Open in TheBrain

Pork Barrell

oddly blank (earmarks?)<div>
</div><div>=</div><div><p><font size="4" face="Times New Roman">=</font></p><p><font size="4" face="Times New Roman">an 220</font></p><p><font face="Times New Roman" size="4">no lnx</font></p><p><font face="Times New Roman" size="4">
</font></p><p><font face="Times New Roman" size="4">For Republicans in Trump’s cover-up, it was all about the money</font></p><p><font face="Times New Roman" size="4">Susan Collins image via MSNBC.</font></p><p><font face="Times New Roman" size="4">Written by Joan McCarter / Daily Kos February 18, 2020</font></p><p><font face="Times New Roman" size="4">In the latest Daily Kos/Civiqs poll, fully 60% of Americans disapprove of how the U.S. Senate conducted Donald Trump’s impeachment trial. The behavior of Senate Republicans following that trial probably won’t get many cheers, either. The three most closely watched Republicans during the trial, those who pretended to be open-minded and committed to doing their jobs, have all popped up in the last few days with slathering praise for the Trump administration which let loose all the money once the trial was done. It turns out the issue wasn’t the threat of heads on pikes at all. It was all about the bribes.</font></p><p><font face="Times New Roman" size="4">
</font></p><p><font face="Times New Roman" size="4">Retiring Sen. Lamar Alexander tweeted to thank Agriculture Secretary Sonny Perdue and Trump for the investment of “$9 million in Tennessee to provide and improve high-speed broadband infrastructure projects for 3,744 rural households, 31 businesses and 41 farms.”</font></p><p><font face="Times New Roman" size="4">
</font></p><p><font face="Times New Roman" size="4">Sen. Lisa Murkowski had Transportation Secretary and Moscow Mitch spouse Elaine Chao to thank for “a $20M Port Infrastructure Development Program grant to the Port of Alaska to help offset the 1st phase costs of the Port’s desperately-needed modernization program, enabling safe, cost-effective, & reliable Port operations.” That’s a whole 1% of the estimated cost for the port. Was it worth a vote to keep the worst president ever to sit in the Oval Office?</font></p><p><font face="Times New Roman" size="4">
</font></p><p><font face="Times New Roman" size="4">You know, of course, who else is getting in on the action:</font></p><p><font face="Times New Roman" size="4">Sen. Susan Collins</font></p><p><font face="Times New Roman" size="4">@SenatorCollins</font></p><p><font face="Times New Roman" size="4">Great news! 19 Housing Authorities in Maine have been awarded more than $9.5 million to preserve & modernize affordable housing units that serve individuals with disabilities & low-income individuals and families.https://www.collins.senate.gov/newsroom/senator-collins-announces-more-9500000-maine-housing-authorities …</font></p><p><font size="4" face="Times New Roman" /></p><p>
</p><p><font size="4" face="Times New Roman"></font></p></div><div><div><font size="4" face="Times New Roman"></font></div><div><font size="4" face="Times New Roman">mcconnell refuse clinton impeach rules?</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">=</font></div><div><a href="https://www.alternet.org/2019/12/the-naked-lie-that-republicans-are-the-party-of-fiscally-responsibility-has-been-completely-demolished/"><font size="4" face="Times New Roman" color="#000000">https://www.alternet.org/2019/12/the-naked-lie-that-republicans-are-the-party-of-fiscally-responsibility-has-been-completely-demolished/</font></a></div><div><font size="4" face="Times New Roman">
</font></div><div><div><font size="4" face="Times New Roman">no lnx graf</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman"><b>The naked lie that Republicans are the party of ‘fiscally responsibility’ has been completely demolished</b></font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">Written by Nancy LeTourneau / Washington Monthly December 27, 2019</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">One of the ways that Republicans demonstrate that they are the “post-truth” party is that, when Democrats are in office, they prioritize federal deficit reduction, but when they’re in charge, the deficit soars. Right on cue, the Wall Street Journal reported back in October that the federal deficit was about to reach $1 trillion.</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">
</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">A strong economy typically leads to narrower deficits, as rising household income and corporate profits help boost tax collections, while spending on safety-net programs such as unemployment insurance tends to decline.</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">
