[ Posted Wednesday, September 27th, 2017 – 17:05 UTC ]
The Alternative Minimum Tax (as Rodney Dangerfield might have put it) don't get no respect. Few who don't pay it have ever even heard of it. Those who do pay it hate it. The A.M.T. has no real champions among the political class, because there are so many other facets of tax policy to get worked up about. Take the estate tax, for instance -- a tax only paid at death, but one with a rousing political chorus on both sides (Republicans scornfully refer to it as the "death tax"). The estate tax gets some respect in Washington, both pro and anti. The A.M.T., not so much. But it should get a whole lot more attention now that the GOP has released their new tax-cutting outline. Because Donald Trump is effectively trying to cut his own taxes by a whopping 81 percent -- and, really, that's just the minimum tax break Trump would receive.
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[ Posted Tuesday, September 26th, 2017 – 16:51 UTC ]
Since football and politics collided on the gridiron last weekend, it now must officially be considered "football metaphor season." So, to get in the spirit: Republicans in Congress are facing third down with a long way to go, right before the end of the first half.
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[ Posted Friday, September 22nd, 2017 – 17:28 UTC ]
The zombie legislation attacks (again)! While much else was going on in the political world this week, the most important event was the reanimation of the Republican "repeal and replace Obamacare" effort: It's not dead! It's alive! And it's lurching around threatening millions!
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[ Posted Thursday, September 21st, 2017 – 17:24 UTC ]
Sisyphus, according to Wikipedia, was "punished for his self-aggrandizing craftiness and deceitfulness" by Zeus. Sisyphus was subjected to the eternal torture of pushing a heavy bolder up a steep hill, only to watch it roll back down again -- "an eternity of useless efforts and unending frustration." Sounds pretty familiar to anyone who has paid attention to the Republican "repeal and replace Obamacare" efforts all year long, doesn't it?
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[ Posted Monday, September 18th, 2017 – 17:26 UTC ]
The Republicans are getting ready to unveil their tax-cutting plan. Reportedly, Treasury Secretary Steve Mnuchin has been meeting with congressional GOP leaders to come up with a plan both the White House and congressional Republicans can get behind. So far, they've been fairly secretive about this effort, because no matter what they decide they're bound to annoy at least one faction of their own party. To say nothing of Democrats, or the public at large.
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[ Posted Friday, September 15th, 2017 – 17:27 UTC ]
As is true during most weeks of the Trump administration, a whole lot happened in the political world last week. But most of it was completely overshadowed by the game of "Deal, or no deal?" that Trump was playing. For the second week in a row, President Donald Trump shocked the leadership of his own party by sitting down and (quite literally) breaking bread with Democrats. Yes, Donnie had Chuck and Nancy over for dinner, and Washington hasn't been quite the same since.
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[ Posted Wednesday, September 13th, 2017 – 17:50 UTC ]
Senator Bernie Sanders unveiled his single-payer "Medicare For All" plan today, and so far he's already got 15 Democratic co-sponsors. More may soon add their names to this list. The plan is -- as any such plan has to be, right now -- merely aspirational, since there is no way it will ever even get a Senate floor vote with Republicans controlling the chamber. Bernie's bill also punted completely on the crucial questions: "How much will it cost, and how will we pay for it?" -- something many will take him to task for (as indeed I already pre-emptively did). But even having said all of that, Bernie's Medicare For All bill sets a very important marker for the debate to come, whether that debate takes a few years or longer. Because Bernie has -- with his bill and also with his relentless championing of the issue both during the 2016 campaign and since -- successfully moved the "Overton window" on single-payer healthcare in the United States.
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[ Posted Monday, September 11th, 2017 – 16:47 UTC ]
In two days, Senator Bernie Sanders is going to introduce a single-payer healthcare bill in the Senate. This bill already has the support of some major Democratic senators, and it will move the single-payer debate further forward than any other legislative effort to date. But it will also move the debate from the abstract to the concrete, if Bernie's bill provides the proper level of detail. Because average Americans are going to be considering the concept through the filter of: "How is this going to affect my pocketbook?" Democratic supporters need to be ready with solid, easy-to-understand answers to this basic question. Hopefully, Sanders will provide these answers on Wednesday, so the public can truly begin to make an informed choice on the matter.
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[ Posted Friday, September 8th, 2017 – 17:20 UTC ]
We cannot claim originality for that subtitle. It's taken from Republican Senator Ben Sasse, from when he was speaking out against the deal President Donald Trump cut this week with Chuck Schumer and Nancy Pelosi: "Yesterday we saw Washington's swamp continue to rise: Chuck Schumer wrote The Art Of The Steal by taking hurricane relief hostage to guarantee a December showdown that favors Democratic spending priorities." We thought it was the best description of the stunning events of this week in Washington, so we decided to use it (with attribution, of course). "The art of the steal" pretty much sums up how Trump and "Chuck and Nancy" brutally cut the legs out from under the entire Republican Party in Congress.
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[ Posted Wednesday, September 6th, 2017 – 16:57 UTC ]
Congress has returned to Washington after a monthlong vacation, and they've got their work cut out for them in September. Deadlines at the end of the month loom, and the consequences of inaction are very real, from a default on the United States' debt to a government shutdown. Which means Congress is going to have one of those rare months where they have to actually get some stuff done. But the best guess of how it will all play out is that Congress will engage in a whole lot of kicking the cans down the road rather than fundamentally solving any big problems.
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