Tag: build-back-better

Elon Musk Continues Insulting Biden Admin’s EV Tax Credit Scheme

<img data-attachment-id="1780350" data-permalink="https://www.thetruthaboutcars.com/2021/12/elon-musk-continues-selling-tesla-shares/newyorkunitedstatesaugust2021spacexfouderelon/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2021/12/shutterstock_2067380387.jpg" data-orig-size="1000,667" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"Shutterstock","camera":"","caption":"","created_timestamp":"0","copyright":"Copyright (c) 2021 Naresh111\/Shutterstock. No use without permission.","focal_length":"0","iso":"0","shutter_speed":"0","title":"New,York,,United,States,,August,2021,,Space,X,Fouder,Elon","orientation":"1"}" data-image-title="Elon Musk 2021 New,York,,United,States,,August,2021,,Space,X,Fouder,Elon" data-image-description=" Naresh111/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2021/12/shutterstock_2067380387-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2021/12/shutterstock_2067380387-610×407.jpg” class=”aligncenter size-large wp-image-1780350″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2021/12/shutterstock_2067380387-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2021/12/shutterstock_2067380387-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2021/12/shutterstock_2067380387-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2021/12/shutterstock_2067380387-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2021/12/shutterstock_2067380387-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2021/12/shutterstock_2067380387-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2021/12/shutterstock_2067380387.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> Elon Musk has continued bashing the Biden administration’s tax […]

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Biden’s Campaign Promises to Crack Down on Emissions Have Disappeared

The Sunrise Movement, however, still gave Biden’s plan an “F-” rating in December 2019 and endorsed Bernie Sanders. So as the primary heated up, Biden revamped the plan in order to address the concerns of the base. As he rolled out a new version, he said, “I want young climate activists, young people everywhere, to […]

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Peter Welch’s “All Hands on Deck” Moment

What we’re seeing throughout the country is, in Trump-controlled legislatures, they’re rewriting election laws to make it very difficult for people to vote, or if the legislature doesn’t like the vote of the people, make it easy for them to overturn it. So we have an epic moment here, where there’s a major question about: […]

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Don’t Let the GOP Fool You—Republicans Love Inflation

Republicans love inflation so much that they fantasize it’s imminent even when it isn’t. In 2010, for example, when the economy was still struggling to recover from the Great Recession of 2007-9, a long list of Republican eminences (only some of them actual economists) published in The Wall Street Journal an open letter to then-Federal […]

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For God’s Sake, Democrats, Don’t Call It a “Social Spending Bill”

“I think a thing the administration can do and is beginning to do is really focus on the parts of the [social spending] bill that are the most popular and the most tangible,” said Arkadi Gerney, the executive director and founder of The Hub Project, an initiative that boosts Democratic candidates and causes. “The things […]

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Citing ‘Unsustainable’ Financial Inequity, HBCU Leaders Urge Senate Passage Of The Build Back Better Act

NewsOne Featured Video Source: Catherine McQueen / Getty Sixty-five HBCU presidents and chancellors wrote a joint letter to Senate Majority Leader Chuck Schumer and Minority Leader Mitch McConnell asking for their support in passing the Build Back Better legislation. Citing historic investments in HBCUs and other institutions serving students of color, the group warned of […]

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Report: Biden Admin May Link Semiconductor Subsidies to Unions

<img data-attachment-id="1694982" data-permalink="https://www.thetruthaboutcars.com/2019/10/trade-war-watch-report-claims-white-house-wants-to-dictate-where-cars-are-manufactured/shutterstock_114757342/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_114757342.jpg" data-orig-size="1000,662" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="white house more like night house" data-image-description=" Orhan Cam/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_114757342-450×298.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_114757342-610×404.jpg” class=”aligncenter size-large wp-image-1694982″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_114757342-610×404.jpg” alt width=”610″ height=”404″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_114757342-610×404.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_114757342-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_114757342-450×298.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_114757342-768×508.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_114757342-120×79.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_114757342.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> Despite the semiconductor shortage having encouraged the automotive sector to repeatedly idle factories, […]

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Guess What Everybody, It’s Debt Ceiling Drama Time Again

It’s unlikely that Democrats will weaken the filibuster in order to pass a debt limit extension without Republican help, as Senators Kyrsten Sinema and Manchin have remained adamant in their opposition to doing so. Republicans are also hoping to avoid any change to the filibuster, which means ensuring that Manchin and Sinema don’t waver in […]

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Democrats Are Overselling Build Back Better’s Insulin Pricing Cap

But insulin does serve a uniquely urgent physiological purpose that makes the gazillions of tiny cracks in the U.S. health care system more obvious than any other drug possibly could. For most of us, our pancreases secrete insulin to metabolize sugar on a near-constant basis. Type 1 (and some type 2) diabetics must essentially act […]

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Why Are Cities Hostile to Strollers?

