the annual standard to 9 micrograms per cubic meter from 12 micrograms per cubic meter established by the Obama Administration. The 24-hour standard which is meant to account for short-term spikes will remain at 35 micrograms per cubic meter. Since 2000, particulate matter has declined by 42 percent, even as the U.S. gross domestic product has increased by 52 percent.  The new rule does not impose controls on specific industries; it lowers the annual standard for fine particulate matter for overall air quality, leaving states to force industries to comply or close their doors. The EPA plans to take samples of air across the country starting this year through 2026 to identify counties and other areas that do not meet the new standard. It will also tweak its air monitoring network to better capture the air pollution that communities living near industrial infrastructure face. States would then have 18 months to develop compliance plans for those areas. States that do not meet the new standard by 2032 could face penalties. While the standard itself would not force polluters to shut down, the EPA and state regulators could use it as the basis for other rules that target specific sources such as diesel-fueled trucks, refineries and power plants.  Opponents indicate that it will hamper American manufacturing and eliminate jobs and could shut down power plants and/or refineries. EPA officials, however, did not estimate the employment impact of the new rule because of the variety of industries affected.  Industry groups like the American Forest & Paper Association, American Wood Council and the group’s member company CEOs sent a letter to the White House in October expressing their opposition to the rule, saying the move, “threatens U.S. competitiveness and modernization projects in the U.S. paper and wood products industry and in other manufacturing sectors across our country.” “This would severely undermine President Biden’s promise to grow and reshore U.S. manufacturing jobs, and ultimately make American manufacturing less competitive.” “It also would harm an industry that has been recognized as an important contributor to achieving the Administration’s carbon reduction goals, including in future procurement for federal buildings.”
  2. The Department of Energy announces its second annual equity action plan. Straying ever farther from the department’s statutory mission to “assist in the development of a coordinated national energy policy,” Secretary Granholm seeks to prioritize “environmental justice and inclusivity” in the agency’s rulemaking.  The plan complicates DOE procurement and R&D processes by introducing arbitrary political considerations.

March 6, 2024

  1. SEC approves climate disclosure rule forcing public companies to report their greenhouse gas emissions and climate risks.

March 7, 2024

  1. John Podesta starts his first day as Biden’s “global climate boss.”

March 11, 2024

  1. Biden attacks domestic oil and gas producers in his budget proposal to Congress, stating his desire to increase taxes on energy producers. DOI Secretary Deb Haaland says the budget proposal is a tool for advancing “environmental justice” through the department’s programing. The overtly hostile language and proposals add to the atmosphere of uncertainty for domestic producers potentially curtailing future investment.

March 13, 2024

  1. Michael Nedd, Deputy Director of Operations for the Bureau of Land Management, was promoted by the Biden administration to Deputy Director for Administration and Programs for BLM. Nedd recently testified before a Congressional hearing on Biden’s mismanagement of domestic oil and gas production, in which he told the committee the BLM must ensure “we transition to a clean energy economy” by limiting domestic energy production. In addition to overseeing the Bureau’s budget formulation, in this role Nedd will also help craft national policy and programs which will likely be influenced by his goal of eliminating the use of fossil fuels.

March 14, 2024

  1.  Oil and gas land auction cut by more than 3,000 acres in New Mexico amid concerns.  Federal officials cut a proposed public land auction for the oil and gas industry by 3,000 acres.

March 20, 2024

  1. Biden’s Bureau of Land Management adds additional roadblocks for oil and gas leasing on federal lands in Ohio adding additional time-consuming steps to its environmental impact study to further research the “magnitude of impacts from climate change at the global, national, or state scales,” that leasing could have.

March 28, 2024

  1. The Interior Department introduces final methane rule, teeing up a potential legal fight even as environmentalists say it is critical to addressing climate change.  The plan, which sets limits on emissions of the greenhouse gas on public lands, is being closely examined by oil and gas groups, which successfully axed a previous Bureau of Land Management methane rule in federal court for veering into air quality regulations overseen by EPA.  BLM says the rule will bring in $50 million per year in added natural gas revenue. It makes oil companies pay royalties on “wasted” methane and caps the amount of gas they can release or burn off due to lack of pipelines. It could also hamper drilling approvals for companies that don’t prove they can minimize releases of the gas, which has about 80 times the heat-trapping capability of carbon dioxide over a period of 20 years.
  2. The Biden administration introduces new ESA rules.  The Fish and Wildlife Service and NOAA Fisheries reimposed stricter Endangered Species Act rules Thursday that reverse some of the Trump administration’s most controversial environment-related initiatives.

March 29, 2024

  1. U.S. Environmental Protection Agency (EPA) announced a final rule, “Greenhouse Gas Emissions Standards for Heavy-Duty Vehicles – Phase 3,” that sets stronger standards to reduce greenhouse gas emissions from heavy-duty (HD) vehicles beginning in model year (MY) 2027. The new standards will be applicable to HD vocational vehicles (such as delivery trucks, refuse haulers, public utility trucks, transit, shuttle, school buses, etc.) and tractors (such as day cabs and sleeper cabs on tractor-trailer trucks) with the aim of decreasing and eventually eliminating demand for traditional fuels..

April 3, 2024

  1. The Biden administration bars new oil drilling and mining in Colorado’s Thompson Divide. The Biden administration finalized a 20-year ban on new oil and gas drilling and mining activity on 221,898 acres of federal lands within western Colorado’s Thompson Divide.

April 4, 2024

  1.  Biden’s Office of Surface Mining Reclamation and Enforcement rolls-back a Trump-era reform that made it more difficult for anti-energy activists to weaponize the Ten-Day Notice rule. The Biden administration’s changes gives their allies much more latitude to engage in regulatory activism and will make it more difficult for American energy producers to operate in an uncertain regulatory environment.

April 9, 2024

  1. The Department of the Treasury and Internal Revenue Service (IRS) issued two Notices of Proposed Rulemaking (proposed regulations) on the stock buyback or “repurchase” excise tax included in President Biden’s Inflation Reduction Act, a provision that will force corporations to pay more in taxes. One of the targets of this provision is America’s oil and gas producers who have used stock buy-backs effectively in the past.

April 11, 2024

  1. Biden Plans Sweeping Effort to Block Arctic Oil Drilling. The US set aside 23 million acres of Alaska’s North Slope to serve as an emergency oil supply a century ago. Now, President Joe Biden is moving to block oil and gas development across roughly half of it. The initiative, set to be finalized within days, marks one of the most sweeping efforts yet by Biden to limit oil and gas exploration on federal lands. It comes as he seeks to boost land conservation and fight climate change — and is campaigning for a second term on promises to do more of it.

April 12, 2024

  1. Biden finalizes new rules that further curtail oil and gas drilling.  Under the new policy, drilling is limited in wildlife and cultural areas and oil and gas companies will pay higher bonding rates to cover the cost of plugging abandoned oil and gas wells, among other higher rates and costs.
  2. Federal government begins review of Clean Water Act permitting program.  The review, while somewhat under the radar, is significant because changes to the permitting process could create a much stricter regulatory regime for constructing pipelines — and potentially impact gas production sites as well.

