The immigration reform process is moving slower than many of its prime supporters expected. Initially, the hope was to have bipartisan immigration reform proposals released at the beginning of this week in both the Senate and House, which now seems unlikely.
|By: Jon Walker Monday April 1, 2013 10:20 am|
In both the Senate and the House bipartisan groups are very close to releasing draft immigration reform bills. It is possible we could see some preliminary legislative language as early as next week.
In the Senate the Gang of Eight resolved a major sticking point about guest workers, which should allow the group to finish their draft proposal. Sen. Chuck Schumer (D-NY) told Meet the Press that all the major policy issues have been resolved and they should finish drafting all the possible legislative language this week. If the gang agrees to the draft language it is expected to move quickly to committee.
|By: David Dayen Wednesday November 28, 2012 9:10 am|
The Treasury Department once again declined to label China a currency manipulator, despite arguing that the yuan “remains significantly undervalued” and should rise further. They basically patted themselves on the back and tried to show that their policy of engagement with China has worked to this point.
|By: David Dayen Monday November 12, 2012 6:50 am|
Chuck Schumer and Lindsey Graham have restarted talks on a comprehensive immigration reform bill.
Schumer and Graham first teamed up on the matter in 2009, but Graham split off shortly thereafter, when Harry Reid wanted to prioritize the bill. He thought this undermined a separate piece of bipartisan legislation on climate change, and so he dropped his support of both efforts. This bit of history shows how tenuous working with Graham can be.
But it’s a new year, and the hissy fits have been subdued, and Graham is on the case.
|By: David Dayen Friday November 9, 2012 7:47 am|
Chuck Schumer, obviously running point for Senate Democrats on fiscal slope negotiations, claims that a chastened GOP will be willing to deal. But the only party who has made any concessions on a deal has been Chuck Schumer, floating an extension of current tax rates for upper-income earners, accompanying a limit on deductions.
|By: David Dayen Friday November 9, 2012 6:30 am|
It’s just a few days out from a national election, the spotlight is more closely affixed on Washington, and everyone is on their best behavior. That’s the best reading of several comments made over the last 48 hours, designed to get the media to believe that we’ve entered a new era of bipartisanship, and more importantly gain the moral high ground for the battles that are sure to come.
|By: David Dayen Thursday November 8, 2012 12:59 pm|
Harry Reid said brusquely “We’re not going to mess with Social Security.” Chuck Schumer agreed with him, though his comment included a heavy amount of wiggle room.
|By: David Dayen Thursday November 1, 2012 2:43 pm|
Senate Democrats have liberated a report from the Congressional Research Service which Senate Republicans successfully got the nonpartisan research arm of Congress to retract. The report argued that there is no evidence that tax cuts for high-income earners boosts economic growth, which Republicans didn’t want out in the public sphere.
|By: David Dayen Thursday October 18, 2012 6:45 am|
White House officials reiterated a vow made in the past about the fiscal cliff, but in much stronger terms, saying that President Obama would veto any bill related to extending or offsetting the expiring fiscal measures if it didn’t include allowing the top two marginal tax rates, over $250,000 of income, to return to 36% and 39.6%.
If this threat were designed for the campaign, you’d think the President would have said it in front of the cameras when 67 million people watched the last debate. He has been consistent in saying that he would not extend the Bush-era tax cuts over $250,000. This is among the first times his Administration has said they would veto anything without that increase in tax rates.
|By: David Dayen Thursday October 11, 2012 11:27 am|
We now know where Harry Reid stands in the great divide between base-broadening, rate-lowering “tax reform” and the Chuck Schumer approach, which rejects lowering rates as a trap. As I fully expected, Reid sided with Schumer.