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    If Democrats return to centrism, they are doomed to lose against Trump | Samuel Moyn

    OpinionJoe BidenIf Democrats return to centrism, they are doomed to lose against TrumpSamuel MoynBiden was once touted as the ‘New FDR’. That ambition is fast dying – as are Democrats hopes of remaining in power Mon 8 Nov 2021 08.56 ESTLast modified on Mon 8 Nov 2021 15.52 ESTCongress’s passage on Friday of Joe Biden’s infrastructure bill would ordinarily have been a cause for celebration. But there is a good chance it was the beginning of the end of his presidency. After all, the bill’s final days marked a new consensus around a centrist set of economic remedies, chosen out of fears of what will supposedly happen when progressives with a transformative agenda exercise too much influence on the Democratic party agenda.Only 10 months ago, Biden came into office with great expectations – but greater terrors. Even more apparent at the start than now, Biden’s presidency has been defined by fear rather than hope. With the assault on the Capitol earlier in the month, the culmination of a four-year deathwatch for American democracy, the emergency could hardly evaporate overnight. With Donald Trump temporarily ousted, his replacement also drew 1930s comparisons. The question “is he or isn’t he?” had been asked of Biden’s predecessor for four years. To redeem the country from the fascist, was Biden going to be Franklin Roosevelt?Like FDR, Biden led Democrats who have rightly stressed economic transformation for the sake of the poor and vulnerable but also for the angry and disaffected voters of the stagnating middle. But unlike Roosevelt, Biden’s coalition is fragile and fissures emerged to threaten his success almost from the start – fissures that broke it apart definitively last week even in the midst of Biden’s infrastructure victory.Other causes were forced to the margins along the way. Biden subordinated even critical fixes to American democracy, like reforms of courts and elections, to the economic agenda. As for his immigration policies, which mostly resembled the disgusting ones of prior presidents, they were treated with a partisan silence, provoking rage among the few principled enough to demand fewer cruelties and restrictions no matter who is imposing them. But Biden got a pass because enough agreed with the priority to address the economic reasons for Trump’s breakthrough, which are undeniable.Yet in comparison to Roosevelt’s first “100 days” – which saw 15 major bills and gave the early phase of every presidency its name – Biden’s first 100 days were bogged down. A Covid-19 relief and stimulus bill was passed, adding $1.9tn in emergency spending to the $2.2tn of the first such bill signed by Trump in March 2020. But the real hopes fell on the big-ticket measures for “infrastructure” and welfare that Biden resolved to pursue separately. After all, the American Rescue Plan was only meant to be a temporary stopgap for an American society beset with deeper ills even beyond those that the virus laid bare.The game was on. At first the debate seemed to be about how costly to make the bills and how to fund them. This was especially true for the American Families Plan, which was supposed to take steps towards an American welfare state – including by making relief measures for children in earlier bills permanent. Progressives in Congress, understanding the risks, were lauded for an early victory in August, refusing to back the first narrower infrastructure bill if Democrats abandoned the second more ambitious social spending bill. Centrists tried to tag progressives as the obstructionists. But the mainstream narrative remained that by holding infrastructure hostage, progressives were wisely keeping centrists from returning to form.Even as it became clearer and clearer that the Democratic centrist senators Joe Manchin of West Virginia and Kyrsten Sinema of Arizona, and like-minded Democratic colleagues in the House of Representatives, were doing damage to the ambition of the bills, a breakthrough after generations of Democratic austerity and neoliberalism still seemed possible. Then came the critical event that allowed for the centrist breakthrough last week: the election for Virginia governor last Tuesday.In an electoral shock, Republican Glenn Youngkin won – and, more important, grizzled and uncharismatic Democratic party sage Terry McAuliffe, who had once held the governor’s office, lost. Even though McAuliffe’s reputation for decades has been one of a centrist on economics – he served as Bill Clinton’s campaign chair in the 1990s – centrists scored a narrative victory. Wasn’t it because of progressive excess that voters were turning on the party? “Wokeness derails the Democrats,” one headline ran. Lawmakers in Washington scurried to marginalize progressives by passing the infrastructure bill, with some progressives voting no, and others citing promises