By Andrew Lautz | Responsible Statecraft | September 2, 2021
Reporters, lobbyists, activists, Biden administration officials and, of course, lawmakers and their staffs spent countless hours and an ocean of ink on the negotiations for and passage of a recent bipartisan infrastructure bill totaling around $1 trillion. Casual observers probably won’t hear as much, though, about two votes — one in the Senate and one in the House — that could pave the way for Congress to spend a whopping $1.2 trillion additional dollars on the military, above current projections, over the next decades. Here’s how.
Lawmakers pave way for $1.2 trillion in new military spending over next 10 years
Tag: Elizabeth Warren
US to erase student debt for those with severe disabilities
US to erase student debt for those with severe disabilities
Advocates have pressed the Education Department to eliminate the monitoring period entirely and to provide automatic debt relief to people who the Social Security Administration already identifies as permanently disabled.
Under the new action, both demands will be met. Starting in September, the Education Department will start erasing student debt for 323,000 Americans identified in Social Security records as being permanently disabled.
With Bezos at the Helm, Democracy Dies at the Washington Post Editorial Board
CONFIDENTLY WRONG
In the Soviet Union, everybody was aware that the media was controlled by the state. But in a corporate state like the U.S., a veneer of independence is still maintained, although trust in the media has been plummeting for years.
With Bezos at the Helm, Democracy Dies at the Washington Post Editorial Board
Defense Secretary Lloyd Austin—Former Member of Raytheon Board of Directors—Has Awarded Over $2.36 Billion in Contracts to Raytheon Since His Confirmation in January
‘Divisive’: How Corporate Media Dismiss Ideas Unpopular With Elites
Perfidy Meets Putty – Congressional Democrats Betray Voters, by Ralph Nader
Dandelion Salad by Ralph Nader The Nader Page, Mar. 12, 2021 March 16, 2021
Do you remember the promises made by the Democratic Party’s presidential and Congressional candidates on universal health insurance? You can forget their pledges and somber convictions now that your votes put the Democrats in charge of the House and the Senate. The Democrats’ leaders are abandoning their promises and retreating into a cowardly corporatist future.
Perfidy Meets Putty – Congressional Democrats Betray Voters, by Ralph Nader
Biden Administration Talks to Guaidó, in ‘No Rush’ to Lift Venezuela Sanctions
Stimulus Bill Has This Hidden Student Loan Tax Benefit
Stimulus Bill Has This Hidden Student Loan Tax Benefit
The provision of the stimulus bill, if enacted, would change this, at least temporarily. It would exempt all student debt cancellation — whether complete or partial — from federal taxation. And the provision’s language is broad in that it appears to cover all types of student loans including Direct federal loans, federally guaranteed FFEL loans, and private student loans as well.
Perhaps most importantly, the window of coverage to January 1, 2026 means that it also, in theory, would cover any broad student debt cancellation enacted by President Biden or by Congress in the next four years, and would exempt any such cancellation of student debt from taxation. State taxing authorities, however, could still potentially consider student loan forgiveness as taxable.
Related:
17 Million Won’t Get Stimulus Checks—Expect The Same For Student Loan Cancellation
According to the Washington Post, this means that 17 million fewer Americans — including 12 million adults and 5 million children — will get a stimulus payment. As a result, individuals who earn between $80,000 and $100,000 as well as married or joint filers who earn between $160,000 and $200,000 will not get any stimulus check.
Wall Street’s Felon Banks Take a Short Holiday from Financing Political Campaigns
Donald Trump’s Mein Kampf & Lin Wood and Michael Flynn Call For Military Coup
The Democrats fear not Trump’s threats of violence and dictatorship, but the mass popular revolt that would be touched off if Trump actually attempts to carry out his long-threatened election coup. The Democrats know very well that America is a social powder keg, deeply divided between the fabulously wealthy financial aristocracy, which both Democrats and Republicans serve, and the vast majority of the population, struggling to survive.
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