Friday, October 22, 2021

The bill

[O]ne sign of progress came late Thursday afternoon. [Arizona senator Kyrsten] Sinema has now agreed to a package of tax changes that would meet the president's goal of fully paying for the social spending package, according to a source familiar with Sinema's thinking. These changes would not impact the corporate rate, according to this source.

  NPR
By all means, don't raise taxes on corporations. I wonder why Kyrsten Sinema insisted on that.

Citizens United (aided and abetted by the Supreme Court) is destroying America.
The president had touted the Clean Energy Performance Program (CEPP), which provides incentives for utility companies to switch to greener technologies and fines those who don't, as the centerpiece of his climate agenda. He saw it as a tool that could achieve his goal of reducing greenhouse gas emissions by 50% by 2030. But the program has been dropped because Manchin, who represents a state heavily reliant on coal production, doesn't support it.
For a mere 14,000 people in West Virginia's coal industry, the planet will die as far as Manchin is concerned.
Biden, Pelosi and other congressional Democrats, are scheduled to travel to the COP26 climate change conference in Scotland at the end of the month, so negotiators are sorting through various other proposals that Manchin can back — a mix of tax credits and other programs — and that can show world leaders the U.S. is making good on its climate goals.
Sure.
The expanded child tax credit that was enacted as part of this spring's coronavirus relief package has been credited with dropping child poverty rates. Democrats view it as a key policy achievement. Biden had hoped to extend it for four more years. Democrats say now the plan is to extend the tax credit for just one year.

[...]

Paid family leave has also been scaled back in this smaller bill. During a CNN Town Hall in Baltimore Thursday evening, Biden said "it is down to four weeks." He had originally proposed 12 weeks.

[...]

Budget Committee Chairman Bernie Sanders, I-Vt., proposed to expand Medicare to cover vision, hearing and dental procedures. The costs for all three could prove too expensive in this smaller package. Biden said it would be a "reach" to get all three, but progressives say the president is committed to including something in the final bill. They also say Medicaid coverage is also expected to be expanded, but gave few details.

[...]

The Democrats' original bill included a plan for two years of free community college, but it is one item that both progressives and moderates said was not going to make it in a final deal.
Doesn't sound encouraging.

...but hey, do what you want...you will anyway.

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