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So far, so good. Neither Joe Biden nor Chuck Schumer nor Nancy Pelosi seem to be falling for the GOP's "conservative" budget concerns, newly rediscovered by the Party now that there's a Dem in the White House. Also on today's BradCast, the stage gets set for next week's historic second Impeachment Trial of disgraced former President Donald Trump. [Audio link to full show follows summary below.]
A study last December from economists at the London School of Economics and King's College London looked at 18 developed countries over a 50 year period from 1965 to 2015 to find out if tax cuts actually "trickle down" to improve economic outcomes. You'll be "shocked" to hear the results. Tax cuts in the nations examined (including the U.S.), do not improve either GDP or unemployment rates. They do, however, help the wealthy to become wealthier --- by a lot --- while increasing economic inequality.
That report may have come in useful as President Biden was considering a proposal from 10 Republican Senators at the White House on Monday night to slash his proposed $1.9 trillion COVID relief and stimulus bill down to about $600 billion, or one-third of what Biden and the Dems are proposing. The GOP proposal leaves out a lot of much-needed funding from Biden's proposal for no apparent reason, other than Republicans are pretending to be concerned about spending and deficits again --- a concern they decidedly did not remember to have when they gave away much more with their $2.3 trillion tax cuts mostly to the rich during Donald Trump's Administration.
The good news today is that the White House is moving ahead with their planned $1.9 trillion proposal, and both Senate Majority Leader Chuck Schumer and House Speaker Nancy Pelosi have queued up the measure to be quickly adopted under Budget Reconciliation procedures which require only a simple majority vote in the Senate. No need to overcome a filibuster with 60 votes. Now we just have to see if conservative Democratic Sen. Joe Manchin of West Virginia decides to play along. He certainly should, given that his state's own Republican Governor is calling on Biden to "go big" in his COVID relief package.
With things moving encouragingly forward, at least for the moment, with the new President and Dem control of both houses of Congress, we turn back to the disastrous previous President, who helped get us into all of these messes.
To help set the stage, we share an extended excerpt from an hour-long live Instagram video by Rep. Alexandria Ocasio-Cortez (D-NY) on Monday night. She detailed for the first time, her harrowing experience on January 6th, describing how she was forced to hide in the dark behind the bathroom door in her personal office at the Capitol, as the murderous and attempted insurrection by Trump's MAGA Mob was underway. As she makes clear, she had very good reason to fear for her life and is still reeling from the trauma of that day.
Trump's second Impeachment Trial, for "Incitement of Insurrection" at the U.S. Capitol that day, is set to begin next week in the Senate. Both the Democratic House Impeachment Managers and Trump's brand new attorneys (all five of his previous ones left him over the weekend) submitted their pre-trial filings on Tuesday. The 80-page Dem memorandum [PDF] lays out the House's case against Trump, alleging he falsely worked his supporters into an outrage over many months --- even before Election Day, as early as last summer --- with baseless claims of a stolen election. He then "aimed them like a loaded cannon down Pennsylvania Avenue" toward the Capitol on January 6th with instructions to "fight like hell" as a Joint Session of Congress was underway to affirm the 2020 Presidential election results. They offer a graphic, detailed, painstakingly-documented argument for Trump's conviction and a thorough response to the false GOP claim that it is somehow unconstitutional to hold an Impeachment Trial after the impeached officer in question has left office.
"If the Senate does not try President Trump (and convict him) it risks declaring to all future Presidents that there will be no consequences, no accountability, indeed no Congressional response at all if they violate their Oath to ‘preserve, protect and defend the Constitution’ in their final weeks," the House Managers write. "There is no ‘January Exception’ to impeachment or any other provision of the Constitution," they explain, "A president must answer comprehensively for his conduct in office from his first day in office through his last."
For his part, Trump's 14-page response [PDF] is brief and unsurprisingly limp. He cites First Amendment Free Speech rights to support his evidence-free claims that the election was stolen from him and repeatedly claims --- over and over --- that the Senate trial is unconstitutional, since he is no longer in office. There is one point, regarding his personal (if evidence-free) belief that the election was stolen, that should be worth noting when it comes to the difficulty of public oversight and the availability of evidence regarding U.S. election results. Not that he bothered to actually try to get at most of what is available. Beyond that, however, its clear he is hoping that his fellow Republicans in the Senate remain captured, in his thrall and afraid of the wrath of his brain-poisoned supporters.
Finally, Desi Doyen joins us for our latest Green News Report, with GM's landmark announcement that they intend to end production of internal combustion engine vehicles; as global temperatures are now at the highest since the dawn of human civilization; as Biden releases billions of dollars in disaster relief to Puerto Rico that Trump had held back for years; and as a federal court rolls back one of Trump's final rollbacks to Obama's environmental protections...
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