Showing posts with label BIDEN STIMULUS PACKAGE. Show all posts
Showing posts with label BIDEN STIMULUS PACKAGE. Show all posts

March 11, 2021

 

Congress gave final approval on Wednesday to President Biden’s sweeping, nearly $1.9 trillion stimulus package, as Democrats acted over unified Republican opposition to push through an emergency pandemic aid plan that carries out a vast expansion of the country’s social safety net.

By a vote of 220 to 211, the House sent the measure to Mr. Biden for his signature, cementing one of the largest injections of federal aid since the Great Depression. It would provide another round of direct payments for Americans, an extension of federal jobless benefits and billions of dollars to distribute coronavirus vaccines and provide relief for schools, states, tribal governments and small businesses struggling during the pandemic.

The bill is estimated to slash poverty by a third this year and potentially cut child poverty in half, with expansions of tax credits, food aid and rental and mortgage assistance.

While Republicans argued the plan, whose final cost was estimated at $1.856 trillion, was bloated and unaffordable, surveys indicate that it has widespread support among Americans, with 70 percent of Americans favoring it in a Pew Research Center poll released this week.

Mr. Biden and congressional Democrats planned an elaborate effort to promote it throughout the country, seeking to highlight an array of measures including tax credits for children and enhanced unemployment aid through Labor Day. The effort will begin on Thursday with a prime-time address by Mr. Biden, and congressional Democrats have already fanned out for scores of events in their states and districts to take credit for the legislation.

The campaign is intended to build support for provisions they hope to make permanent in the years to come, and to punish Republicans politically for failing to support it.

January 31, 2021

Is the Republican Party sliding toward a full-on embrace of authoritarianism?

 


HEATHER COX RICHARDSON

Across the country, Republican-dominated legislatures are trying to suppress the voting that led to the high voter turnout that fueled Democratic victories in 2020. According to the Brennan Center, which tracks voting rights, 28 states have put forward more than 100 bills to limit voting. Arizona, Georgia, and Pennsylvania, whose voters chose Biden this year after going for Trump in 2016, all have introduced plans to lower voting rates. So have other states like Texas, which have voted Republican in recent years but show signs of turning blue.

Former president Trump’s exit and ban from his favorite social media outlets has left a vacuum that younger politicians imitating Trump’s style are eager to fill by rallying people to the former president’s standard.


Notably, Representatives Matt Gaetz (R-FL) and Marjorie Taylor Greene (R-GA) have tried to step into the former president’s media space by behaving outrageously and becoming his acolytes. Gaetz last week traveled to Wyoming to attack Representative Liz Cheney (R-WY), the third most powerful Republican in the House, for her vote in support of Trump’s impeachment. Not to be outdone, yesterday Greene tweeted that she had spoken to Trump and has his support, although neither her camp nor his would comment on her statement.

Republican state parties have also thrown in their lot with the former president. In Arizona, the state party voted to censure former Senator Jeff Flake, the late Senator John McCain’s wife Cindy, and Governor Doug Ducey for criticizing the former president. In South Carolina, the state party formally censured Representative Tom Rice for voting to impeach Trump, and Republican lawmakers are starting to consider stripping Cheney of her party position, a development that led former President George W. Bush to indicate his support for her this weekend. She has already drawn a primary challenger.

The former president would like to solidify power over the party, but he has his own problems right now. The top five lawyers in his team defending him against the article of impeachment in his Senate trial all quit this weekend. Trump apparently wanted them to argue that the attack on the Capitol was justified because Democrats stole the election from him. Recognizing that this is pure fantasy which could put them in legal jeopardy, the lawyers instead wanted to argue that it is unconstitutional to try a former president on charges of impeachment.

Tonight, Trump’s office announced that David Schoen and Bruce L. Castor, Jr., will lead his defense. Schoen represented Trump advisor Roger Stone when he challenged his convictions; Castor was the district attorney who promised actor Bill Cosby he would not be prosecuted for indecent assault. The impeachment trial is scheduled to start on February 9.

But, there are also signs that some Republicans have finally had enough of their party’s march toward authoritarianism, especially as pro-Trump Republicans grab headlines for their outrageous behavior, including shutting down a mass vaccination effort at Dodger Stadium in Los Angeles for about an hour yesterday.

Representative Adam Kinzinger (R-IL), a 2010 Tea Partier but now one of the ten Republicans in the House to vote in favor of impeachment, told Anthony Fisher of Business Insider that “My dad’s cousins sent me a petition — a certified letter — saying they disowned me because I’m in ‘the devil’s army’ now….”

Kinzinger announced today that he has started a political action committee (PAC) to finance a challenge to Trump’s takeover of the Republican Party. Calling Trump’s loyalists in the Republican caucus “political terrorists,” Kinzinger said in the video launching the PAC, “Republicans must say enough is enough. It’s time to unplug the outrage machine, reject the politics of personality, and cast aside the conspiracy theories and the rage.”

