Author: Aris Folley

Democrats could see a bruising clash with Sanders over economic bill

Democrats are bracing for a grueling weekend of vote-a-rama in the hopes of finally passing their long-sought economic bill, known as the Inflation Reduction Act. Republicans have vowed to force a series of tough votes in opposition of the plan. But some of lawmakers’ most painful votes could come from one of the Senate’s foremost progressive crusaders. Sen….

Republicans vow ‘hell’ for Democrats over economic bill

Republicans are sharpening their knives while the Senate prepares to hunker in for a long weekend as Democrats deploy a special process to pass the party’s sprawling health care, tax and climate plan without buy-in from across the aisle. Republican leaders fumed over the Democratic effort at a press conference on Friday, one day before…

Ex-IRS heads say reconciliation bill will help agency target wealthy tax cheats

Three former heads of the Internal Revenue Service (IRS) are throwing their support behind a Democratic effort to boost funding for the tax agency to help target higher-income individuals and corporations they say “illegally evade their tax obligations.” Fred Goldberg, who headed the agency under then-President George H. W. Bush, joined Charles Rossotti and John…

What is a Senate vote-a-rama?

Democrats are working quickly to move a sprawling tax, health care and climate plan through the Senate in the coming days using a complex procedure known as budget reconciliation that could allow passage without any Republican votes. If Democrats remain unified in the critical stretch between now and when they bring the bill to a…

Democrats’ plan would decrease deficit by more than $100B: CBO

The Congressional Budget Office (CBO) on Wednesday released estimates for Democrats’ sprawling reconciliation plan, forecasting the legislation would lead to a net deficit decrease of more than $102 billion over roughly the next decade. The estimates from the nonpartisan budget scorekeeper come as Democrats are moving quickly to pass the mammoth bill, dubbed the Inflation Reduction Act, later this…

GOP targets Sinema while going all out to block Democratic bill

Senate Republicans say they’re planning to pull out all the stops to deal some pain to Democrats as the majority party gets set to move a sweeping tax reform bill through the chamber and to the House and President Biden. Republicans are strategizing and laying the groundwork to make things as difficult for Democrats as…

Manchin says he has reached a deal with Schumer on taxes, climate

Sen. Joe Manchin (D-W.Va.) announced on Wednesday that he has struck a deal with Senate Majority Leader Chuck Schumer (D-N.Y.) on legislation aimed at advancing key pieces of President Biden’s agenda, including measures that target taxes, lowering drug prices and combating climate change. “I strongly support the passage of commonsense policies that reduce inflation and…