Category: TWEET

GOP Tax Bill Is The End Of All Economic Sanity In Washington

There’s no economic justification whatsoever for a tax cut at this time. U.S. GDP is growing, unemployment is close to 4 percent (below what is commonly considered “full employment“), corporate profits are at record levels and stock markets are soaring. It makes no sense to add any federal government-induced stimulus to all this private sector-caused economic…

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The Republican Tax Strategy: Speed, Subterfuge, and Diversion

“It is entirely conceivable that, in two weeks’ time, the Republican Party’s leaders will have largely succeeded in railroading through Congress an unpopular, regressive, and damaging tax reform. That was their plan from the beginning, and so far it has worked out much as they intended. On Thursday, the House, spurred on by Paul Ryan,…

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Billionaires Desperately Need Our Help!

Fortunately, President Trump and the Republicans are coming along with some desperately needed tax relief for billionaires. Thank God for this lifeline to struggling tycoons. And it’s carefully crafted to focus the benefits on the truly deserving — the affluent who earn their tax breaks with savvy investments in politicians. For example, eliminating the estate…

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Senate tax bill cuts taxes of wealthy and hikes taxes on families earning under $75,000 over a decade

The tax bill Senate Republicans are championing would give large tax cuts to millionaires while raising taxes on American families earning $10,000 to $75,000 over the next decade, according to an analysis released Thursday by the Joint Committee on Taxation, Congress’ official nonpartisan analysts. President Trump and Republican lawmakers have been heralding their bill as…

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CBO: Tax Plan Could Cut Medicare By $25 Billion

Some members are concerned the GOP tax overhaul would lead to mandatory multi-billion dollar cuts to programs such as Medicare. There’s not enough mandatory spending up for grabs under current law to execute the full automatic, across-the-board spending cuts to entitlement programs that would be triggered if Republicans push through deficit-increasing tax cuts by year’s…

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Trump Shatters Longstanding Norms by Pressing for Clinton Investigation

 President Trump did not need to send a memo or telephone his attorney general to make his desires known. He broadcast them for all the world to see on Twitter. The instruction was clear: The Justice Department should investigate his defeated opponent from last year’s campaign. However they were delivered, Mr. Trump’s demands have ricocheted through the halls of…

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Robbing Blue States to Pay Red

Much of the debate over the Republican House and Senate tax plans has centered on how they will shift income toward the affluent. But there is a second kind of redistribution in the plans — from Democratic blue states to Republican red states. Call it the Republican two-step: redistribute upward, then sideways. The biggest beneficiaries…

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A Wide-Open Door for Pesticide Lobbyists at the Agriculture Department

At a private meeting in September, congressional aides asked Rebeckah Adcock, a top official at the Department of Agriculture, to reveal the identities of the people serving on the deregulation team she leads at the agency. Teams like Adcock’s, created under an executive order by President Trump, had been taking heat from Democratic lawmakers over…

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He has never tried a case, but Trump wants to make him judge for life

Brett Talley, a 36-year-old lawyer whom President Trump nominated for a lifetime federal judgeship, has practiced law for only three years and has yet to try a case. Before his nomination in September, he had been unequivocal about his political views. “Hillary Rotten Clinton might be the best Trumpism yet,” says a tweet from his…

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Energy undersecretary wants nuclear safety reports hidden from public

The head of the federal agency that produces U.S. nuclear weapons has privately proposed to end public access to key safety reports from a federal watchdog group that monitors ten sites involved in weapons production. Frank Klotz, administrator of the Energy Department’s National Nuclear Security Administration, made the proposal to members of the Defense Nuclear…

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