April 15, 2024

  1. The US Department of the Interior’s Bureau of Ocean Energy Management (BOEM) increased the financial assurances federal offshore oil and gas leaseholders must demonstrate in an effort to limit the number of abandoned wells in the Gulf of Mexico’s Outer Continental Shelf.

April 18, 2024

  1. Secretary Deb Haaland signed Public Land Order 7940, closing down  more than 4,200 acres of Bureau of Land Management-managed public lands in the Placitas area. The lands will be closed to new mining claims, mineral sales, and oil and gas leases for the next 50 years.
  2. The Department of the Interior announced a final rule to guide the management of America’s public lands. The Rule requires Bureau of Land Management (BLM) administrators to prioritize consideration of climate change and “Indigenous Knowledge” when engaged in decision making for public land usage.

April 19, 2024

  1. Biden restricts new oil and gas leasing on 13 million acres of Alaskan land. The Biden administration took action on Friday to restrict new oil and gas drilling on more than 13 million acres of land in the western Arctic region. The U.S. Department of Interior announced the publication of a final rule on Friday, limiting future oil and gas leasing and industrial development in the Teshekpuk Lake, Utukok Uplands, Colville River, Kasegaluk Lagoon, and Peard Bay Special Areas.
  2. The Biden administration rejected the Ambler road project to put a 211-mile road through largely wild areas of the Brooks Range foothills in Alaska. The road would provide access to the Ambler Mining District in northwestern Alaska. The area currently lacks the transportation infrastructure necessary for the development, construction, and operations of potential mines in the district. The Ambler Mining District is a large prospective copper-zinc mineral source with extensive deposits of critical minerals and other elements. The administration cited “Indigenous Knowledge” as one of the reasons the application was denied.

April 23, 2024

  1. The Biden administration finalized a new rule for public land management that will allow for conservation leases on government-owned properties, similar to leases for oil drilling, other types of extraction, grazing, etc.  The rule, which comes from the Interior Department’s Bureau of Land Management (BLM), will allow public property to be leased for conservation in the same way that oil companies lease land for drilling. The new rule also restricts oil and other extraction development by promoting the designation of more “areas of critical environmental concern,” which is a special status that is given to land the government stipulates has historic or cultural significance or that is important for wildlife conservation. This is a major change in policy and a departure from the “fair market value” laws applying to all other endeavors on public lands.
  2. The Biden administration appoints David Rosenkrance as the Assistant Director for the Energy, Minerals, and Realty Management Program. In this role, Rosenkrance has authority over BLM’s work on oil and gas, mining and minerals, and grants for rights-of-way associated energy development on public lands. The administration expects him to make decisions on “energy and minerals development while addressing climate change.” Rosenkrance has been given recognition for his work at BLM by the Public Lands Foundation, a non-governmental organization that advocates considering climate change impacts in BLM decision making.

April 29, 2024

  1. The Biden administration took unilateral action, by-passing congress, to change the federal permitting process for select infrastructure and energy projects. Noticeably absent from the change was any relief to oil and gas applicants who have been stymied under unprecedented wait times during Biden’s tenure.

May 6, 2024

  1. Biden’s EPA promulgates even more red tape for oil and gas companies by piling on more requirements for their Greenhouse Gas Reporting Program. The program, already one of the most stringent in the world, will come at a high cost to energy producers and consumers, who are already benefiting from the cleanest air in modern American history.

May 8, 2024

  1. Secretary of Energy Jennifer Granholm unilaterally promulgates the establishment of the United States-Turkey energy and climate dialogue. One of the main goals of the program is to discourage investment in oil & gas projects through influencing international financial institutions to “combat” climate change.

May 9, 2024

  1. Led by Biden proxies, the G7 reached a first-ever consensus commitment to phase out existing coal power generation in energy systems during the first half of the 2030s. The U.S. has 485 years of coal supply from proved reserves and 912 years from technically recoverable coal at 2022 consumption rates. Mandating a global phaseout of affordable, reliable, coal puts even more pressure on America’s energy industries.

March 12, 2024

  1. The Biden-Harris Administration announces their national strategy to “decarbonize” America’s freight truck fleet. America’s freight fleet plays a key role in domestic oil and gas production. Not only in transporting final products to consumers, but in moving industrial machinery to refineries and extraction sites. By discouraging reliable freighters and redirecting investment into less capable alternatives the administration is threatening the future stability of America’s producers.

EDITORS NOTE: This American Energy Alliance column is republished with permission. ©All rights reserved.

Abortion Extremism, Warfare, and More: Fact-Checking the First 2024 Presidential Debate

Presidents Joe Biden and Donald Trump faced off in Atlanta on Thursday night before an empty arena and two CNN moderators for what was billed as the first presidential debate of 2024. While a lackluster performance by Biden dominated headlines and sent Democrats’ tongues wagging about possibly replacing him at the head of the ticket, Biden embraced abortion-on-demand without limit and made a number of factually erroneous statements.

Roe v. Wade allows late-term abortion

The debate turned to abortion early, as CNN’s Dana Bash asked Biden, “Do you support any legal limits on how late a woman should be able to terminate a pregnancy?”

“I support Roe v. Wade, which had three trimesters,” said Biden. He then seemed to say Roe v. Wade allowed the state to protect life in the third trimester, without endorsing any specific pro-life protection.

“Under Roe v. Wade, you have late-term abortion,” retorted President Trump. “We don’t think that’s a good thing. We think it’s a radical thing. We think the Democrats are the radicals, not the Republicans.”

“They’re radical, because they will take the life of a child in the eighth month, the ninth month, and even after birth,” said Trump. Turning to Biden, he said, “He’s willing to, as we say, rip the baby out of the womb in the ninth month and kill the baby,” returning to a memorable line from his 2016 debate with Hillary Clinton.

“You’re lying,” insisted Biden, who slurred his words badly all night. “Roe v. Wade does not provide for that. That’s not the circumstance. Only woman’s life is in danger. She’s going to die. That’s the only circumstance which that can happen. But we are not for late-term abortion, period — period, period.”

However, Roe v. Wade merely allowed states to begin protecting life after the point of viability — originally set at 28 weeks, well into the third trimester. Its companion case — Doe v. Bolton, which was decided the same day — allowed abortion to protect the “health of the mother.” This included mental and emotional health, and sometimes financial circumstances, in effect allowing third-trimester abortions at any time.

Biden has endorsed the Women’s Health Protection Act, which goes far beyond the terms of Roe to strike down nearly every state and local pro-life law and ordinance. The Democratic Party platform endorses taxpayer-funded abortion throughout all nine months of pregnancy.

Biden went on to defend the intellectual integrity of Roe v. Wade, which held that abortion, while not explicitly mentioned in the Constitution, was protected by the emanation of a penumbra thereof. “The vast majority of constitutional scholars supported Roe,” said Biden. “This idea that they were all against it is just ridiculous.”

