An Ugly Regulatory Bill

We sent the following letter to all members of the U.S. House today. If you are a House staffer, please note the BOLD text at the bottom of the letter. Dear Representative, Club for Growth strongly opposes HR 5546, the misnamed "Credit Card Fair Fee Act of 2008." The legislation proposes price controls that would harm consumers, hurt economic growth, and stifle innovation. The bill's innocuous sounding title hides an ugly reality -- establishment of a new all-powerful bureaucracy inside the