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  1. Rewind is offline
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    Joined: Oct 2017 Location: Glendale CA Posts: 11,102
    09-29-2022, 08:10 PM #101
    Six Retrumplican-led states are suing to prevent Biden's student loan forgiveness plan from taking effect. Retrumplicans love to give huge tax cuts to banks, big corporations and the wealthiest Americans (who respond by making big cash contributions to the Retrumplican party) but they don't care about offering any financial assistance to those who really need it.

    Biden administration scales back student loan forgiveness plan as states sue

    https://www.cnn.com/2022/09/29/polit...uit/index.html

  2. Rewind is offline
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    Joined: Oct 2017 Location: Glendale CA Posts: 11,102
    11-10-2022, 10:46 PM #102
    Not surprisingly, this conservative federal judge was nominated by Donald Trump. Not surprisingly, he sided with a conservative advocacy group founded by a major Trump donor.

    Federal court strikes down Biden’s student loan forgiveness program

    https://www.cnn.com/2022/11/10/polit...own/index.html

  3. dm_4 is offline
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    Joined: Dec 2012 Location: Boston, Ma Posts: 3,021
    11-19-2022, 07:05 PM #103
    Quote Originally Posted by rewind View Post
    not surprisingly, this conservative federal judge was nominated by donald trump. Not surprisingly, he sided with a conservative advocacy group founded by a major trump donor.

    federal court strikes down biden’s student loan forgiveness program

    https://www.cnn.com/2022/11/10/polit...own/index.html
    winning! trump 2024!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  4. Rewind is offline
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    Joined: Oct 2017 Location: Glendale CA Posts: 11,102
    01-10-2023, 01:22 AM #104
    Retrumplicans now hold a majority in the House of Representatives. What was their first order of business? Dealing with Immigration? Inflation? Unemployment? Drug abuse? Gun violence? No, their first order of business was to vote to repeal $80 billion in funding – approved in 2022 – that would have allowed the IRS to hire 87,000 more agents and go after wealthy Americans who cheat on their taxes. These are the same Retrumplicans who in 2017 passed legislation giving huge tax cuts to banks, corporations and the wealthiest Americans. The IRS defunding is unlikely to pass the Democratic-controlled Senate.

    House GOP passes repeal of IRS funding boost

    https://thehill.com/homenews/house/3...-the-majority/

  5. Rewind is offline
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    Joined: Oct 2017 Location: Glendale CA Posts: 11,102
    01-16-2023, 06:58 PM #105
    In 2017, Congressional Retrumplicans passed Donald Trump's Tax Cuts & Jobs Act, which Trump declared would be like "rocket fuel" to boost the economy. Of course Trump lied. Most of the benefits went to banks, big corporations and the wealthiest Americans. That includes a reduction in the corporate income tax rate from 35% to 21%. Corporations applied their tax savings to stock buybacks rather than capital investments and the creation of new jobs. The Congressional Budget Office estimated the Retrumplican tax cuts would add $1.9 trillion to the national debt over a ten-year period. Biden's assessment of the Retrumplicans is justified and accurate.

    Biden knocks ‘fiscally demented’ Republicans in MLK Day speech
    The Hill, Jan 16 2023 1:59 PM ET

    President Biden today called Republicans "fiscally demented" and knocked GOP priorities during the keynote speech at the National Action Network’s annual breakfast to mark Martin Luther King Jr. Day. "They’re gonna talk about big-spending Democrats again. Guess what? I reduced the deficit last year $350 billion. This year, federal deficit is down $1 trillion-plus. That’s a fact. And there’s gonna be hundreds of billions reduced over the next decade. But so what? These guys are the fiscally demented, I think. They don’t quite get it," Biden said of Republicans, prompting laughter from the crowd.

    Biden also knocked a House proposal to implement a national sales tax– and vowed to veto the legislation if it gets through Congress.

    https://thehill.com/homenews/adminis...lk-day-speech/

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