‘There Should Be Consequences for It’: Ocasio-Cortez Slams Big Oil Price Gouging

Echoing her fellow “Squad” member, Rep. Ilhan Omar (D-Minn.) said that “Big Oil CEOs need to be held accountable for profiteering.” Rep. Alexandria Ocasio-Cortez on Monday took aim at corporate profiteers, calling for “consequences” for those who price gouge under the pretext of record inflation and international crises. Responding to a tweet from MSNBC host Stephanie Ruhle, whoContinue reading “‘There Should Be Consequences for It’: Ocasio-Cortez Slams Big Oil Price Gouging”

Dems Face 2022 Nightmare, Critics Warn, If Student Debt Payments Restart and Child Credit Ends

“These are policy choices,” said one economic justice group. “We don’t have to choose this. All of this is 100% unnecessary and avoidable.” Progressives are spelling out for the Democratic Party the disastrous implications that are likely to come with the government’s possible failure to extend the enhanced child tax credit right as the White HouseContinue reading “Dems Face 2022 Nightmare, Critics Warn, If Student Debt Payments Restart and Child Credit Ends”

‘Bad Politics, Bad Policy’: Sanders Slams House Democrats for Including Tax Cut for Rich in BBB

“The bottom line here is we have to help the middle class, not the 1%,” said the senator. Sen. Bernie Sanders warned late Thursday that a tax deduction that will disproportionately benefit wealthy Americans and that Democratic House leaders insisted on keeping in the Build Back Better Act will harm the party in upcoming elections,Continue reading “‘Bad Politics, Bad Policy’: Sanders Slams House Democrats for Including Tax Cut for Rich in BBB”

Bernie Sanders urges Californians to reject ‘bold-faced Republican power grab’ in new Newsom recall ad

California Gov. Gavin Newsom has enlisted Sen. Bernie Sanders in his fight to remain in office, with the progressive icon urging voters to reject a “bold-faced Republican power grab” in a new recall ad. The spot released on Monday by Stop the Republican Recall, a countereffort launched by Newsom’s team, features the Vermont independent asking votersContinue reading “Bernie Sanders urges Californians to reject ‘bold-faced Republican power grab’ in new Newsom recall ad”

Elizabeth Warren, Bernie Sanders propose 3% wealth tax on billionaires

Sen. Elizabeth Warren, Sen. Bernie Sanders and other Democrats on Monday proposed a 2% annual tax on wealth over $50 million, rising to 3% for wealth over $1 billion. The Ultra-Millionaire Tax Act would aim to close the U.S. wealth gap, which has grown wider during the Covid pandemic. A slew of Democrats on CapitolContinue reading “Elizabeth Warren, Bernie Sanders propose 3% wealth tax on billionaires”

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