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    Climate Law Could Shape the Race for New York City’s Next Mayor

    Zohran Mamdani, the Democratic nominee, has vowed to strictly enforce the measure, Local Law 97, which calls for potentially expensive upgrades to buildings to curb greenhouse emissions.Zohran Mamdani’s campaign for mayor has focused on the high cost of living in New York City and the lack of affordable housing.But Mr. Mamdani’s embrace of an ambitious climate law — called Local Law 97 — could have as much impact on the real estate sector as his better-known plan to freeze the rent on about a million apartments.Local Law 97, which was approved in 2019, calls for potentially expensive upgrades to the city’s largest buildings in order to reduce their greenhouse gas emissions. Mr. Mamdani, a state assemblyman, has said he intends to tighten enforcement of the measure. Some critics, however, warn that his approach would create a heavy financial burden on property owners.“Thousands of buildings are in trouble here, and Local Law 97 and rent freezes will be the end,” said Kenny Burgos, the chief executive of the New York Apartment Association, a landlord advocacy group.Mr. Mamdani, a democratic socialist who recently said that he didn’t believe there should be billionaires, has not been shy about asking the city’s affluent to subsidize his platform, which includes free buses and a $30 minimum wage. Mr. Mamdani has also called for freezing the rent on all rent-stabilized apartments, which has sent a chill through some corners of the real estate sector.He has promised to take the same approach in enforcing Local Law 97, saying in a mayoral forum earlier this year that he would back the measure by “taking on the real estate industry” in the pursuit of “climate justice.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    A Road Map for Undoing the Damage of the Big, Awful Bill

    In the 30 years I have been a part of fiscal policymaking I don’t think I have ever seen a legislative push as impressive as the passage of President Trump’s big, dubious tax and policy bill.Don’t get me wrong: The consequences for health insurance, poverty, climate change and macroeconomic stability, in roughly that order of importance, will be horrendous. The Medicaid and other health care changes would undo about three-quarters of the coverage expansion from President Barack Obama’s Affordable Care Act and Medicaid expansion. The law repeals much of what Joe Biden did for climate change in the Inflation Reduction Act. The tax provisions sustain most of the cuts from Mr. Trump’s first term and add in several others for good measure.But before Democrats — and hopefully some Republicans — even try to fix the damage, they should learn the lessons of how the Republicans got all this done, working against tremendous odds on a much faster timetable than the major legislative accomplishments from Mr. Trump’s three predecessors.The first lesson is that ideas really do matter. This legislation did not happen because the public or lobbyists were clamoring for it. Instead Donald Trump and congressional Republicans wanted it and were willing to overcome public disfavor and opposition from vested interests.Sure, special interests were at play in ways big (preserving workarounds to limits on state and local tax deductions) and small (getting new tax breaks for Alaskan whaling captains). But no major lobbying groups were asking for the broad contours of this legislation. The health care industry, which is expected to lose about half a trillion dollars, and the energy industry, which is losing huge tax breaks and subsidies, put up a fight. Their opposition, like that of other industries, went nowhere. And neither did Elon Musk’s — further evidence that oligarchy is the wrong lens through which to view this political moment.The second lesson is that while ideas matter, expert ideas do not necessarily matter. Past fiscal debates have divided economists and policy wonks. In President Trump’s first term, some economists would write opinion articles or go on TV news programs defending his tax cuts as adding to growth while other economists (including me) would write rebuttals.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Trump Faces the Biggest Test Yet of His Second-Term Political Power

