Are America’s billionaires oligarchs? It’s a strange question for many who see oligarchs as a uniquely foreign problem. But the answer is, without a doubt, yes. We’ve heard a lot about oligarchs in the news over the last year, as Russia’s unprovoked invasion of Ukraine has sparked a fierce international backlash against the aggressors and brought attention to the inner workings of the Russian state. Along with a … Continue reading Are America’s billionaires oligarchs?
Today, President Biden gathered thousands of lawmakers, activists, and supporters for a celebration at the White House to recognize Democrats’ successful passage of the Inflation Reduction Act (IRA) last month. Our very own Chairman, Morris Pearl, was among the President’s honored guests applauding the IRA as a win for tax fairness and economic justice. Today’s event at the White House is a celebration of last month’s victory, … Continue reading IRA Support Bodes Well for Democrats in the Midterms
Last week, The New York Times dropped a bombshell on the political world. The paper reported that one man donated an incredible $1.6 billion to a conservative nonprofit last year, giving an immense amount of unaccountable power to one of the conservative movement’s chief architects. For this week’s Closer Look, we want to tell you more about this donation and the faults that it exposes in both our campaign … Continue reading $1.6 billion reasons to fix our campaign finance and tax systems
Last week, Senator Manchin blindsided his Democratic colleagues when he reversed course on his previous demands that their agenda be focused on tax reform and declared that he would not vote to raise taxes on the rich or massive corporations. In doing so, he dashed Democrats’ hopes to pass any sort of meaningful tax legislation before November. He also ironically proved, by showing the country … Continue reading Joe Manchin Just Showed Why We Need the OLIGARCH Act
Last week, the House committee investigating the January 6th attack on the US Capitol began a series of public hearings in prime time. If you missed them, you can check out an ongoing list of highlights here. As expected, Donald Trump’s election fraud lies and threats of violence have taken center stage at the hearings as direct causes of the violence that unfolded on January 6th. … Continue reading Money in politics is dangerous to democracy
Confirmation hearings for Judge Ketanji Brown Jackson, President Biden’s pick to replace Justice Stephen Breyer on the US Supreme Court, began yesterday in the Senate Judiciary Committee. The hearings will continue the rest of the week, after which the Committee will vote on whether to send her nomination to the full Senate for consideration. To the surprise of absolutely no one, most Republican Senators are … Continue reading Get dark money out of our democracy
Over the last two years of the pandemic, billionaires had a financial field day. As we previously reported, the world’s ten richest men doubled their collective fortunes – from $700 billion to $1.5 trillion – at the same time that incomes for 99% of humanity fell. America’s 740 billionaires also increased their combined wealth by no less than $2 trillion over the same period. This week, the ultra-rich are … Continue reading We Have A Billionaire Problem
Before the Thanksgiving recess, House Democrats were finally able to pass their version of President Biden’s Build Back Better Act through the process of reconciliation. We took the time to celebrate this action as a step in the right direction for tax fairness and economic equity. There’s still more work to do, however, as Senate Democrats now need to negotiate their version of the bill. Senate Majority Leader … Continue reading Manchin and Sinema need to get on board with Build Back Better
Earlier this week, after months of negotiations, a bipartisan infrastructure bill passed in the Senate. This was followed quickly by a $3.5 trillion budget that sets the stage for Democrats to pass a reconciliation bill that would make one of the largest investments in American families in the last half century. But while we’re in a moment of great opportunity, there are, as always, many … Continue reading Overcoming the Opposition
Our democracy is under attack. As of today, more than 300 different pieces of voter suppression legislation have been introduced across the country. Just last week, in Georgia, the state that tipped the Senate for Democrats in January, Governor Brian Kemp signed a sweeping 98-page omnibus “election” bill (aka voter suppression bill), into law surrounded by white male legislators under a painting of a slave … Continue reading Use The For The People Act to Fix The Damage of Anti-Voter Legislation
With their first full week in control of the House, Senate, and the Presidency underway, Congressional Democrats are prioritizing the For the People Act, a comprehensive set of reforms to end special interest control of Washington.. That’s cause to celebrate. In a recent 2020 poll of voters across party lines, a whopping 67% said they support the bill, including a majority of Republicans and independents. … Continue reading The For the People Act, the first step to healing America
Ten years ago today, the Supreme Court shocked the nation with a ruling that declared legislation limiting campaign spending by corporations, unions, and nonprofits violated the first amendment. Since that calamitous decision to allow unrestricted political spending, we’ve witnessed the most expensive decade of American elections and the degradation of the average voter’s political power. The 2010 decision was the final nail in the coffin … Continue reading A Decade After Citizens United: Big Money Wins, Voters Lose
As 2019 comes to a close, let’s take a moment to look back at the major events that impacted the state of the economy – and the national conversation around our three core issues – as we enter the new year, and the many policy developments this year that are giving us hope for better, brighter decade to come.
When Floridians voted yes on Amendment 4 last year, they spoke loud and clear: 65% voted to restore voting rights for Floridians who completed a felony sentence (except for felony sex crimes and murder), opening the door for over 1.5 million disenfranchised Floridians to regain their voting rights. But on Wednesday, the Florida House passed a measure requiring those with felony convictions to pay up … Continue reading Florida Republicans Are Bringing Back Poll Taxes
There is no amount of money that equals the worth of a human life. This should be the preface to every debate we have about our gun laws in this country, and the only afterword to every mass shooting. It is what we should remind ourselves of, shamefully, when our government does absolutely nothing to stop the next shooting because of the stranglehold that the … Continue reading Campaign Finance Reform Will Literally Save Lives
This blog is one in a series on HR 1, the For The People Act. Corporate Spending on Elections As their first order of business, House Democrats introduced HR 1 as soon as the new 2019 Congress came into session. An anti-corruption, pro-democracy reform bill, the For The People Act is aimed at improving our democracy for all Americans by limiting the corrupting influence of … Continue reading What’s in HR 1? Corporate Spending on Elections
As their first order of business, House Democrats introduced HR 1 as soon as the new 2019 Congress came into session. An anti-corruption, pro-democracy reform bill, the For The People Act is aimed at improving our democracy for all Americans by limiting the corrupting influence of money in politics and making voting easier, not harder. Today, it passed in the House without any Republican support. … Continue reading House Dems Votes “Yes” on HR 1, the For The People Act
This week, Senator Elizabeth Warren (D-MA) announced she would not attend private fundraisers or one-on-one meetings with big donors. In doing so, she is declining to participate in a traditional avenue of fundraising, potentially crippling her campaign’s ability to raise money from the start. But in doing so, she is making a powerful statement that is likely to reverberate throughout the Democratic primary: the time … Continue reading Sen. Elizabeth Warren Says No To Private Meetings with Big Donors
In the two months after Republicans introduced the Tax Cuts and Jobs Act (TCJA), their massive tax overhaul in 2017, millionaires and billionaires “dramatically boosted” their political donations, contributing over $31 million in 60 days. This is just one the latest examples of the corrupting influence of money in politics. While it makes sense that if a member of Congress shares one’s views, that person … Continue reading Our Democracy Needs Fixing
This week, Senator Mitch McConnell authored a piece in the Washington Post where he falsely portrayed HR 1, the House Democrat’s sweeping anti-corruption, pro-democracy reform bill, as a partisan attack on political freedom. In the process, McConnell revealed just how little he or his Republican colleagues actually care about the core tenets of our democracy, and how blatantly he’s willing to lie to preserve whatever … Continue reading Why is Senator Mitch McConnell Against Improving Our Democracy?