that Democrats will still continue on to the welfare measures.The rush to judgment was peculiar. It is not until 2022 that the Democrats will need to show something for themselves, and there was no reason to abandon the social spending plan. Suddenly, however, progressives holding tough – since some Republicans supported the infrastructure plan – were dispensable.The new narrative was that Youngkin won because of antiracist rhetoric many Democrats have adopted, along with elites branded as “out of touch” by other elite commentators. Centrists saw a golden opportunity to call for a return to their moderation, including in containing spending.In an extraordinary op-ed, the New York Times called for an “honest conversation” about abandoning progressive goals across the board – including the economy, where Americans demand “bipartisan solutions” that respect inflationary risks and refuse to spend very much. The truth was that Americans had gotten bipartisan neoliberalism for decades, but no matter. One Twitter commentator snarkily noted that it was hardly surprising that “the lessons from Tuesday’s election” matched the “ideological goals” neoliberal elites “had before the election and decades before that. What are the odds!”Democrats blew by the possibility that McAuliffe’s failures were mainly his fault, and due less to “critical race theory” that allegedly was already reshaping public education than to an abandonment of parents forced to endure school closures for years (itself an economic issue). Either way, the critical error is assuming that voters rejected progressive economic policies, which are popular across the board.Even before the events the other day, Democrats defined what was in Build Back Better – their slogan and the name of the welfare bill – downwards. Free college was stripped out early, family and medical leave – standard across industrialized democracies for decades – were killed late, and Biden kowtowed to centrists who demanded a more marketized version not just of environmental concern but of funding government across the board, as taxes hikes were reversed. With its fate no longer hostage to infrastructure, in spite of written promises from some centrists that progressives reportedly exacted at the last minute, there is no reason to be optimistic about the final bill’s fate.An infrastructure bill for a country in decay and decline was much needed and has itself eluded Democrats for decades. Though cut in half to win acceptance, its $1tn for a grab bag of spending – much focused on transport – is nothing to trivialize. But rarely in history has a greater looming defeat been snatched from the jaws of a political victory as the other day.In the first year of Biden’s presidency, Democrats agreed that the only alternative to barbarism is, if not socialism, some modicum of economic change. Many agreed that opening acts of Barack Obama’s administration had been fatefully insufficient. Now, despite the lessons of the Obama presidency, Republicans are set to recapture one house of Congress after two years – or both. By contrast, FDR gained seats in both houses after delivering substantive change, and won the presidency three more times.Of course, even if progressives were to secure a welfare package and retain influence in their party, Trump – or an even more popular Republican – could still win the presidency. But this outcome is a near certainty if the Democrats return to centrist form – as seems the likeliest outcome now.
    Samuel Moyn is a professor of law and history at Yale and the author of Not Enough: Human Rights in an Unequal World
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    Biden’s infrastructure success is historic – and sorely needed | Gary Gerstle

    OpinionBiden administrationBiden’s infrastructure success is a historic – and sorely needed – win Gary GerstleInfrastructure bill’s passage opens a path to victory in 2022. Democrats should be encouraged by this breakthrough Mon 8 Nov 2021 06.19 ESTLast modified on Mon 8 Nov 2021 11.08 ESTThe infrastructure deal struck late on Friday evening gave Biden a desperately needed win. It represents an opportunity to regain control of the political narrative that the Afghanistan debacle in August had stripped from his grasp. Since that time, his presidency has taken a series of damaging hits, culminating in the party’s dispiriting losses in Tuesday’s elections. The deal reached between the moderate and progressive wings of the Democratic party had to happen for the party to have any chance of keeping its congressional majorities in 2022.The passage of the billion-dollar-plus infrastructure bill is the largest appropriation of its kind since the Eisenhower Congress gave America its interstate highway system in the 1950s. Infrastructural improvements in the country are urgently needed and, if handled well, will be greeted with enthusiasm by Democrats and Republicans alike. The size of this bill, in combination