Newsletter Archive

August 2022

Yellen Orders IRS Not to Increase Middle-Class Audits

Happy Thursday! The House is poised to pass Democrats’ big climate, health care and tax plan tomorrow. Here’s what else is happening.

Plus: Plus, Biden admin awards funding for 166 infrastructure projects

Is the IRS Coming for Middle-Class Taxpayers?

Democrats’ big climate, health care and tax plan provides $79.6 billion in additional funding over 10 years for the Internal Revenue Service. That money includes about $45.6 billion for stepped-up tax enforcement — a crackdown that is…

Plus: Plus, reason for optimism on inflation

10 Things to Know About Biden's Big Win

What a weekend! Senate Democrats on Sunday passed their Inflation Reduction Act, setting up the House to pass the massive climate, health care and tax bill by the end of the week.

Plus: Plus, your Monday news roundup

Sinema Delivers a Huge Win for Biden

You wouldn’t know it from looking at his approval ratings, but President Joe Biden has been putting together quite a streak of successes.

Plus: Plus, job growth sizzles

US Declares New Public Health Emergency

Happy Thursday! The Senate is set for a busy weekend as Democrats look to pass their budget reconciliation bill in the coming days. Here’s what’s happening.

Plus: Plus, Senate to vote on Saturday

Sinema Seeks Changes to Dems’ Big Bill

Hi, everybody, and a very pleasant good evening to you wherever you may be. We’re mourning the passing of the legendary Vin Scully, who died Tuesday at age 94.

Plus: Plus, how much the Inflation Reduction Act will cut deficits

Does Dem Bill Raise Middle-Class Taxes?

Good Tuesday evening. House Speaker Nancy Pelosi (D-CA) landed in Taiwan today for a controversial visit. Here at home, Senate Minority Leader Chuck Schumer (D-NY) announced that the Senate will vote again tonight on the Honoring Our PACT…

Plus: Plus, US uninsured rate hits record low

Democrats Barrel Ahead on $740 Billion Plan

Happy Monday and welcome to August, which is likely to start with a whirlwind of activity in Washington, D.C.

Plus: Plus, a $200 billion loss on student loans?

July 2022

Recession?

A big day for Congress and the Biden administration. The House passed the $280 billion “Chips and Science Act” in a bipartisan vote that delivers a win for President Joe Biden. And Democrats seemed to (mostly) coalesce behind the big new…

Plus: Plus, Dems race to pass their new ‘Inflation Reduction Act’

Manchin and Schumer Spring a $670 Billion Surprise

Senate Majority Leader Chuck Schumer (D-NY) and Sen. Joe Manchin (D-WV) announced Wednesday that they have reached a long-awaited agreement on legislation that touches upon climate change, tax revenues, drug prices, health care subsidies…

Plus: Plus, the national debt is set to soar, CBO says

How the US Could Save 160,000 Lives This Fall

With the latest variants of Covid-19 spreading rapidly and another surge of cases expected as the weather cools in the months ahead, a new study from The Commonwealth Fund finds that an aggressive campaign to deliver more booster shots…

Plus: Plus, will Democrats close the Medicaid coverage gap?

'Dr. Doom' Warns of Severe Recession

Good Monday evening and welcome to what promises to be a critical week for the economic data and congressional action. Here’s a look at some of the big news ahead.

Plus: Plus, Dems prepare to approve billions in corporate tax breaks

Biden’s $37 Billion Plan to Fight Crime

It’s almost Friday! Here’s what’s happening as we await tonight’s final planned hearing of the House select committee investigating the January 6, 2021 insurrection. We'll be back in your inbox on Monday, so have a good weekend!

Plus: Plus, the government’s $473 million software error

A $52 Billion Boost for the US Chip Industry

Happy Wednesday! On this date in 1969, Neil Armstrong and Buzz Aldrin became the first people to walk on the moon. And here we felt brave taking a stroll in 90-degree heat.

Plus: Plus, a message for Manchin on tax hikes

Biden Considers Declaring a National Emergency

Good Tuesday evening, and we hope you’re keeping cool. As record-breaking heat smothered much of the country, the National Weather Service said this morning that more than 100 million people in the U.S. were under heat advisories or…

Plus: Plus, an extra $13 billion for defense to cover inflation

Trump Tax Cuts Are Big Winners in Latest Dem Disappointment

Happy Monday and welcome to what promises to be a critical week for Congress. After Sen. Joe Manchin (D-WV) once again balked at quickly passing a climate, energy and tax package, Democrats are set to move ahead with a narrower budget…

Plus: Plus, value of minimum wage hits 66-year low

Manchin Dashes Democrats’ Plans … Again

A dour day for Democrats as Sen. Joe Manchin has once again spoiled their plans to enact their economic agenda. Here’s what’s happening.

Plus: Plus, the House passes an $840 billion defense bill

Pentagon Got $58 Billion More Than It Asked For This Year

Happy Bastille Day! Today we learned that the key to the notorious French prison that gives the day its name somehow ended up at George Washington’s estate in Mount Vernon, Virginia, where it hangs on the wall still. Who knew?

Plus: Plus, how Covid could threaten Dems’ plans

A Record Drop in the Deficit

Happy Wednesday! Have you taken a few minutes to look at the amazing pictures taken by the James Webb Space Telescope?

Plus: Plus, Manchin raises doubts about Dems' economic plan