Consider next the opportunity costs of Congress’ failure to pass a drug pricing reform bill. Democrats and Republicans in the Senate have worked closely together on an issue that matters a great deal to American families: lowering prescription drug prices.
They have crafted a bill (S. 2543) that would significantly improve the Medicare Part D program, hold drug companies far more accountable and save federal taxpayers billions of dollars.
Unfortunately, this transformative bill is not progressing because the House is focusing far more on partisan investigating than bipartisan legislating.
Of course, senior citizens are bearing a highly disproportionate share of this particular impeachment burden.
Now how about the lost opportunities associated with
the failure to rebuild our decaying roads, bridges, airports and other critical infrastructure? President Trump’s 10-year, $1.5 trillion infrastructure investment program would raise real gross domestic product by as much as 2 percent over the next decade and increase real output by more than $1 trillion, with the higher output recouping some $200 billion in added federal tax revenue.
Meanwhile, Russia and China continue to reshape their militaries in manners that are designed to threaten America’s leadership in space. On a bipartisan basis, the House, Senate and national security experts have agreed that the military must counter these threats.
The
United States Space Force, the proposed sixth branch of the armed forces, is an affordable and effective means to protect and defend the nation’s interests in space. Yet Congress is so paralyzed that it may fail to enact a defense authorization bill for the first time in nearly 60 years.
A distracted and divided House has also f
ailed to pass a budget for the 2020 fiscal year. Instead, Congress just keeps kicking the budget can down the road with short-term spending bills known as continuing resolutions.
The American public understands intuitively that the impeachment circus launched by
Pelosi and House Intelligence Committee Chairman Adam Schiff, D-Calif., is not just a partisan witch hunt. It is also a profound waste of time.
Passing USMCA, lowering prescription drug prices, modernizing our infrastructure, launching a Space Force, and tending to the people’s business will lead to more opportunity, more economic growth, and better choices for farmers, workers, families, and communities.
It long past time for the
Pelosi-Schiff impeachment circus to slink out of town and let the 116th Congress finally get to work on behalf of the American people.
https://www.foxnews.com/opinion/pet...inquiry-blocking-important-action-in-congress
America’s defense-industrial base is being hit particularly hard by congressional addiction to short-term budget fixes. Exhibit A is our nation’s shipbuilding industry.
Shipbuilding is a long lead-time and capital-intensive industry that depends on stable and predictable funding. According to the Shipbuilders Council of America, 94 percent of its members will have to halt hiring if the government continues to operate under a continuing resolution.
