Home Daily Feature Tuesday News: GOP Tax Bill “Manifestly Corrupt”; “Trump’s National Security Strategy Is...

Tuesday News: GOP Tax Bill “Manifestly Corrupt”; “Trump’s National Security Strategy Is a Farce”; “Useful Idiot” Jill Stein Being Investigated; Good Luck to Shelly Simonds in This Morning’s HD-94 Recount !

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by Lowell

Here are a few national and Virginia news headlines, political and otherwise, for Tuesday, December 19. Good luck to Democrat Shelly Simonds in her recount this morning for Virginia House of Delegates in HD-94; Simonds just needs 10 votes to tie and 11 votes to win (and move the House of Delegates to a 50-50 tie)!

  • Marc Sher

    Is there a liveblog of the recount in HD-94?

    • I doubt I can do it, but if anyone else wants to volunteer. 😉

  • Billionaire Michael Bloomberg rips GOP’s “Trillion Dollar Blunder” tax monstrosity – “all in the wrong direction”

    https://www.youtube.com/watch?v=CUupqYUVFtQ

  • Beyer on Passage of GOP Tax Bill: “Those Who Voted for This Monstrosity Will Be Held Accountable”

    December 19, 2017 (Washington, D.C.) – Rep. Don Beyer today issued the following statement upon House passage of H.R. 1, the GOP bill to cut taxes for the wealthy:

    “One month ago, when the House passed an early version of this bill, I asked how any of my colleagues could vote for legislation “that will raise taxes on millions of middle class Americans in order to fund tax cuts for the wealthy, and yet still manages to explode the deficit?” Today the Republican majority somehow passed an even worse bill.

    The tax bill just passed by the House would raise taxes on 86 million households over the next decade, according to a nonpartisan estimate, while 83 percent of the benefits go to the wealthiest 1 percent. They specifically lowered rates for the highest bracket and exempted multi-millionaires from the estate tax, while making the meager cuts for the middle class temporary. They have also included attacks on the Affordable Care Act which will kick an estimated 13 million Americans off their health insurance and lead to higher premiums for working families.

    At its core, this bill is an immoral redistribution of wealth towards the richest among us at a cost of trillions of dollars, and I believe that those who voted for this monstrosity will be held accountable.”

    The tax bill, H.R. 1, passed today over bipartisan opposition without receiving a single Democratic vote. Congress’ budgetary scorekeeper, the Congressional Budget Office, estimated that its effective repeal of a key piece of the Affordable Care Act will lead to 13 million more uninsured Americans by 2027. The nonpartisan Tax Policy Center estimated that the legislation will lead to tax increases on 86 million households by 2027 while giving 83 percent of its cuts to the wealthiest 1 percent of the country.

    Representative Beyer serves as co-Chair of the House Democratic Caucus Jobs for America Task Forces, which crafts legislation to benefit hardworking Americans and middle-class families. He serves on the Joint Economic Committee, and previously ran a successful Northern Virginia business for over 40 years.

  • Quizzical
  • Quizzical

    Climate change video by Katherine Hayhoe
    https://m.youtube.com/watch?feature=youtu.be&v=m50bYJX2i6I

  • STATEMENT OF U.S. SEN. MARK R. WARNER

    ~ On Senate passage of GOP tax bill ~

    WASHINGTON — U.S. Sen. Mark R. Warner (D-VA), a member of the Senate Finance and Budget Committees, issued the below statement after the Senate voted along party lines 51-48 to approve the budget-busting GOP plan to cut taxes for corporations and the richest Americans:

    “This is the worst piece of legislation we have passed since I arrived in the Senate.”

    Nonpartisan analyses released yesterday confirm the final Trump-Republican tax bill will hike taxes on millions of middle-class Americans in order to pay for massive cuts for corporations and the wealthiest Americans. By 2027, under the Trump-Republican tax bill, families earning under $75,000 would pay more in taxes than they do today – while the top 1 percent would enjoy the largest tax breaks, according to the Joint Committee on Taxation (JCT).

    And the Tax Policy Center estimated that 53 percent of American households will face tax hikes in 2027 while the top 0.1 percent of taxpayers will get an average tax cut of nearly $200,000. The top one percent of taxpayers are expected to receive 83 percent of tax benefits.

    On top of this, the Committee for a Responsible Federal Budget estimated that the true cost of the final, unpaid-for GOP tax bill is roughly $2.5 trillion, adding to our $20 trillion national debt.

    The bill now heads back to the House of Representatives, where it is expected to pass and be sent to the President for his signature without a single Democratic vote.