ElizabethWarren
Sen. Tommy Tuberville (R-Alabama) blocked Sen. Elizabeth Warren‘s (D-Massachusetts) request to bring over 180 military promotions to the Senate floor. Tuberville opposes the Department of Defense’s (DOD) policy to provide leave and reimburse payments for service members who must travel and get abortions. Tuberville objected to a DOD policy that allowed military members to request leave for “non-covered reproductive health services.” The policy includes elective abortions and in-vitro fertilization. The first-term senator’s protests halted the promotion of Shoshana Chatfield to become the milit...
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Sen. Elizabeth Warren (D-Massachusetts) and Rep. Katie Porter (D-California) proposed changes to banking oversight in the wake of the Silicon Valley Bank collapse. The proposal would reintroduce banking regulations rolled back with bipartisan support during the Trump administration. “No one should be mistaken about what unfolded over the past few days in the U.S. banking system: These recent bank failures are the direct result of leaders in Washington weakening the financial rules,” Warren wrote in an op-ed for the New York Times. “But it’s no wonder the American people are skeptical of a syst...
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President Joe Biden announced the forgiveness of up to $10,000 in student debt for those who make under $125,000 a year. “In keeping with my campaign promise, my Administration is announcing a plan to give working and middle-class families breathing room as they prepare to resume federal student loan payments in January 2023,” Biden said in a statement posted on Twitter. “I’ll have more details this afternoon,” he added. In addition to up to $10,000 in forgiveness for working and middle-class individuals, Biden’s administration will offer up to $20,000 in forgiveness for Pell Grant recipients....
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Sen. Elizabeth Warren (Massachusetts-D) called House Minority Leader Kevin McCarthy (R-California) a “liar and a traitor” on Sunday after audio of McCarthy supporting former President Donald Trump‘s resignation following the January 6 Capitol attack was released. “This is outrageous,” Warren said during an appearance on CNN’s State of the Union. “And that is really the illness that pervades the Republican leadership right now, that they say one thing to the American public and something else in private.” “They understand that it is wrong what happened, an attempt to overthrow our government. A...
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Sen. Elizabeth Warren (D-Massachusetts) lauded the Biden administration for a new plan to impose a 20 percent minimum tax on billionaires. President Joe Biden presented the proposal that requires taxing unrealized gains to Congress on Monday. The senator advocated for the bill in response to an article about billionaire investor Leon Coopermanon Twitter. “Leon, before the tears start streaming down your face again, let’s remember: billionaires often pay less taxes than teachers, nurses, and firefighters,” she wrote defending Biden’s plan. “A Billionaires Income Tax would start to level the pla...
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The richest Americans pay a minute fraction of their income in taxes based on income, according to a new report from ProPublica. The United States has a theoretically progressive federal tax code, consisting of seven federal income tax brackets with rates ranging from ten percent to 37% depending on reported income. A source leaked a mass of Internal Revenue Service documents that show, in 2018, the 25 richest Americans paid 13.3% of their reported incomes in taxes – when they should have been paying a few points shy of 40% based on the tax code. To put it in perspective, a typical worker in A...
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The POW/MIA flag returned to its spot atop the White House on Friday morning – marking National Former Prisoner of War Recognition Day. According to a Biden official, the POW/MIA flag will permanently remain in its current position. In 2019, former President Donald Trump signed a bill that requires the flag be flown, alongside the U.S. flag, on certain federal properties at all times. However, the flag was moved to another location under the Trump administration, according to a video posted last June, causing frustration among veterans groups and lawmakers. It has not been disclosed why the ch...
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