    If President Trump gets his domestic policy bill over the finish line, it will be a vivid demonstration of his continuing hold over the Republican Party.President Trump has gotten almost everything he has wanted from the Republican-controlled Congress since he took office in January.G.O.P. lawmakers approved his nominees, sometimes despite their doubts. They ceded their power over how federal dollars are distributed, impinging on constitutional authority. And they have cheered his overhaul of the federal bureaucracy, even as he has bypassed the legislative body’s oversight of federal agencies.But now, Mr. Trump is pressuring Republicans to fall in line behind his sprawling domestic policy bill, even though it has elements that could put their party’s hold on Congress in greater peril in next year’s midterm elections. Fiscal hawks are appalled by estimates that the bill would add at least $3.3 trillion to the country’s ballooning debt, while moderate Republicans are concerned about the steep cuts to the safety net.Yet Mr. Trump is still getting his way — at least so far. The Senate narrowly passed the bill Tuesday, with Vice President JD Vance breaking the tie. The bill now heads back to the House, where the president can only lose three votes, and where anger among both moderates and conservatives about changes made by the Senate is running high.Getting the bill through the House may be the biggest test yet of Mr. Trump’s second-term political power. If he gets the bill over the finish line, it will be another legislative victory and a vivid demonstration of his continuing hold over the party.The process of driving the legislation forward has exposed deep divisions among congressional Republicans, as well as concern about the huge political risks of supporting the bill. In the end, fear of crossing Mr. Trump kept defections in the Senate to a barely manageable level.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Taking From the Poor and Giving to the Rich Is Not Populism

    “I love the poorly educated,” President Trump declared during the 2016 campaign. His intense support for the “big, beautiful” $4.5 trillion tax-and-spending bill now before Congress shows that he has a unique way of demonstrating his affection.Republicans are on the verge of enacting Trump’s upwardly distributive fiscal policy measure, which has become an extreme test of the loyalty of his more downscale MAGA supporters, who not only oppose the bill but stand to bear the brunt of its negative consequences.In its current form, which is changing by the hour, the measure, known popularly as B.B.B., would provide the upper classes, including Trump’s allies and donor base — corporations and the rich — with tax cuts worth approximately $4.45 trillion over 10 years. The measure would offset the cost with the largest reductions in safety net programs in recent decades, if not all time, for those on the lower tiers of the income distribution.This pared-back social spending would adversely affect a large bloc of rural and exurban Republicans who played a crucial role in putting their party in control of the House and Senate, and Trump in the White House.“You can very safely say,” Bobby Kogan, senior director of federal budget policy at the liberal Center for American Progress, told The Washington Post, that “this is the biggest cut to programs for low-income Americans ever.”Many of the details of the legislation remain in flux as the Senate continues to vote on amendments. If the Senate approves the legislation, the House and the Senate will still have to come to agreement on a final version for the measure to become law.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Trump May Get His ‘Big Beautiful Bill,’ but the G.O.P. Will Pay a Price

    And so will many voters.There will be many short- and long-term consequences if Republicans succeed in passing President Trump’s signature policy bill, as they aim to do before the July 4 holiday, David Leonhardt, the director of the Times editorial board, tells the national politics writer Michelle Cottle in this episode of “The Opinions.”Trump May Get His ‘Big Beautiful Bill,’ but the G.O.P. Will Pay a PriceAnd so will many voters.Below is a transcript of an episode of “The Opinions.” We recommend listening to it in its original form for the full effect. You can do so using the player above or on the NYT Audio App, Apple, Spotify, Amazon Music, YouTube, iHeartRadio or wherever you get your podcasts.The transcript has been lightly edited for length and clarity.Michelle Cottle: I’m Michelle Cottle and I cover national politics for Times Opinion. So with the July 4 weekend looming, I thought we’d talk about a different kind of fireworks: that is, President Trump’s “big, beautiful bill” and as always, I hope the air quotes there are audible for everybody.But that bill looks like it is on track for passage. From Medicaid cuts to tax breaks for the rich, it is a lot. Thankfully with me to talk about this is David Leonhardt, the fearless director of the New York Times editorial board, who has some very pointed thoughts on the matter. So let’s just get to it. David, welcome.David Leonhardt: Thank you, Michelle. It’s great to be talking with you.Cottle: I’m so excited, but warning to all: We are recording on Monday midday and even as we speak, the Senate is brawling its way through to a final vote. So the situation is fluid and could change the details by the time you all hear this.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    The Republicans in Congress Who Are Opting to Self-Deport From Washington

