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Showing posts with label WEALTHY TAXES. Show all posts
Showing posts with label WEALTHY TAXES. Show all posts

Tuesday, September 14, 2021

RSN: FOCUS: Robert Reich | The $3.5 Trillion Bill Corporate America Is Terrified Of


 

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14 September 21

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Robert Reich. (photo: Steve Russell/Toronto Star)
FOCUS: Robert Reich | The $3.5 Trillion Bill Corporate America Is Terrified Of
Robert Reich, Robert Reich's Blog
Reich writes: "Right now, Democrats are working to pass a $3.5 trillion package that will provide long overdue help for working Americans."

Right now, Democrats are working to pass a $3.5 trillion package that will provide long overdue help for working Americans.

The final bill hasn’t yet been determined, so we don’t know the exact dollar amounts for all its policies. We’ll probably find that out in late September or early October. For now, the Democrats’ budget resolution frames what’s in the bill.

First, on families:

The bill would make permanent key benefits for working families, including the expanded child tax credit in the pandemic relief plan that sends families up to $300 per child each month but is now set to expire in December, and is estimated to cut child poverty by half.

It would also establish universal child care, for which low- and middle-income households would pay no more than 7 percent of their incomes.

And provide a national program of paid leave — worth up to $4,000 a month — for workers who take time off because they are ill or caring for a relative.

Next, on education:

The bill would reduce educational inequality by establishing universal pre-K for all 3- and 4-year-olds, benefiting an estimated 5 million children, and providing tuition-free community college – essentially expanding free public education from 12 years to 16 years.

It will also invest in historically Black colleges and universities and increase the maximum amount of Pell grants for students from lower-income families.

On health care:

The bill expands Medicare to include dental, vision, and hearing benefits and lowers the eligibility age. It also expands Medicaid to cover people living in the 12 states that have not yet expanded Medicaid, and makes critical investments to improve healthcare for people of color.

The big question is how far it will go to reduce prescription drug prices by, for example, allowing Medicare to negotiate prices with pharmaceutical companies. That could reduce Medicare and Medicaid spending, and free up more money for other parts of the bill. But Big Pharma is dead-set against this.

Big corporations and the rich picking up the tab:

In another step toward fairness, all of these are to be financed by higher taxes on the rich and big corporations.

The bill would also increase the Internal Revenue Service’s funding so the agency can properly audit wealthy tax cheats, who fail to report about a fifth of their income every year, thereby costing the government $105 billion annually.

In addition, the bill tackles the climate crisis, which also especially burdens lower-income Americans:

There are a range of solutions – subsidizing the use of solar, wind, nuclear and other forms of clean energy while financially penalizing the use of dirty energy like coal; helping families pay for electric cars and energy-efficient homes.

The bill might include something known as a carbon border adjustment tax — a tax on imports whose production was carbon-intensive, like many from China.

The bill would also establish a Civilian Climate Corps, and invest in communities that bear the brunt of the climate crisis.

And the bill helps American workers:

It will hopefully contain much of the PRO Act, the toughest labor law reform in a generation.

Finally, the bill includes a pathway to citizenship for undocumented immigrants.

This is all about making America fairer.

Remember: we won’t know the exact details of the bill for at least a month, but these are the main areas that it will focus on. The big challenge will be ensuring Senate Democrats remain united to get it passed. All of us will need to fight like hell.

Don’t listen to spending hawks who claim it’s too expensive or too radical. For far too long, our government has ignored the needs of everyday Americans, catering instead to the demands of corporations and the super-rich. No more.

It’s time to get this landmark bill passed and build a fairer America.


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Thursday, September 2, 2021

FOCUS: Bernie Sanders Is Making His Pitch to Swing Voters

 

 

Reader Supported News
01 September 21

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Sen. Bernie Sanders. (photo: Getty)
FOCUS: Bernie Sanders Is Making His Pitch to Swing Voters
Branko Marcetic, Jacobin
Marcetic writes: "Bernie Sanders, who's fighting to pass his ambitious $3.5 trillion reconciliation bill in the Senate, spent the past weekend on the road, doing something his Democratic colleagues seldom do: selling his ideas in swing states."

