That pledge could provoke a dramatic #constitutional showdown, w/vast consequences for how the govt operates. If #Trump returns to office, these efforts are likely to turn typically arcane debates over “#impoundment” #authority — or the president’s right to stop certain spending programs— into a major political flash point, as he seeks to accomplish via #edict what he cannot pass through #Congress.
Of course the Trump tax cuts were a giveaway to the rich. Republicans were told to pass it or abandon all hope of receiving further campaign donations. And naturally, they passed a bad law that made the rich richer and everyone else poorer. It did not provide any of the benefits Trump promised it would to the rest of the nation.
But he'll try to pass another one just like it if he's returned to power.
“Today, #immigrants are 60% less likely to be incarcerated than all US-born men, and 30% less likely to be incarcerated relative to white US-born men.”
#Shutdown deadline passes as #Senate votes on spending bill
The #House already passed the $1.2T bill. Funding for parts of the #FederalGovernment expired at 12:01AM Sat — but the Senate was working its way through a series of amendments to fund agencies for the next 6 months, which means the lapse in funding could end before fed #workers come in Mon.
#POTUS Biden on Mon called for major new spending initiatives to lower costs for #healthcare, #ChildCare & #housing & enough new taxes on the wealthy & major corporations to pay for those proposals & also shave $3 trillion off the #NationalDebt over the next decade.
That spending would be more than offset by dramatically increasing taxes on the wealthiest individuals & corporations, the WH said. #Biden’s #budget would increase the minimum tax on billion-dollar corporations to 21% from 15%. It would raise taxes on US multinationals’ foreign income to 21% from 10.5%, & eliminate some #TaxDeductions for executive compensation.