More stories

  • in

    Democrats celebrate ‘historic’ climate bill: Politics Weekly America

    More ways to listen

    Apple Podcasts

    Google Podcasts

    Spotify

    RSS Feed

    Download

    Share on Facebook

    Share on Twitter

    Share via Email

    As the Inflation Reduction Act heads to the House floor, many Democrats are hoping the landmark legislation to tackle the climate crisis, which passed in the Senate last week, will result in more votes in the November midterm elections. Some experts aren’t convinced the bill goes far enough.
    Joan E Greve speaks to Leah Stokes, of the University of California, Santa Barbara, about what the bill – if passed into law – will mean for Americans, and for the planet

    How to listen to podcasts: everything you need to know

    Archive: MSNBC, NBC, C-Span Listen to Thursday’s episode of Today in Focus, as Hugo Lowell and Michael Safi discuss the FBI raid of Donald Trump’s Mar-a-Lago resort earlier this week. Send your questions and feedback to podcasts@theguardian.com Help support the Guardian by going to theguardian.com/supportpodcasts More

  • in

    Democrats celebrate as climate bill moves to House – and critics weigh in

    Democrats celebrate as climate bill moves to House – and critics weigh in Bernie Sanders calls climate measures a ‘very modest step forward’ and Republicans denounce the bill altogether Democrats celebrated the much-delayed Senate passage of their healthcare and climate spending package, expressing hope that the bill’s approval could improve their prospects in the crucial midterm elections this November.The bill, formally known as the Inflation Reduction Act, passed the Senate on Sunday in a party-line vote of 51-50, with Vice-President Kamala Harris breaking the tie in the evenly divided chamber.Raucous applause broke out on the Senate floor after Harris announced the final tally, and Democrats continued their victory lap once the vote had concluded amid a belief that the bill will give Biden – and many Democrats – a record of significant achievement to campaign on.“I’m really confident that the Inflation Reduction Act will endure as one of the defining feats of the 21st century,” the Senate majority leader, Chuck Schumer, said at a press conference after the bill’s passage. “To do small things with 50 votes is rough. To pass such a major piece of legislation – with only 50 votes, an intransigent Republican minority, a caucus running from Bernie Sanders to Joe Manchin – wow.”Democrats’ work is not quite done though. The Senate-approved bill now heads to the House, which must pass the legislation before it can go to Joe Biden’s desk. The House is scheduled to return from its recess on Friday to take up the bill, and Democratic leaders have expressed confidence that it will pass.“The House will return and move swiftly to send this bill to the president’s desk – proudly building a healthier, cleaner, fairer future for all Americans,” the Democratic speaker, Nancy Pelosi, said in a statement.Democrats hope the bill’s passage could also help them persuade voters to keep them in control of Congress in November, when every House seat and 34 Senate seats will be up for grabs. So far, Democrats’ prospects in the midterm elections have appeared grim, as Republicans are heavily favored to regain control of the House of Representatives.Asked on Monday morning whether he believed the bill’s approval would benefit Democrats running in November, Biden said, “Do I expect it to help? Yes, I do. It’s going to immediately help.”Biden pointed to some of the bill’s healthcare provisions, including capping Medicare recipients’ out-of-pocket prescription costs at $2,000 a year, to argue that the legislation would provide concrete assistance to millions of Americans. But that policy will not go into effect until 2025, and Biden acknowledged that some of the bill’s most important provisions will take time to kick in.That delayed implementation could prove detrimental to Democratic candidates trying to make a pitch to voters about how the party has made the most of its control of the White House and Congress.Despite its name, the bill is also not expected to provide immediate relief to Americans struggling under the weight of record-high inflation. According to a report issued by Moody’s Analytics, the bill will “modestly reduce inflation over the 10-year budget horizon”.Republicans accused Democrats of ramming through a partisan bill that failed to address voters’ top concerns, as polls show most Americans believe the economy is getting worse.“Democrats have proven over and over they simply do not care about middle-class families’ priorities,” the Senate Republican leader, Mitch McConnell, said after the bill’s passage. “They have spent 18 months proving that. They just spent hundreds of billions of dollars to prove it again.”Republicans’ talking points were echoed by a surprising voice on Sunday: Bernie Sanders. The progressive senator expressed concern that the bill would do little to help working Americans, after he unsuccessfully pushed amendments to the bill that would have expanded its healthcare and financial assistance provisions.“It’s a very modest step forward,” Sanders told MSNBC. “Bottom line is, I’m going to support the bill because given the crisis of climate change, the environmental community says this is a step forward. It doesn’t go anywhere near as far as it should. It is a step forward.”Democrats have championed the bill’s environmental provisions, which mark America’s most significant legislative effort yet to address the climate crisis. Experts estimate that the climate policies in the spending package will slash US greenhouse gas emissions by 40% by 2030, compared with 2005 levels. That accomplishment will bring the US within striking distance of Biden’s goal to cut emissions in half by the end of the decade, which scientists say must be achieved to avoid climate disaster.To win the support of the centrist senator Joe Manchin, the bill also includes controversial proposals to expand oil and gas development on federal lands, which have sparked outcry among some climate activists. But the bill’s defenders say the climate benefits of the legislation far outweigh the costs.As the spending package moves to the House, Pelosi has the weighty task of keeping her entire caucus in line to ensure the bill’s passage. Given Democrats’ narrow majority in the lower chamber, Pelosi can afford to lose only a few votes and still get the bill passed. It seems like Pelosi will have the votes she needs, after moderates and progressives alike endorsed the package, so Biden could be reaching for his bill-signing pen by the end of the week.TopicsUS politicsDemocratsClimate crisisUS SenateHouse of RepresentativesUS domestic policynewsReuse this content More

