Just as I predicted the other day, “The lickspittle lackeys of Plutocrats and Corporations in Congress, i.e., the Gang of Twenty, are opposed to increased funding for IRS enforcement and audits to collect the taxes actually owed by Plutocrats and Corporations.” Joan McCarter reports, Republicans double down on protecting wealthy tax cheats at the expense … Read more
Senate Majority Leader Chuck Schumer (D-N.Y.) is basically telling the bipartisan Gang of Twenty senators that they have wasted enough of everyone’s time with their endless “bipartisan” negotiations on their fictitious infrastructure “agreement,” and it is time for them to either put up or shut up. Shoulda done this long ago, Chuck. The Hill reports, … Read more
Update to PSA: Child Tax Credit Payments To Begin July 15 . Today, families across the country will see the first payments from the Child Tax Credit expansion enacted in the American Rescue Plan – $3,600/year for kids under 6 and $3,000/year for kids over 6. Unlike the 2017 Trump tax cuts for the wealthy and corporations, these tax … Read more
In a move that could potentially rewrite the American Social Contract, the Democrats in the United States Senate appear to have agreed on pursuing a $3.5 trillion budget package through the reconciliation process. If all Democrats support this dollar figure, the bill contents, and the revenue sources to pay for it, Vice President Kamala Harris … Read more
Remember when Barack Obama negotiated in good faith, ad nauseam, with Republicans to address their objections in an effort to come to a bipartisan agreement on health care reform? This was the Mitch McConnell “rope-a-dope” strategy. Republicans did not negotiate in good faith, their plan was always to run out the clock on the Obama … Read more