In fact, far-left Ruth Bader Ginsburg described Roe as “heavy-handed judicial intervention.” A former clerk to Justice Harry Blackmun, who wrote the Roe decision, said“Roe borders on the indefensible,” because “it has little connection to the constitutional right it purportedly interpreted. A constitutional right to privacy broad enough to include abortion has no meaningful foundation in constitutional text, history, or precedent.”

A pandemic of women being raped by their sisters?

In the same exchange, Biden said America needs abortion-on-demand, because “there’s a lot of young women who are being raped by their in-laws, by their spouses, brothers and sisters.” He did not explain how a woman’s sister could impregnate her. Rape accounts for approximately 1% of all abortions, with incest another 1%. While the law rightly punishes rape harshly, no legal code in the world considered being conceived by rape a capital crime for which the baby deserves the death penalty.

Ronald Reagan wanted abortion returned to the states?

Donald Trump also muddied the waters a bit while boasting of his role in returning the issue of abortion to the democratic process after 50 years of judicial diktats. “I put three great Supreme Court justices on the court, and they happened to vote in favor of killing Roe v. Wade and moving it back to the states,” he said of Neil Gorsuch, Brett Kavanaugh, and Amy Coney Barrett, all of whom ruled for the 2022 Dobbs decision. Yet Trump seemed to see state sovereignty over the issue as the primary focus of the pro-life movement.

“Ronald Reagan wanted it brought back” to the states, said Trump. In fact, President Reagan supported federal legislation to protect life incrementally, as well as a Human Life Amendment to the U.S. Constitution protecting all children from abortion. (Then-Senator Joe Biden voted in favor of the abortion-abolishing constitutional amendment in 1982.)

Trump also seemingly endorsed the Supreme Court’s recent decision not to challenge the FDA’s rushed and irregular approval of the abortion drug, mifepristone. “The Supreme Court just approved the abortion pill, and I agree with their decision to have done that, and I will not block it,” he said of FDA v. Alliance for Hippocratic Medicine. Abortion pills account for approximately two-thirds of all abortions nationwide, and climbing.

Trump added that he supported “the exceptions” to allow abortion in the cases of rape, incest, and to save the life of the mother. “Some people don’t,” Trump acknowledged. “Follow your heart.”

Inflation: Biden says he’s worried about the cost of groceries, gasoline, and housing

Biden spoke of his brief few years as a child in Scranton, Pennsylvania. “I come of household where the kitchen table — if things weren’t able to be met during the month, was a problem. Price of eggs, the price of gas, the price of housing, the price of a whole range of things,” he said in a disjointed speaking style that dominated the evening. During Biden’s presidency, groceries have risen 26%, eggs 85%, gasoline 46%, housing approximately 19%. Overall inflation is up approximately 20% since Biden took office.

When asked how he would respond to black Americans who do not feel they have gotten ahead fast enough, Biden replied, “I don’t blame them for being disappointed. Inflation is still hurting them badly.”

Biden accepted no blame for the situation, stating, “The combination of what I was left with and corporate greed are the reason why we’re in this problem right now.” Critics accurately predicted Biden’s extra COVID-19 stimulus when the economy was already rebounding, coupled with his $800 billion Inflation Reduction Act, would trigger inflation. Biden seemingly contracted himself later, acknowledging, “There was no inflation when I became president. You know why? The economy was flat on its back.”

Biden claimed he inherited “15% unemployment.” The unemployment rate in January 2021 was 6.3%.

Trump added Biden’s “big kill” on black economic fortunes is the open border. “They’re taking black jobs and they’re taking Hispanic jobs,” he said.

Trump increased taxes?

“This guy has increased your taxes.” Yet in the opening of the debate, Biden admitted, under President Trump, “we had the largest tax cut in American history, $2 trillion,” referring to the Tax Cuts and Jobs Act of 2017, which Trump wants to extend. “Now you want a new tax cut of $5 trillion over the next 10 years, which is going to fundamentally bankrupt the country,” Biden said.

“I said, nobody even making under $400,000 had a single penny increasing their taxes and it will not. And if I’m reelected, that’ll be the case again.” President Biden endorsed several budget proposals that would have raised taxes on those making less than $400,000, including increasing fees for gun registration and cigarette taxes, or reinstating Obamacare’s $695 penalty.

No U.S. soldiers died under Biden?

Joe Biden claimed the “truth is, I’m the only president this century, that doesn’t have any, this decade, that doesn’t have any troops dying anywhere in the world, like he did.” In reality, 13 U.S. soldiers died during a suicide bombing at the Hamid Karzai International Airport in Kabul after Biden ordered the withdrawal of U.S. soldiers from the war-torn nation. The withdrawal left sophisticated military equipment, and U.S. citizens, behind enemy lines. Biden attended the dignified transfer of the troops, where cameras caught him looking at his watch. In January, another three U.S. servicemen died in Jordan by a drone strike the administration pinned on an Iranian-backed militia.

Trump called Biden’s chaotic exit from Afghanistan “the most embarrassing moment in the history of our country.”

Trump wants to exit NATO?

“This a guy who wants to get out of NATO,” stated Biden. President Trump has never talked about exiting NATO, although he told foreign leaders, if they fail to meet their defense obligations, he would reconsider sending U.S. troops to their defense as required by Article 5.

Climate change “the only existential threat”

“The only existential threat to humanity is climate change,” said Biden. Yet decades of environmental warnings about impending global catastrophes have failed spectacularly. Trump said the real challenge to global stability is that the Biden administration has kicked off “wars that will never end,” such as Biden’s breaking up peace talks between Ukraine and Russia. “He will drive us into World War III, and we’re closer to World War III than anybody can imagine.”

Immigration: No terrorists crossed the border under Biden?

Biden seemingly denied the possibility of terrorists entering the open southern, and increasingly porous northern, borders, although his administration has documented monthly occurrences. “The only terrorist who has done anything crossing the border is one who came along and killed three under his administration, killed — an al-Qaeda person in his administration, killed,” said Biden. He later backtracked, saying, “I’m not saying no terrorist ever got through.”

The Biden administration’s U.S. Customs and Border Protection recorded encountering 316 people who are on the terror watchlist since last October, as well as 736 in 2023, 478 in 2022, and 173 in 2021.

“We had the safest border in history,” said Trump. “Now we have the worst border in history.”

An additional debate is scheduled for the fall, but after Biden’s meandering statements, it is unclear whether such a debate will take place — and, in a growing number of Democrats’ minds, whether he will be their nominee.

AUTHOR

Ben Johnson

Ben Johnson is senior reporter and editor at The Washington Stand.

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EDITORS NOTE: This Washington Stand column is republished with permission. All rights reserved. ©2024 Family Research Council.


The Washington Stand is Family Research Council’s outlet for news and commentary from a biblical worldview. The Washington Stand is based in Washington, D.C. and is published by FRC, whose mission is to advance faith, family, and freedom in public policy and the culture from a biblical worldview. We invite you to stand with us by partnering with FRC.

