A new measure introduced by a group of House Republicans seeks to prohibit U.S. funding of the World Economic Forum.
A handful of House Republicans have proposed a bill that would prohibit American tax dollars from funding the World Economic Forum (WEF) while criticizing the transnational organization and its goals as misguided, elitist, and “anti-American.”
Called the Defund Davos Act, the measure would prohibit any funds available to the U.S. Department of State, the United States Agency for International Development—or any other department or agency for that matter—from providing funding for the WEF, according to a Jan. 19 press release.
“Forcing American Taxpayers to fund annual ski trips for insular, global elitists is absurd—not to mention reprehensible,” Rep. Scott Perry (R-Pa.), one of the bill’s sponsors, said in a statement. “The World Economic Forum doesn’t deserve one cent of American funding, and it’s past time we defund Davos.”
Joining Mr. Perry in co-sponsoring the measure are Reps. Tom Tiffany (R-Wis.), Paul Gosar (R-Az.), Diana Harshbarger (R-Tenn.), Andy Ogles (R-Tenn.), and Matt Rosendale (R-Mt.).
“The Defund Davos Act would ensure that U.S. tax dollars are not funding the World Economic Forum and their reset on our way of life,” Mr. Tiffany said in a statement.
The “reset” is an apparent reference to a set of ideas advanced by WEF founder and executive chairman Klaus Schwab in a book he co-authored called “The Great Reset,” which he summarized in an op-ed as a globally co-ordinated effort to “revamp all aspects of our societies and economies” in which every country, including the United States, “must participate.”
The Great Reset
Mr. Schwab described the Great Reset agenda as having three main parts: one is to “steer the market toward fairer outcomes,” including by withdrawing support for fossil fuels and possibly imposing wealth taxes.
The second part of the agenda, per Mr. Schwab, is for measures to ensure that investment is channeled to the achievement of “shared goals, such as equality and sustainability,” including in “green” infrastructure, while creating a carrot-and-stick system of incentives to force industries to meet environmental, social, and governance (ESG) metrics.
The third part of the Great Reset agenda would be to “harness the innovations of the Fourth Industrial Revolution,” such as artificial intelligence to “support the public good” and address health and social challenges by, for instance, creating mechanisms for tracing infections or tracking vaccination status.
By Tom Ozimek
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