Yesterday my high school sweetheart, the love of my life for over 35 years, the loving mother of our 4 children, the smartest kindest woman I ever knew, my beautiful and wise queen forever, Rhonda went to Heaven. Thank you for your prayers for our family in this difficult time.
She was valedictorian at our high school where we went to the Prom together, accepted at MIT and Harvard, earned a Mechanical Engineering degree from MIT, and devoted her life to our family.
We spent last week touring Mt Rainier with our grandson - she was the best mammaw ever! We love you Rhonda.
Thank you @anncormican for reminding me of this rare recording of Rhonda singing (on YouTube). I loved her singing voice and she tolerated my out-of-time swarping at a banjo. This was Mike Maggard’s #nothinfancyfarm liberty event, August 28, 2011.
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First graph shows the deficit impact of BBB passing vs a baseline of doing nothing. The BBB adds $500 billion to the deficit each year for the next three years and never lowers the deficit, compared to letting 2017 TCJA (tax cuts) expire.
Second graph: “But wait, we will get some additional tax revenue due to a booming economy that booms every year for ten years! Include that in the graph.”
Ok, this one just adds $400 billion to the deficit every year for the next three years. Two elections from now, it looks OK!
Third graph: “Wait, we should have known 2017 tax cuts would be made permanent in 2025, so don’t count their cost! Um, but do count tips, overtime, and seniors tax cuts toward deficit and say they expire in 3 years!”
This gimmickry still adds billions to deficit for next 3 yrs.
🧵Key Takeaways: The January 6 pipe bombs played a role in diverting resources and facilitating the breach of the Capitol.
🧵Our report details, “[d]espite the threat the pipe bombs posed to Congress and the public…federal law enforcement has refused to provide substantive updates to Congress about the status of the investigation.”
🧵 Last night Trump endorsed the idea of eliminating the Department of Education!
On February 7th, 2017, the US Senate confirmed Betsy DeVos as Trump’s Secretary of Education.
Purposefully, on that same day, I introduced HR 899, a bill to terminate the Department of Education.
🧵 I remember meeting Betsy DeVos for the first time at the White House Christmas party and that uncomfortable moment when I told her I was trying to eliminate her department.
To my surprise she quietly agreed.
She said publicly this week she would eliminate the department!
🧵 I have reintroduced this bill each Congress, and I have taken care that it is always designated as HR 899.
Many people like that my bill is only one sentence long. No beating around the bush.
Americans are suffering under crippling inflation, and the Federal Reserve is largely to blame.
During COVID, the Federal Reserve created trillions of dollars out of thin air and loaned it to the Treasury Department to enable unprecedented deficit spending.
🧵 By monetizing the debt, the Fed devalued the dollar and enabled free money policies that caused the high inflation we see today.
Monetizing debt is a closely coordinated effort between the White House, the Fed, Treasury Department, Congress, Big Banks, and Wall Street.
🧵 Americans see their savings and wages evaporate due to the actions of our central bank pursuing inflationary policies that benefit the wealthy and connected.
If we really want to reduce inflation, the most effective policy is to end the Federal Reserve
🧵 At the time of that breakfast with Scalia, John Boehner was Speaker of the House and Barack Obama was President.
There was concern that Obama was doing things we hadn’t authorized and Boehner had convinced most of my GOP colleagues there wasn’t anything we could do about it.
🧵 Scalia finished his breakfast and began to speak. He started by saying that being a referee between us and the executive branch was not his job.
He explained that his job as a jurist was to determine if there was harm and what the remedy might be.
🧵 Occasionally, constitutionality of a law was a question, but only as a side effect of Scalia’s job, which was to determine if someone had been harmed and what the remedy was.
He was adamant that his job was not to referee disagreements between the executive & the legislature.