Here's Biden speaking on his $1.9 trillion plan. I appreciate the ambition. I believe it's a solid collection of policies. I think the strategy is kind of bonkers.
"With interest rates at historic lows, we cannot afford inaction."
The deficit hawk has been shooed away
Biden laying out the rescue half tonight, says the Build Back Better Plan will be the subject of his speech to a joint session of Congress (the State of the Union, effectively)
"The vaccine rollout in the United States has been a dismal failure thus far." It *started* that way, yes...
Put it this way, Biden is underpromising. He says the rollout's been a failure and he'll do 1 million shots/day. In the last week the average has been about 800,000/day. We need more of a ramp up than that.
The $400 billion for vaccine and testing is easily the most important and critical part of this bill. Massive return on investment.
Biden would top up the $300/wk unemployment supplement to $400/week.
On average since the beginning of the pandemic, we've been at just under $300/wk. (4 mo at $600, 5 mo at nothing, now $300)
That's a smart little note, contracting with restaurants to make food for the hungry. Two birds, one stone.
I've been talking to people this week about the rental assistance in the December COVID relief bill. They say that it looks like it'll be very difficult to access, and renters with small landlords might be less likely to get it
I don't know why you bury something as popular as a minimum wage increase inside a relief bill. Make Republicans vote against that straight up
"Imagine... all made in America, all made by Americans" Take that Ricardo
Why yes President-elect Biden, caregiving is an important issue, maybe the most prospect.org/familycare
Biden leaning hard into large investments now being more fiscally responsible in the future.
How long have we been closing those tax loopholes that ship jobs overseas? It was a big part of John Kerry's 2004 campaign speech.
The Prospect and The Intercept have learned that Renata Hesse, a former Obama Justice Department official who then went on to work for Google and Amazon, is a leading contender to head up the DoJ Antitrust Division.
Among other things, Hesse would presumably have to recuse herself from the active monopolization case against Google, the biggest anti-monopolization case in 20 years.
Jonathan Kanter, a plaintiff's lawyer who helped design the cases against Google and Facebook, remains "in the mix" for the same job, sources indicate.
Here's a good day of @TheProspect content:
First, @Marcia_Brown9 on "social accountability": how in the absence of legal action against elites with power and influence, civic structures have taken up this responsibility prospect.org/politics/new-e…
Then, @alex_sammon on Prop 22, the California measure keeping Uber/Lyft/Doordash drivers as independent contractors. In just the first month, consumers are paying more, drivers are getting less than promised, and other businesses are taking advantage. prospect.org/labor/prop-22-…
For 20 years or more in America the justice system has proven utterly incapable of equal justice, at every level. In that absence, you're just going to get institutions taking on their own forms of justice.
The exact same dynamic happened with #MeToo. Women went to complain about men on social media because there was no hope of success through legal channels.
This could be a chapter of my book Monopolized, I swear.
So if you look at this map it may confuse you to see that the top state in terms of getting the vaccine doses out is West Virginia. That's one of them anti-gubmint red states! How? Well... bloomberg.com/graphics/covid…
Well, West Virginia was the only state that didn't sign a contract with the federal government to let CVS and Walgreens administer the vaccination program in nursing homes. scpr.org/news/2021/01/0…
West Virginia has almost no chain pharmacies. The state instead delivered the supply to independent pharmacists, who had existing relationships with nursing homes in the state. As a result every facility in WV has gone through a first dose.
I'm extremely proud of our Georgia runoff coverage because we went right to the places where this election would be decided: Black organizers, Black voters, inside and outside of Atlanta. prospect.org/topics/eyes-on…
Here's the great @elihday writing about Kelly Loeffler's old, tired fearmongering of Sen.-elect Warnock, which goes all the way back to Reconstruction. This demonization failed. prospect.org/politics/kelly…
Then Eli went on the Black Voters Matter tour, which stressed year-round organizing to build power. This was a decade in the making and it paid off. prospect.org/politics/black…
In the House rules package, there are specific exemptions to PAYGO for Covid measures and also climate mitigation!
(there's also statutory paygo, but that tends to only be important if the OMB director pays attention to it.