Democrats are putting about 20 billion behind a top priority of @sunrisemvmt, their Civilian Climate Corps, but the legislation also throws some of those billions at traditional Americorps, which is causing consternation in the caucus /1
Americorps is a small ($1 billion) program that is poorly managed and doesn't have a ton of support in cities where its active. Some Dems want the DoL to run it instead. I talked to Jamaal Bowman about it in this week's podcast theintercept.com/2021/10/28/dec…
Also asked AOC and Bernie Sanders about it this week and both are supportive of keeping it in Americorps, despite the program's problems.
One argument is the new money would overcome the management difficulties, but it could also become a boondoggle and undermine the entire notion, and Sunrise's credibility, if it's a giant mess
Actually CCC is $30 billion not 20
Currently Americorps pays $7/hr and this’ll raise it to $15, which is what they mean in large part by the funding fixing a major problem. And DoL isn’t an ideal solution either.
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It’s interesting how people are laser focused on the potential long term harms of the vaccine yet remarkably unconcerned about the long term harms of covid. On both, we simply don’t know, but there’s this weird confidence that the vaccine is obviously more harmful long term.
Warren, Wyden, and Angus King unveiling their alternative minimum corporate tax that relies on corporate public claims of their profits
King estimates it would raise $400 billion over 10 years, noting the share of corporate tax revenue to the government has shrunk by 75% over the last 40 years
Warren says she and King wanted the tax to apply to profits above $100 million, but to get 50 votes they needed to put it at a billion.
Absolutely wild that a guy who literally owns a coal producing business that generates millions for him — currently — can make this kind of decision for the whole country and it’s not illegal
On the Congressional Progressive Caucus conference call today, every member who spoke -- roughly 2 dozen -- said they were committed to opposing the bipartisan bill until reconciliation is ready, per a source. Not one member said they'd vote yes on Thursday.
Two frontliners (means they're in swing seats) argued that anybody who thinks Dems will pass reconciliation if they let BIF go through first are fooling themselves, and that they NEED the reconciliation bill for their re-election. It's filled with popular stuff they can run on.
Excellent assessment of the intellectual emptiness of today's centrism as embodied by Manchin, Sinema, @JoshGottheimer etc.
Previous centrists advocated policies they thought would fend off the left and right both. Today's centrist advocate nothing. nytimes.com/2021/09/22/opi…
That's why neither Sinema nor Manchin will tell you what they want in this reconciliation bill. Because they have no idea. They want nothing, but don't know how to say that. So they say nothing and "raise concerns."
Today's centrists are actually just conservative guardians of the status quo, which differs from the previous generation of centrists during the New Deal.