Cleveland-Cliffs Steel announced it was idling its tinplate production plant, a move that directly cost 900 people their jobs.
Salena Zito, here.
The passing scene is hilarious, until it careens through the front yard and crashes into my living room.
From the story here:
Manchin’s commitment to staying active in politics, meanwhile, fuels further speculation that he could be considering a presidential run.
“Nothing is off the table,” a source with direct knowledge of Manchin’s plans told NBC News when asked if Manchin is considering a White House bid.
From their website:
Today, April 15, 2021, Tom Suozzi (NY-3), U.S. Representatives Josh Gottheimer (NJ-5), Young Kim (CA-39), and Andrew Garbarino (NY-2) announced the formation of the new bipartisan SALT Caucus to advocate for new tax relief from Congress.
“Our effort to restore the SALT deduction is gaining momentum. Together, Democrats and Republicans alike, we will advocate for the restoration of the SALT deduction and highlight the middle class families who have been unfairly hurt by the cap,” said Rep. Tom Suozzi, SALT Caucus Co-Chair. “The cap on the SALT deduction has been a body blow to New York and middle-class families throughout the country. At the end of the day, we must fix this injustice.”
“We’re formally launching a new bipartisan group — the SALT Caucus — because, for all our Members, and for the tens of thousands of middle class families we represent, it is high time that Congress reinstates the State and Local Tax deduction, so we can get more dollars back in to the pockets of so many struggling families — especially as we recover from this pandemic,” said Rep. Josh Gottheimer, SALT Caucus Co-Chair. “This bipartisan group we’re founding today, with members from coast to coast and across the political spectrum, are all banding together to reinstate the State and Local Tax deduction, to find a way to get this done in Congress, and to actually get tax relief for the hard working middle class families we represent.”
“Hardworking Californians in the 39th District and across my home state have been burdened enough by high state and local taxes. It is estimated that in the 2022 tax year, California’s 39th District will pay on average more than $640 million due to the SALT cap,” said Rep. Young Kim, SALT Caucus Co-Chair. “I am proud to fight for lower taxes for my constituents as Co-Chair of the SALT Caucus and am looking forward to working together to ensure California workers and families can keep more of their hard-earned money.”
“The SALT cap penalizes working class Long Islanders. From firefighters to police officers, to teachers, to nurses, and small business owners, I hear from people every day about what a crushing blow the SALT cap has delivered them. I’m proud to be a Co-Chair of the bipartisan SALT Caucus to fully restore the deduction once and for all,” said Rep. Andrew Garbarino, SALT Caucus Co-Chair.
“A critical component of our overall economic recovery must be the repeal of the state and local tax deduction cap that was imposed by the 2017 tax law,” said Rep. Mikie Sherrill, SALT Caucus Vice Chair. “There is a misconception that the SALT deduction doesn’t help middle class families. But in high cost of living areas like my district, SALT does in fact make a critical difference in helping make ends meet for our middle class residents like teachers and law enforcement officers, who depend on this deduction to afford the high cost of living in our area. To be clear, the 2017 tax bill specifically targeted states and communities like mine that have prioritized key investments in our public schools, living wages for workers, environmental protections, the list goes on. I’m proud to be launching this bipartisan caucus to ensure we deliver a win on this issue for families in New Jersey and across the country.”
“The cap on the state and local tax deduction hurts middle class California families,” said Rep. Katie Porter, SALT Caucus Vice Chair. “During the coronavirus pandemic, our state and local governments have led public health efforts on testing and vaccines—a potent reminder of the important work they do. Restoring the state and local tax deduction, which has been in our tax code since its inception, gives taxpayers and communities the ability to invest in their priorities and levels the playing field across states for federal taxation.”
“Counties are on the front lines of the COVID-19 pandemic, supporting nearly 1,000 hospitals, more than 1,900 public health authorities and other services essential to residents’ safety and well-being. The human and financial impacts of addressing this health and economic emergency are staggering,” said National Association of Counties Executive Director Matthew Chase. “We applaud the formation of this bipartisan caucus committed to repealing the state and local tax deduction cap, which would reinstate our local control of our tax systems and strengthen the ability of our counties and local communities to deliver essential public services, such as emergency response, public health and infrastructure.”
The SALT Caucus leadership consists of:
Co-Chair Tom Suozzi (NY-3)
Co-Chair Josh Gottheimer (NJ-5)
Co-Chair Andrew Garbarino (NY-2)
Co-Chair Young Kim (CA-39)
Bill Pascrell, Jr. (NJ-9), SALT Caucus Vice Chair
Katie Porter (CA-45), SALT Caucus Vice Chair
Mikie Sherrill (NJ-11), SALT Caucus Vice Chair
Jamie Raskin (MD-08), SALT Caucus Vice Chair
Chris Smith (NJ-04), SALT Caucus Vice Chair
Lauren Underwood (IL-14), SALT Caucus Vice Chair
The other founding members of the SALT Caucus include: Reps. Danny Davis, Nicole Malliotakis, Julia Brownley, Judy Chu, Lee Zeldin, Michelle Steel, Mike Levin, Jimmy Panetta, Jimmy Gomez, Brian Higgins, Jerry Nadler, Tom Malinowski, Jeff Van Drew, Alan Lowenthal, Anna Eshoo, Andy Kim, Ted Lieu, Brad Schneider, John Larson, Eleanor Holmes Norton, Mike Garcia, and Gregory Meeks.
