Tag: reconciliation

Democrats Say Reconciliation Deal Nearing Completion

After months of delays and infighting, Democratic lawmakers are increasingly confident that they are on the home stretch in negotiations between moderates and progressives over the details of Democrats’ reconciliation bill. Democrats are now months off schedule in passing their reconciliation bill, as internal party divisions have pushed leadership past deadline after deadline with no…


Welcome to Country: Form Over Substance

Commentary “First, I would like to acknowledge the Aboriginal and Torres Strait Islander peoples of the nation. I pay my respect to Elders, past, present, and emerging, and acknowledge the traditional custodians of the land on which this event takes place.” The ‘Acknowledgement of Country’ and ‘Welcome to Country’ rituals have become embedded into the…


Welcome to Country: Form Over Substance in Achieving Real Change

Commentary “First, I would like to acknowledge the Aboriginal and Torres Strait Islander peoples of the nation. I pay my respect to Elders, past, present, and emerging, and acknowledge the traditional custodians of the land on which this event takes place.” The “Acknowledgement of Country” and “Welcome to Country” rituals have become embedded into the…


Manchin Indicates Framework Deal Needs More Time

Sen. Joe Manchin (D-W. Va.) told reporters Thursday that he does not expect Democrats to reach an agreement on the broad details of their multi-trillion-dollar reconciliation bill by Friday, despite hopes from leaders that a deal was in sight. After Democrats gathered at a Tuesday lunch to discuss their long-delayed reconciliation bill, Senate Majority Leader…


‘Universal Agreement’ That Reconciliation Compromise Is Necessary: Schumer

After Democrats gathered at a Tuesday lunch to discuss their long-delayed reconciliation bill, Senate Majority Leader Chuck Schumer (D-N.Y.) reported that there was “universal agreement” that a compromise must be reached as divisions in the party continue to hold up the legislative process. Democrats are now months off schedule in passing their reconciliation bill, as…


Yellen Backs Down on IRS Snooping on Americans’ Bank Accounts

Secretary of the Treasury Janet Yellen has relented in response to backlash over a controversial proposal by Democrats that would have allowed the IRS to gain information from any American bank account with more than $600 of activity in a year. The measure initially came to light as a part of Democrats’ $3.5 trillion reconciliation…


Manchin Opposes Key Democratic Climate Policies in Reconciliation Bill

Democrats in both chambers of Congress have long emphasized their $3.5 trillion budget bill’s climate policies as constituting a crucial element of the bill; however, moderate Sen. Joe Manchin (D-W. Va.) remains unconvinced on these, even as Democrats speed toward another legislative deadline at the end of October. For most Democrats in Congress, policies to…


Republicans Push Back as Yellen Defends IRS Snooping Into Bank Accounts

Secretary of the Treasury Janet Yellen defended Democrats’ plan to allow the Internal Revenue Service (IRS) to retrieve Americans’ personal information from their banks, a plan that Republicans have decried since news of it became public. Since the introduction of their reconciliation bill, Democrats have insisted that the bill will not add to the debt…


Pelosi Doubles Down On IRS Looking Into Bank Transactions

Speaker of the House Nancy Pelosi (D-Calif.) has doubled down on a provision in the Democrats’ multi-trillion-dollar reconciliation bill that would allow the Internal Revenue Service (IRS) to see information on all Americans’ bank transactions totaling $600 or more. Republicans and banks have raised the alarm about the provision, reporting that their constituents and clients…


Democrats Negotiating With Moderates Over Drug Pricing Provisions

Democratic leaders are considering changing a provision in their signature $3.5 trillion reconciliation bill that would limit the costs of prescription medication, a provision that key moderate swing voters have found especially odious. Specifically, the provision would cap the price of prescription drugs to a level consistent with the prices paid for the same medication…