</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">The U.S. economy has been growing for 10 years as of July, the longest economic expansion on record. Yet annual U.S. deficits are on track to exceed $1 trillion starting this year, due in part to the 2017 tax law, which constrained federal revenue collection last year, and a 2018 budget deal that busted spending caps enacted in 2011.</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">When even Rupert Murdoch’s paper credits the Republican tax cuts as a contributor, you can take that one to the bank. Steve Benen put together a helpful chart to demonstrate what has happened to the deficit over time.</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">[graf]</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">The blue bars during the Obama years were a result of the Great Recession when federal revenues plummeted, the demand for safety net programs like unemployment insurance rose, and one-time stimulus spending was required to kick-start the economy.&nbsp;<b>But as the Wall Street Journal pointed out, we are now in the midst of the longest economic expansion on record, which means that the deficit should be shrinking. Instead, it is ballooning. In a world where truth mattered, that would mean the end of the Republican line about how tax cuts pay for themselves.</b></font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">When Republicans were negotiating among themselves over their tax cut plan in 2017, they made it clear that their main goal was to reduce corporate tax rates. At the time, they complained that, at 39 percent, corporate tax rates in the U.S. were among the highest in the world. What they didn’t want you to know is that the effective corporate tax rate (what was actually paid after all of the loopholes were incorporated) was around around 29 percent, right in the middle of the pack for industrialized countries.</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">After a full year of implementation, the Institute on Taxation and Economic Policy documented the effects of the Republican tax cuts, which lowered the corporate tax rate to 21 percent. Here are their<b>&nbsp;key findings.</b></font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">* The 379 profitable corporations identified in this study paid an effective federal income tax rate of 11.3 percent on their 2018 income, slightly more than half the statutory 21 percent tax.</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">
</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">* 91 corporations did not pay federal income taxes on their 2018 U.S. income. These corporations include Amazon, Chevron, Halliburton and IBM…</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">
</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">* Another 56 companies paid effective tax rates between 0 percent and 5 percent on their 2018 income. Their average effective tax rate was 2.2 percent.</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">
</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);"><b>The richest corporations are now paying an effective tax rate of 11.3 percent, while most of the huge monopolies are paying nothing at all. Rather than trickling down, those reductions are causing the federal deficit to soar.</b></font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">Meanwhile, Republican Majority Leader Mitch McConnell went on a spending spree—literally bragging about his efforts to buy off Kentucky voters with what Mitt Romney once referred to as “free stuff” (emphasis mine).</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman"><b>Senate Majority LeaderMitch McConnell (R-Ky.) is delivering more than $1 billion worth of federal spending and tax breaks to his Kentucky constituents, just in time for Christmas and ahead of a potentially tough reelection campaign…</b></font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">McConnell’s wins in the spending legislation included&nbsp;<b>coal miners’ pension benefits;</b>&nbsp;$410 million for the construction of the new Robley Rex Veterans Affairs Medical Center in Louisville; $314 million for cleanup of Paducah Gaseous Diffusion Plant, a $40 million increase over last year’s funding level; a tax break for spirits distillers worth an estimated $426 million in 2020 alone; and $65 million for the construction of the Forage Animal Production Lab at the University of Kentucky.</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">
</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">“I was directly responsible — directly responsible — for these items,” McConnell declared at the press conference.</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">
</font></div><div><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">He also secured a tax break for Kentucky’s thoroughbred horse racing industry, $16.5 million for the Department of Agriculture to implement the pro-hemp provisions McConnell got into the 2018 farm bill and $61.3 million for new military construction projects at Fort Campbell.</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">We can have reasoned debates about federal deficits, taxes, and spending programs. But the naked lies from Republicans demonstrate that their approach has nothing to do with what is best for the American people. They have made it abundantly clear that their priorities are all about more money for the wealthy elite and an obvious power grab for those in office. It is beyond time to bust the myth that the GOP is the party of fiscal responsibility. They are nothing if not reckless and irresponsible.</font></div></div><div><p><font size="4" face="Times New Roman">
</font></p></div></div><div>==</div>