‘We Need A Businessman’: DNC’s ‘Calamari Comeback’ Chef Turns On Biden, Endorses Trump

A calamari chef who the Democrats put at the forefront of their convention in 2020 took to Fox News Monday to announce that he will be voting for presumptive 2024 Republican presidential nominee Donald Trump.

John Bordieri, the man who went viral as the “Calamari Comeback” chef featured by the Democratic National Convention (DNC), told “Fox and Friends First” co-host Carley Shimkus that he will support Trump in the 2024 election.

“He’s a businessman, and I think we need a businessman that can run the United States like a business and to help the people who live here create jobs, keeping lower prices, and see the whole bottom line work out for everybody,” Bordieri said.

“I just always believed business is business. And politicians? I don’t know…. I don’t wanna diss them or anything, but, you know, you always hear that they’re going to make up stories, and they’re gonna help you, and they’re gonna do this here, and they’re gonna do that for you,” he continued. “I think Donald Trump did an awful lot while he was in office, the four years that he was here.”

The Rhode Island chef expressed his sympathy toward young people who want to buy a home, saying that “over-inflated prices” and “high interest rates” will “crush them.”

“You see the prices going up on a weekly basis, sometimes a daily basis. You know, everything fluctuates, especially the commodities and stuff like the seafood and the dairy products and the stuff,” Bordieri told Shimkus. “I purchase weekly, daily, and I see the prices go up.”

Bordieri famously announced his support for Biden in a video featured by the DNC in 2020. The chef said restaurants and the fishing industry were “decimated” by the COVID-19 pandemic and that he will deliver a “Calamari Comeback.” He also praised former Democratic Rhode Island Gov. Gina Raimondo before declaring that Biden would be “the next president” of the United States.

Inflation peaked at 9% in 2022 under President Joe Biden, a dramatic surge from the 1.4% measured when Biden took office in Jan. 2021, according to the Consumer Price Index (CPI). The CPI measured inflation at 3.4% as of April 2024.

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JULIANNA FRIEMAN

Contributor.

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Big Abortion Defeated, Border Patrol Atrophying, and Hunter Biden’s ‘Perjury’: 5 Stories You Missed

With patriotic Americans preparing to commemorate the brave soldiers who sacrificed themselves in our nation’s battles — and the rest of America preparing to take a day off work — it became easier to miss news stories. But even if you gleaned the headlines like prospectors panning for gold, some stories went underreported in the last full week of May: Big Abortion suffered a setback at the ballot box; Border Patrol suffered (yet another) setback under Joe Biden; Hunter Biden suffered a setback from (allegedly) perjuring himself before Congress; the legacy media suffered a setback with viewers; and all Americans suffered rampant setbacks from inflation.

  1. Big Abortion’s Big Defeat

Nonpartisan state elections that take place in the middle of the year receive little media coverage — but the media made an exception this month, when a Georgia Supreme Court race briefly became a national bellwether for abortion. Then, as soon as the results came in, the media shrouded the results in studied silence.

Democrat and former five-term U.S. Congressman John Barrow decided he could win a seat on the Georgia Supreme Court by launching into an extended abortion monologue against Justice Andrew Pinson, who was appointed by Governor Brian Kemp (R) in 2022. Although three other high court justices ran unopposed, Barrow explained he specifically targeted Pinson because, as state solicitor general, Pinson defended Georgia’s heartbeat law — a pro-life protection shielding unborn babies from abortion once doctors can detect a fetal heartbeat, usually around six weeks.

During an interview with The Hill, Barrow summarized his candidacy with a triple-redundant mission statement: “I’m running for the Supreme Court of Georgia because I believe that women today have the same rights under the state constitution that they used to have under Roe vs. Wade, before it was overturned with the help of my opponent, and that’s why I’m running[,] and that’s why I’m running against him.”

No one had any doubt about the thrust of the campaign. Planned Parenthood and abortion lobbying groups endorsed him. “A state Supreme Court race in Georgia puts abortion on the ballot,” proclaimed MSNBC.

Barrow remained so committed to centering his entire campaign on abortion that, when the Georgia Judicial Qualifications Commission told him he was violating judicial ethics by announcing how he would vote on cases that had yet to come before him, Barrow sued to keep talking about abortion. (A judge dismissed the case.)

How did Barrow’s single-issue campaign come out? He lost by a 10-point spread: 55% Pinson vs. 45% Barrow.

The Southeast campaign director of the abortion lobby group Reproductive Freedom for All (formerly NARAL Pro-Choice America), Alicia Stallworth, pronounced the group “deeply disappointed” at the results. Christian conservatives celebrated. “The Democratic strategy of placing abortion at the center of the 2024 campaign utterly failed” last Tuesday in Georgia, said Ralph Reed, Faith & Freedom Coalition chairman and founder. Barrow’s loss “calls into question the entire Democratic strategy of eking out a victory by scaring suburban voters with abortion.”

The word sadly trickled out in local media. “Incumbent Georgia Justice Andrew Pinson defeats challenge from John Barrow focused on abortion rights,” stated Atlanta’s public broadcasting station WABE. “Justice Pinson wins court race that became referendum on abortion rights in Georgia,” reported Georgia Reporter, a publication of States Newsroom (a left-wing organization posing as a news organization, as we described earlier this month).

Curiously, that’s when the previously top-watched race fell off the national radar. The story made the national media thanks to Tim Carney of the Washington Examiner, who called Barrow’s defeat “perhaps the biggest electoral win for the pro-life cause since the fall of Roe v. Wade.”

It bears repeating: The narrative of the undefeatable abortion monologue had failed. Pro-life candidates should campaign accordingly.

  1. U.S. Border Patrol Has Lost One-Quarter of Its Agents during the Biden Administration

It’s no secret that illegal immigration — a simmering, slow-motion crisis that has been percolating for decades — has reached its worst extent thanks to the malign neglect of the Biden administration. Fewer stories have featured the morale-sapping impact his policies have on those who signed up to keep America’s borders secure.

One out of every four Border Patrol agents has left the agency since Joe Biden took office, a new review of the statistics has found. That’s an attrition rate far higher than his predecessors.

The Border Patrol employed 19,357 agents in fiscal year 2022.

During the Trump and Obama administrations, the agency lost an average of 996 agents a year — or 3,486 agents during a comparable 42-month period.

But since October 2020, the Border Patrol has lost a grand total of 4,281 agents: 3,665 in fiscal years 2020-2023, and 616 in the six months after the end of FY 2023 last October. That averages out to 1,222 agents annually in the Biden years.

Much of that atrophying came from experienced agents deciding they have had enough of Biden’s policies. Early retirements more than doubled during this period, from 257 a year (2014-2020) to 529 during this administration.

