Worth the Read —

Battle Lines Drawn as GOP Moves Closer to ‘Greatest Transfer of Wealth to the Super-Rich in Modern American History’ by Jake Johnson, staff writer With their passage of a deeply unpopular $1.5 tax cut bill on Thursday, House Repubicans did their part in “paving the way for the greatest transfer of wealth from regular people …

Continue reading ‘Worth the Read —’ »

Senate Republicans’ Tax Plan Will Scrap Obamacare Mandate

“The GOP tax bill is now straight-up ‘take away your healthcare to pay for tax cuts for corporations,’” says MoveOn.org’s Ben Wikler — by Jessica Corbett, staff writer In congressional Republicans’ latest move to strip healthcare from millions of Americans, several news outlets reported on Tuesday that party leaders in the Senate are adding a provision to their tax bill …

Continue reading ‘Senate Republicans’ Tax Plan Will Scrap Obamacare Mandate’ »

Using Statistical Assumptions — Amodei Attempts to Sell Nevadans on HR1

The House Republican Conference released their “Tax Cuts and Jobs Act,” claiming that it’s a “comprehensive plan to reform our nation’s tax system.”  NOPE.  The largest “cuts” go to corporations and the rich with the dregs being divided up across the masses.  The House Republican Conference released their “Tax Cuts and Jobs Act,” claiming that it’s …

Continue reading ‘Using Statistical Assumptions — Amodei Attempts to Sell Nevadans on HR1’ »

Republican Budget Seriously Slashed Medicare by $4.73B

Medicare is a fundamental tool of economic security – a guarantee that seniors will not be denied health care just because they cannot afford it. But Republicans in the House, led by Paul Ryan, just voted for a budget plan (HR553) (Roll Call Vote 552) that would gut Medicare – slashing funding for the program by …

Continue reading ‘Republican Budget Seriously Slashed Medicare by $4.73B’ »

The CBO Report is Out—We’re Still Screwed!

— as Posted at the Website of the Congressional Budget Office on June 26, 2017 View the full CBO Report Here The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) have completed an estimate of the direct spending and revenue effects of the Better Care Reconciliation Act of 2017, a …

Continue reading ‘The CBO Report is Out—We’re Still Screwed!’ »

On Infrastructure: Trumpspeak is Cheap … and Empty

EPI’s Josh Bivens and Hunter Blair find that, in addition to “enormous cuts to public investment already embedded in their overall budget plan,” Trump’s budget funds only $200 billion of the $1 trillion he pledged for new infrastructure—leaving state taxpayers and infrastructure users to pick up 80% of the tab. Trump’s infrastructure plans are empty …

Continue reading ‘On Infrastructure: Trumpspeak is Cheap … and Empty’ »

Really? This is Tax Reform to Improve the Lives of Middle Class Americans? NOT!

They’re introducing #TaxReform today which will provide massive tax cuts for corporations ….. to a mere 15% …. and guess who’s paying for that … YOU and me!  And just so you understand what I mean, they’re dumping all “Obamacare” subsidies and dumping all “individual” deductions except mortgage and charitable deductions. No more deductions for …

Continue reading ‘Really? This is Tax Reform to Improve the Lives of Middle Class Americans? NOT!’ »

GOP Is In Chaos—and 2018 is just around the corner

70 days in and it’s already been pretty rough for residents of Trumpland. The “Obamacare” repeal? Couldn’t get a vote. The Muslim ban 1.0 and then 2.0? Laughed out of court. The budget? “Dead on arrival,” at least, according to Senator Lindsey Graham. “You’re fired” seems to have taken over as the mode of operation, …

Continue reading ‘GOP Is In Chaos—and 2018 is just around the corner’ »

FACT CHECK: Heck on Taxes and the Federal Budget

Heck voted to give tax breaks to the wealth and large corporations while stiffing his constituents back home and our diplomats overseas. Joe Heck supports policies that increase taxes on the middle class while lowering taxes on the wealthy. Joe Heck sponsored a tax break for the Big Banks. Joe Heck voted to protect tax …

Continue reading ‘FACT CHECK: Heck on Taxes and the Federal Budget’ »

The Obama Health Care Legacy: More Coverage and Less Spending

—by Harry Stein On March 24, the Congressional Budget Office, or CBO, published data that surprised even the staunchest advocates for health care reform: New estimates show that total federal spending in fiscal year 2016 for major health care programs will be lower than was projected back in January 2009. Why is this shocking? The …

Continue reading ‘The Obama Health Care Legacy: More Coverage and Less Spending’ »