with Biden’s $1.9tn American Rescue Plan passed last spring, and the likelihood that some version of the social infrastructural bill will pass Congress before the end of the calendar year, puts Biden’s ambition in New Deal-second world war territory. It will quiet critics of the FDR-Biden comparisons, at least for a time.The bill’s passage coincides with encouraging news on the economic and Covid-19 fronts: Friday’s jobs report was better than expected, the virulence of the Delta variant may have peaked, and Pfizer’s report of an effective treatment for those ill with the disease may turn out to have as much significance as the announcement a year ago that vaccines were on their way. Imagine if the Pfizer medicines, by election season 2022, turn Covid infections into nothing worse than a bad cold or the flu. Credit will fall to the Democrats.Friday’s victory is also notable for delivering on Biden’s promise of bipartisanship. Thirteen Republican votes in the House of Representatives hardly constitute a wave but they represent 13 more than the total cast by Republicans for Obama’s Affordable Care Act in 2010. Those 13 yea votes, moreover, breached the rules governing Trump-style politics, which dictate giving opponents no quarter. Trump will not take kindly to hearing reports that “sleepy Joe” has succeeded on infrastructure where the Great Leader himself had failed. It may be that a movement out of the Trump era, if it is to happen, will occur through a series of modest steps rather than through one big bang.It will take days and weeks for full reports of Friday’s tense negotiations to emerge. But already there are two details worth highlighting. First, Black politicians, this time in the form of the Congressional Black Caucus, came to Biden’s rescue much as Jim Clyburn had in the crucial South Carolina primary in February 2020. Nancy Pelosi helped this maneuver along by sending out Joyce Beatty, head of the Congressional Black Caucus, to deliver a message to the progressives that, at this critical moment, they needed to check their legislative utopianism at the door and vote for the infrastructure bill. Biden must take appropriate notice of this Black Caucus intervention, and find ways to reward it.Second, Biden must also understand that the progressives compromised more than the moderates did. For months, the former had pledged to hold up the infrastructure bill until its fraternal twin, the social infrastructural bill known as the Build Back Better Act (BBBA), passed as well. The skillful Pramila Jayapal, head of the House’s Progressive Caucus, extracted the equivalent of sworn oaths from key party moderates to vote for BBBA when it comes up for a vote (as it will) sometime in November. But these moderates will have an escape hatch: If the Congressional Budget Office’s costing of BBBA turns out to be much higher than expected, they will claim that such a “worrisome” estimate relieves them of their solemn obligation to vote yea.Biden and Pelosi cannot allow the moderates to wriggle free in this way. Progressives will regard this as a betrayal, and their willingness to contribute their essential energy and support to the Democrats in 2022 will ebb. Collaboration between progressives and moderates in the Democratic party has rarely been easy. But, historically, the party has made its greatest advances when the alliance has held. To sustain that alliance in this moment, both groups must come out of the current legislative season with a win.Biden must now convert his Capitol Hill accomplishment into economic and technological achievements. He must use his bully pulpit to talk up the virtues of his infrastructure bill. He must demonstrate in concrete terms that work on multiple projects is under way via hiring commencing, diggers breaking ground, cranes sprouting across city skylines, and landscapes transforming. Biden should emulate the success of the New Dealers in using infrastructural initiatives to demonstrate to Americans of all kinds that the federal government was working on their behalf. He doesn’t have a lot of time. He’d help his cause by finding and unleashing his own Harry Hopkins, the irrepressible New Deal administrator who was brilliant at cutting through red tape and moving major infrastructural projects from blueprint to reality.There will be challenges galore: completing environmental impact studies in a timely manner, pushing projects through the country’s balky federal system, honoring principles of diversity in issuing contracts while also overcoming labor shortages stemming from the “great resignation”, to name only a few. But this is also Biden’s opportunity to show that he, not Trump, is the man who knows how to make American great again. The passage of the infrastructure bill opens a path to victory in 2022.
    Gary Gerstle is Mellon Professor of American history at Cambridge and is writing The Rise and Fall of the Neoliberal Order (2022). He is a Guardian US columnist.
