What happens if this pay-for gets nixed by the courts? Rich Rubin at WSJ suggests that the tax “would almost certainly face a legal challenge, given the clear incentive for a taxpayer to spend millions in legal fees to save billions on taxes. THE CONSTITUTIONALITY QUESTION is another big X-factor. JIMMY GOMEZ (D-Calif.), another tax panel member, also told our Hill team. “The Senate needs to start saying yes or no on issues and stop fucking talking,” Rep. So I have concerns about that,” House Budget Chair JOHN YARMUTH (D-Ky.) told Jennifer Shutt of CQ Roll Call.
DAN KILDEE (D-Mich.), a Ways and Means Committee member, told our colleagues. RON WYDEN (D-Ore.) is working frantically to finalize, a clash that our Hill team writes threatens to “sap Dems’ momentum” on reconciliation. MEANWHILE, THE BILLIONAIRE TAX TAKES A HIT - Democrats in the House are piling on against the billionaire tax Sen. “Bottom line is that any reconciliation bill must include serious negotiations of Medicare and the pharmaceutical industry to lower the cost of prescription drugs, and a serious reconciliation bill must include expanding Medicare to cover dental, hearing aids and vision,” he told reporters today. BERNIE SANDERS (I-Vt.) broke his silence about his Medicare expansion getting gutted and articulated his own red line. The party had a similar problem earlier this year with the $1.9 trillion pandemic relief bill: a lack of public awareness about what was in the bill, or what Democrats were trying to do to improve the lives of everyday Americans.īUT, BUT, BUT - As we warned this morning might happen, some members of the left are starting to balk. There’s a belief in Democratic circles that if they don’t stop negotiating soon, they’ll undercut their own sales pitch to voters. TO FIGHT OR DECLARE VICTORY? - Speaker NANCY PELOSI and House Majority Leader STENY HOYER spent the morning encouraging their members to embrace the soon-to-be-released reconciliation framework, which Hoyer says could be released in a matter of hours. House Majority Leader Steny Hoyer said the reconciliation framework could be released in a matter of hours.