In some ways, Bernie Sanders spent this past weekend in his element. Sanders has long out-performed Democrats in conservative-voting parts of his home state, far out-fundraised the rest of the Democratic field in Obama-to-Trump-voting counties, and his town halls on Fox News in Trump-voting parts of the country during the Democratic primary were a political phenomenon.

The Vermont senator drew on this history to tour through the Midwest this past weekend, trying to sell Republican-voting Americans on what he framed as the successor to the New Deal and what he repeatedly called “the most consequential piece of legislation for working people in the modern history of this country.”

With his $3.5 trillion reconciliation bill facing extremely tight voting margins in Congress, and the currently ascendant Democratic Party staring down the barrel of a midterm slaughter next year, Sanders talked directly to audiences in West Lafayette, Indiana, and Cedar Rapids, Iowa, explaining the stakes of the coming legislative battle over the bill for their lives, and hearing from locals about their own stories and concerns.

“I love doing this stuff,” he told Iowans. “We talk about the real issues facing working families, and you can’t do that in a ten-second soundbite.”

In an echo of the campaign days, Sanders recruited five locals at each stop to share their own experiences and give their thoughts about what the bill’s passage would mean for them, ranging from small business owners and students, to city councilors and working parents struggling to pay the bills (“It’s a very radical concept,” Sanders told the crowd. “It’s called democracy”). One speaker talked about her son’s suicide, after he was inundated with health maladies and thrown off his job and his health insurance. Another, an unemployed father of two, recounted what the expanded unemployment insurance he had claimed for the first time in his life during the pandemic meant for his family.

“I’ve worked with TBI [traumatic brain injury], I’ve worked with this, I’ve worked with that, but working with a real living wage I have not done,” he told his fellow Indianans.

These attempts to give working people a voice in the political process has a long lineage in Sanders’s career: as mayor of Burlington, Sanders had tapped local residents to volunteer for city projects, extended his office hours to hear ideas directly from people, and became known for regularly talking with and interviewing townspeople on his public-access TV show. But they were also a conscious attempt to shift the focus of coverage from the beltway to-and-fro and put the needs of working people front and center.

“Sen. Sanders believes one of the most important roles of the chairman of the Senate Budget Committee is to get out and educate as many working Americans as possible about what is in the budget and how it will help them,” said a source familiar with the matter. “Part of that process is getting the media out of Washington to see the people whose lives will be changed by this legislation.”

Politically, this was a new context for Sanders as well. Needing all fifty Democratic senators on board in order to pass his bill, Sanders notably muted his pox-on-both-houses-style criticisms of the Democratic establishment that had made him such a distinctive candidate in the past. Having worked closely with the Democratic leadership to write the ambitious bill, Sanders is as of now operating as a pragmatic team player — albeit with still-copious denunciations of billionaires and “big-money special interests.” A crack that billionaires were so at a loss for what to do with all the money they’d made over the pandemic that they resorted to taking “space trips” got laughs at both events.

As would be expected of a Budget Committee chair, Sanders took a more partisan tone than audiences might be familiar with. He defended Joe Biden from the occasional audience criticism and largely dodged the concerns expressed about right-wing holdouts Joe Manchin and Kyrsten Sinema, while hitting Republicans for voting lockstep just a few years ago to cut taxes for the rich and throw people off their health insurance, but now refusing to give a single vote to this bill. He tersely praised the deeply flawed bipartisan package being pushed by Biden, while noting he wasn’t involved in it.

Opening each event with a plea for people to get vaccinated followed by a lengthy meditation on how climate change is wreaking havoc around the world, Sanders delivered something between his campaign stump speech and a diagnosis of the “difficult times” the country is living through. After outlining the progress already made since Biden took office, he went one by one down the list of the reconciliation bill’s major provisions and what they meant for those attending, starting with “end[ing] the obscenity” of billionaires and corporations paying nothing in taxes and making the $300-a-month child tax credit checks permanent, to putting in place universal childcare and pre-K, free community college, and making massive investments in combating climate change.