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    Republicans slam Biden vaccine rule for businesses as health groups defend it

    US newsRepublicans slam Biden vaccine rule for businesses as health groups defend itDivided reaction to mandate requiring that large companies either vaccinate staff or administer tests mirrors vaccine rollout in US Eric BergerMon 8 Nov 2021 05.00 ESTLast modified on Mon 8 Nov 2021 12.07 ESTBiden administration plans to get US companies with 100 or more workers to vaccinate their staff or bring in regular tests have been welcomed by public health groups but slammed by Republicans and trade groups, who claim government overreach with negative economic consequences.Federal court temporarily blocks Biden’s vaccine mandate for larger businessesRead moreSuch divided reaction to the rules announced last week mirrors much of America’s problematic vaccine rollout, where social and political headwinds have seen vaccination take-up slow down worryingly. US vaccination rates are some of the lowest in industrialized countries where the vaccine is readily available.Subject at least to a temporary stay issued by a circuit court in New Orleans on Saturday, the new rule from the Occupational Safety and Health Administration (Osha) will take effect on 4 January.It requires that large companies either ensure employees have been vaccinated or regularly administer Covid-19 tests and require masks at work for those who refuse to get the shot.The rule will affect an estimated 84 million workers.The Centers for Medicare & Medicaid Services also issued a rule requiring healthcare workers to be vaccinated by the same deadline, with no option for weekly testing rather than vaccination. That will affect 76,000 providers and more than 17 million workers.The administration also extended a deadline for federal contractors to comply with the same sort of rule – vaccination without the testing option – from 8 December to 4 January.“Too many people remain unvaccinated for us to get out of this pandemic for good,” Joe Biden said in a statement.But the rules sparked new backlash from Republican lawmakers and conservative groups who described the measures as unconstitutional. Republican governors or attorneys general in 15 states plan to file lawsuits against the mandate, according to the Associated Press.“This rule is garbage,” South Carolina’s attorney general, Alan Wilson, a Republican, said, according to the AP. “It’s unconstitutional and we will fight it.”Celebrating the Saturday ruling in Louisiana, the state attorney general, Jeff Landry, said: “The president will not impose medical procedures on the American people without the checks and balances afforded by the constitution.”While courts have largely declined to block state and local vaccine mandates, the federal government “has more constraints on it than state and local governments do when it comes to public health and vaccination”, said Lindsay Wiley, a public health law professor at American University.On whether the Osha rule could be overturned, Wiley said: “It’s difficult to predict, in part because the environment has become so politicized.”Plaintiffs could also seek to file lawsuits in circuits with conservative judges appointed by Donald Trump, Wiley said.Lawrence Gostin, a global health law expert at Georgetown Law, tweeted earlier this week that “Biden is on rock-solid legal ground. He’s acting to protect the US workforce and will get us all back to normal sooner.”But groups such as the National Retail Federation (NRF), the country’s largest retail trade group, condemned the Osha rule because they said it places an unreasonable burden on businesses during the holiday season, which for many ventures is the busiest time of the year.The NRF is requesting an extension of the deadlines, though Edwin Egee, a vice-president of the group, did not provide a preferred date.“NRF members have for months taken extraordinary efforts to distribute the vaccine, to incentivize the vaccine. We have been, and will continue to be, very much in favor of the vaccine and its efficacy,” Egee said.Republicans have also warned that the vaccine requirements could cause employees to quit. If faced with a mandate, 11% of the unvaccinated said they would be most likely to get the vaccine and 46% said they would opt for weekly testing, according to an October survey from the Kaiser Family Foundation (KFF). More than a third of unvaccinated workers said they would quit if their employer required them to get a vaccine or get tested weekly. But that amounts to just 5% of all adults in the US.“When we are looking at the bigger picture amongst all adults … it’s a pretty small share of the population,” said Lunna Lopes, senior survey analyst for KFF.There is evidence that workers often opt to get vaccinated rather than lose their jobs. For example, Houston Methodist hospital required 25,000 workers to get a vaccine by 7 June, the Conversation, a non-profit news organization, reported. Before the mandate, about 15% of employees were unvaccinated. By mid-June, that had dropped to 3%.David Michaels, a former Osha chief now a professor of public health at George Washington University, argued the new rules would help businesses who wanted to institute requirements but were constrained by state and local rules or feared litigation.