Newsletter Archive

October 2021

Biden Says Democrats’ Plan Will Have to Shrink

President Joe Biden visited the Capitol Friday afternoon in an effort to rally feuding Democrats behind his economic agenda and press lawmakers in his party to compromise as they seek to pass both a $1 trillion bipartisan infrastructure…

Plus: Plus, Americans’ top priority from the Democratic plan

September 2021

Manchin Drops a Bomb on Dem Spending Plans

If a vote does happen, it will likely come late. But the chances of getting enough progressives on board may have been complicated by comments earlier in the day from Sen. Joe Manchin, a key centrist. Here’s what you need to know.

Plus: Plus, Congress avoids shutdown with hours to spare

Manchin Slams Democratic Plan as ‘Fiscal Insanity’

Lawmakers appear poised to get that done, with the Senate working to finalize a deal on a short-term funding extension that can be passed on Thursday and then, if all goes according to plan, quickly approved by the House. That would clear…

Plus: Plus, Biden and Pelosi scramble for a deal

Pelosi Faces Liberal Revolt on Infrastructure Plan

House progressives are warning that they’re prepared to defy Speaker Nancy Pelosi and oppose a $1 trillion bipartisan infrastructure bill if she brings it up for a vote on Thursday.

Plus: Plus, what happens if the US defaults in its debt

Welcome to Hell Week for Biden's Agenda

President Joe Biden and Democratic leaders have three days and counting to unite their party and ensure that their economic agenda doesn’t collapse into chaos.

Plus: Plus, Republicans block a debt limit increase

Pelosi Plows Ahead With Plan to Break Dem Standoff

Speaker Nancy Pelosi and House Democrats are plowing ahead with plans to vote on both a $1 trillion bipartisan infrastructure bill and a broader, multitrillion-dollar package to expand the social safety net, rushing to show progress on…

Plus: Plus, Biden backs a billionaire wealth tax

Pelosi Fumbles for a Path Forward

Democratic leaders appear to have a plan to try and resolve the intraparty divisions threatening to derail President Joe Biden’s economic agenda: Show enough progress on a contentious — and unfinished — $3.5 trillion spending and tax bill…

Plus: Plus, the tax rate on billionaire

Biden Scrambles to Save His Agenda

With his economic agenda — and very possibly his presidential legacy — hanging in the balance, President Joe Biden on Wednesday jumped into the middle of the fray between progressives and moderates in his party, hoping to quell disputes…

Plus: Plus - 8 days to a shutdown

Congress Careens Toward a Crisis

The House is set to vote this evening on a stopgap government funding bill that would also suspend the federal borrowing limit through December 16, 2022 and provide money for disaster relief and resettling Afghan evacuees — but the…

Plus: Plus, debt default could cost US households $15 trillion

Dems Set Up a Debt Limit Showdown

Let’s start with the big picture: Right now, Democratic efforts to pass their $3.5 trillion budget reconciliation package and enact the bulk of President Biden’s economic agenda look like a chaotic mess. But as we head into the final days…

Plus: Plus, what it takes to be in the top 1%