  • in

    US Senate passes $739bn healthcare and climate bill – video

    Senate Democrats passed their climate and healthcare spending package on Sunday, sending the legislation to the House and bringing Joe Biden one step closer to a significant legislative victory ahead of crucial midterm elections in November.
    ‘To the tens of millions of young Americans who spent years marching, rallying, demanding that Congress act on climate change, this bill is for you,’ said Chuck Schumer, the US Senate majority leader. 
    ‘The time has come to pass this historic bill’

    Senate passes $739bn healthcare and climate bill after months of wrangling
    Climate bill could slash US emissions by 40% after historic Senate vote
    What does the US-China row mean for climate change? More

  • in

    Senate passes $739bn healthcare and climate bill after months of wrangling

    Senate passes $739bn healthcare and climate bill after months of wranglingInflation Reduction Act will reduce planet-heating emissions and lower prescription drug costs – and give Biden a crucial victory Senate Democrats passed their climate and healthcare spending package on Sunday, sending the legislation to the House and bringing Joe Biden one step closer to a significant legislative victory ahead of crucial midterm elections in November.If signed into law, the bill, formally known as the Inflation Reduction Act, would allocate $369bn to reducing greenhouse gas emissions and investing in renewable energy sources. Experts have estimated the climate provisions of the bill will reduce America’s planet-heating emissions by about 40% by 2030, compared with 2005 levels.Climate bill could slash US emissions by 40% – if Democrats can pass itRead moreDemocrats have promised the bill will lower healthcare costs for millions of Americans by allowing Medicare to negotiate prescription drug prices and capping Medicare recipients’ out-of-pocket prescription drug prices at $2,000 a year. Those who receive health insurance coverage through the Affordable Care Act marketplace are also expected to see lower premium costs.The legislation includes a number of tax provisions to cover the costs of these policies, bringing in $739bn for the government and resulting in an overall deficit reduction of roughly $300bn. The policy changes include a new corporate minimum tax, a 1% excise tax on stock buybacks and stricter enforcement by the Internal Revenue Service.“Today, Senate Democrats sided with American families over special interests, voting to lower the cost of prescription drugs, health insurance and everyday energy costs and reduce the deficit, while making the wealthiest corporations finally pay their fair share,” Biden said in a statement celebrating the bill’s passage. “I ran for president promising to make government work for working families again, and that is what this bill does – period.”The final Senate vote was 51-50, with every Democrat supporting the bill while all 50 of their Republican colleagues opposed the legislation. With the Senate evenly divided on the bill’s passage, Vice-President Kamala Harris cast the tie-breaking vote.Because Democrats used the reconciliation process to advance the bill, they needed only a simple majority to pass the proposal, allowing them to avoid a Republican filibuster.But the choice to use reconciliation also somewhat limited what Democrats could include in their bill. The Senate parliamentarian ruled on Saturday that a key healthcare provision, which would have placed inflation-related caps on companies’ ability to raise prescription drug prices for private insurance plans, ran afoul of reconciliation rules. Another proposal to cap the cost of insulin in the private insurance market at $35 a month was also stripped out of the bill after 43 Senate Republicans voted to block the policy on procedural grounds.Still, Democrats celebrated that the Senate parliamentarian allowed most of their healthcare and climate provisions to move forward.“While there was one unfortunate ruling in that the inflation rebate is more limited in scope, the overall program remains intact and we are one step closer to finally taking on big pharma and lowering Rx drug prices for millions of Americans,” the Senate majority leader, Chuck Schumer, said on Saturday.Democratic leaders previously had to alter the tax provisions of the bill to secure the vote of Kyrsten Sinema of Arizona, who announced her support for the proposal on Thursday.Sinema caused some last-minute hand-wringing among Democrats on Sunday, as she pushed for changes to the new corporate minimum tax that would exempt some businesses from the policy. Democratic senators ultimately reached an agreement with Sinema to approve the exemption, which was paid for by extending loss limitations for pass-through businesses.Sinema was considered the last Democratic holdout in the negotiations, after fellow centrist Joe Manchin said he would vote in favor of the bill. The Senate’s approval of the bill came nearly eight months after Manchin abruptly scuttled talks over the Build Back Better Act, which was viewed as Biden’s signature legislative proposal. After tanking that bill, Manchin spent months participating in quiet deliberations with Schumer over another spending package that was more focused on reducing the federal deficit and tackling record-high inflation.The resulting bill was able to win the support of the entire Senate Democratic caucus on Sunday, even though the legislation is much smaller in scope than the Build Back Better Act.The bill’s narrower focus frustrated the progressive senator Bernie Sanders, who criticized the compromise in a Saturday floor speech. Sanders complained that the legislation would do little to help working Americans struggling to keep up with rising prices, and he unsuccessfully pushed for expanding the bill to further lower healthcare costs.“This legislation does not address the reality that we have more income and wealth inequality today than at any time in the last hundred years,” Sanders said. “This bill does nothing to address the systemic dysfunctionality of the American healthcare system.”Despite that criticism, Sanders backed the final version of the bill. The Senate’s approval followed a marathon session that lasted overnight and into Sunday afternoon, as Republicans forced votes on dozens of proposed changes to the spending package. Democrats remained mostly unified in opposing Republicans’ amendments, keeping the bill unchanged and ensuring the legislation’s passage.“It’s been a long, tough and winding road. But at last, at last we have arrived,” Schumer said on Sunday. “I know it’s been a long day and a long night, but we’ve gotten it done. Today, after more than a year of hard work, the Senate is making history.”Republicans fiercely criticized the bill, rejecting Democrats’ arguments that the legislation will help tackle rising prices. According to a report issued by Moody’s Analytics, the bill will “modestly reduce inflation over the 10-year budget horizon”.“Democrats want to ram through hundreds of billions of dollars in tax hikes and hundreds of billions of dollars in reckless spending – and for what?” the Senate Republican leader, Mitch McConnell, said in a Saturday floor speech. “For a so-called inflation bill that will not meaningfully reduce inflation at all.”House Democrats have dismissed Republicans’ criticism of the bill, insisting they will swiftly pass the legislation and send it to Biden’s desk. The majority leader, Steny Hoyer, has said the House will return on Friday to take up the legislation, and Democrats do not need any Republican votes to pass the bill.The House speaker, Nancy Pelosi, has promised that the chamber would move quickly as soon as the Senate gave the bill its stamp of approval. She told reporters at a press conference last week, “When they send it to us, we’ll pass it.”TopicsUS SenateClimate crisisDemocratsUS politicsUS domestic policynewsReuse this content More