“This actually allows employers to do what they want to do and blame the federal government,” said Michaels, who has advised the Health Action Alliance, a coalition of corporations such as Starbucks and Amazon and non-profits such as the CDC Foundation and the Ad Council aimed at promoting Covid-19 vaccination and prevention.The rules will make the workplaces safer, Michaels said.“The retail industry should give a gift to the American people and start to be supportive of vaccination requirements,” Michaels said. “That’s the only way that we will save lives and return to normalcy. It’s outrageous to ask for an exception to a public health measure.”TopicsUS newsVaccines and immunisationCoronavirusBiden administrationUS politicsUS healthcareUS domestic policynewsReuse this content More

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    Senator behind billionaires tax denounces Elon Musk Twitter poll stunt

    US taxationSenator behind billionaires tax denounces Elon Musk Twitter poll stuntTesla owner offers to sell 10% of shares – as poll demandsRon Wyden has proposed tax to help fund Biden plans Martin Pengelly in New York@MartinPengellySun 7 Nov 2021 14.19 ESTFirst published on Sun 7 Nov 2021 07.45 ESTAfter Elon Musk asked his Twitter followers to vote on whether he should sell 10% of his Tesla stock, the architect of the proposed billionaires tax that prompted the move dismissed the tweet as a stunt.It’s not all about the culture war – Democrats helped shaft the working class | Robert ReichRead more“Whether or not the world’s wealthiest man pays any taxes at all shouldn’t depend on the results of a Twitter poll,” said Ron Wyden, an Oregon Democrat and chair of the Senate finance committee. “It’s time for the billionaires income tax.”When the poll closed on Sunday, nearly 3.5 million people had voted: 58% said Musk should sell the Tesla stock and 42% said he should not.Asked for comment, he tweeted: “I was prepared to accept either outcome.”Musk, who also owns SpaceX, was named by Forbes magazine as the first person worth more than $300bn. Reuters calculated that selling 10% of his Tesla shareholding would raise close to $21bn.Wyden has led Democrats pushing for billionaires to pay taxes when stock prices go up even if they do not sell shares, a concept called “unrealised gains”.Proponents of the tax say it would affect about 700 super-rich Americans, who would thus help pay for Joe Biden’s $1.75tn 10-year public spending proposal, which seeks to boost health and social care and to fund initiatives to tackle the climate crisis.Unveiling his proposal last month, Wyden said: “There are two tax codes in America. The first is mandatory for workers who pay taxes out of every paycheck. The second is voluntary for billionaires who defer paying taxes for years, if not indefinitely.“The billionaires income tax would ensure billionaires pay tax every year, just like working Americans. No working person in America thinks it’s right that they pay their taxes and billionaires don’t.”Musk has a history of controversial behaviour on Twitter. Responding to Wyden’s original proposal, he tweeted: “Eventually, they run out of other people’s money and then they come for you.”On Saturday, he said: “Much is made lately of unrealised gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock. Do you support this?“I will abide by the results of this poll, whichever way it goes. Note, I do not take a cash salary or bonus from anywhere. I only have stock, thus the only way for me to pay taxes personally is to sell stock.”In one response, the Berkeley economist Gabriel Zucman tweeted: “Looking forward to the day when the richest person in the world paying some tax does not depend on a Twitter poll.”When Wyden introduced his proposed billionaires tax, Chuck Marr of the Center on Budget and Policy Priorities, a nonpartisan think tank, used the example of Jeff Bezos, with Musk a competitor for the title of world’s richest person, to explain how the proposal would work.The Amazon founder, Marr said, would contribute to the federal government on the basis of unrealised gains from his stock holdings, worth around $10bn, rather than a declared salary of around $80,000.Citing a bombshell ProPublica report from June this year which showed how little Bezos, Musk and other super-rich Americans pay into federal coffers, Marr titled his analysis: “Why a billionaires tax makes sense – or why the richest people in the country should pay income taxes as if they were the richest people in the country.”Democrats ‘thank God’ for infrastructure win after state election warningsRead moreThe Biden spending plan Wyden wants to help fund, known as Build Back Better, remains held up in Congress. House centrists are demanding nonpartisan analysis of its costs while centrist senators remain opposed to many of its goals.Democrats are also split over the proposed billionaires tax. Among those opposed is Joe Manchin, the senator from West Virginia who with Kyrsten Sinema of Arizona stands in the way of Build Back Better, wielding tremendous power in a chamber split 50-50 and therefore controlled by the casting vote of Vice-President Kamala Harris.Speaking to reporters in October, Manchin said: “Everybody in this country that has been blessed and prospered should pay a patriotic tax.“If you’re to the point where you can use all of the tax forms to your advantage, and you end up with a zero tax-liability but have had a very, very good life and have had a lot of opportunities, there should be a 15% patriotic tax.”TopicsUS taxationElon MuskUS domestic policyBiden administrationUS SenateUS CongressUS politicsnewsReuse this content More

