House Tea-Publicans introduced a stop-gap spending bill late Wednesday night to allow negotiations on a spending agreement to continue through May 5 without the threat of a government shutdown. House Republicans introduce stop-gap spending bill to continue budget talks:
The short-term spending measure, which would extend current funding levels beyond the end of this week, comes as negotiators are nearing an agreement on a budget to increase military spending and border security and keep the government open through the end of September. The decision to begin work on a very short extension comes as no surprise, the final steps of a spending deal could drag on beyond the current April 28 deadline and congressional leaders are eager to minimize the threat of a shutdown, according to aides familiar with the talks.
“I am optimistic that a final funding package will be completed soon,” said House Appropriations Committee Chairman Rodney Frelinghuysen (R-N.J.). “It is time that this essential work is completed so that critical programs and activities — including national defense — are properly and adequately funded for the year.”
White House officials notified lawmakers earlier in the day that President Trump abandoned a threat to end subsidy payments under the Affordable Care Act, a concession to Democrats that is expected to clear the way for a bipartisan budget agreement. Trump had threatened to cut off the subsidies in an attempt to force Democrats to pay for a wall along the U.S. border with Mexico, a fight that became less serious after Republicans withdrew their border wall request this week.
“It is good that once again the president seems to be backing off his threat to hold health care and government funding hostage,” Senate Minority Leader Charles E. Schumer (D-N.Y.) said. “Like the withdrawal of money for the wall, this decision brings us closer to a bipartisan agreement to fund the government and is good news for the American people.”
Posted in AZBlueMeanie, Budgets, Congress, Courts, Economics, Ethics, GOP War On..., Healthcare, Legislation, Party Politics, President, Taxes
Tagged government shutdown, health insurance, Obamacare
Donald Trump really, really bigly wants to claim that he is living up to his campaign pledges (he is not) by pursuing his promise to repeal and replace “Obamacare” in his first “100 days,” after he made the mistake of conceding defeat without even a vote a few weeks ago and moving on to tax cuts, which he is kinda (but not really) getting around to this week.
Trump’s problem is that he is negotiating with the wrong people, the far-right radical fringe GOP House Freedom Caucus that wants to return to the “good old days” of pre-Obamacare, and kick millions of Americans off of health care insurance for “state’s rights!”
Remember, for every vote that Trump adds from the GOP House Freedom Caucus he is subtracting votes from the mythical moderate Republicans, especially in the Senate, where he has no margin for error. House Freedom Caucus leaders back new health-care plan:
White House officials and several Republican lawmakers claimed Tuesday they were nearing a deal on health-care legislation with the House Freedom Caucus, with at least three leading figures in the hard-line group ready to support an overhaul after the dramatic collapse of talks last month.
Reps. Mark Meadows (R-N.C.), Jim Jordan (R-Ohio), and Raúl R. Labrador (R-Idaho) — all leaders of the Freedom Caucus and central figures in the latest discussions — signaled Tuesday they are ready to support a new plan, according to two White House officials who were not authorized to speak publicly. A lawmaker close to the Freedom Caucus later confirmed that those members were close to or ready to support the tweaked bill.
Posted in AZBlueMeanie, Budgets, Congress, Economics, GOP War On..., Healthcare, Legislation, Party Politics, Polling, President, Taxes
Tagged health insurance, Obamacare
The so-called “Trump rally” in the stock market is fueled by unbridled greed and giddy anticipation of a huge corporate welfare tax cut package “even as Washington remains gridlocked and evidence of any real pickup in the economy is scarce.”
The market impact of the Trump presidency is based so far on prospects — with details and congressional dynamics left to be sorted out — rather than accomplishments.
* * *
The cause for bullishness on Tuesday was Mr. Trump’s new call to cut the corporate tax rate to 15 percent, from 35 percent — deficits, perhaps, be damned.
As the Sith Lord Dick Cheney infamously reminded us, “Reagan proved that deficits don’t matter” to Republicans when they are in the White House.
The New York Times reports, Trump’s Tax Plan: Low Rate for Corporations, and for Companies Like His:
President Trump plans to unveil a tax cut blueprint — not an actual bill — on Wednesday that would apply a vastly reduced, 15 percent business tax rate not only to corporations but also to companies that now pay taxes through the personal income tax code — from mom-and-pop businesses to his own real estate empire, according to several people briefed on the proposal.
The package would also increase the standard deduction for individuals, providing a modest cut for middle-income people and simplifying the process of filing tax returns, according to people briefed on its details. That proposal is opposed by home builders and real estate agents, who fear it would diminish the importance of the mortgage interest deduction. And it is likely to necessitate eliminating or curbing other popular deductions, a politically risky pursuit.
As of late Tuesday, the plan did not include Mr. Trump’s promised $1 trillion infrastructure program, two of the people said, and it jettisoned a House Republican proposal to impose a substantial tax on imports, known as a border adjustment tax, which would have raised billions of dollars to help offset the cost of the cuts [and to pay for Trump’s folly of a border wall.]
Posted in AZBlueMeanie, Congress, Corruption, Economics, GOP War On..., Infrastructure, Legislation, Mexico Border, Party Politics, President, Scandals, Taxes
Tagged budget deficits
Attorney General Jefferson Beauregard Sessions III and President Donald J. Trump believe Richard Nixon’s formulation that “When the president does it, that means that it is not illegal”.
Even a child with a fifth grade civics education knows that this is not true.
Today U.S. District Judge William Orrick III of San Francisco issued a nationwide preliminary injunction (.pdf) against Trump’s recent executive order seeking to
coerce punish “sanctuary cites.”
The Trump administration is now “oh for” in repeated immigration executive orders because they keep violating the constitution. Add this to his “100 days” list of failures.
The San Francisco Chronicle reports, Judge says Trump can’t punish cities over sanctuary city policies:
President Trump can’t coerce “sanctuary cities” like San Francisco to cooperate with immigration officers by withdrawing all of their federal funds, a federal judge ruled Tuesday.
In the first legal test of an executive order Trump issued five days after taking office, U.S. District Judge William Orrick III of San Francisco said the president was exceeding his constitutional authority by trying to punish local governments that disagreed with his immigration policies.
Posted in Activism, AZBlueMeanie, Constitution, Courts, Immigration, Justice, Law Enforcement, Party Politics, President, Racism
Tagged Executive Orders, federalism