  • in

    Senate Democrats begin vote on landmark $430bn climate bill

    Senate Democrats begin vote on landmark $430bn climate billSenate kicks off ‘vote-a-rama’ that could drag on as Republicans have promised to try to stall the process US Senate Democrats on Saturday began a vote on a bill that would address key elements of President Joe Biden’s agenda, tackling climate change, lowering the cost of energy and senior citizens’ drugs and forcing the wealthy to pay more taxes.Indiana becomes first US state post-Roe to ban most abortionsRead moreEarlier, a Senate rulemaker determined that the lion’s share of the $430bn bill could be passed with only a simple majority, bypassing a filibuster rule requiring 60 votes in the 100-seat chamber to advance most legislation and enabling Democrats to pass it over Republican objections, majority leader Chuck Schumer said in a statement.Democrats hope that the legislation will give a boost to their candidates in the 8 November midterm elections in which Biden’s party is in an uphill battle to retain its narrow control of the Senate and House of Representatives.“Democrats have received extremely good news,” Schumer said in the statement. “Medicare will finally be allowed to negotiate drug prices … This is a major victory for the American people.“Medicare is the government health insurance program for people age 65 and older.There are three main parts to the bill: a 15% minimum tax on corporations, tougher IRS enforcement and a new excise tax on stock buybacks. The legislation has $430 billion in new spending along with raising more than $740 billion in new revenues.Beside billions of dollars to encourage the production and purchase of more electric vehicles and foster clean energy, the bill would set $4 billion in new federal drought relief funds. The latter is a move that could help the re-election campaigns of Democratic Senators Catherine Cortez Masto in Nevada and Mark Kelly in Arizona.Republicans have promised to do everything they can to stall or block the bill, with Senator Lindsey Graham on Friday calling the legislation “this jihad they’re on to tax and spend.”Democrats aim to push the bill through the Senate using an arcane and complicated “reconciliation” procedure allowing passage without any Republican support in the chamber divided 50-50 between the parties, with the Democrats in control because Kamala Harris, the vice-president, can cast a tie-breaking vote.One provision cut from the bill would have forced drug companies to refund money to both government and private health plans if drug prices rise more quickly than inflation. The Senate arbiter, known as the parliamentarian, ruled that measure could not apply to private industry.The beginning of the vote kicks off an arduous process that could extend into Sunday or early next week, with senators offering amendment after amendment in a time-consuming “vote-a-rama”.Senators on the left such as Bernie Sanders are likely to try to expand the scope of the bill to include new programs such as federal subsidies for childcare or home healthcare for the elderly. Republicans have signaled that they will offer plenty of amendments touching on another issue: immigrants coming across the US border with Mexico.TopicsUS SenateUS CongressHouse of RepresentativesDemocratsUS politicsUS domestic policynewsReuse this content More

  • in

    Democrats reach deal to pass major climate bill after Sinema says yes – as it happened

