Tag: Reconciliation

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 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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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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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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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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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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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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With Manchin Wavering, House Democrats Put Their Trust in Biden

Other members were more quick to condemn Manchin. In a statement, Representative Cori Bush—one of the key progressives needed to support both bills—called on the West Virginia Democrat to support the Build Back Better Act, saying his opposition is “is anti-Black, anti-child, anti-woman, and anti-immigrant.” Some of Manchin’s complaints have also been addressed in the […]

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Biden Never Campaigned to Be FDR

It was always folly to believe that Biden and the Democrats could top the New Deal and LBJ’s Great Society with a 50-50 Senate and just three votes to spare in the House. The White House deserves some of the blame for encouraging unrealistic expectations about what was ever possible in a Congress poised on […]

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Here’s What Joe Manchin and Kyrsten Sinema Think About at 3 A.M.

The same is true for Sinema, except for the houseboat part. Her calculations are (as ever) harder to figure, because Biden won her state, however narrowly. Nevertheless, she obviously thinks her path to victory, also in 2024, is to assemble a coalition that’s different from the one that elected Biden in Arizona. She’s decided that […]

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Biden and the Democrats Agree to Keep Trying to Agree

The bulk of the framework is focused on child care and climate provisions, with some funding sprinkled hither and yon for health care and other Democratic priorities. It includes $400 billion for child care, universal pre-kindergarten, and $200 billion for extending the expanded child tax credit and the earned income tax credit by one year. […]

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Are the Democrats—Make That Two Democrats—About to Crash This Plane?

The document, obtained by The New Republic on Wednesday, offered a breakdown of offsets and spending for a top-line reconciliation bill price tag of $1.5 trillion. It gives a short line-by-line list of important offsets and spending programs in the deal. The document was passed along by a Democratic source. TNR could not verify the […]

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Another Day, Another Delay: Democrats Come Up Empty Again

In the same interview, though, Kaine backtracked and issued a caveat about how on track everything is. “I would say there’s nothing guaranteed about this thing until you and I see a final package,” Kaine said, before praising New York Senator Kirsten Gillibrand for her work on paid family leave proposals. He said that Gillibrand’s […]

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Paid Leave Would Help Millions of Americans—and Could Be Cut From the Democrats’ Big Bill

“It’s better than nothing, but … if you have a four week paid family leave policy, we’re not going to just see dramatic, positive impacts from a policy like that. It’s just too small to have huge impacts,” Rossin-Slater said. “If its continuation is being evaluated based on whether we see big positive impacts as […]

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How Four-Year Colleges Helped Kill Free Community College Tuition

“They want paying customers,” explains Max Lubin, chief executive officer of RISE, a group that organizes student-led campaigns to reduce or eliminate the cost of attending college. If community college were free, some students would choose community college over a four-year college. The competition would be especially bothersome to for-profit colleges, which compete most directly […]

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Corporate Taxes Will Not Go Up, and Guess Who’s Entirely to Blame?

High taxes and high rates of union membership are what made this country great. And I don’t recall a lack of innovation between 1942 and 1964 because high tax rates made budding entrepreneurs not want to create. Quite the opposite: This was the era when nearly every important invention and innovation was American-made. So, it’s […]

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Joe Manchin Is Bad for West Virginians

Children are not the only vulnerable West Virginians Manchin is throwing under the bus. Manchin has also expressed misgivings about Biden’s plan to earmark $400 billion for home caregivers, Axios reported in September. Funding home care workers could be especially beneficial in West Virginia, where they today “make less than $10 an hour and where, […]

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The Democrats Are Losing Their Nerve on Taxes

Even if you think the spending level in the reconciliation bill should be zero, you can’t logically call yourself a fiscal conservative and oppose higher marginal tax rates for both individuals and corporations. You just can’t. In 1990 a budget deficit of $221 billion (about $476 billion in current dollars) was enough to scare the […]

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Biden Has Put the Child Tax Credit Extension on the Chopping Block

A September Reuters/Ipsos poll had a more positive outlook for Biden, with 59 percent of adults supporting the credit. A survey by the conservative American Enterprise Institute found that only 45 percent of respondents supported making the credit permanent, and 53 percent said that they were concerned the credit will keep people from working. The seeming […]

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The Democrats’ Predicament Du Jour: Expand Health Care Coverage to the Elderly or the Poor?

