Newsletter Subject

Republicans Block Bipartisan Border Bill a Second Time

From

thefiscaltimes.com

Email Address

newsletter@thefiscaltimes.com

Sent On

Thu, May 23, 2024 10:53 PM

Email Preheader Text

Plus: House Republicans plow toward 2025 spending fight ‌ ‌ ‌ ‌ ‌ ‌ â

Plus: House Republicans plow toward 2025 spending fight ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ [The Fisc](   By Yuval Rosenberg and Michael Rainey Happy Thursday! We’ll be back in your inbox after the Memorial Day holiday. Have a great long weekend! (Reuters) Republicans Block Bipartisan Border Bill in the Senate The Senate on Thursday failed for a second time to advance a border bill that would expand presidential power to restrict immigration, reduce the number of asylum claims and provide additional funding for security and legal personnel. The bill was the product of a bipartisan compromise reached in February. It failed in the Senate after former President Donald Trump said he opposed it and indicated he wanted to keep the issue alive for political reasons. Thursday’s second vote on the bill was seen largely as a messaging opportunity for Democrats, who say Republicans are more interested in using the border for political posturing than in taking steps to improve the situation. The vote was 43-50, with only one Republican, Sen. Lisa Murkowski of Alaska, voting in favor of the bill. Six Democrats and the rest of the Republicans voted no. Two of the bill’s sponsors, Sen. James Lankford, Republican of Oklahoma, and Sen. Kyrsten Sinema, independent of Arizona, voted against it. The bill’s third sponsor, Sen. Chris Murphy, Democrat of Connecticut, voted yes. Senate Majority Leader Chuck Schumer, a Democrat from New York, hammered the political message home. "The contrast between Democrats and Republicans is clear today and will be even clearer in November," he said. "Democrats want to fix the border and get something done. Republicans want to give speeches, let the border fester and do absolutely nothing to fix the problem." The White House echoed the theme. "Congressional Republicans do not care about securing the border or fixing America’s broken immigration system," President Joe Biden [said]( following the failed vote. "If they did, they would have voted for the toughest border enforcement in history. Instead, today, they put partisan politics ahead of our country’s national security." Senate Minority Leader Mitch McConnell defended his caucus’s rejection of the bill, while claiming the border crisis is wholly the responsibility of the Biden administration. "The president needs to step up to it — do everything he can do on his own because legislation is obviously not going to clear this year," McConnell told reporters earlier this week. House Republicans Plow Toward 2025 Spending Fight As the House is beginning its work on fiscal year 2025 spending bills, the Appropriations Committee on Thursday approved an overarching GOP plan for divvying up just over $1.6 trillion in discretionary funding. The allocations, approved by a 30-to-22 margin, were previewed [last week]( by Republican Committee Chairman Tom Cole of Oklahoma, who said again today that the proposed funding levels adhere to the bipartisan agreement codified in last year’s Fiscal Responsibility Act — a claim Democrats [dispute]( because the numbers don’t include the negotiated side deals. House Republicans’ proposed allocations would increase defense spending by nearly $9 billion to more than $895 billion while cutting non-defense spending by 6%, to $710.7 billion, with some agencies in line for steeper cuts of 10% or 11%. The subcommittees on Commerce, Justice, and Science and Financial Services and General Government would get significant increases while Labor, Health and Human Services, and Education would see a large cut, as would the State Department and Foreign Operations subcommittee. "An honest accounting of our fiscal state shows that mandatory spending is the main driver of our budgetary crisis, not discretionary spending. But we must still do our part to be good stewards of taxpayer dollars," Cole said at Thursday’s markup. Democrats panned the GOP budget allocations and said the proposed topline funding levels fell short of last year’s deal and what the American people need. "While I know we will have cordial and respectful negotiations down the line, quite frankly, I am experiencing déjà vu all over again, as we begin down an already well-trodden path towards chaos, division, and shutdown threats," said Rep. Rosa DeLauro, the top Democrat on the committee. "Democrats will accept nothing less than a 1% increase over 2024 in nondefense and defense funding. That means that the starting point for 2025 for nondefense must be at least $786 billion. Instead, the Chair’s allocations walk away from that commitment and take off the table at least $75 billion in investments for American families." Appropriators approve MilCon funding bill: The Appropriations Committee also approved an appropriations bill covering Military Construction, Veterans Affairs, and Related Agencies. The plan would provide more than $147 billion in discretionary funding and $231 billion for mandatory programs for a total of $378.6 billion. "We’ve fully funded health care and benefits for our veterans and ensured the quality of life of our troops and their loved ones are prioritized," Cole said. But the bill also [revives]( Republican efforts to enact controversial culture war measures limiting access to abortion, prohibiting the use of funds "to promote or advance critical race theory" and restricting diversity efforts and transgender care. Democrats blasted the legislation and said the GOP plan would worsen the quality of life for servicemembers and veterans while cutting $718 million from last year’s military construction funding. "House Republicans could have