    For the past week, just about everybody in Washington politics has been asking the same question: will Democratic senator Kyrsten Sinema vote for her party’s plan to fight climate change and lower health care costs?The Arizona lawmaker is known for her opposition to changing the tax code, as the bill – known was the Inflation Reduction Act – does to fund its programs. In the end, she did demand changes to how the legislation is paid for, but they weren’t especially big.With her support, Democrats have all 50 votes they need to get the bill through the evenly divided Senate. There’s not much Republicans themselves can do to stop them, so, instead, they’re hoping that Senate parliamentarian Elizabeth MacDonough intervenes. The Democrats hope to pass the legislation via the reconciliation procedure, which requires only a simple majority of votes, but there are only certain types of changes to the law they can make that way. MacDonough is to decide whether they followed proper procedure, and as Politico reports, Republicans hope she’ll strike certain provisions from the bill – which could upend the delicate compromise Democrats have forged among themselves, and jeopardize the bill entirely.The pieces have been set in motion for the Senate to convene this weekend and begin voting on Democrats’ plan to fight climate change and lower inflation, which the party appears to have the support necessary to pass. At the White House, Joe Biden cheered yet another month of healthy job growth as he looks for ways to revitalize his dismal approval ratings.Here’s a look back at what happened today:
    Republicans plan to frustrate Democrats in the Senate during votes on amendments to the spending plan, known as the Inflation Reduction Act.
    Donald Trump is reportedly negotiating with the justice department amid the ongoing criminal probe into the January 6 insurrection.
    United Nations chief António Guterres warned that there is “no way to solve the most pressing problems of all the world without an effective dialogue and cooperation” between the United States and China – which are currently feuding over US House speaker Nancy Pelosi’s visit this week to Taiwan.
    Scientists are warning that climate change is driving increased lightning strikes, after two were killed and two critically injured during storms near the White House yesterday.
    Biden’s recent string of political victories has generated a meme: “Dark Brandon”.
    China is furious over House Speaker Nancy Pelosi’s visit to Taiwan earlier this week, and today, Beijing cut off cooperating with the United States on fighting climate change, and some military communication.But at a briefing, US National Security Council spokesman John Kirby said China and the United States’ military leaders still have some ways of communicating:.@WHNSC’s John Kirby says China did _not_ cut all mil-mil-mil comms: “These channels they took down don’t eliminate the opportunity for senior members of the military to communicate.” Translation: Chairman/Minister level channels still open.— Nick Schifrin (@nickschifrin) August 5, 2022
    He did, however, condemn Beijing’s decision to stop collaborating on ways to lower emissions:.@WHNSC’s John Kirby on Beijing pausing climate change dialogue: “We believe this is fundamentally irresponsible. China is not punishing just the US. It’s punishing the whole world.”— Nick Schifrin (@nickschifrin) August 5, 2022
    Kirby later adds: “One of the areas that was ripe for collaboration was climate. They think they are punishing us. They are punishing the whole world.”— Nick Schifrin (@nickschifrin) August 5, 2022
    United Nations chief António Guterres had said much the same earlier in the day.China halts US cooperation on range of issues after Pelosi’s Taiwan visitRead moreReuters reports that the White House will soon send $1 billion in aid to Ukraine, including armored medical transports and the types of long-range weapons that have allowed Ukraine to regain momentum recently against the Russian invaders.Citing three sources familiar with the matter, Reuters says president Joe Biden hasn’t authorized the weapons yet, but could do so as soon as Monday. The package would be one of the biggest aid packages since the war began and is expected to include more munitions for the Himars rocket system Ukraine has deployed to great effect recently, as well as Nasams surface-to-air missiles.The weapons could be used in Ukraine’s expected offensive to recapture Kherson, a southern city that’s one of the largest under the control of the Russians.Can Ukrainian forces recapture Kherson from Russia?Read moreDoug Mastriano, the Republican nominee for governor in Pennsylvania, is threatening to back out of testifying before the January 6 committee unless he can record the interaction, Politico reports.Mastriano “has legitimate concerns that your committee may attempt to influence the outcome of the Pennsylvania state elections through the dissemination of disinformation,” his lawyer told the House panel investigating the insurrection, according to Politico.His resistance could lead to a court fight between the lawmakers and Mastriano, a state senator and 2020 election denier whom Donald Trump backed in the Pennsylvania gubernatorial primary. While some acolytes of the former president have spoken to the committee, others have resisted – to their peril. Top Trump adviser Steve Bannon was found guilty of contempt of Congress last month for defying subpoenas from the panel, and former trade adviser Peter Navarro is facing similar charges.Threatening Washington’s top public health official has real consequences, as a West Virginia man found out today:A federal judge sentenced a West Virginia man to three years in prison by for sending intimidating emails to public health chief Anthony Fauci, including threats to kill the US’s top infectious disease official over his handling of the Covid pandemic.US district judge Paula Xinis in Greenbelt, Maryland, on Thursday sentenced Thomas Connally, 56, of Snowshoe, West Virginia, to 37 months in federal prison and another three years of supervised release after he pleaded guilty in May to a federal charge of making threats against a federal official.In one email, Connally threatened that Fauci and his family would be “dragged into the street, beaten to death, and set on fire,” prosecutors said.Man who threatened to kill Anthony Fauci given three-year prison termRead moreCNN has a bit more detail on the Inflation Reduction Act’s path to enactment in Congress: the House won’t be back in session until next Friday, giving the Senate plenty of time to approve the bill.House will return August 12th to give final passage to the Senate reconciliation bill, per Hoyer— Manu Raju (@mkraju) August 5, 2022
    Senators will convene on Saturday to vote on the bill, which is a major priority for the Biden administration and allocates money to fighting climate change and lowering health care costs.A day after ordering Alex Jones to pay $4.1 million in compensatory damages for spreading conspiracy theories about 2012 Sandy Hook school shooting, CNN reports a Texas jury has begun deliberating over how much to make Jones pay in punitive damages – which could greatly enhance the financial pain resulting from his defamation trial:The jury in the Sandy Hook trial is now deliberating on punitive damages.— Oliver Darcy (@oliverdarcy) August 5, 2022