Biden lied that two Border Patrol agents in Del Rio, Texas, “whipped” illegal immigrants from Haiti who attempted to run past the agents into U.S. territory. “Those people will pay,” Biden vowed, before an investigation had formally taken place. As I explained at the time, “In reality, Border Patrol agents don’t carry whips, none of the photos showed their reins touching anybody, and agents would swing their reins to prevent people from getting hurt by their trampling horses.” The story proved as comprehensively false as any story can. The administration quietly dropped the case — but used the false story to prevent agents from patrolling the border on horseback. Competent agents decided they did not want to become the next one singled out for national humiliation by the president of the United States on the grounds of a baseless allegation.

Clearing out a federal agency of competent, dedicated civil servants accomplishes a dark, double policy goal for Biden: It removes agents who might pose administrative obstacles to his lax border policies and makes room to replace them with “diverse” new hires committed to his open borders agenda.

  1. Hunter Biden Committed Perjury?

It’s hardly news that the legacy media suppresses stories about Hunter Biden. Not only did major news outlets refuse to cover his laptop (after receiving a briefing from the intelligence community that such a story would be leaked by a foreign power), but they publicized a statement organized by Democratic officials from former intelligence agents insisting the whole thing smacked of perfidious Russian disinformation.

Well, they’re at it again.

The House Ways and Means Committee announced last Tuesday the release of more than 100 pages of obtained evidence from IRS whistleblowers that Hunter Biden may have committed perjury before Congress on February 28. Hunter Biden famously flouted his defiance of a congressional subpoena by storming out of a hearing and demanding a public interrogation, before retreating to the safety of a closed-door deposition.

The evidence shows that he lied under oath three times, House Republicans say. They say Hunter lied about a text he sent telling a Chinese official he and his father would use all their power against the company unless they received payment for services rendered. “I sent the text to the wrong Zhao,” said Hunter, claiming he texted a man who had nothing to do with the Chinese energy company and probably had no idea what the texts were about. The committee released WhatsApp records showing Biden contacted only one Zhao, named Raymond Zhao, whom he stayed in touch with for months. Zhao facilitated the release of $5 million from China to the Biden family.

They also say Hunter Biden fibbed when he claimed a shell company he set up with friend Devon Archer, Rosemont Seneca Bohai, was never “under my control nor affiliated with me.” The committee released a document signed by the president’s son stating, “I, Robert Hunter Biden, hereby certify that I am the duly elected, qualified and acting Secretary of Rosemont Seneca Bohai, LLC.”

Biden also denied trying to help any foreign business associates obtain a U.S. visa. “I’d never pick up the phone and call anybody for a visa,” he said under oath. The committee released an email from Devon Archer stating, “Hunter is checking with Miguel Aleman to see if he can provide cover to Kola on the visa.” The individual in question, “Kola,” is Nikolay Zlochevsky, CEO of Burisma.

“Lying during sworn testimony is a felony offense that the Department of Justice has prosecuted numerous individuals for in recent years, and the American people expect the same accountability for the son of the president of the United States,” said Rep. Jason Smith (R-Mo.), chairman of the powerful committee.

Curiously, this blockbuster revelation has made few headlines, as the media instead repeat the most salacious details of Donald Trump’s trials which, arguably, are not criminal. This jaundiced coverage may explain why …

  1. Americans Keep Fleeing the Legacy Media

After years of repeating the “Russia collusion” narrative and covering up “fiery but mostly peaceful” protests, the legacy media continue to lose readers and trust. Two former titans of the legacy media announced last week they have taken on water.

The most influential newspaper in the nation’s capital, The Washington Post, has officially lost half of its subscribers since 2020. The subscriber plunge cost the newspaper $77 million in revenue in just the last year. “To speak candidly: We are in a hole, and we have been for some time,” Post publisher Will Lewis told employees during a meeting last Wednesday.

But the Post has plans to turn around the slide by rolling out tiered membership plans, as well as (in the words of the Post), “launching a product focused on the relationship between the climate and the economy.” It’s not clear how that will help, since voters ranked “dealing with climate change” 18th out of 20 issues presented to them as the most important crises facing America in a Pew Research Center survey earlier this year. (“Strengthening the economy” came in number one.) “I hope in the future you see this day as a significant day in the history of our company,” Lewis told employees.

Good luck with that.

Readers are not just giving up on newspapers: They’re also turning off left-wing news outlets. During the week of May 13-19, CNN averaged the lowest viewership among its most coveted audience in 33 years. CNN averaged only 83,000 members of the “targeted demographic,” which consists of people between the ages of 25 and 54. That’s its lowest share since 1991. CNN won a total viewership of 494,000 — less than half of rival MSNBC and less than one-quarter of Fox News Channel’s two million total viewers. That comes after CNN lost $100 million in revenue in 2022.

The driving force of much legacy media also took a step backwards. The left-wing group Media Matters for America (MMFA) — founded by Hillary Clinton ally David Brock and funded by George Soros — created miniature media feeding frenzies by wrenching soundbites of conservative commentators out of context. The legacy media often did no original research before breathlessly repeating their press releases.

The turning point came last November, when Elon Musk took MMFA to court for defamation after the group claimed major advertisers’ slogans appeared next to Nazi and white supremacist symbols and slogans on the social media platform X. But it appears MMFA “researchers” simply created accounts that followed only the most offensive accounts and major corporations, until its feed artificed results that would never occur organically.

Facing the music, Media Matters announced mass layoffs last Thursday. “We’re confronting a legal assault on multiple fronts and given how rapidly the media landscape is shifting, we need to be extremely intentional about how we allocate resources in order to stay effective,” said MMFA President Angelo Carusone.

Apparently, there is a price to pay for churning out bad journalism.

  1. Inflation Is Canceling Many Summer Vacations

Memorial Day weekend marks the unofficial beginning of summer, but too many Americans cannot afford a family holiday this year thanks to Bidenomics.

A new survey released by Fox News last week found that 55% of Americans will not be taking a summer vacation this year — and 73% of those respondents say high prices and the poor economy make it impossible. A total of 72% of travelers say prices affected their decisions about taking a vacation. One told the Associated Press that the crime-riddled city of Philadelphia “was not our original destination, but we chose here because it was cheaper.”

At the same time, families are having a harder time having a staycation in their own homes, because home ownership has crept increasingly out of reach due to rampant Bidenflation. The figures tell the full story: The average person needs to earn 80% more today than in 2020 to buy a home — $47,000 more than in 2020 — yet average wages increased during that time only 23% in nominal terms. “In 2020, a household earning $59,000 annually could comfortably afford the monthly mortgage on a typical U.S. home,” explained Zillow. “Now, the roughly $106,500 needed to comfortably afford the mortgage payment on a typical home is well above what a typical U.S. household earns each year, estimated at about $81,000.”

Inflation does not just impact vacation plans: 86% of small businesses say “inflation has hurt their businesses in the past year,” according to a survey produced by Alignable. More than three out of four small business owners also cited “tax policies” (79%) and “regulations” (76%) as “major hurdles” to their success. “In particular, many said taxes are just too high,” reported Alignable, “especially since interest rates and inflation have reduced their cash on hand.”