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    Democrats ‘thank God’ for infrastructure win after state election warnings

    Biden administrationDemocrats ‘thank God’ for infrastructure win after state election warnings
    Concerns party will face disaster in midterm elections next year
    Trumpism without Trump: how Republicans won in Virginia
    0Martin Pengelly in New York@MartinPengellySun 7 Nov 2021 10.59 ESTLast modified on Sun 7 Nov 2021 13.56 ESTVoters in Virginia and New Jersey this week sounded a serious warning to Democrats, key players in the Biden administration and Congress said on Sunday: the party needs to get things done or it faces disaster in midterm elections next year.Biden hails ‘monumental step forward’ as Democrats pass infrastructure billRead moreThe energy secretary, Jennifer Granholm, said “we thank God” something was done on Friday night: a $1tn infrastructure deal sent to Joe Biden’s desk by the House.Three days after Democrats lost a race for governor in one state Biden won comfortably and barely held the other, House centrists and progressives managed to come together, with some Republican support.Biden hailed a “monumental step forward” and a “blue-collar blueprint to rebuild America”. He also said “the one message that came across” in Virginia and New Jersey was: “Get something done.”Ron Klain, the White House chief of staff, echoed his boss, telling NBC’s Meet the Press the American people “wanted to see more action in Washington. They wanted to see things move more quickly, and three days later, Congress responded.”But Democrats punted again on the second half of the president’s domestic agenda, the 10-year, $1.75tn Build Back Better package to boost health and social care and to seek to mitigate the impact of the climate crisis.Granholm told CNN’s State of the Union: “I think that the Democrats in the House got the message very loud and clear. Pass the bill and pass the second part too, because these contain things that everyday people care about.“The governor of Michigan, Gretchen Whitmer, ran on the phrase ‘Fix the damn roads’. And that’s what this bill does. It fixes the damn roads. It fixes the bridges. It gets broadband to real people. It fixes your homes so that they’re not leaking energy.”Granholm also said the infrastructure bill did not help with childcare and other “costs of living for real people”. That, she said, is the job of Build Back Better, which now awaits analysis by the Congressional Budget Office, a measure demanded by centrists.The New Jersey centrist Josh Gottheimer told CNN he and his allies wanted to make sure the bill was “fiscally responsible and paid for”. He said he was confidant it would pass but dodged when asked repeatedly if his group would vote no if CBO analysis differed from White House and congressional estimates.In New Jersey, the Democratic governor, Phil Murphy, won by an unexpectedly narrow margin. Taking a page from Donald Trump’s playbook, the Republican Jack Ciattarelli has refused to concede.In Virginia, Terry McAuliffe, a former governor, suffered a devastating defeat by Glenn Youngkin, a businessman who kept Trump at arm’s length while campaigning on culture war issues including the place of race in education.Asked if Youngkin could have been beaten had major legislation been passed in Washington before election day, Mark Warner, a Democratic senator from Virginia, told CNN: “I wish the House would have moved earlier.”Warner also said voters needed to be told what was in the Biden bills, rather than what they cost. The bills’ cost is regularly condemned by Republicans – and by Joe Manchin, the West Virginia Democrat who remains a key obstacle in the Senate.The White House adviser Cedric Richmond told Fox News Sunday Manchin was “a lot more conservative and everybody sees that but he’s been a willing partner to come to the table with constructive dialogue. And we’re confident in where we will go with our Build Back Better framework. We’re optimistic we’re going to get it done. And the truth is we need to get it done.”Richmond also rejected Republican claims that increased spending will add to inflation. Granholm said the administration saw current inflation as “transitory”.Larry Hogan, the governor of Maryland and a Republican moderate with presidential ambitions, told CNN Biden had “nearly snatched defeat from the jaws of victory”.The infrastructure bill “should have been an overwhelming win back in August”, Hogan said. “And I think [Biden] should not have let it get sidetracked by the progressives in the House. I think that was bad for Joe Biden. I think that was reflected in the election results because I think they misread the mandate.Joe Biden’s best hope of retaining power is Trump, the ogre