“If House Republicans were actually serious about the deficit, they would demand wealthy corporations pay their fair share in taxes,” one advocate said. After threatening to force the government into default over the debt ceiling, Republican lawmakers Friday introduced new tax cuts that could add at least $21 billion to the federal debt over the next decade. Three […]
“After holding our entire economy hostage and threatening to trigger a global financial meltdown, Republicans protected wealthy tax cheats and creepy billionaires,” said Sen. Sheldon Whitehouse. A preliminary analysis from the Congressional Budget Office released Thursday estimates that the $21.4 billion in IRS funding cuts that Republicans and the Biden White House agreed to enact […]
“I didn’t come to Congress to hurt people,” said Rep. Jim McGovern. “And when I listen to my Republican friends, what is clear to me is that we don’t share the same values.” Rep. Jim McGovern, a leading anti-hunger lawmaker in the House, expressed anger Tuesday that the debt ceiling legislation negotiated by Republicans and the Biden administration […]
WASHINGTON — U.S. President Joe Biden and House Speaker Kevin McCarthy reached an agreement Sunday for a deal to increase the government’s borrowing limit and are urging Congress to approve the legislation to avoid a first-ever default. However, progressive Democratic lawmakers from the party’s ideological left and right-wing Republicans immediately voiced opposition Sunday to the deal […]