The fact is, you aren’t being told about inflation, but you don’t need to be. You’re living it.

AUTHOR

Ben Johnson

Ben Johnson is senior reporter and editor at The Washington Stand.

EDITORS NOTE: This Washington Stand column is republished with permission. All rights reserved. ©2024 Family Research Council.


The Washington Stand is Family Research Council’s outlet for news and commentary from a biblical worldview. The Washington Stand is based in Washington, D.C. and is published by FRC, whose mission is to advance faith, family, and freedom in public policy and the culture from a biblical worldview. We invite you to stand with us by partnering with FRC.

Trump Announces First Rally In Dem Stronghold Since 2016

Presumptive 2024 Republican presidential nominee Donald Trump announced Friday that he will host his first campaign rally in New York since the 2016 election.

As President Joe Biden hemorrhages support across swing states and Democratic strongholds, Trump plans to whip up enthusiasm at Crotona Park in the South Bronx during a 6 p.m. campaign rally on May 23, according to a press release. This comes one week after the former president garnered a massive crowd of an estimated 80,000 to 100,000 people at a rally in Wildwood, New Jersey — another historically blue state.

“President Donald J. Trump, 45th President of the United States of America, will visit the Bronx, New York on Thursday, May 23, 2024, at 6:00PM EDT to highlight the horrendous effects Crooked Joe Biden’s disastrous presidency has had on our economy,” the press release states.

“New Yorkers have suffered greatly thanks to Biden’s failed policies. With prices in the Empire State up by 17.5 percent since Biden took office, New York families continue to suffer from high inflation on everyday goods. In fact, New Yorkers have spent $7,747 more on transportation, $3,542 more on energy, $3,637 more on food, and $3,921 more on shelter on average since January 2021 due to Bidenflation,” the announcement continued.

Trump’s announcement blamed “Biden’s and Democrats’ pro-criminal policies” for the “incomprehensible and devastating” surge in violent crime in New York City since 2019. He promised to “ease” economic hardship and “re-establish law and order” while “reversing” inflation and “ceasing” the influx of illegal migrants entering the U.S. if re-elected as president, according to the announcement.

POST ON X: BRONX, NY HAS WOKEN UP IN SUPPORT OF TRUMP!

Dozens of South Bronx residents marched in support of Trump on Saturday, video posted on social media shows. They held a banner that read “The South Bronx For Donald Trump” in uppercase letters as one supporter was seen waving an American flag. Signs reading “Black Lives MAGA” and “Black Patriots For Trump Rally” were also spotted at the event, video shows.

POST ON X: March for Trump this morning in the South Bronx.

Trump held a campaign rally in Albany, New York on April 11, 2016 at the Times Union Center.

Support for Trump has been picking up steam across key battleground states as voters who backed Biden in 2020 appear to have had a change of heart, according to the New York Times/Sienna survey released Monday. The outlet touched base with Biden defectors in Arizona, Georgia, Nevada, Wisconsin, Michigan and Pennsylvania who named inflation, foreign policy and illegal immigration as the reasons why they are considering voting for Trump instead this November.

Inflation sat at 1.4% when Biden was inaugurated in January 2021, peaking at 9.1% in June 2022. Additionally, the conflict between Ukraine and Russia unfurled on Biden’s watch in February 2022, followed by the Islamic terror attack against Israel by Hamas on Oct. 7, 2023. All of this transpired as illegal migrant crossings reach record highs under Biden, with more than 302,000 entering the U.S. in December 2023 alone — the most recorded in a single month, according to Customs and Border Protection (CBP) data.

AUTHOR

JULIANNA FRIEMAN

Contributor.

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A Bold Plan to End Inflation in America!

EDITORS NOTE: This Daily Caller column is republished with permission. ©All rights reserved.

A Bold Plan to End Inflation in America!

Wayne Allyn Root’s advice to President Trump


Trump supporter and savvy political analyst Wayne Allyn Root sees Javier Milei as a role model for Trump in his second term, since Milei turned around inflation in Argentina in just a few months.

How? By drastically cutting the primary cause of inflation: government spending!

Wayne’s plan for Trump:

Cut 15% of all government agencies except the military, on day one. Rinse and repeat in 6 months.

Say “You’re fired!” to 15% of government employees and bureaucrats on day one. Rinse and repeat in 6 months.

Eliminate two of the worst failures in our bloated federal bureaucracy: the Department of Energy and the Department of Education. (To which I’d add quite a few others…)

Say “You’re fired!” to the 86,000 new IRS agents, saving us $86 billion and lots of headaches for We the People.

And instead of welfare for illegal aliens, deportations.

Make us energy independent again by canceling all green energy hogwash regulations and championing “fossil fuels”—the cheap, reliable energy that made us so prosperous to begin with!

Read Wayne’s article and the learn rest of his great ideas here.


Recommended by Cherie Z’s Truth Be Told!


©2024. Cherie Zaslawsky. All rights reserved.

Bidenomics Inflate-and-Spend Policies Are Penny Bad, Pound Foolish

Under a metal standard, inflation is caused by bad pennies. Under the Biden standard, inflation is a bad penny, in that it keeps turning up. In fact, nearly two years after inflation peaked in the summer of 2022, the Bureau of Labor Statistics (BLS) reported Wednesday that inflation is still chugging along at nearly twice the Federal Reserve’s target rate. Not only does the Biden administration not understand inflation’s cumulative burden on workers and families, they don’t seem to understand the economic phenomenon at all.

According to BLS, the Consumer Price Index (CPI) increased 0.4% in March and the same percentage in February, for a 12-month increase of 3.5%. Excluding the volatile categories of food and energy, core inflation rose 0.4% in March, matching February and January, and rose 3.8% over the past 12 months. Costs continue to rise across the economy, from gasoline (1.7%) to transportation services (1.5%) to electricity (0.9%) to apparel (0.7%) to medical care services (0.6%). For families who already feel like they’re carrying an armload of bricks, March’s report just placed one more brick on top.

The government has two ways to respond to inflation. One way is monetary policy, primarily controlled by the Federal Reserve raising interest rates to combat inflation and lowering them to combat recessions. The other way is fiscal policy, or how much money the federal government collects and expends.

As Federal Reserve Chair Jerome Powell has “repeatedly insisted,” the Fed wants to keep price inflation at 2% annually — at least they do on paper. But economist Marc Goldwein observed that, “at our current pace, we’ll have 4%-4.5% inflation.” A third grader could explain that four is twice as much as two.

Despite its professed commitment to 2% inflation, the Federal Reserve has been reluctant to raise interest rates at all, and it has only done so slowly and gradually. The Fed was recently contemplating cuts to the interest rate as early as June, even though inflation had not yet returned to its 2% target.

Indeed, considering who first proclaimed the emperor’s nakedness, perhaps the Federal Reserve Board could learn wisdom from a third grader’s simplicity. “The CPI rebound is one more data point that the Fed’s monetary policy isn’t as tight as it claims,” argued The Wall Street Journal (WSJ). “Three months is more than a blip in the data.”