very easily found broad, bipartisan support for this bill, but they chose not to. Instead, they failed to adequately fund military construction projects and loaded the bill with extreme, harmful policies meant to divide rather than unite our country," DeLauro said. "With this bill, the first of fiscal year 2025, House Republicans have shown the country that they plan to follow the same misguided, chaotic, and harmful process they pursued last year, to the detriment of servicemembers, veterans, workers, and families." Panel advances Legislative Branch spending bill: The House Appropriations Legislative Branch Subcommittee approved a $7.1 billion funding [plan]( that represents an increase of 5.6% over the 2024 level, including as-yet unspecified Senate-only items. The bill would provide a 10% increase for the Government Accountability Office; roughly 5% boosts for the Capitol Police and the Congressional Budget Office; and a 3.7% increase for the Library of Congress. Democrats again objected to GOP policy riders they called harmful. The bottom line: The appropriations process is now underway more than four months before the new fiscal year begins and House Republicans are pushing ahead with plans to pass annual spending bills on an aggressive schedule. Still, Congress is highly unlikely to complete the task of funding the government for fiscal year 2025 by the end of September as many of last year’s fights are renewed. Lawmakers are setting up battles over funding levels, as the House Republican proposals are below what the Senate will want, and over controversial GOP policy riders. So they’re more than likely going to need a continuing resolution to prevent a government shutdown this fall, with a fight also on the horizon over how long the stopgap should be. But kudos to you for reading this far! Column of the Day: Simplifying US Tax Filing Law and Finance Professor Natasha Sarin was deputy assistant secretary for economic policy in the Biden administration and a counselor to Treasury Secretary Janet Yellen, so it’s no surprise that she disagrees with almost all of Donald Trump’s tax policies, including plans for new tariffs and renewed tax cuts in a potential second term as president. Yet Sarin writes in [The Washington Post]( that there’s one Trump tax promise she supports: "Tax filing should be as easy as sending a postcard." Sarin says that, while Trump-era efforts to deliver on the idea of a much simpler tax form became "a source of ridicule" and "a symbol of how little Trump and his administration understood the complexity of governing and valued symbolic gestures over serious reform," the possibility of a postcard-sized tax return shouldn’t be laughed off. Sarin notes that our tax code is more complex than that of some other rich nations that have simplified filing. Still, she says, there are ways we can make the filing process easier for many Americans. "Recent work by the Budget Lab at Yale, which I co-founded, shows that the IRS has enough information to pre-fill returns for approximately [40 percent of taxpayers]( she writes. "These are ‘simple filers’ who receive only wages or Social Security income and do not need to file any additional schedules." Transitioning to a simpler system will take some upfront investment, but Sarin argues that it would improve the integrity of the system and allow refunds to be delivered faster. "In a world where we can buy coffee and send money around the world from our phones, filing our taxes on a postcard — or even without a return at all — isn’t a naive aspiration" she writes. "It is the very least that Americans can and should expect from their government." [Read the full column at The Washington Post.]( --------------------------------------------------------------- Send your feedback to yrosenberg@thefiscaltimes.com. --------------------------------------------------------------- Fiscal News Roundup - [Senate Again Fails to Advance Border Security Bill in Election-Year Showdown Vote]( – ABC News - [Biden Says GOP Doesn’t Care About Securing Border After Bill Fails in Senate]( – The Hill - [Johnson Girds for Another House GOP Fight on Government Spending]( – Washington Post - [Democrats Decry ‘Very, Very Harmful’ Riders in Legislative Branch Bill]( – Roll Call - [Senate Democrats Open Inquiry Into Trump’s $1 Billion Request of Oil Industry]( – New York Times - [Billionaire Tax Rejected by US Causes Split Ahead of G-7]( – Bloomberg - [G-7 Finance Chiefs Are Once Again Sidelining Their Debt Load]( – Bloomberg - [Biden Administration Settles With Norfolk Southern for $310 Million After Ohio Train Derailment]( – The Hill - [Veterans Became Eligible for Billions. These Firms Saw a Chance to Profit]( – Washington Post - [Republican Infighting Resurfaces Amid Effort to Pass Nuclear Radiation Compensation]( – The Hill - [US Applications for Jobless Benefits Fall as Labor Market Continues to Thrive]( – Associated Press - [US Business Activity Expands Most in Two Years, Prices Pick Up]( – Bloomberg - [Grocers Are Finally Lowering Prices as Consumers Pull Back]( – Washington Post Views and Analysis - [I Disagree With Trump on Taxes, Except for One Idea]( – Natasha Sarin, Washington Post - [How 2024 Shakes Out Will Hit US Taxes]( – Bloomberg Big Take (podcast with transcript) - [Nikki Haley Shows Us Who She Really Is: A Coward]( – Mary Ellen Klas, Bloomberg - [How Noncompete Ban Could Shake Up Health Care Landscape]( – Joseph Choi, The Hill - [Are Congressional Committees Still Fully Committed to Their Work?]( – Don Wolfensberger, The Hill Copyright © 2024 The Fiscal Times, All rights reserved. You are receiving this newsletter because you subscribed at our website or through Facebook. The Fiscal Times, 399 Park Avenue, 14th Floor, New York, NY 10022, United States Want to change how you receive these emails? [Update your preferences]( or [unsubscribe](

