Today’s Brew 6-21-14

Larry Kudlow in today’s Investor’s Business Daily: Steve Scalise: A Strong Right Hand On Whip In The House. Kudlow was able to sit down and talk with Scalise, and this is part of Kudlow’s assessment of the new right hand man for Majority Leader Kevin McCarthy:

Scalise also emphasized that he is completely against the redistributionist policies coming out of the White House, especially the minimum-wage hike, which he believes would do more harm than good.

After speaking with Scalise, I don’t think there is any question he is a Laffer-curve disciple who clearly understands the link between low tax rates and high economic growth. And when I asked him about corporate tax reform, he told me he’d like to eliminate the corporate tax altogether. Definitely my kind of guy.

Scalise also favors strict federal-government spending limits and opposes the Senate’s plan for a gas-tax hike. “The states should have much more responsibility for infrastructure building,” he said. “In fact, the existing Highway Trust Fund should be put back to the states where they can make their own priorities and take full responsibility.”

Larry Kudlow Investor's Business Daily