under the bed | Michael CohenRead more“You know, Joe Biden won a very narrow election by winning swing voters and they’re not where the progressive caucus is, I can assure you, and the vast majority of Americans are not for the second bill.”Progressives contend otherwise. In tweets on Saturday, the Washington state congresswoman Pramila Jayapal highlighted news from the Cop26 climate summit in Glasgow and said: “This is EXACTLY why we need the Build Back Better Act. We will deliver climate action – for our communities, future generations, and our planet.”She also retweeted the Rev William Barber, the leader of the Poor People’s Campaign. He said: “My prayer is that Congress will keep its word and vote to pass Build Back Better, because if not, that political betrayal will be a political crime and integrity breach.”Such a failure, Barber said, “would abandon over 140 million poor and low-wealth people who make up 43% of the nation and 30% of the voting population”.That, he said, “could split the Democratic party in ways that may be irreparable”.TopicsBiden administrationUS politicsUS domestic policyDemocratsHouse of RepresentativesUS SenatenewsReuse this content More

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    Elon Musk asks Twitter followers if he should sell 10% of Tesla stock

    Elon MuskElon Musk asks Twitter followers if he should sell 10% of Tesla stockEntrepreneur refers to US proposal for ‘billionaires tax’Nearly 56% of respondents say Musk should sell shares Reuters in New YorkSat 6 Nov 2021 17.38 EDTLast modified on Sat 6 Nov 2021 21.05 EDTElon Musk on Saturday asked his 62.5 million followers on Twitter if he should sell 10% of his Tesla stock.Let them eat space! Elon Musk and the race to end world hunger | Arwa MahdawiRead more“Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” Musk wrote in a tweet referring to a “billionaires’ tax” proposed by Democrats in the US Senate.Musk tweeted that he would abide by the results of the poll. It received more than 700,000 responses in the hour after Musk posted it, with nearly 56% of respondents approving the proposal to sell the shares.Musk’s shareholding in Tesla comes to about 170.5 million shares as of 30 June and selling 10% of his stock would amount close to $21bn based on Friday’s closing, according to Reuters calculations.Analysts say he may have to offload a significant number of shares anyway to pay taxes since a large number of options will expire next year.The comments from Musk come after the proposal in Congress to tax billionaires’ assets to help pay for Joe Biden’s social and climate-change agenda. Musk is one of the world’s richest people and owner of companies including SpaceX and Neuralink. He has criticized the billionaires’ tax on Twitter.“Note, I do not take a cash salary or bonus from anywhere,” Musk said. “I only have stock, thus the only way for me to pay taxes personally is to sell stock.”Tesla board members including Elon Musk’s brother Kimbal have recently sold shares in the electric carmaker. Kimbal Musk sold 88,500 shares while fellow board member Ira Ehrenpreis sold shares worth more than $200m.TopicsElon MuskTeslaUS taxationUS domestic policyUS politicsBiden administrationUS CongressnewsReuse this content More

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    Biden hails ‘monumental step forward’ as Democrats pass infrastructure bill

    The ObserverJoe BidenBiden hails ‘monumental step forward’ as Democrats pass infrastructure billThe president will sign $1tn package into law after House ended months-long standoff by approving bipartisan deal

    ‘She betrayed us’: Arizona voters baffled by Kyrsten Sinema
    0Martin Pengelly in New York and David Smith in WashingtonSat 6 Nov 2021 12.41 EDTFirst published on Sat 6 Nov 2021 10.45 EDTJoe Biden saluted a “monumental step forward as a nation” on Saturday, after House Democrats finally reached agreement and sent a $1tn infrastructure package to his desk to be signed, a huge boost for an administration which has struggled for victories.Trumpism without Trump: how Republican dog-whistles exploited Democratic divisionsRead more“This is a blue-collar blueprint to rebuild America,” Biden said, “and it’s long overdue.”There was also a setback, however, as Democrats postponed a vote on an even larger bill. That 10-year, $1.85tn spending plan to bolster health, family and climate change programmes, known as Build Back Better, was sidetracked after centrists demanded a cost estimate from the Congressional Budget Office (CBO). Biden said he was confident he could get it passed.Walking out to address reporters at the White House, the president began with a joke at the expense of his predecessor, Donald Trump.“Finally, it’s infrastructure week,” he said.Under Trump, the administration’s failure to focus on infrastructure amid constant scandal became a national punchline.“We’re just getting started,” Biden said. “It is something that’s long overdue but long has been talked about in Washington but never actually been done.