    The Guardian’s Ramon Antonio Vargas has the latest on the trial, which has been more dramatic than most:A financial expert testifying for the parents of a child killed in the 2012 Sandy Hook school shooting has estimated that Alex Jones and his media company are worth between $135m and $240m as they seek punitive damages beyond the $4.1m they secured a day ago for the US conspiracy theorist’s falsehoods about the massacre.The expert, Bernard Pettingill, said from the witness stand in an Austin courtroom that Jones and his Free Speech Systems company earned more than $50m annually between 2016 to 2021 – even as popular social media companies banned him from promoting himself through them – due to his “rabid following” of millions.Pettingill added that it was difficult to get an exact read of Jones’s financial outlook because he used a web of shell companies that own nothing and employ no one to move money belonging to him around.Alex Jones worth up to $240m, expert says, as family seeks punitive damagesRead moreJoe Biden’s been on something of a roll lately, and the internet appears to have noticed, gifting the 79-year-old president with a meme: “Dark Brandon”. While its origins are on the right, the moniker has been reclaimed by Biden’s supporters and spread on Twitter just as the Democratic president wracked up a number of wins in Congress and elsewhere.For example: Cutting the deficit, reducing prescription drug prices, investing in domestic energy production. pic.twitter.com/e0XQCP5hQv— Matthew Yglesias (@mattyglesias) August 5, 2022
    Or perhaps:Our hero in the shadows… #DarkBrandon pic.twitter.com/ChDLenuIMB— JumboPosterInChief (@ChiefJumbo) August 2, 2022
    Like many meme origin stories, that of “Dark Brandon” is lengthy and packed with references to other memes and internet trends. One of them is “Let’s Go Brandon”, the sanitized version of “Fuck Joe Biden” that became popular among his detractors last year. On Twitter, Biden’s supporters are using it to refer to several recent success stories for the White House, including the killing of top al-Qaida leader Ayman al-Zawahiri this past weekend, the breakthrough on Democrats’ climate change and health care bill days later and the passage of another measure to spur semiconductor production late last month. Slate has published some thoughts on what Dark Brandon’s arrival heralds:.css-knbk2a{height:1em;width:1.5em;margin-right:3px;vertical-align:baseline;fill:#C70000;} The term “Dark Brandon” first surfaced in early 2022 as part of the usual gamut of memes and burns deployed by America’s extremely online socialists—especially those who’ve found themselves feeling euphorically apocalyptic in the face of unchecked climate change, a theocratic Supreme Court, and Joe Manchin’s seemingly insurmountable veto power. For them, “Dark Brandon” was a way to lean into despair. The invaluable resource Know Your Meme delved into the paper trail and uncovered a trove of extremely dark viral tweets from the spring, where Dark Brandon could be found, say, pointing a gun into a woman’s mouth in a Photoshop or overseeing public executions in a Twitter user’s ironic fantasy. The idea here is that Joe Biden was not the fuddy-duddy centrist he appeared to be and instead represented some sort of satanic, Revelations-esque figure, way worse than anyone can imagine.
    It’s an aesthetic that mirrors the related Dark MAGA trend, in which alt-right dead-enders and QAnon veterans have adopted an increasingly occultist tone to sheathe their reactionary beliefs. (Here, for instance, is an image of Jordan Peterson with the same facial tattoos as the rapper 6ix9ine.) The difference is that Dark MAGA posters fantasize about the return of an even-more-unhinged, gloves-off Trump, out for revenge. Dark Brandon, on the other hand, was the creation of people without much hope at all.
    We can debate over whether it’s foolish to assign any intellectual significance to the tweets made by weirdos on the internet, but I do think that both Dark Brandon and DarkMAGA were interesting artifacts of America’s superheated political environment. The country does feel like it’s perched on the precipice of some sort of prophetic rebirth, and perhaps, as our institutions erode into the sea, Dark Brandon is the harbinger of that final judgment. Meanwhile, because Trump does feel like he might come back, more vengeful than before, DarkMAGA’s attempts to speak that into existence feel like a warning.In a speech at the White House, Joe Biden praised the July jobs numbers, which came in much better than expected. He also hailed the Inflation Reduction Act that’s making progress in the US Senate and is on what Democrats hope is the final stretch before making it into law.“We are on the cusp of the most important step we can take to help Congress lower inflation,” he said, speaking outside and sporting his trademark aviator sunglasses because he was still isolating due to his Covid-19 diagnosis.He talked of the ongoing decrease in gas prices over the past month-and-a-half, noting fuel was available for “less than $3.99 a gallon at more than half the gas stations in North America”, Biden also touted the speed of the labor market’s recovery, after more than 20 million people lost their job when Covid-19 broke out.“That’s why the strength and the pace job of the recovery is so important. In the past, it’s taking years for Americans to recover from an economic crisis. When that’s happened, millions of people suffer from years and years just trying to get back to where they were before, just trying to get back on their feet. And that didn’t happen this time”, Biden said.Joe Biden is about to sign a couple of bills at the White House and we’ll have an ear out for any relevant remarks. It’s a relatively lively Friday, given that the House and Senate are out, and we’ll have more, so stay tuned.Here’s where things stand.
    There is “no way to solve the most pressing problems of all the world without an effective dialogue and cooperation” between the United States and China, a spokesman for United Nations chief António Guterres said.
    Scientists are warning that climate change is driving increased lightning strikes, after two were killed and two critically injured during storms near the White House yesterday.
    Joe Biden cheered the better-than-expected employment data released by the Labor Department this morning, saying it shows the success of his administration’s plan to help Americans.
    Kyrsten Sinema, conservative Democratic US Senator of Arizona, is on board with the Inflation Reduction Act legislation now pending at the door of the Senate, in another breakthrough for Democrats and Joe Biden’s domestic agenda.
