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Thursday, May 19, 2022

‘Squad’ Socialists Silent On Major Tax Loophole Helping Richest Americans

The most prominent left-wing members of the Democratic Party have recently been silent on a key tax provision that benefits some of the wealthiest Americans and is not addressed by the Build Back Better package.The carried-interest rate, long a target of the left, allows individuals working in the financial industry to pay a lower tax…

Moderate Democrats Claim Victory On SALT Tax Cut In Reconciliation Package

The state and local tax (SALT) deduction cap will be eliminated for five years as part of the Build Back Better social spending package, according to multiple reports.“Great news! Here come tax cuts for New Jersey families! Reinstating the State and Local Tax (SALT) deduction will be in the final legislative package. Now, we need…

Joe Manchin Rips ‘Out of Stater’ Bernie Sanders for Penning a Pro-Reconciliation Article in...

The ongoing feud between moderate Sen. Joe Manchin (D-WV) and socialist Sen. Bernie Sanders (I-VT) heated up this week when Manchin blasted the “out of stater” Sanders for touting President Biden’s “Build Back Better” agenda in a West Virginia op-ed. On Friday, the Charleston Gazette-Mail published a piece authored by Bernie Sanders in which he hailed…

Report: Network News Airs Democrats’ Messaging on Budget Debate 7x More than Republicans’

Drew Angerer/Getty Images A report from NewsBusters indicated establishment news networks favor airing Democrat voices by seven times more than Republicans’ when airing segments on President Joe Biden’s radical spending plan. “Is there any surprise our national debt keeps climbing when the voices calling for fiscal responsibility are almost completely drowned out by the national…

Democrat Support for $3.5 Trillion Infrastructure Bill Falters

Sen. Mark Warner (D-VA) said Sunday he cannot support the $3.5 trillion infrastructure bill in its current form. Warner, a member of the Senate Budget Committee, told Axios the proposal falls short in its effort to alleviate alleged racial inequalities in housing. The Virginia Democrat seeks to add more funding for housing assistance. “As currently…

‘Don’t Make This A Bernie Sanders Vs Joe Manchin Issue’: Sanders Pushes Back On...

Democratic socialist Vermont Sen. Bernie Sanders pushed back Sunday on CNN anchor Dana Bash, telling her not to pit him against Democratic West Virginia Sen. Joe Manchin.Sanders joined Bash on “State of the Union” to discuss the $3.5 trillion budget reconciliation package that Manchin has said repeatedly he could not support. (RELATED: ‘Hell No, Bernie’:…
senate-republicans-block-bipartisan-infrastructure-deal-because-bill-text-not-yet-written

Senate Republicans Block Bipartisan Infrastructure Deal Because Bill Text Not Yet Written

Senate Republicans blocked the bipartisan $570 billion infrastructure deal Wednesday because the text of the legislation was not ready to study. The 49-51 vote fell short of the 60 needed to advance a bill. Senate Minority Leader Chuck Schumer (D-NY) switched his vote to allow “him to bring it back up for a second vote” next week if…
bernie-sanders:-democrats-will-‘do-the-best-we-can’-to-slip-amnesty-in-budget

Bernie Sanders: Democrats Will ‘Do the Best We Can’ to Slip Amnesty in Budget

Senate Democrats are trying as hard as possible to slip an expansive amnesty for millions of illegal aliens into a budget plan that would only need majority support and face no threat of the filibuster, Sen. Bernie Sanders (I-VT) says. For months, Senate Democrats have eyed using the little-known reconciliation process to jam an amnesty…
sen.-ted-cruz:-i-want-to-see-sanders,-warren,-aoc-get-on-a-raft-and-sail-to-‘socialist-paradise’-cuba

Sen. Ted Cruz: I Want to See Sanders, Warren, AOC Get on a Raft...

Sen. Ted Cruz (R-TX) railed against communists during a speech at Turning Point USA’s Student Action Summit on Sunday, noting that people only seem to flee communist-run countries for America, not the other way around. Cruz, who is Cuban American, said: [T]he thing that liberals never seem to understand if you go down to Key…
sanders:-$3.5-trillion-spending-bill-won’t-add-to-inflation-since-its-paid-for-‘significantly-by-higher-taxes’

Sanders: $3.5 Trillion Spending Bill Won’t Add to Inflation Since Its Paid for ‘Significantly...

On Wednesday’s broadcast of CNN’s “Situation Room,” Senate Budget Committee Chairman Bernie Sanders (I-VT) argued that the $3.5 trillion spending bill won’t add to inflation issues because it will be paid for “significantly by higher taxes on the wealthy and large corporations.” Sanders said, “I am concerned about inflation, among many other things. As I…
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