Thursday, July 29

Bernie Sanders

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Inside the disagreement and inaction in Congress over raising the minimum wage, which hasn’t gone up in 12 years

The federal minimum wage was last raised on July 24, 2009 — 12 years ago. As legislators squabble over infrastructure, the minimum wage is still nowhere to be found. Democrats do still want to raise it, but the party is split on how and when to do it — and how much. LoadingSomething is loading. The federal minimum wage was last raised on July 2...
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Biden tapped a prominent Google foe head up the Justice Department’s antitrust division

President Joe Biden has tapped a Google critic to head up the DOJ's antitrust division. Progressive favorite Jonathan Kanter has reportedly represented Microsoft and Yelp in cases against Google. Google is facing a tidal wave of regulatory scrutiny throughout the US and abroad. LoadingSomething is loading. President Joe Biden is set to nomina...
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Bernie Sanders says he wants over $3.5 trillion for a Democrat-only infrastructure package. Senate Democrats aren’t ready to commit.

Sanders wants a Democrat-only infrastructure bill that's larger than $3.5 trillion. "I'm going to fight to make that proposal as robust as it can be," he said outside the White House. Talks are in their early stages, and Insider spoke to several Democrats who weren't ready to commit. See more stories on Insider's business page. Sen. Bernie Sanders on Monday said he's pushing Democrat-only infrastructure package larger than $3.5 trillion, as Senate Democrats kicked off a frenzied legislative period."I'm going to fight to make that proposal as robust as it can be," Sanders told reporters outside the White House after an afternoon mee...
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Bernie Sanders said he’d oppose a $3 trillion Democrat-only infrastructure plan since it’s’much too low,’ potentially setting up spending showdown with Manchin

Sanders ruled out backing a Democrat-only infrastructure plan below $3 trillion. "That's much too low," he told New York Times opinion columnist Maureen Dowd. It may set up a confrontation with centrists like Joe Manchin, who favor a smaller plan. See more stories on Insider's business page. Sen. Bernie Sanders indicated that he would oppose a Democrat-only spending bill if its price tag didn't top $3 trillion, brushing anything lower as too meager. It may set the stage for a confrontation between Sanders and moderate Democrats looking to restrain the size of a follow-up package.In an interview with New York Times opinion columnist...
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Trump warns Senate Republicans that they’re’being played’ over’fake infrastructure proposals’

Trump warned Senate Republicans to nix working with Democrats on a bipartisan infrastructure bill. "You are just being played by the Radical Left Democrats," the former president said on Friday. Democrats hope to pass a separate and more robust infrastructure bill through reconciliation. Sign up for the 10 Things in Politics daily newsletter. LoadingSomething is loading. ...
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Joe Manchin indicated he would cut a Democratic-only infrastructure plan to $2 trillion so it doesn’t grow the national debt

Manchin said Sunday he would support a $2 trillion Democratic-only infrastructure plan. Senate Democrats are weighing up to $6 trillion in new spending, and Manchin may derail their ambitions. "I do not want to add more debt on," Manchin said on ABC's "This Week." LoadingSomething is loading. ...
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Joe Manchin balks at backing $6 trillion in infrastructure spending sought by Bernie Sanders, Senate Democrats

Joe Manchin balked at the $6 trillion price-tag of an economic package proposed by Bernie Sanders. "I have a hard time swallowing that," he told reporters on Capitol Hill on Thursday. Democrats are trying to pass a larger economic package that ticks off parts of Biden's agenda. LoadingSomething is loading. ...
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Job searches are down in states cutting federal unemployment benefits early, not what you’d expect to see from a ‘disincentive to work’

Half of all US states — all GOP-led — are cutting Biden's unemployment benefits early, citing a labor shortage. But Indeed data found job searches are still down in the states cutting off the benefits early. This suggests the benefits are not disincentivizing work as much as the GOP argues. See more stories on Insider's business page. Twenty-five GOP-led states have so far opted to end President Joe Biden's $300 weekly unemployment benefits early to incentivize residents to get back to work. But it looks like the cuts aren't motivating people to step up their job searches.Indeed's hiring lab released a report on Tuesday that found ...
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Bernie Sanders says he won’t support the bipartisan infrastructure bill if its paid for by raising gas taxes or creating fees on electric vehicles

Vermont Sen. Bernie Sanders said Sunday he didn't support the latest proposal for a bipartisan infrastructure bill. Sanders expressed concerns over how lawmakers may pay for the bill. He said he did not support an increased tax on gasoline or imposing fees on electric vehicles. See more stories on Insider's business page. Vermont Sen. Bernie Sanders said Sunday that he believes the contents of a bipartisan infrastructure bill are "mostly good," but said he has concerns over how lawmakers may decide to fund it.Sanders, an Independent, made the comments during an appearance on NBC's "Meet the Press." "What is in the bipartisan bill i...
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The US job market is about to turn into a giant science experiment — with millions of Americans as guinea pigs

Half of US states are cutting off enhanced unemployment benefits over the next few weeks. This is going to throw millions of Americans into a real-world economic experiment that could hurt many people. Biden and the federal government could step in, but America's misguided tradition of a hands of federal government is stopping them. This is an opinion column. The thoughts expressed are those of the author. See more stories on Insider's business page. Partisan politics, Congress' legislative language, and interest group lobbying are about to turn America's 160 million workers into guinea pigs. We're all about...