    Meanwhile, if you want some up-to-the-minute international developments, follow either of our global live blogs, on the geopolitical fall-out from Speaker Nancy Pelosi’s visit to Taiwan, and on the war in Ukraine since Russia’s invasion in February.Texas Republican Senator Ted Cruz is busy entertaining the peanut gallery at the Conservative Political Action Conference (CPAC) event in his home state.Cruz was revving himself and the crowd up now by roundly mocking everything Democrat, also masks against the spread of coronavirus, presidential health adviser Anthony Fauci, Joe Biden, Kamala Harris, Nancy Pelosi, Chuck Schumer, “communist, woke professors”, etc, etc.He just promised that in November, south Texas “will turn red” and elect Republican members of congress in Rio Grande Valley on the US-Mexico border.And, nationally, Cruz is forecasting “not just a red wave but a tsunami” of GOP victories at the midterm elections.On the subject of the polite modern habit of specifying one’s preferred pronouns, Cruz shrieked to whoops: “My pronouns are ‘kiss my ass’.” “We are on the cusp of something amazing in this country,” Cruz tells the crowd. Alarming might be more accurate.The right-winger is exiting the stage now, to soaring rock music.Well my name is Ted Cruz And my pronouns are kiss my ass pic.twitter.com/M0wVzR7ZRv— 🔥⭐️Edwin⭐️🔥 (@Edwin07011) August 5, 2022
    There is “no way to solve the most pressing problems of all the world without an effective dialogue and cooperation” between the United States and China, a spokesman for United Nations chief António Guterres said today, Reuters writes.This followed the Chinese government in Beijing halting climate talks with Washington, Reuters writes.Tackling climate change has been a key area of cooperation between the two superpowers.But China has suspended talks as part of its escalating retaliation over House of Representatives Speaker Nancy Pelosi’s visit to Taiwan earlier this week.If you want to read our global live blog on all the developments in geopolitics as a result of Pelosi’s visit to the Taiwanese capital, Taipei, you can do so here.Guterres last month warned that wildfires and heatwaves wreaking havoc across swathes of the globe show humanity facing is “collective suicide”, as governments around the world scramble to protect people from the impacts of extreme heat.Pelosi is currently on the Japan leg of her Asia tour, which would not have been especially controversial if it had not been for her insistence on visiting Taiwan, the independent island nation over which the People’s Republic of China has claimed sovereignty since nationalists fled there to escape the communist mainland takeover in 1949.President Joe Biden remains positive for Covid-19, but is otherwise doing almost fine, the White House announced.According to a letter from his doctor Kevin O’Connor, Biden’s “cough has almost completely resolved”, though his continued positive test means he will have to “continue his strict isolation measures”.You can read the full update here.The REPEAT Project, a Princeton University and Dartmouth College initiative to evaluate federal policies’ impact on emissions and climate change, has done a quick analysis of the climate change provisions in the Inflation Reduction Act.It’s a dense read, but it confirms the potency of the proposal, which would get the United States close, but not all the way, to meeting its targets for lowering emissions. Here’s a summary of its findings:.css-knbk2a{height:1em;width:1.5em;margin-right:3px;vertical-align:baseline;fill:#C70000;}The Senate Inflation Reduction Act would:
    • cut annual emissions in 2030 by an additional ~1 billion metric tons below current policy (including the Bipartisan Infrastructure Law)
    • close two-thirds of the remaining emissions gap between current policy and the nation’s 2030 climate target (50% below 2005)
    • get the U.S. to within ~0.5 billion tons of the 2030 climate target
    • reduce cumulative GHG emissions by about 6.3 billion tons over the next decade (through 2032).Republican state treasurers are coordinating efforts to retaliate against financial institutions that have taken steps to mitigate climate change, according to an investigation published today by The New York Times.While they still do plenty of business with oil companies, major asset managers like BlackRock and banks like Wells Fargo and JPMorgan Chase have signaled a desire to support the transition from fossil fuels. But Republican officials are trying to use their states’ financial heft to get the financial institutions to change course.Here’s more from the Times’ report:.css-knbk2a{height:1em;width:1.5em;margin-right:3px;vertical-align:baseline;fill:#C70000;} Last week, Riley Moore, the treasurer of West Virginia, announced that several major banks — including Goldman Sachs, JPMorgan and Wells Fargo — would be barred from government contracts with his state because they are reducing their investments in coal, the dirtiest fossil fuel.
    Mr. Moore and the treasurers of Louisiana and Arkansas have pulled more than $700 million out of BlackRock, the world’s largest investment manager, over objections that the firm is too focused on environmental issues. At the same time, the treasurers of Utah and Idaho are pressuring the private sector to drop climate action and other causes they label as “woke.”
    And treasurers from Pennsylvania, Arizona and Oklahoma joined a larger campaign to thwart the nominations of federal regulators who wanted to require that banks, funds and companies disclose the financial risks posed by a warming planet.
    At the nexus of these efforts is the State Financial Officers Foundation, a little-known nonprofit organization based in Shawnee, Kan., that once focused on cybersecurity, borrowing costs and managing debt loads, among other routine issues.
    Then President Biden took office, promising to speed the country’s transition away from oil, gas and coal, the burning of which is dangerously heating the planet.
    The foundation began pushing Republican state treasurers, who are mostly elected officials and who are responsible for managing their state’s finances, to use their power to promote oil and gas interests and to stymie Mr. Biden’s climate agenda, records show.President Joe Biden and first lady Jill Biden will travel to Kentucky on Monday, August 8, to survey damage caused by catastrophic flooding in the eastern part of the state, the White House announced.The death toll from the floods has hit 37, while hundreds remains missing. Scientists have linked the severity of the storm to climate change.Kentucky grapples with effect of climate crisis as floods leave trail of devastationRead moreRepublicans are on the defensive in Congress after Democrats coalesced around the Inflation Reduction Act and announced plans to begin voting on the marquee spending measure over the weekend.That doesn’t mean they don’t have a plan to try to stop it. Senators will get to offer amendments to the bill and CNN reports Republicans Lindsey Graham and John Thune have signaled they want to make that process, known as “vote-a-rama” as painful for Democrats as possible:“What will vote-a-rama be like? It will be hell” Graham told me of the marathon voting session on reconciliation. Thune promises “hard” votes. Goal for Republicans: Try to win a vote on the floor that will change the bill and convince Manchin and Sinema to tank it— Manu Raju (@mkraju) August 5, 2022 More