He stressed repeatedly the bill wasn’t “everything I want,” and that bolder measures like Medicare for All and wholesale student debt forgiveness are where the country needs to go, but that what measures were in there were significant and “a good start.” He charged that the bill’s provision allowing Medicare to negotiate drug prices, for instance, “will be the first time in American history that Congress would have stood up to the pharmaceutical industry.”

“It’s Called Democracy”

Not surprisingly, it was a largely liberal, pro-Democratic crowd at both events, though some attendees with Trump paraphernalia could be seen leaving the grounds at West Lafayette after Sanders finished outlining the bill’s provisions. That particular venue was especially progressive, owing to the large number of student attendees from nearby Purdue University (“We’re going to see daddy!” one remarked excitedly before the event). Attendees whom Jacobin spoke to after the town halls were over were uniformly liberal, pro-Sanders voters.

Yet several attendees also told Jacobin that they hadn’t known what was actually in the bill before coming to the event. Chris, forty, and his wife, who asked not to be named, both campus workers at Purdue, were impressed Sanders had come to Lafayette in the first place and given ordinary people a chance to speak their minds. They appreciated that he had stressed the bill’s enormous price tag would be paid for by taxing the wealthy (“I can’t imagine what three trillion of anything even looks like,” said Chris) and believed that learning the bill’s details that night would make it easier to have conversations about it with their neighbors. They liked the focus on policy specifics, a break from the scandal-focused nature of local politics, they said.

Ben Watkins of Cedar Rapids, twenty-nine, likewise enjoyed hearing from locals, and said he hadn’t known the “ins and outs” of the reconciliation bill before the event, and was particularly interested in its educational and environmental provisions. “It’s hard to find the time,” he said about properly researching a bill this size. One questioner from the audience, Xavier, a student, likewise admitted that he hadn’t known much about the bill coming into the town hall, and that it “warms my heart” to have learned about what it includes, particularly with many of his peers underwater with student debt.

Some of the more challenging questions of the weekend came from union members, with two members of the International Brotherhood of Electrical Workers asking Sanders what the bill would do for them, and whether it included money to help other workers transition to a post–fossil fuel world (Sanders said the latter was critical, though it’s not clear a specific provision exists for it in the bill, and he pointed to the bill’s investment in solar for the former). He said he would “fight like hell” and “do everything I can” to keep Democratic moderates from shaving provisions off the bill (“I’ve already compromised,” he said, pointing to the $6 trillion price tag he put forward initially), and waved off concerns about Manchin and Sinema.

“I believe that at the end of the day, after a lot of negotiations, and pain… what we are going to do is pass the most comprehensive bill for working families that this country has seen in a long way with the fifty votes, plus the vice president,” he said.

Bridging the Gap

Rallying a sympathetic constituency behind the bill may in the end prove as important as winning over conservative voters.

With Trump no longer on the ballot, Democrats are suffering from a possibly fatal enthusiasm gap in coming elections. This has been most dramatic in California, where Democratic governor Gavin Newsom has a very real chance of being recalled in September despite solid approval ratings in a heavily Democratic state — all because Democratic voters are less motivated to turn out for the election than Republicans.

Just yesterday, the Democratic National Committee finished up its own cross-country tour touting their agenda, stopping off in largely Democratic strongholds in blue and purple states. Former Iowa state representative Jeff Kurtz, attending the Cedar Rapids town hall, said it was unusual to see a national politician come to the town.

Between meeting the local responsibilities of a senator, trying to stop a coming far-right electoral tidal wave, pushing the reconciliation bill along, and doing what he says he wishes he could do in “all fifty states” — talk to the public directly about it — Sanders has his work cut out for him.

Yet in spite of the country’s, and the world’s, many frightening crises, and despite his own loss of the presidential nomination last year, he remains optimistic, insisting that a “strong progressive movement” has already won victories and raised consciousness in the United States. Told by one audience member that his friends are disillusioned since his loss and no longer see the point of being politically involved, Sanders was resolute.

“I beg of those students… if there ever was a time not to sit it out, not to allow yourself to become disillusioned, this is the time,” Sanders said. “I say to all of those who supported me, thank you, but the struggle continues.”

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