“The House of Representatives passed an Infrastructure Investment and Jobs Act. That’s a fancy way of saying a bipartisan infrastructure bill, once-in-a-generation investment that’s going to create millions of jobs, modernise our infrastructure, our roads, our bridges, our broadband, a range of things turning the climate crisis into an opportunity, and a put us on a path to win the economic competition of the 21st century that we face with China and other large countries in the rest of the world.”The House approved the $1tn bill late on Friday, after Democrats resolved a months-long standoff between progressives and centrists. The measure passed 228-206. Thirteen Republicans, mostly moderates, supported the bill while six progressive Democrats opposed it, among them Alexandria Ocasio-Cortez of New York.Approval sent the bill to the desk of a president whose approval ratings have dropped and whose party struggled in elections this week. Biden said he would not sign the bill this weekend because he wanted those who passed it to be there when he did so.“We’re looking more forward to having shovels in the ground,” Biden said. “To begin rebuilding America.“For all of you at home, who feel left behind and forgotten in an economy that’s changing so rapidly, this bill is for you. The vast majority of those thousands of jobs that will be created don’t require a college degree. There’ll be jobs in every part of the country: red states, blue states, cities, small towns, rural communities, tribal communities.“This is a blue-collar blueprint to rebuild America, and it’s long overdue.”This week, Democratic candidates for governor lost in Virginia and squeaked home in New Jersey, two blue-leaning states. Those setbacks made leaders, centrists and progressives impatient to demonstrate they know how to govern a year before midterm elections that could see Republicans retake Congress.At the White House, Biden said: “Each state is different and I don’t know but I think the one message that came across was, ‘Get something done … stop talking, get something done.’ And so I think that’s what the American people are looking for.“All the talk about the elections and what do they mean? They want us to deliver. Democrats, they want us to deliver. Last night we proved we can on one big item. We delivered.”The postponement of a vote on the spending bill dashed hopes of a double win. But in a deal brokered by Biden and party leaders, five moderates agreed to back the bill if CBO estimates of its costs are consistent with numbers from the White House and congressional analysts.The agreement, in which lawmakers promised to vote by the week of 15 November, was a significant step towards shipping the bill to the Senate. Its chances there are not certain: it must pass on the casting vote of Vice-President Kamala Harris and with the approval of Joe Manchin of West Virginia and Kyrsten Sinema of Arizona, centrists who have proved obstructive so far.The spending bill “is fiscally responsible”, Biden said. “That’s a fancy way of saying it is fully paid for. It doesn’t raise the deficit by a single penny. And it actually reduces the deficit according to the leading economists in this country over the long term. And it’s paid for by making sure that the wealthiest Americans, the biggest corporations begin to pay their fair share.”Republicans have highlighted what they say will be the bill’s effects on dangerous economic inflation.Why does the media keep saying this election was a loss for Democrats? It wasn’t | Rebecca SolnitRead more“According to economists,” Biden said, “this is going to be easing inflationary pressures … by lowering costs for working families.”He also said: “We got out of the blue a couple of weeks ago a letter from 17 Nobel prize winners in economics and they determined that [the two bills] will ease inflationary pressures not create them.”Biden acknowledged that he will not get Republican votes for the spending bill and must “figure out” how to unite his party. Friday was an exhausting day for Nancy Pelosi, the House speaker. She told reporters: “Welcome to my world. This is the Democratic party. We are not a lockstep party.”Biden said he was confident he could find the votes. Asked what gave him that confidence, the president alluded to his legislative experience as a senator and vice-president, saying: “Me.”On Friday night, Biden and his wife, Jill Biden, delayed travel to Delaware as the president worked the phones. Pramila Jayapal of Washington state, leader of the Congressional Progressive Caucus, told reporters Biden even called her mother in India. It was unclear why.“This was not to bribe me, this is when it was all done,” Jayapal said, adding that her mother told her she “just kept screaming like a little girl”.
    Associated Press contributed to this report
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    Biden hails ‘monumental step forward’ as Democrats pass infrastructure bill – video

    Joe Biden on Saturday hailed Congress’s passage of his $1tn infrastructure package as a ‘monumental step forward for the nation’ after fractious fellow Democrats resolved a months-long standoff in their ranks to finally seal the deal. His reference to infrastructure week was a jab at his predecessor, Donald Trump, whose White House declared several times that ‘infrastructure week’ had arrived, only for nothing to happen

    Biden hails ‘monumental step forward’ as Democrats pass infrastructure bill More