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This week Democrats in both chambers moved quickly to give preliminary approval to a $1.9 trillion budget-busting spending package. Even more alarming, the special parliamentary mechanism used to fast-track this expensive bill may also be used to attach a sprawling list of outside-the-mainstream proposals wholly unrelated to pandemic relief – including amnesty for illegal immigrants and a job-killing plan to more than double the minimum wage even as many small businesses are reeling from lockdowns. This process is called “budget reconciliation,” and it allows the majority party to sidestep the filibuster rule to pass budget-related legislation with just 50 votes in the U.S. Senate (rather than the normally required 60). Using this process for non-budget related legislation would be unprecedented, and according to analysts, “would shatter conventional understandings of the budget reconciliation process.” You can read more about that here.

Dear Friend, This week we saw the inauguration of Joe Biden as America’s 46th president, and the end of President Trump’s term. Over the last four years we have seen a lot of big steps taken to move our country forward. President Trump’s policies resulted in the creation of some 7 million new jobs prior to the outbreak of the Wuhan Coronavirus in Communist China last March. Middle class families saw thousands of dollars in additional income, sweeping tax and regulatory changes that expanded opportunity for small businesses and record low jobless rates – including for women, African-Americans, Asian-Americans and Latinos. President Trump also delivered relief for millions of Americans struggling under the overbearing restrictions imposed by Obamacare – rescinding the “individual mandate.”

Dear Friend, We at The Telegram hope you had a Merry Christmas and are enjoying a safe and healthy 2021. Since our last installment, Congress passed a record-breaking spending bill, imposed a partisan new set of rules in the House of Representatives designed to restrict open debate and stifle the voice of the minority party. Congress also completed the electoral certification after debating several objections to slates of electors in states where we saw election irregularities.

Dear Friend, This week we saw more encouraging news as the U.S. economy roared back from state and local lockdowns posting an unprecedented 33 percent expansion, the largest quarterly growth figure posted since 1947 when the U.S. began keeping track. This growth is a testament to the work ethic and ingenuity of Americans, and to the sound economic foundation of regulatory reform and low taxes put in place by President Trump. This is the second time that President Trump has led the country through economic difficulty since taking office – despite Speaker Pelosi holding up more than $130 billion in additional Paycheck Protection Program funds that could further assist struggling small businesses.