  • in

    Democrats secure breakthrough with Kyrsten Sinema on climate bill

    Democrats secure breakthrough with Kyrsten Sinema on climate billThe Arizona senator said she had agreed to last-minute changes on the measure’s tax and energy provisions Senate Democratic leaders say they have reached an agreement on the party’s major $739bn climate and economic bill with Kyrsten Sinema – the centrist Democrat whose opposition remained a major hurdle to passing the most ambitious US climate legislation yet. Democrat apologises for saying Biden won’t run in 2024 – then says it againRead moreThe support of Sinema, a former member of the Green party who has evolved into one of Congress’s most conservative Democrats, was crucial to the passage of the bill, which tackles energy, environment, health and tax measures. Its success is seen as the Democratic party’s most substantive chance to deliver domestic policy progress before the midterm elections.Backing from all 50 Democratic senators will be needed to pass any legislation in the evenly divided Senate given the party’s narrow majority and Republican resistance to acting on the climate crisis.The Senate majority leader, Chuck Schumer, said lawmakers had achieved a compromise “that I believe will receive the support” of all Democrats in the chamber. His party needs unanimity to move the measure through the 50-50 Senate, along with Vice-President Kamala Harris’s tie-breaking vote.Sinema, the Arizona senator seen as the pivotal vote, said in a statement that she had agreed to 11th-hour changes in the measure’s tax and energy provisions and was ready to “move forward” on the bill.She said Democrats had agreed to remove a provision raising taxes on “carried interest”, or profits that go to executives of private equity firms. That’s been a proposal she has long opposed, though it is a favorite of other Democrats, including the conservative West Virginia Democratic senator Joe Manchin, an architect of the overall bill.The carried interest provision was estimated to produce $13bn for the government over the coming decade, a small portion of the measure’s $739bn in total revenue.Securing Sinema’s support was the next challenge for Democrats after Manchin, the centrist Democrat famed for thwarting his own party’s climate goals, surprised Washington last week by backing the plan.Manchin, who has made millions of dollars from his ownership of a coal-trading firm, made an abrupt U-turn last week and announced support for $369bn in spending to support renewable energy and reduce emissions.Schumer has said he hopes the Senate can begin voting on the bill – known as the Inflation Reduction Act – on Saturday. Passage by the House, which Democrats control narrowly, could come next week.Final congressional approval of the election-year measure would be a marquee achievement for Joe Biden and his party, notching an accomplishment they could tout to voters as November approaches.The Senate and the House of Representatives are not in session on Friday but Schumer has indicated that he intends to move the bill forward this weekend and warned his Capitol Hill colleagues of some long days and nights of debate and votes ahead.Sinema agreed to the legislation in principle on Thursday night but added that before she can confirm, she needs it signed off by the Senate parliamentarian, the official who will check whether the spending bill complies with the rules to allow it to be passed using the reconciliation process that allows a simple majority vote, rather than being subject to the 60-vote majority filibuster rule.Schumer said that the deal first with Manchin and now with Sinema produced a bill that was now one step closer to becoming law.“The agreement preserves the major components of the Inflation Reduction Act, including reducing prescription drug costs, fighting climate change, closing tax loopholes exploited by big corporations and the wealthy, and reducing the deficit,” he said.Joe Biden urged the Senate to pass the bill swiftly. It must then return to the House for another vote before it can make its way to the US president’s desk.Bernie Sanders had been a big backer of the original $3.5tn Build Back Better bill, which was wide-ranging but has now shrunk down, after being blocked repeatedly by Manchin and Sinema, to the Inflation Reduction Act. The Vermont senator called the shrunken $739bn bill “better than nothing”, the Washington Post reported on Friday.Oliver Milman contributed reportingTopicsUS politicsDemocratsArizonaUS SenateUS domestic policyClimate crisisnewsReuse this content More

