Ryan And Trump Passed Their Tax Bill-- Everyone Is Pissed, Except The Billionaire Class
A rising tide is supposed to lift ALL ships, not just the yachts.-Laura Oatman, Orange County Democrat taking on Dana Rohrabacher (CA-48)
A rising tide is supposed to lift ALL ships, not just the yachts.-Laura Oatman, Orange County Democrat taking on Dana Rohrabacher (CA-48)
I feel like Austin Frerick, the former Treasury Department economist running for Congress in the Des Moines-based Iowa seat (IA-03), has become a friend aside from just one of the Blue America-endorsed candidates. I feel like I learn something every time I talk with him.
Tonight I want to talk about the SIFI Threshold, That';s because I had lunch with my old friend Roberto Rodriguez-- former congressional candidate and later special assistant for legislative affairs to the Secretary of the Treasury (Geithner at the time). So what's SIFI? Don't worry, I didn't know either til Roberto explained it over a bowl of pasta.
On Friday, Trump appointed right-wing crackpot and OMB Director Mick Mulvaney acting director of the Consumer Finance Protection Bureau. But there already was an acting director.
Ryan got his Republican tax scam through the House yesterday 227-205. No one doubted it would pass the House. Only 13 Republicans dared to stand up for their constituents instead of the multimillionaires and billionaires who will benefit from this travesty. Most were from New York, New Jersey and California.
The Washington Post's Robert Costa and Philip Rucker reported that-- wait for it-- Republicans fear Democratic wins mean more losses to come. Who'd a thunk?
I hope Jonathan Chait is correct about the GOP tax plan being political suicide... but I'm not as certain as he is. Have you started seeing the ads yet? Millions of dollars of patently fake spots are blanketing TV from coast to coast claiming how fabulous the plan is. There isn't an ounce of truth in them but...