Basic safety upgrades that would benefit all pedestrians, like setting sidewalks farther from the street and adding lighting, crosswalks, and signalized intersections, could make errands with toddlers and strollers safer and less of a hassle. “Daylighting”—which involves removing parking spots near crosswalks to increase visibility—would eliminate the need to poke strollers into streets when determining […]

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Anti-Abortion Christians Want a Social Safety Net—but Just for Pregnant Women

According to various surveys, the cost of raising a child in the United States during their first year on this planet ranges from a median of $6,000 to $12,000. That’s after the baby is born—one study found that even for those with health insurance, being pregnant and then giving birth by C-section costs, on average, […]

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Democrats Shouldn’t Be Afraid to Tell Voters What the Build Back Better Act Is All About

“Let’s see, what else…There’s a lot of money in there for the states—not the federal government, the states—to build and stand up pre-kindergarten programs and childcare centers. The bill ensures that a family of four with incomes up to $300,000, which is about 98 percent of the population, will pay no more than 7 percent […]

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The People Dream of a President Who Will Take on Corporations

There’s been no shortage of hand-wringing in recent weeks about President Joe Biden, the Democratic Party, and their electoral prospects. The president faces increasing concerns about the economy, an ongoing pandemic, and dwindling time to tackle the climate crisis—all amid intransigence from his own party’s centrists and a damaging loss in the Virginia gubernatorial race. […]

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Who’s Afraid of the Congressional Budget Office?

On Thursday evening, the Congressional Budget Office, or CBO, finally released what everyone on Capitol Hill had been breathlessly awaiting: its score of the Build Back Better Act, the multitrillion-dollar spending bill that will likely be the foundation of the party’s midterms pitch next year. For weeks, Democrats had fretted over the score’s impact. Given […]

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Fentanyl, God, and Gas Prices: Kevin McCarthy’s Forever Speech Was Total Nonsense

Democrats’ hopes for a quick House passage of their Build Back Better bill ended Thursday night, and Friday morning, as House Minority Leader Kevin McCarthy took the floor around 8:30 p.m. and went on… and on… and on. In total, McCarthy spoke for just over eight and a half hours until after 5 a.m., breaking […]

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Biden’s Big Social Infrastructure Bill Finally Gets Passed By the House—Now Comes the Hard Part

The bill dedicates more than $550 billion to combating climate change, including expansion of tax credits for consumers and incentives for companies to transition to clean energy, as well as additional financial incentives to make wind turbines and other equipment in U.S.-based and unionized factories. It also creates a Civilian Climate Corps, employing young people […]

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Meet the Only House Dem Who Voted—Again—Against His Party

John Lapp, a Democratic media strategist who helped run the independent expenditure group that backed Golden, argued for Democrats to hold the district they would have to have someone like Golden. “Inland Maine is hardcore blue-collar, and Trump won that district and if you are a mainline Democrat who just kind of goes the party […]

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Shuttered Day Cares and Scrambling Families: Unpacking the Childcare Crisis

Free childcare, in the form of publicly run, 24-hour day care centers, was a core demand of the women’s liberation movement in the 1970s. Yet here we are in the United States in 2021, with senators insisting we have to choose between universal pre-K, fair wages for childcare workers, and a few weeks’ paid leave […]

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Shuttered Daycares and Scrambling Families: Unpacking the Childcare Crisis

Free childcare, in the form of publicly run, 24-hour daycare centers, was once a core demand of the women’s liberation movement in the 1970s. Yet here we are in the United States in 2021, with senators insisting we have to choose between universal pre-k, fair wages for childcare workers, and a few weeks paid leave […]

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A Disappointing CBO Score Might Not Doom the Build Back Better Act

