“MAGA Republicans don’t give a damn about the deficit, and today’s estimate of the cost of kickbacks for their friends and donors is further proof,” said Senate Budget Committee Chair Sheldon Whitehouse. While congressional Republicans hold the global economy hostage by refusing to raise the U.S. debt ceiling without major spending cuts that would hurt the working […]
“It’s a centerpiece of the ransom Speaker McCarthy has cobbled together as he threatens to trigger a catastrophic default,” said Democratic Sen. Ron Wyden. The Democratic chair of the Senate Finance Committee said Wednesday that the House GOP’s newly released debt ceiling legislation shows that the often fractious right-wing caucus is unified around at least one common […]
Billionaires have seen their wealth skyrocket over the past two years, adding roughly $2.7 billion per day to their fortunes while ordinary people struggle to afford basic necessities. As the world’s corporate and political elite convened in Davos, Switzerland for the first winter World Economic Forum in three years, an analysis published Monday by Oxfam International […]
“Our democracy is broken when one man who profits from the fossil fuel industry can defy the 81 million Americans who voted for Democrats to stop the climate crisis.” Sen. Joe Manchin of West Virginia informed Democratic leaders Thursday that he will not support any new climate spending or tax increases targeting the wealthy and large […]