CPI’s Weekly Compass for November 27, 2017

CPI Staff — Wednesday, November 29, 2017

Here are the top stories conservatives are following this week:

What’s Really Happening

Trump presses on tax reform as Senate faces end-of-the-year showdown:
President Trump advocated strongly for the Senate tax reform package this week: “Senate Republicans think President Trump is playing a constructive role in the tax debate and are optimistic about their chances of winning a big legislative victory. Trump flexed his muscle as an advocate on Capitol Hill Tuesday when he took on Sen. Ron Johnson (R-Wis.) during a private meeting after Johnson threatened the day before to vote against the tax bill… The message got through to Johnson and Corker, who were threatening to vote against the tax bill in the Senate Budget Committee. Both senators voted ‘yes,’ allowing it to pass the panel by a single vote and giving it crucial momentum.”

Passage is still not assured as Senate Leader McConnell compared his job of securing 50 votes to solving a Rubik’s Cube. Yet, even if taxes pass the Senate this week, more fights loom this December as Democrats threaten to shut down the government over spending and amnesty demands:

Trump said the Democrats ‘want illegal immigrants flooding into our Country unchecked, are weak on Crime and want to substantially RAISE Taxes.’ Pelosi and Schumer shot back in a joint statement, saying they felt ‘the best path forward is to continue negotiating with our Republican counterparts in Congress instead.’ The canceled meeting and escalating rhetoric between the two sides complicated efforts to strike a deal. Government funding is set to expire on Dec. 8, though lawmakers have floated proposing a short-term stopgap measure to extend negotiations.

Conservatives have sounded a warning to Republican leaders not to cave to Democrat demands:

A letter released Monday and signed by 44 conservative leaders explains that Virginia is ‘in ruins’ after Republican losses at both the statewide and local level earlier this month. The leaders warn that the Republican majority in the House could be in jeopardy next. ‘Your consultants and managers are out of excuses—and your conservative grassroots are running out of both patience and time,” the letter states. “So stop panicking and start legislating.’
Trump’s strong actions against lawless CFPB a model for other agencies:

Trump acted swiftly this week to take control of CFPB and the courts backed him up. Rachel Bovard writes on how to build on this success:

“According to OMB, independent agencies have increased their output of major rules from just 10 in 2007 to 23 in 2012. As the data primarily relies on agency self-reporting, this is likely a low estimate. To his credit, President Trump has taken an aggressive approach to reining in the excess of the regulatory state. More than any of his recent predecessors, he is responsible for reducing burdensome regulations and emphasizing restraint on new regulations promulgated under his administration.

“But as the rumpus over at CFPB suggests, the bureaucracy fights back. When Trump is vindicated in court, as he is likely to be, he should be encouraged to further curtail the authority of independent agencies to assert their will on an unsuspecting public without critical oversight.”
Policy Perspectives

For an overview of publications on tax reform from across the conservative movement, don’t miss CPI’s Tax Policy Roundup.

Notable Events

*Full list of all major conservative conferences around the country in 2017-2018 available at CPI’s blog.

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