Meanwhile Sean Hannity on the radio is talking about anything but.
FEDS COLLECT RECORD TAXES... ^
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FEDS COLLECT RECORD TAXES... ^
Democrats estimated that the proposed changes to the carried interest rules would have raised $14 billion over 10 years.
They're coming for YOU.
The IRS spent $13.7 billion last year.
The Manchin bill gives the IRS an additional $79.6 billion over ten years:
. . . it will take time to phase in the added IRS funding . . .
CNBC says you WANTED this:
More than two-thirds of registered voters support boosting the IRS budget . . .
LOL, are YOU ever going to get it, good and hard.
Trump: Dems Played McConnell "Like a Fiddle" on Reconciliation Bill
Trump should just shut his yap already and GO AWAY!
Trump raising taxes on rich coastal elites and Democrats never doing anything about it after running on a promise to do so will never not be funny.
House Dems Drop SALT Pledges To Back Manchin Bill
Democrats and Republicans have forcefully disputed whether the Inflation Reduction Act would raise taxes on middle-class households making less than $400,000, which would violate a core Biden pledge. The non-partisan Joint Committee on Taxation, found that the measure would raise $16.7 billion on taxpayers making less than $200,000 in 2023.
Josh Gottheimer NJ-5 |
Mikie Sherrill NJ-11 |
Tom Suozzi NY-3 |
Katie Porter CA-45 |
Mike Levin CA |
Tom Malinowski NJ-7 |
Josh Harder CA-10 |
Julia Brownley CA-26 |
However, some groups more strongly condemned the support for fossil fuel projects in the agreement, specifically provisions that would mandate new oil and gas leasing in the Gulf of Mexico and Alaska. Manchin, who comes from the coal-rich West Virginia, has argued that drilling in these areas is neccesary for the country’s energy independence.
More.
Let's hope Blue Dog Joe is made of stronger stuff than Bart Stupak and stands firm on the fossil fuel provisions. Stupak famously flamed out in 2010 when he helped pass Obamacare under reconciliation even though it omitted Hyde Amendment provisions prohibiting federal funding of abortion which he had insisted he supported and had to be in the bill.
After redistricting, both members chose to compete in the 2nd District. Trump endorsed Mooney in the race, but the consolidated district, spanning the northern half of the state, includes more areas currently represented by McKinley. But Mooney’s Trump endorsement appeared to overcome McKinley's structural advantage in the district.
More.
Senator Manchin, call your office.
She's an Obama administration retread.
Ya think?
Last year's spending was an ORGY, and along comes this guy suggesting we take a break and he's public enemy numero uno to Democrats and the picture of conservatism to admiring Republicans.
We are so screwed.
From the story:
The bill was opposed in the House by almost all Republicans, and by six far-left Democrats who were outmaneuvered by thirteen moderate Republicans who threw their support to the plan, which 19 Republican US Senators had voted for earlier this summer.
The House progressives had insisted that the infrastructure plan be voted on together with Biden's social spending plan in order to force moderate Democrats to go along with the latter. The House Republican votes for the Senate bill ended up thwarting that linkage, making it even more likely that the House version of the social spending plan will have to be much less ambitious.
A small group of House Democrats have insisted the Congressional Budget Office score the impact of the separate social spending plan, which would have been standard operating procedure under Republicans but which Democrats under Pelosi have been avoiding until now. They don't give a damn about the true costs. They've even claimed absurdly a $3.5 trillion social spending plan will cost NOTHING. Ha ha ha ha ha.
That ranks among the most shameless attempts to change reality through a talking point ever attempted.
Whatever comes out of the House on that will face the hard scrutiny of Democrat Senators Manchin and Sinema regardless.
The bipartisan bill would reauthorize surface transportation and water programs for five years, adding $550 billion in new spending.
It includes $110 billion for roads, bridges and major projects; $39 billion for transit and $66 billion for rail; $65 billion for broadband; $65 billion for the electric grid; $55 billion to upgrade water infrastructure and $25 billion for airports.
WaPo:
The bill includes more than $110 billion to replace and repair roads, bridges and highways, and $66 billion to boost rail, making it the most substantial such investment in the country’s passenger and commercial network since the creation of Amtrak about half a century ago. Lawmakers provided $55 billion to improve the nation’s water supply and replace lead pipes, $60 billion to modernize the power grid and billions in additional sums to expand speedy Internet access nationwide.
Many of the investments aim to promote green energy and combat some of the country’s worst sources of pollution. At Biden’s behest, for example, lawmakers approved $7.5 billion to build out a national network of vehicle charging stations. Reflecting the deadly, costly consequences of global warming, the package also allocates another roughly $50 billion to respond to emergencies including droughts, wildfires and major storms.