Democratic hopefuls steer clear of Biden student loan plan

Democratic hopefuls steer clear of Biden student loan plan

This post was originally published on this siteSeveral Democratic candidates in tough Senate races are treading carefully when it comes to President Biden’s decision to cancel student loans for millions of borrowers, with some distancing themselves from the new White House plan that has quickly became a major campaign issue....

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Talk of street violence and ‘semi-fascism’ turns up midterm election heat

Talk of street violence and ‘semi-fascism’ turns up midterm election heat

This post was originally published on this siteAmerica’s political climate is hitting a late summer boiling point, as a leading GOP senator warns of street violence if Donald Trump is indicted and President Joe Biden charges that his predecessor’s party is consumed by “semi-fascism.”

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Democrats peg inflation to corporate greed on campaign trail

Democrats peg inflation to corporate greed on campaign trail

This post was originally published on this siteDemocrats are vowing to crack down on corporate greed and price gouging on the campaign trail as the party aims to quell voters’ concerns over decades-high inflation. Economists widely view supply and demand as the driving force behind the cost of goods and...

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Will Republican calls to ‘defund the FBI’ boost Democrats in midterm races?

Will Republican calls to ‘defund the FBI’ boost Democrats in midterm races?

This post was originally published on this site‘Defund the FBI’ slogans have created a new line of attack for President Biden and Democrats ahead of the midterm elections.     

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DNC launching 7-figure ad buy to highlight Democrats’ efforts to lower costs

DNC launching 7-figure ad buy to highlight Democrats’ efforts to lower costs

This post was originally published on this siteThe Democratic National Committee is launching a new seven-figure TV and other media ad buy aimed at touting Democratic efforts to lower costs amid high inflation, highlighting recent victories including the signing of the climate, health care and tax bill earlier this week.

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Dems mount $10M ad campaign to sell landmark law — and skirt a November wipeout

Dems mount $10M ad campaign to sell landmark law — and skirt a November wipeout

This post was originally published on this siteDemocrats passed their landmark legislation in time for the midterms. Now they need to sell it to voters — and the first phase of that effort is taking shape. In plans shared first with POLITICO, a trio of Democratic groups — Climate Power,...

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Democrats Are Celebrating a Climate Win. But Fewer Americans Say They Care About Climate Change Than Just Three Years Ago.

Democrats Are Celebrating a Climate Win. But Fewer Americans Say They Care About Climate Change Than Just Three Years Ago.

This post was originally published on this site As Democrats take a victory lap after passing a bill that spends nearly $400 billion on green energy initiatives, Americans say they are less concerned about climate change than they were three years ago. Only 35 percent of adults are “extremely or...

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Democrats seek edge with women as Michigan prepares to vote on abortion

Democrats seek edge with women as Michigan prepares to vote on abortion

This post was originally published on this siteThe purple state with competitive races for governor and Congress is shaping up as one of the most politically consequential battlefronts in a larger fight.

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Democrats in tough races celebrate new party-line bill, vowing lower drug costs

Democrats in tough races celebrate new party-line bill, vowing lower drug costs

This post was originally published on this siteDemocrats in competitive election races were quick to tout their sweeping new climate and economic package after it passed the Senate on Sunday in a party-line

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Democrats are working to get Sen. Kyrsten Sinema to yes on Manchin-backed climate, health, and tax bill

Democrats are working to get Sen. Kyrsten Sinema to yes on Manchin-backed climate, health, and tax bill

As Senate Democrats prepare to start voting on their in-progress climate, health care, and tax package this week, they are facing two big wild cards: the Senate parliamentarian and Sen. Kyrsten Sinema (D-Ariz.), the only member of the Democratic caucus who has not publicly backed the legislation. 
The package, the Inflation Reduction Act, is designed to cut prescription drug costs, incentivize people to buy electric vehicles, increase energy production from green and petroleum sources, and make the tax code fairer by closing off ways for profitable corporations and wealthy individuals to evade paying federal taxes. The Congressional Budget Office estimated Wednesday that the legislation would reduce federal deficits by $101.5 billion to $305 billion over a decade. 
The parliamentarian is poring through the bill, looking for provisions that run afoul of the rules guiding the budget reconciliation process Democrats are using to sidestep a Republican filibuster. She could rule that certain parts of the bill, like the $35 cap on insulin, have a significant effect on federal spending, revenues, and debt, Politico reports. Sinema, The New York Times adds, “has remained a tight-lipped enigma,” though Democrats say they are communicating with her on the legislation in private. Republicans and business interests are, too.
Behind the scenes, Sinema is seeking changes to some of the tax provisions and wants $5 billion in drought resiliency funds, a priority for her home state of Arizona, Politico and the Times report. She reportedly wants to scrap a provision that would close the “carried interest loophole” used by hedge fund and private equity mangers to pay lower taxes on fees their clients pay them, cutting about $14 billion of the bill’s $739 billion in new funding. Democrats are unsure where she stands on a second provision that would ensure large, profitable corporations pay at least 15 percent in federal taxes. 
Sinema is making “a relatively modest ask in the grand scheme of the legislation,” Politico reports, but it could still upset the careful deal worked out between Senate Majority Leader Chuck Schumer (D-N.Y.) and Sen. Joe Manchin (D-W.Va.), the Senate’s other committed centrist. All 50 Democrats have to stick together to pass the legislation in the evenly divided Senate.

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