Show an ad over header. AMP

I am the FIRST!!!

House progressives want Biden to supersize spending

Progressive Democrats in the House are privately discussing how they can push President Biden for a second spending package substantially bigger than the $3 trillion over a decade floated in various news outlets this week.

Why it matters: These members are attuned to the climate group Sunrise Movement's argument that "the crises we face demand at least $1 trillion per yearover the next decade," two sources familiar with the conversation told Axios.


  • Sunrise's extremely ambitious proposal — at least $10 trillion — could quickly emerge as a benchmark for House progressives to rally around.
  • "Progressives feel like this package will define Biden's presidency," one source said, "and that $3 trillion over 10 years feels low, and it may not meet the scope of what we need to do — in particular on climate."

The strategy was discussed during a phone call Tuesday among members of the Congressional Progressive Caucus. Several raised concerns about the size of Biden's next spending package, which the president plans to unveil Wednesday in Pittsburgh.

  • They regard the reported scope of the proposal — which some moderates such as Sen. Joe Manchin (D-W.Va.) already consider at the far reaches of acceptability — as too small to meet the moment, the source said.
  • "He should be bold with his opening offer."

Between the lines: Biden's next spending bill will involve a longer, messier and more complicated fight between the ideological factions of the Democratic Party.

  • In the $1.9 trillion COVID-19 relief package that just passed, there was agreement among Democrats from the beginning it was going to be entirely deficit-financed.
  • But the next package will likely be more of a running battle. Biden has said he wants to hike corporate and high-income earners' taxes to pay for much of the new spending — which sets up a fight between progressives and moderates.
  • And the ambitions for the proposal keep expanding — everything from meat and potatoes infrastructure (roads, bridges, ports), to broadband and climate initiatives.
  • There are also proposals for substantial investment in social welfare, including expansion of the child tax credit, universal pre-kindergarten, free community college and other measures.

Bottom line: "The parameters of the battle will not be locked in at the beginning," said the source familiar with the House progressives' internal discussions.

  • Progressives will view Biden's announcement next week as an opening framing, "and then Congress is going to have a lot more agency in this fight because it's going to be longer. Congress won't have to act by a certain date."

regular 4 post ff

infinite scroll 4 pff

China court sentences Canadian Michael Spavor to 11 years in prison for spying

A court in Dandong, China, has announced it sentenced Canadian businessman Michael Spavor to 11 years in prison after finding him guilty of espionage.

Why it matters: U.S. and Canadian experts have viewed the 2018 arrest and later charges of Spavor, along with and former diplomat Michael Kovrig as "direct retaliation" by the Chinese government for Canada's detention of Huawei executive Meng Wanzhou, who's accused of violating U.S. sanctions on Iran.

  • The sentencing suggests that a Beijing court is set to find Kovrig guilty in his spying case.
  • It's also likely to increase already strained tensions between the governments of China and Canada.

Editor's note: This a breaking news story. Please check back for updates.

U.S. consulting with U.K., Romania and Israel on response to alleged Iran attack

The British and Romanian governments summoned the Iranian ambassadors to London and Bucharest on Monday to protest last week's drone strike on an oil tanker in the Gulf of Oman, which both countries have attributed to Iran.

The latest: U.S. Secretary of State Antony Blinken said in a briefing Monday that the U.S. is consulting with the U.K., Romania and Israel to prepare a collective response to the alleged Iranian attack.

Keep reading...Show less

Tokyo Olympics offer new sponsorship opportunities for athletes

Tokyo 2020 athletes are cashing in on more personal sponsorship opportunities compared with past Games.

Why it matters: Marketing deals are an important income stream for competitors, nearly 60% of whom say they are not financially stable. 

Keep reading...Show less

Caeleb Dressel wins gold in men's 100m freestyle, sets new Olympic record

American swimmer Caeleb Dressel won his second gold medal of the Tokyo Olympics Thursday in the men's 100-meter freestyle race, setting a new Olympic record.

The big picture: Dressel is considered the top American men's swimmer at the Tokyo Games. He won his first gold earlier this week in the men's 4x100m medley relay.

Keep reading...Show less

Insights

mail-copy

Get Goodhumans in your inbox

Most Read

More Stories
<!ENTITY lol2 “&lol;&lol;&lol;&lol;&lol;&lol;&lol;&lol;&lol;&lol;“> <!ENTITY lol3 “&lol2;&lol2;&lol2;&lol2;&lol2;&lol2;&lol2;&lol2;&lol2;&lol2;“> <!ENTITY lol4 “&lol3;&lol3;&lol3;&lol3;&lol3;&lol3;&lol3;&lol3;&lol3;&lol3;“> ]> &lol4;