    Feeling out of step with President Trump’s G.O.P., Senator Thom Tillis and Representative Don Bacon are deciding to retire.Senator Thom Tillis, the North Carolina Republican, knows a thing or two about the power of health care at the ballot box.In 2011, he became the speaker of the State House in North Carolina after a wave of populist anger over the Affordable Care Act swept Republicans into office across the country. In 2014, he defeated the state’s incumbent Democratic senator as voters who saw the election as a referendum on government competence in the wake of the health care law’s messy rollout handed the Senate back to Republicans.So Tillis’s refusal to back President Trump’s signature domestic policy bill could be interpreted as a clanging alarm for a party that doesn’t want to hear it.“Republicans are about to make a mistake on health care and betraying a promise,” Tillis said on the Senate floor on Sunday, blaming “amateurs” in the White House for encouraging Trump to back a bill that Tillis said would kick some 663,000 people off Medicaid in North Carolina alone.Tillis had found himself squeezed between a key lesson of his career — don’t mess with voters’ health care — and President Trump’s biggest domestic priority. With Democrats eager to hold the measure’s deep Medicaid cuts against him, and Trump blasting him for wavering, Tillis decided there was only one option left: self-deportation from Washington (also known as retirement).And he’s not the only one, as congressional Republicans reckon with the fact that even a modicum of independence from Trump can be politically untenable in their branch of government.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Why a Bill Nobody Loves Feels Inevitable

    President Trump’s megabill makes many Republicans uncomfortable, but that probably won’t stop it from becoming law.The path for the One Big Beautiful Bill, as President Trump calls his signature domestic legislation, has not been linear.The bill, which would extend the 2017 tax cuts and cut into the social safety net to pay for it, barely passed the House. It was heavily rewritten in the Senate. In recent days, various provisions have been rejected by a key Senate official whose job is to make sure that lawmakers color inside the lines of such budget bills, leaving senators scrambling to add back in what they can.Then there’s the fact that, as my colleagues Carl Hulse and Catie Edmondson wrote today, nobody really loves the bill. But this is Trump’s Washington. And trifling matters like not knowing quite what’s going to be in the bill — and not particularly liking it — will probably not stop Senate Republicans from voting for it, potentially as soon as this weekend.I asked Catie, who has covered every twist and turn of this bill’s winding path, to explain how it became a policy grab bag, why it makes so many Republicans uncomfortable — and why none of that probably matters when it comes to its chances of becoming law.As we speak, Republicans are scrambling to save various provisions that the Senate parliamentarian believes run afoul of the rules governing budget bills. You’ve covered Congress since the first Trump administration, and you have seen a lot of sausage-making in that time. Is it always, uh, like this? We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    A Look at Zohran Mamdani’s Stances on Key Issues

    The state assemblyman ran a campaign tightly focused on issues related to affordability. Here is a look at where he stands on those issues and others.In a crowded Democratic primary for mayor of New York City that featured a former governor, seasoned candidates from past mayoral elections and an alumnus of the Obama White House, Assemblyman Zohran Mamdani set himself apart early despite his lack of name recognition.He did it largely by connecting with younger voters, producing sleek, engaging campaign ads on social media and beating the drum about the need to make life in New York more affordable. This narrow focus on a single, salient issue drove Mr. Mamdani’s campaign, which his main rival, former Gov. Andrew M. Cuomo, described as “highly impactful” as he conceded the race on Tuesday night.In his victory speech, Mr. Mamdani hammered home his message one last time, attributing his success to New Yorkers who had voted for “a city where they can do more than just struggle.”As Mr. Mamdani looks poised to secure the Democratic nomination and attention turns to the general election, here’s what to know about where he stands on key issues.Affordability“Every politician says New York is the greatest city on the globe,” Mr. Mamdani said in his first campaign ad, released eight months ago. “But what good is that if no one can afford to live here?”So began a campaign tightly focused on the cost-of-living crisis plaguing the city. His platform, detailed on his campaign website, was simple: “New York is too expensive. Zohran will lower costs and make life easier.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More