It also appears to be sinking in to Republicans that momentum is on the side of the Democrats. Biden’s executive actions have generally been popular, and his support for workers threatens to shift a key constituency from the Republicans to the Democrats.

Biden’s $1.9 trillion coronavirus proposal offers to give to ordinary Americans, hurting badly from the coronavirus recession, the kind of government attention that has lately gone to wealthier Americans. Among other things, it calls for $1400 stimulus payments, extends unemployment benefits, provides funds for state and local governments, and establishes a higher minimum wage. While Biden has said repeatedly that he would like Republican support for this measure, the Democrats have enough votes to pass a version of it without Republican support.

This would put Republicans in the position of voting against a measure that promises to be popular, and at least ten Republican senators would prefer not to do that. Today, they offered their own $600 billion counterproposal, [insufficient as it is, it may have only been an initial bargaining offer-Esco], and asked for a meeting with President Biden to discuss it.

In their letter to the president, they hinted that they think the nation has devoted enough money to the economic crisis already, noting that there is still money unspent from the previous coronavirus packages. 

In the Washington Post, James Downie noted that the proposal cuts stimulus checks down to $1000, cuts supplemental unemployment insurance, gives no local or state aid, and kills the minimum wage increase.

When asked why Democrats should compromise rather than go ahead without them, as Republicans repeatedly did when they held the majority, Senator Bill Cassidy (R-LA) and Senator Rob Portman (R-OH) told “Fox News Sunday” and CNN’s “State of the Union,” respectively, that Biden should honor his call for unity and that refusing to do so would kill future hopes for bipartisanship.

In an article in The Guardian today, former U.S. Secretary of Labor Robert Reich dismissed Republican concerns about the national debt, noting that if they were worried about it, they could just tax the very wealthy. “The total wealth of America’s 660 billionaires has grown by… $1.1 [trillion] since the start of the pandemic, a 40% increase,” he noted. Those billionaires could fund almost all of Biden’s proposal and still be as rich as they were before the pandemic hit.

Reich suggested that “[t]he real reason Republicans want to block Biden is they fear his plans will work.” A successful government response to coronavirus, the economic crisis, inequality, the climate crisis, and poverty would devastate modern-day Republicans’ insistence that the solution to every problem is tax cuts and private enterprise. If Biden’s plans succeed, Reich wrote, Americans’ faith in government, and in our democracy, will be restored.

Tonight, White House Press Secretary Jen Psaki announced that Biden has spoken with Senator Susan Collins (R-ME) and has invited her and the other nine signers of the letter to the White House (we later learned they will meet tomorrow).

But Psaki’s statement did not give ground. It reiterated the need for fast action, and noted that “$1400 relief checks, a substantial investment in fighting COVID and schools, aid to small businesses and hurting families, and funds to keep first responders on the job (and more) – is badly needed. As leading economists have said, the danger now is not in doing too much: it is in doing too little. Americans of both parties are looking to their leaders to meet the moment.”

January 15, 2021

Biden urges Congress to pass large recovery package

 

Jim Watson / AFP via Getty Images

VOX
  • Joe Biden revealed his opening offer for a stimulus bill Thursday in an ambitious, $1.9 trillion proposal that targets the three main planks of his recovery strategy: Covid-19 response aid, direct relief for families, and funding for communities and businesses. [Vox / Emily Stewart]
  • The rescue plan, which Biden is pitching as half of a “rescue and recovery” program, is expected to be matched in price by its follow-up, which has yet to be announced. [Yahoo! News / Brittany Shepard]
  • Noting the high cost, Biden said in his speech that “the health of the nation is at stake,” mandating a significant response. Both progressive organizations and the US Chamber of Commerce expressed initial support for the plan. [The New York Times / Jim Tankersly and Michael Crowley]
  • Biden is asking for $20 billion to create a free national vaccination program, $50 billion for testing and the creation of a 100,000 worker-strong public health care force, focusing on overwhelmed areas including tribal lands, prisons, and nursing homes. [CNN / Tami Luhby and Katie Lobosco]
  • For direct relief, he is proposing $1,400 direct stimulus payments to bring the total to $2,000 after the $600 payments authorized by Congress last month, fulfilling a Georgia campaign promise. [The Guardian / Maanvi Singh]
  • The plan also include $400 weekly unemployment supplements, food and housing assistance, and some bones for progressives, including a $15 federal minimum wage, expanded child tax care credits, and emergency child care funds. [The New York Times / Jeanne Smialek]
  • Biden wants $350 billion in funding for localities and states, as well as $50 billion in loans and grants to small businesses. [Vox]
  • The final proposal will look different, but don’t expect Democrats to wait long for bipartisan approval. While they will give Republicans an opportunity to negotiate, Democrats want a quick deal and have slim majorities in both chambers to pass it without the GOP. [Politico / Alice Miranda Ollstein and Adam Cancryn]
  • In 2008, President Obama kept his stimulus under $1 trillion to try and earn Republican votes and avoid cost criticism. Another recession and a pandemic later, Biden clearly has no such qualms, and faces pressure on his left to go even bigger. [The Washington Post / James Hohmann]
  • The urgency around a new relief package is compounded by the worsening state of the pandemic. Thursday saw a new daily record for coronavirus deaths as well as the highest unemployment figures since August. [The Washington Post / Erica Werner and Jeff Stein]
  • HEATHER COX RICHARDSO
Biden’s plan is far larger than a way to address our current crisis. It outlines a vision for America that reaches back to an older time, when both parties shared the idea that the government had a role to play in the economy, regulating business, providing a basic social safety net, and promoting infrastructure.
Franklin D. Roosevelt, president of the United States of America, is photographed on. Nov. 9, 1932.