  • in

    US Senate overwhelmingly approves Nato membership for Finland and Sweden

    US Senate overwhelmingly approves Nato membership for Finland and SwedenIn 95-1 vote, body supports ‘slam-dunk for national security’ after Russia’s invasion of Ukraine The US Senate delivered near-unanimous bipartisan approval to Nato membership for Finland and Sweden on Wednesday, calling expansion of the western defensive bloc a “slam-dunk” for US national security and a day of reckoning for Vladimir Putin.The 95-1 vote for the candidacy of two European countries that, until Russia’s war against Ukraine, had long avoided military alliances took a crucial step toward expansion of the North Atlantic Treaty Organization and its 73-year-old pact of mutual defense among the United States and democratic allies in Europe.Joe Biden, who has been the principal player rallying global economic and material support for Ukraine, has sought quick entry for the two previously non-militarily aligned northern European countries.Approval from all member countries – currently, 30 – is required. The candidacies of Finland and Sweden have won ratification from more than half of the Nato member countries in the roughly three months since the two applied.“It sends a warning shot to tyrants around the world who believe free democracies are just up for grabs,” said Senator Amy Klobuchar, a Minnesota Democrat, before the vote.“Russia’s unprovoked invasion has changed the way we think about world security,” she added.In Taiwan, as in Ukraine, the west is flirting with disaster | Simon JenkinsRead moreThe Senate minority leader, Mitch McConnell, who visited Kyiv earlier this year, urged unanimous approval. Speaking to the Senate, McConnell cited Finland’s and Sweden’s well-funded, modernizing militaries and their experience working with US forces and weapons systems, calling the decision a “slam-dunk for national security” of the United States.“Their accession will make Nato stronger and America more secure. If any senator is looking for a defensible excuse to vote no, I wish them good luck,” McConnell said.Senator Josh Hawley, a Missouri Republican who often aligns his positions with those of the most ardent supporters of Donald Trump, has been one of the few to speak in opposition. Hawley took the Senate floor to call European security alliances a distraction from what he called the United States’ chief rival – China, not Russia.“We can do more in Europe … devote more resources, more firepower … or do what we need to do to deter Asia and China. We cannot do both,” Hawley said, calling his a “classic nationalist approach” to foreign policy.US state and defense department officials consider the two countries net “security providers”, strengthening Nato’s defense posture in the Baltics in particular. Finland is expected to exceed Nato’s 2% GDP defense spending target in 2022, and Sweden has committed to meet the 2% goal.Sweden and Finland applied in May, setting aside their longtime stance of military non-alignment. It was a major shift of security arrangements for the two countries after neighboring Russia launched its war on Ukraine in late February. Biden encouraged their joining and welcomed the two countries’ government heads to the White House in May.The US and its European allies have rallied with newfound partnership in the face of the Russian president’s aggression, strengthening the alliance formed after the second world war.“Enlarging Nato is exactly the opposite of what Putin envisioned when he ordered his tanks to invade Ukraine,” Senator Bob Menendez, a New Jersey Democrat and chairman of the Senate Foreign relations committee, said on Wednesday, adding that the west could not allow Russia to “launch invasions of countries”.Biden sent the protocols to the Senate for review in July, launching a notably speedy process in the typically divided and slower-moving chamber.Each member government in Nato must give its approval for any new member to join. The process ran into unexpected trouble when Turkey raised concerns over adding Sweden and Finland, accusing the two of being soft on banned Turkish Kurdish exile groups. Turkey’s objections still threaten the two countries’ membership.TopicsNatoUS SenateUS CongressUS politicsSwedenFinlandEuropenewsReuse this content More