Some Democrats have raised concerns about the CBO in the past. Although the agency is nonpartisan and has committed itself to objectivity, critics have noted that Swagel worked in the Treasury Department during the Bush administration, and held roles in conservative think tanks. The CBO drew the ire of some Democrats in February when it […]

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No War, No Problem: Senate Prepares To Shovel Another Pile of Money at the Pentagon

Senator Bernie Sanders has also introduced an amendment to reduce the amount of spending authorized by the bill, which will almost certainly fail. The House version of the bill increased the amount authorized by roughly $24 billion to match the Senate version, a controversial provision which saw opposition from some Democrats. Both the House and […]

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What Can Democrats Learn From the 2010 Midterms? A Conversation With Indivisible’s Leah Greenberg

Until we have clarity on what is going to be in the final package, there are going to be ongoing debates about what’s in and what’s out. What the public hears is, every week, Joe Manchin and Kyrsten Sinema declaring that another enormously popular thing is out of the package—which is not the greatest overall […]

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Here’s How the Build Back Better Act Will Get Enacted

Throughout several months of intense negotiations, progressive Democrats have insisted on bringing the Build Back Better Act, or BBB, to a vote before the bipartisan infrastructure bill. Their strategy has rested on the not-implausible belief that conservative Democrats might withhold support for President Biden’s social provision bill if infrastructure got enacted first. Much like the […]

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Joe Manchin Opposes Tax Incentives For Union-Made EVs on Behalf Of Toyota, Which Doesn’t Have Unions or an EV

Moveable explores the future of transportation, infrastructure, energy, and cities. Joe Manchin, a Senator from West Virginia and anthropomorphic wet blanket, has once again come out in opposition to a favored Democratic policy that would help people. In this case, Manchin said he is opposed to a provision in the Build Back Better agenda that […]

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No, Senator Manchin, Build Back Better Won’t Create Runaway Inflation

The House bill doesn’t include Wyden’s billionaire’s tax, but it does increase corporate taxes by $830 billion and personal taxes on very high incomes by about $640 billion. It also allows mostly wealthy taxpayers to deduct more of their state and local taxes from their federal returns ($300 billion). This last is regressive and a […]

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Why Are Democrats So Afraid to Brag About the Economy?

Passing the rest of Biden’s agenda would certainly clear some runway to start selling it’s economic value to American workers. As Democratic Congressional Campaign Committee chair Sean Maloney recently told The New York Times, “My message is ’free Joe Biden.’ That campaign needs to start now before the next crisis takes over the news cycle.” […]

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The Infrastructure Bill: Here’s Who Won and Who Lost

Josh Gottheimer: Loss. The idea for Gottheimer was this would be his moment to assert power as the leader of the Democrats seeking to counter progressives’ influence in infrastructure negotiations. There were moments when Gottheimer and his cadre of moderates pushing for a SALT tax were, in effect, endangering the entire infrastructure enterprise. Gottheimer didn’t […]

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Actually, Joe Biden Was Elected to Be FDR

That’s the economic story of the United States over the last four decades. There’s a number called the Gini coefficient, which measures income inequality on a scale from 1 to 100. As in golf, lower scores are better. The United States’s best-ever Gini score was around 35 in 1968. Today, it’s getting close to 50. […]

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Of Course Joe Manchin Drives a Maserati

When not aboard his $220,000 houseboat, Sen. Joe Manchin—who recently has been portrayed as D.C.’s cartoon villain du jour—may or may not own a Maserati Levante, which can retail for somewhere around $80,000. Advertisement The moderate West Virginia Democrat was caught in the luxury vehicle while surrounded by climate change activists Thursday morning, according to […]

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Biden’s Plan to Save the IRS Is Good for Everyone but Wealthy Tax Cheats

This has come at a tremendous cost to ordinary Americans. In addition to the estimated $160 billion in annual tax evasion from the wealthiest Americans, estimates for unpaid federal income taxes this year stretch as high as $600 billion—and are projected at over $7.5 trillion in the coming decade. One 2021 study found that the […]

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Election Setbacks in Virginia and New Jersey Have Capitol Hill Democrats in Despair

However, these are bills that McAuliffe, running for statewide office, had no hand in crafting. Much of his campaign was laser-focused on an attempt to tie Youngkin to former President Donald Trump, whom the Republican candidate neither fully embraced nor outright rejected. Youngkin appealed to Trump voters with his calls for election integrity and his […]

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