Tuesday, July 27

Congress

BI Commentary, Commentary Freelancer, Congress, Economy, Fight for 15, McDonald's, Minimum Wage, Opinión, Politics, Retail, Workers

It’s been 12 years since Congress last raised the minimum wage. As a McDonald’s worker who makes just $10 an hour, I’m getting sick of Congress delaying another much-needed raise.

It's been 12 years since the federal minimum wage was increased to $7.25 per hour. I'm a McDonald's worker who makes just $10 per hour. Millions of people across the country can no longer afford to wait — Congress must raise the minimum wage and lift workers out of poverty. Jarmier Owens has worked at a McDonald's location in Detroit for four years. This is an opinion column. The thoughts expressed are those of the author. LoadingSomething is loading. ...
Biden stimulus, Child tax credit, Congress, Economy, fourth stimulus check, IRS, Janet Yellen, Joe Biden, Markets, monthly checks, Policy, Politics, Ron Wyden, Sherrod Brown

Sherrod Brown called Janet Yellen, anxious that poor families may be shut out of’Social Security for kids.’ He’s not the only worried Democrat.

Senate Democrats are pressuring Treasury and the IRS to fix the portal for low-income families to get child tax credit cash. Sen. Sherrod Brown called Treasury Secretary Janet Yellen on Wednesday, he told Insider. Other Democrats are demanding the IRS move quickly to ensure non-tax filers can get monthly payments. LoadingSomething is loading. S...
Alexandria Ocasio-Cortez, Congress, Democrats, Legislation, Politics, public banking, Republicans

Alexandria Ocasio-Cortez slams Republican lawmakers who’don’t even read the bills’ they’re criticizing

AOC accused some of her colleagues of opining on her public banking bill without even reading it. "If I made comments that very publicly demonstrated that I didn't read the legislation I was discussing, I'd be embarrassed." She accused a conservative expert of mischaracterizing the Public Banking Act as a "government takeover." See more stories on Insider's business page. LoadingSomething is loading. ...
Congress, Debt Ceiling, Democrats, Economy, infrastructure bill, Mitch McConnell, National Debt, Politics, Reconciliation, senate republicans, White House

Democrats slam Mitch McConnell for taking economy’hostage’ by rallying GOP against extending US’s ability to pay its bills on time

Democrats assailed Mitch McConnell for trying to rally Republicans against raising the debt ceiling. "He's not going to be able to hold the economy hostage," a top Democrat said Wednesday. Republicans had previously backed raising the debt ceiling under Trump. LoadingSomething is loading. Congressional Democrats slammed Senate Minority Leader M...
capitol, committee, Congress, Democrats, Insurrection, january 6, Kevin McCarthy, Liz Cheney, Nancy Pelosi, Politics, Republicans, riot

Liz Cheney calls Kevin McCarthy’s January 6 rhetoric’disgraceful’ and says his lack of’commitment to the Constitution’ should disqualify him from being House speaker if GOP wins in 2022

Rep. Liz Cheney blasted House GOP leader Kevin McCarthy on Wednesday over the January 6 committee. She called his comments on Pelosi's select committee "disingenuous." Cheney also said McCarthy should not be considered for the House speakership if the GOP wins in 2022. LoadingSomething is loading. Rep. Liz Cheney on Wednesday blasted House Repu...
Congress, Donald Trump, GOP, Politics, Republicans, Steve Scalise

The 2nd highest-ranking House Republican just got his first vaccine dose as Mitch McConnell raises alarms about the Delta variant

House minority whip Steve Scalise, the second-highest ranking House Republican, revealed that he got his first COVID-19 vaccine dose on Sunday. Scalise previously said he hadn't been vaccinated because he had COVID-19 antibodies. The congressman called the vaccines "safe and effective" and cited the rapidly-spreading Delta variant as a reason for getting vaccinated. LoadingSomething is loading. ...
Congress, january 6, michael fanone, Police, Politics, US Capitol

US Capitol riot: Police officers to testify at first meeting of the January 6 select committee

The US House Select Committee to Investigate the January 6th Attack holds its first hearing July 27. The committee was created after Republicans defeated an effort to create an independent commission. It has 13 members, but only eight have been named thus far. Rep. Liz Cheney is the lone Republican. See more stories on Insider's business page. Police officers who were attacked by a pro-Trump mob at the US Capitol will testify before Congress next week at the first meeting of a select committee created to investigate the attack.Rep. Bennie Thompson, a Democrat from Mississippi who chairs the panel, announced Monday that the officers...
Congress, Democrats, Politics, Racism

Democrats introduced a bill to rename more than 1,000 forests, lakes, and mountain peaks named with racist slurs or offensive language

Over 1,000 places in the US, like streams and mountain peaks, have been flagged for offensive names. Democrats in Congress introduced a bill aimed at reviewing and revising the offensive names. Places that have been flagged include slurs for Black people, Native Americans, and Mexicans living in the US. See more stories on Insider's business page. Congressional Democrats introduced a bill Friday to rename more than 1,000 places in the US named with offensive language and racist slurs.Democratic Sens. Elizabeth Warren, Edward Markey, and Rep. Al Green introduced the bill along with 25 cosponsors in the House of Representatives, all ...
Congress, COVID-19, COVID-19 vaccine, Economy, Filibuster, infrastructure bill 2021, Kamala Harris, Politics, President Joe Biden, Reconciliation, Senate, Unemployment Rate, Washington DC

These 5 key numbers are currently defining the Biden presidency from unemployment to vaccinations

President Joe Biden will mark six months in office on July 20. Biden enjoys unified control of government, but the Senate still has its complications. The administration has focused on battling COVID-19 and is strategizing how to continue the fight. Sign up for the 10 Things in Politics daily newsletter. On July 20, President Joe Biden will have been in office for six months.Since their January inauguration, Biden and Vice President Kamala Harris have been met with a host of challenges, most notably the coronavirus pandemic, which, since last year, has upended life as we know it.However, on a range of issues, from steering a largel...
BI Commentary, Commentary Freelancer, Congress, Economy, Opinión, Payroll Tax, Politics, Unemployment

Congress is sitting on an easy solution to speed job growth without causing inflation

Congress should suspend employer payroll taxes for businesses that expand their current payrolls with new hires from the long-term unemployed. This kind of targeted tax cut was already done before in 2010, proved to be bipartisan, and doesn't cause inflation. A CBO study ranks this tool in the top tier for being cost effective in reducing unemployment. Joseph S. Fichera has served since 2000 as chief executive officer of Saber Partners, LLC, a boutique financial consulting firm for regulators and corporations. This is an opinion column. The thoughts expressed are those of the author. See more stories on Insider's business page. ...