That vision was at the heart of the New Deal, ushered in by Democrat Franklin Delano Roosevelt after the Great Crash of 1929 and the Depression that followed it illustrated that the American economy needed a referee to keep the wealthy playing by the rules. Government intervention proved so successful and so popular that the Republican Party, which had initially recoiled from what its leaders incorrectly insisted was communism, by 1952 had adopted the idea of an activist government. Republican President Dwight Eisenhower added the Department of Health, Education, and Welfare to the Cabinet on April 11, 1953, and in 1956 signed into law the Federal-Aid Highway Act, which began the construction of 41,000 miles of interstate highways.

While this system was enormously popular, reactionary Republicans hated business regulation, the incursion of the federal government into lucrative infrastructure fields, and the taxes it took to pay for the new programs (the top marginal tax rate in the 1950s was 91%). They launched a movement to end what was popularly known as the “liberal consensus”: the idea that the government should take an active role in keeping the economic playing field level.  

The liberal consensus was widely popular, these “Movement Conservatives” turned to the issue of race to break it. After the Supreme Court unanimously declared racial segregation in schools unconstitutional in the 1954 Brown vs. Board of Education decision, Movement Conservatives warned that an active government was not defending equality but redistributing the tax dollars of hardworking white men to grasping minorities through social programs.

By 1980, Movement Conservatives were gaining power in the Republican Party by calling for tax cuts and smaller government, slashing regulations and domestic programs even as they poured money into the military and their tax cuts began moving money upward. By the 1990s, Movement Conservatives had gained the upper hand in the party and, determined to take the government back to the days before the New Deal, were systematically purging it of what they called “RINOs”—Republicans in Name Only. They would, they said, make the government small enough to drown it in a bathtub.

As they dragged the country toward the right, Republicans pulled the Democrats from the New Deal toward reforms Democratic lawmakers hoped could attract the voters they had lost to the Republicans. “The era of big government is over,” President Bill Clinton famously said, although he continued to protect Social Security, Medicare, and Medicaid from Republican cuts.

The Democratic defense of an active government was popular—people actually like government regulation, social welfare programs, and roads and bridges. But Republicans continued to be determined to get rid of the liberal consensus once and for all, insisting that true liberty would free individuals to organize a booming economy. Trump’s administration was the culmination of two generations of Republican attempts to dismantle the New Deal state.

But now, the dangers of gutting our government and empowering private business to extremes have become only too clear. For four years, we have watched as a few privileged business leaders got rid of career government employees and handed their jobs to lackeys. The result has been a raging pandemic and a devastating economic collapse, as money has moved dramatically upward. Even before the pandemic, the Trump administration had added 50% to the national debt despite cuts to domestic programs. In the 2020 election, Trump offered more of the same. Americans rejected him and chose Biden.

Biden’s speech tonight marked a resurrection of the idea of an activist government as a positive good. He is calling for the government to invest in ordinary Americans rather than in the people at the top of the economy, and is openly calling for higher taxes on the wealthy to fund such investment. “Asking everyone to pay their fair share at the top so we can make permanent investments to rescue and rebuild America is the right thing for our economy,” he said. Unlike the New Dealers and Eisenhower Republicans of the mid-20th century, though, Biden’s vision is not centered on ensuring that a white man can take care of his family. It is centered on guaranteeing a fair economy for all, focusing on an idea of community that highlights the needs of women and children.

The idea of a government that supports ordinary Americans rather than the wealthy was first articulated by Abraham Lincoln in 1859 and was the system the Republicans first put in place during the Civil War. They paid for the programs with our first national taxes, including an income tax. After industrialists cut back that original system, Republican Theodore Roosevelt brought it back, and after it lapsed again in the 1920s, his Democratic cousin Franklin rebuilt it in such a profound way that it shaped modern America. With that system now on the verge of destruction yet again, Biden is making a bid to bring it back to life in a new form.