While the March inflation report wasn’t good, at least it may have forced the Fed to respond seriously. The WSJ suggested the ongoing prices hikes are “depriving [the Fed] of a credible justification for cutting rates.” An asset management strategist predicted to CNBC that “there is likely sufficient caution within the Fed … that a July cut may also be a stretch, by which point the US election will begin to intrude with Fed decision making.”

Speaking of the election, that decision point could be far more impactful to the other inflation-control level, fiscal policy. Voters have virtually no say over who runs the Federal Reserve, but they are directly responsible for choosing members of Congress and the occupant of the White House — those figures responsible for setting the nation’s fiscal policy.

Thus far, the vast majority of Americans are deeply frustrated about the cost of living. A recent WSJ poll of seven swing states found that 74% of voters thought inflation had moved in the wrong direction over the past year.

The White House has argued that “the only problem in the economy is consumer psychology,” noted the WSJ. “But if voters are downbeat about the economy, persistent inflation is a good reason. Price increases across the Biden Presidency are unlike anything Americans have seen in recent decades. They have been a particular shock for low-income and younger workers who haven’t accumulated a wealth cushion in the stock market or housing values.”

“It is not ‘the rich’ who are suffering in this economy; it’s everyone else,” declared National Review’s Charlie Cooke. “Grocery prices are up by more than 30 percent since 2020. The costs of new mortgages have skyrocketed, as have the costs of financing, insuring, and repairing a car.” Meanwhile, real average hourly wages are down 2.54% since January 2021, according to the WSJ.

The connection between the government’s disgraceful conduct and the disastrous consequences for average Americans is no secret. Inflation always occurs when there is too much money and not enough to spend it on. When the federal government runs a deficit, it effectively dumps extra money into circulation (even if the debt must be paid back later). When the federal government runs an obscenely large deficit, it can spark an inflationary cycle. That is exactly what happened when Congress went on a spending spree during COVID — a spree which has never stopped.

“The problem is the federal government ran a $2 trillion deficit last year, is set to run a similarly large deficit this year, and if Biden gets what he wants, it will run a $1.8 trillion deficit next year,” noted economic analyst Dominic Pino. The U.S. government is currently running a deficit equivalent to about 7% of national GDP — far more than other countries — without either a war or a recession to justify it,” Pino complained. “One really big thing that could help prevent these ugly situations is for the federal government to stop spending so much money that it doesn’t have.”

As a result of Washington’s reckless debt guzzling, “the Fed alone won’t be able to cure our sustained inflation,” argued National Review’s Veronique De Rugy. Extinguishing this inflationary blaze will take two committed parties who are hooked up to a hydrant. The Fed’s firehose cannot put out the fire until Congress and the president put down the flamethrower.

President Joe Biden paid lip service to this responsibility on Wednesday when he reacted to the BLS report with the claim, “Fighting inflation remains my top economic priority.”

“Who is he kidding?” retorted the WSJ editors. “His real priority is to keep the government and consumer spending spigot wide open with subsidies galore for electronic vehicles, student-loan write-offs and social welfare. His other main priority is using regulation to put government in control of more of the economy. None of this restrains prices.”

Biden attempted to preempt the obvious rebuttal. “I have a plan to lower costs for housing — by building and renovating more than two million homes — and I’m calling on corporations including grocery retailers to use record profits to reduce prices,” he declared. “My agenda is lowering costs for prescription drugs, health care, student debt, and hidden junk fees.”

Fear not, troubled householder! Lord Biden has heard your cries for price relief and has demonstrated his unparalleled knowledge of economics by demanding that prices be lower. Gape awestruck at his superior insight and bend a thankful knee.

Pino skewered “any sector-specific efforts to fight inflation” as “a game of economic Whack-a-Mole.” Since the fundamental “problem is too much money chasing too few goods,” he explained, “if you scare some of the money away from one category of goods, it will scurry to another category.” Thus, he predicted that “inflation will likely show up in seemingly random places” from month to month.

There are two methods to make a large float lie on the bottom of a pool. The first method is to simultaneously press down on every inch as it tries to rise to the surface. The second method is to drain the pool. Biden is not only trying the first method, but is also continuing to fill the pool.

A clever reader may object that Congress has at least as much control over fiscal policy as the president, as Congress is the organ of government responsible for raising the debt limit, authorizing spending, passing a budget (or, in lieu of a budget, a pork omnibus), and passing any other spending bills. Under normal circumstances — and under the Constitution — I would agree.

It’s true that Congress has failed — and has been failing — at its stewardship of taxpayer dollars (or, more accurately, the dollars future taxpayers have not yet earned).

However, it’s also true that Biden keeps trying to incur other costs not authorized by Congress. President Biden on Friday announced new plans to cancel student loans, something the Supreme Court already ruled he lacked the authority to do. In a lawsuit filed Monday that challenges Biden’s new student loan forgiveness scheme, seven state attorneys general argued the plan — which would cost $475 billion across 10 years — “is only the most recent instance in a long but troubling pattern of the President relying on innocuous language from decades-old statutes to impose drastic, costly policy changes on the American people without their consent.”

In exchange, Biden offered to target junk fees and build some houses. (By the time the federal government finishes “building and renovating more than 2 million homes” at the speed of a sloth in syrup, they’ll likely have to admit those units are barely sufficient to house the more than 2.3 million migrants who have illegally entered the country under Biden’s watch.) But forget about Biden lobbing inflation grenades into a crowded concourse; concentrate instead on how he personally supplied every member of the crowd with rubber gloves to shield themselves.

In November, the public will get their first direct opportunity to grade Biden’s performance as the nation’s chief executive, as well as the disgraceful conduct of other government officials who pretend to be in charge of fiscal policy. How will they rate them? “Americans, history shows us, will forgive a president who is obliged to fight inflation with higher interest rates,” Cooke granted, “unless, of course, he is the same president who is blamed for the inflation in the first place.”

Monetary policy and fiscal policy work like tongs. Between them, they can take hold of inflation — so long as both prongs contract. Getting inflation under control requires draining off all the excess money through higher interest rates — and then not adding more through deficit spending. But this plan would require a measure of fiscal discipline not seen in Washington — or the Fed — for decades.

Judging by the history of other nations, governments who embark on a debt-fueled vote-buying binge rarely restrain themselves until they crash off a fiscal cliff. Will American voters force our elected officials to be wiser?

We may learn the answer in November. For now, the Biden administration’s plan to combat inflation is to place trash cans under every drip from the ceiling, but never fix the leaky roof.

AUTHOR

Joshua Arnold

Joshua Arnold is a senior writer at The Washington Stand.

RELATED ARTICLE: GOP Senator Demands Biden Admin Review Chinese Communist-Linked Firm Planning Midwest Factory

EDITORS NOTE: This Washington Stand column is republished with permission. All rights reserved. ©2024 Family Research Council.