The four states that have the highest number of uninsured adults are also key battlegrounds in presidential and Senate elections. Warnock, who made health care a key plank of his 2020 campaign, is up for reelection in 2022. Democrats are eager to maintain or build upon their exceedingly narrow majority in the Senate. There are […]

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Democrat Kurt Schrader Keeps Raking in Pharma Bucks

For the past few months, Congressman Kurt Schrader has been fighting to kill a prescription drug pricing provision in President Biden’s proposed $3.5 trillion reconciliation package. And all the while, the Oregon Democrat has received a steady stream of donations from the pharmaceutical industry, which opposes the plan. Specifically, Schrader helped sink a proposal that […]

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Joe Biden Is Not in Free Fall

We don’t live in that country anymore. We live in a 48-48 country. There are certain states—a lot of them—that a Democrat simply can’t lose. This is especially true if Trump is the Republican nominee, as I expect he will. Biden could fail at everything and be at 43 percent in the polls and still […]

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The Democrats’ Dilemma: Build Back Faster or Build Back Longer?

Extending programs in the short term could amount to a high-risk, high-reward scenario—if a program like the expanded child tax credit becomes entrenched, benefiting voters of both parties, it would be far more difficult politically for Republicans to allow it to expire. Glassman compared the idea to tax cuts implemented under the Bush administration, which […]

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The Stubborn Persistence of Food Insecurity for American Families

Congressional Democrats are attempting to craft a massive bill that will include a number of priorities that indirectly touch upon food insecurity, including an extension of the child tax credit, the provision of free school meals and universal pre-kindergarten, and an expansion of health coverage. But the bill, which Democrats hope to pass through the […]

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Funding Universal Pre-K and Not Childcare Would Be a Disaster

Democrats are facing difficult choices as they pare down their reconciliation package. On Tuesday, reports surfaced that the party may be considering including funding for pre-Kindergarten while excluding funding for childcare, a scenario that appeals to West Virginia Senator Joe Manchin. This is alarming. Going down that path would put additional strain on a childcare […]

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Has the Time Come for Biden to Knock Some Heads on Capitol Hill?

At the same time though the White House has moved to a different phase of negotiations. Susan Rice, the director of the White House’s Domestic Policy Council, has become more visible in negotiations on the Hill, oftentimes spotted going in and out of meetings with White House National Economic Council director Brian Deese. Rice, according […]

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The Democrats’ Fear of Assigning a Number to the Debt Ceiling Is Lame and Ridiculous

Growing partisan rancor over the debt limit culminated in 2011, when a prolonged struggle by the Obama administration to get Congress to approve an increase prompted Standard & Poor’s to downgrade its credit rating on U.S. treasury bills. No credit agency had ever done this before, and none has done so since (though S&P has recently threatened that […]

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Kyrsten Sinema, We’re Sick of Your Act

They won’t do that I guess, but here they are, after 25 years, finally on the cusp of lowering prescription drug prices. And Sinema and a few others may kill it. If the Democrats don’t manage to include prescription drug price reform in this bill, I hope every one of the Democrats who derailed it […]

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Cory Booker Is Still Optimistic About The Senate, Despite—You Know—Everything

“If you love a person, tell the truth, so I’m telling the truth. Some of these shenanigans I just have little patience for.” Cattle policy is one thing. But other, more immediate issues—say, suspending the debt ceiling—are quite another. He does have some stern words for the “rank hypocrisy” of Republicans who filibustered a suspension […]

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