Marketing emails from thefiscaltimes.com

View More
Sent On

21/06/2024

Sent On

20/06/2024

Sent On

18/06/2024

Sent On

17/06/2024

Sent On

14/06/2024

Sent On

13/06/2024

Email Content Statistics

Subscribe Now

Subject Line Length

Data shows that subject lines with 6 to 10 words generated 21 percent higher open rate.

Subscribe Now

Average in this category

Subscribe Now

Number of Words

The more words in the content, the more time the user will need to spend reading. Get straight to the point with catchy short phrases and interesting photos and graphics.

Subscribe Now

Average in this category

Subscribe Now

Number of Images

More images or large images might cause the email to load slower. Aim for a balance of words and images.

Subscribe Now

Average in this category

Subscribe Now

Time to Read

Longer reading time requires more attention and patience from users. Aim for short phrases and catchy keywords.

Subscribe Now

Average in this category

Subscribe Now

Predicted open rate

Subscribe Now

Spam Score

Spam score is determined by a large number of checks performed on the content of the email. For the best delivery results, it is advised to lower your spam score as much as possible.

Subscribe Now

Flesch reading score

Flesch reading score measures how complex a text is. The lower the score, the more difficult the text is to read. The Flesch readability score uses the average length of your sentences (measured by the number of words) and the average number of syllables per word in an equation to calculate the reading ease. Text with a very high Flesch reading ease score (about 100) is straightforward and easy to read, with short sentences and no words of more than two syllables. Usually, a reading ease score of 60-70 is considered acceptable/normal for web copy.

Subscribe Now

Technologies

What powers this email? Every email we receive is parsed to determine the sending ESP and any additional email technologies used.

Subscribe Now

Email Size (not include images)

Font Used

No. Font Name
Subscribe Now

Copyright © 2019–2024 SimilarMail.