The Washington Stand is Family Research Council’s outlet for news and commentary from a biblical worldview. The Washington Stand is based in Washington, D.C. and is published by FRC, whose mission is to advance faith, family, and freedom in public policy and the culture from a biblical worldview. We invite you to stand with us by partnering with FRC.

Biden Reportedly Has No Plans To Address Inflation With Policy Changes Before Election

President Joe Biden reportedly has no plans to address inflation with policy changes ahead of the 2024 election, officials told the Wall Street Journal (WSJ).

The issue of inflation and how the Biden administration will address it has resurfaced after the consumer-price index (CPI) increased to 3.5% in March, a figure that is higher than what was anticipated, according to the WSJ. While the White House issued a statement touting how the administration has done “more to do to lower costs for hardworking families,” the president and his aides are reportedly not planning to make any policy changes to address the rising issue, officials told the WSJ.

Instead, the White House is reportedly planning to continue to tout the president’s efforts to lower prescription drug prices and house costs, the WSJ reported.

“Our agenda to lower costs on behalf of working families is as urgent today as it was yesterday,” Jared Bernstein, the chair of the White House Council of Economic Advisers, told the WSJ. “We’re just going to keep our heads down and continue fighting to lower costs.”

As the 2024 presidential election inches closer, the president and his allies have abandoned the use of “Bidenomics,” the branding coined to promote Biden’s economic policies, according to an Axios analysis. The president has not used the term “Bidenomics” since Jan. 25 aside from a speech he gave in North Carolina in March, Axios reported.

Democrats and other allies of the president reportedly once urged the White House to tone down its use of the term, with some fearing that the branding wasn’t hitting with the American people, Politico reported.

“With all due respect to the president, to the White House, this is not so much about them as it is the people who are benefiting by the policies that they came out and demanded,” Democratic Nevada Rep. Steven Horsford told the outlet. “We have to do a better job framing this not so much for one person — for the office of the presidency — but for the people.”

The White House reportedly was shown data on how the American people received the term, according to Politico in 2023.

“I don’t like it, either,” Democratic South Carolina Rep. James Clyburn, previously said about the use of “Bidenomics.”

The president’s former chief of staff Robert Klain reportedly voiced his frustrations with the White House communication strategy, according to audio exclusively obtained by Politico. Klain reportedly argued that the president needed to spend less time focusing on infrastructure projects and more time talking about the economy, Politico reported.

“I think the president is out there too much talking about bridges,” Klain said, according to Politico. “He does two or three events a week where he’s cutting a ribbon on a bridge. And here’s a bridge. Like, I tell you, if you go into the grocery store, you go to the grocery store and, you know, eggs and milk are expensive, the fact that there’s a fucking bridge is not [inaudible].”

Klain then added that he thought there was some benefit to touting infrastructure projects, though he was generally skeptical.

“He’s not a congressman. He’s not running for Congress,” said Klain. “I think it’s kind of a fool’s errand. I think that [it] also doesn’t get covered that much because, look, it’s a fucking bridge. Like it’s a bridge, and how interesting is the bridge? It’s a little interesting but it’s not a lot interesting.”

AUTHOR

REAGAN REESE

White House correspondent. Follow Reagan on Twitter.

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EDITORS NOTE: This Daily Caller column is republished with permission. ©All rights reserved.

Survey Says: Biden Weaponizing Government to Jail Political Opponent

New polling is suggesting that a majority of the nation believes President Joe Biden is trying to win reelection by jailing his opponent. According to a survey from McLaughlin and Associates, almost 70% of American voters agree that the multiple indictments against former President Donald Trump are politically motivated, with half of all voters saying politics has played a “major” role in the lawfare campaign against the Republican presidential candidate.

Nearly 60% of voters also believe that Biden has played a role in the Trump indictments, including almost 40% of Democrats. Over half (52%) of voters said they believe that the lawfare campaign against Trump is intended to keep him from running for president, and 56% of voters — including a third of Democrats — said they believe that “Joe Biden wants to stop President Trump from winning the election by putting him in jail…”

Another 56% of voters agreed — including 41% who “strongly” agreed — that Biden’s Justice Department has been weaponized and employs double standards, unfairly targeting Republicans and conservatives while offering “sweetheart deals to Joe Biden and his family members when the evidence shows Joe Biden and his family have failed to pay their taxes, taken bribes and extorted money from our enemies such as the Communist Chinese and Russia…” Nearly 60% of voters agreed that Biden’s Justice Department should not be “interfering with the upcoming presidential election” by targeting Trump and should instead “let the voters decide who the next president should be.”

This month’s Harvard CAPS/Harris poll showed similar results, with 57% of voters agreeing that “the Democrats today are engaged in lawfare — a campaign using the government and the legal system in biased ways to take out a political opponent…” Fifty-four percent said that the Trump indictments are politically motivated and 53% said that they don’t think Trump will be convicted. Additionally, 54% of voters said that they would back Trump for president even if a jury convicted him “of crimes related to his handling of classified presidential documents.” This is up four points from last month, after U.S. Special Prosecutor Robert Hur declined to prosecute Biden for the same crime that Trump allegedly committed.

Both polls also found that Biden’s popularity is continuing to flounder. Biden’s job approval rating is hovering in the low-to-mid 40s, having remained below 50% since August of 2021. Biden’s economic policies are also still negatively impacting Americans. According to McLaughlin and Associates, inflation is the single most important issue to Americans (23%), though immigration is second place (14%). Inflation is also of major concern (33%) according to the Harvard/Harris poll, but takes second place to immigration (36%), although respondents did say that inflation has impacted them personally the most. Over 70% of voters also said that inflation is “here to stay.”

Additionally, both polls predicted Trump beating Biden in November, though by a relatively narrow margin. Trump has a six-point lead over Biden according to McLaughlin and Associates and a three-point lead according to Harvard/Harris, with nearly 10% undecided in both instances. When Harvard/Harris pollsters asked undecided voters which way they lean, the margin narrowed, with Trump beating Biden 51% to 49%. This represents a two-point decrease in support for Trump since last month and an increase for Biden.

Over the past few months, polling has almost unanimously predicted Trump defeating Biden in November, though by varying margins. A spate of surveys released since early this year have shown Trump leading Biden, significantly among Independent voters, and a recent series of polls from Emerson College/The Hill show Trump leading Biden in battleground states: Arizona, Georgia, Michigan, Nevada, Pennsylvania, and Wisconsin.

AUTHOR

S.A. McCarthy

S.A. McCarthy serves as a news writer at The Washington Stand.

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EDITORS NOTE: This Washington Stand column is republished with permission. All rights reserved. ©2024 Family Research Council.


The Washington Stand is Family Research Council’s outlet for news and commentary from a biblical worldview. The Washington Stand is based in Washington, D.C. and is published by FRC, whose mission is to advance faith, family, and freedom in public policy and the culture from a biblical worldview. We invite you to stand with us by partnering with FRC.