Sen. Elizabeth Warren Elizabeth Warren Senate mulls changes to .9 trillion coronavirus bill Exclusive: How Obama went to bat for Warren Minimum wage setback revives progressive calls to nix Senate filibuster MORE (D-Mass.) on Monday unveiled legislation to create a wealth tax for high-net-worth households, furthering her efforts on an idea that was a central feature of her 2020 presidential campaign. The bill , called the Ultra-Millionaire Tax Act, would create an annual tax of 2 percent on the net worth of households and trusts between $50 million and $1 billion and a tax of 3 percent on net worth above $1 billion. The rate for net worth above $1 billion would increase to 6 percent if a "Medicare for All" health care plan is enacted. The bill resembles a proposal that Warren released during her unsuccessful presidential campaign and frequently touted on the campaign trail. The rollout of the bill comes after Warren indicated earlier this year that introducing wealth tax legislation would be a top priority of hers as a new member of the Senate Finance Committee, which has jurisdiction over tax issues. ADVERTISEMENT Warren said in a news release that her proposal could be a way to help pay for proposals to help the economy recover from the coronavirus-related downturn. "As Congress develops additional plans to help our economy, the wealth tax should be at the top of the list to help pay for these plans because of the huge amounts of revenue it would generate," she said. "This is money that should be invested in child care and early education, K-12, infrastructure, all of which are priorities of President Biden Joe Biden Biden offers support to union organizing efforts Senate Democrats nix 'Plan B' on minimum wage hike Kavanaugh dismays conservatives by dodging pro-Trump election lawsuits MORE and Democrats in Congress. I'm confident lawmakers will catch up to the overwhelming majority of Americans who are ...
Janet yellen
‘Missed Opportunity’: Washington Post Editor Warns Giving Saudi Crown Prince A Pass Won’t Stop Next ‘Would-Be Butcher’
Washington Post editor Fred Hiatt warned Sunday that President Joe Biden should have sent a strong message to Saudi Arabian Crown Prince Mohammed bin Salman. Hiatt spoke with ABC’s George Stephanopoulos about the intelligence report that concluded the crown prince had ordered the murder of journalist Jamal Khashoggi . (RELATED: ‘Punishing The Hit Man And Not The Mob Boss’: CNN’s Dana Bash Calls Out Biden’s Inaction Against Saudi Crown Prince Over Khashoggi Murder) WATCH: Stephanopoulos began the interview by noting that The Washington Post editorial board had criticized the Biden administration for failing to send a stronger message . Hiatt said that the real question was how to make sure that any “would-be butcher” would see the likely consequences and change course rather than pushing ahead with “a heinous crime like this.” Hiatt went on to say that Biden had taken a step toward holding the crown prince accountable when he declassified the report and allowed the public to see it, but that it was only a step. “The calculation for him is he’s paid a price and the release of the report last week was a good step forward, but it’s not a sufficient price. Biden’s own treasury secretary, Janet Yellen, last week said that those responsible for the reprehensible murder of Jamal Khashoggi must be held accountable. We know that the man most responsible is the crown prince, and he hasn’t been held accountable,” Hiatt added. ...
The Hill’s Morning Report – Presented by Facebook – Trump teases on 2024 run
Presented by Facebook President Trump Donald Trump Sacha Baron Cohen calls out 'danger of lies, hate and conspiracies' in Golden Globes speech Sorkin uses Abbie Hoffman quote to condemn Capitol violence: Democracy is 'something you do' Ex-Trump aide Pierson planning run for Congress MORE " width="580" height="387" data-delta="1" /> Welcome to The Hill’s Morning Report. Today is Monday, the start of Women’s History Month! Happy March! We get you up to speed on the most important developments in politics and policy, plus trends to watch. Alexis Simendinger and Al Weaver are the co-creators. Readers can find us on Twitter @asimendinger and @alweaver22. Please recommend the Morning Report to friends and let us know what you think. CLICK HERE to subscribe! Total U.S. coronavirus deaths as March 1 begins: 513,091. As of this morning, 15 percent of the U.S. population has received at least one dose of a COVID-19 vaccine and 7.5 percent is fully vaccinated, according to the Bloomberg News global vaccine tracker . For better or worse, Donald Trump is back. The former president made his public return on Sunday with a raucous address to the Conservative Political Action Conference (CPAC), teasing a potential 2024 presidential bid, panning President Biden Joe Biden Biden offers support to union organizing efforts Senate Democrats nix 'Plan B' on minimum wage hike Kavanaugh dismays conservatives by dodging pro-Trump election lawsuits MORE ’s first month in the White House, preaching unity within the GOP ranks, and shortly thereafter attacking those who voted to impeach or convict him, vowing to defeat them all. Multiple times throughout the 90-minute speech, Trump hinted at a third bid for the presidency, drawing massive cheers from the crowd of conservative activists who convened for the three-day gathering in Orlando, Fla. He also insisted he defeated Biden ...
Cuomo asks New York AG to appoint independent attorney to investigate sexual harassment claims
New York Gov. Andrew Cuomo Andrew Cuomo Cuomo apologizes over allegations, calls for NY AG to tap lawyer for independent probe New York AG says Cuomo statement is not sufficient for independent investigation Cuomo asks New York AG to appoint independent attorney to investigate sexual harassment claims MORE 's office has asked the state's attorney general and chief appeals judge to name an independent attorney to investigate allegations of sexual harassment against him. The announcement came just minutes after Attorney General Letitia James determined on Sunday that a referral for an investigation into sexual misconduct claims by two former Cuomo aides must be made by the governor's office and that he should make one "immediately." Beth Garvey, special counsel and senior adviser to the governor, said in a statement that Cuomo’s office has asked James and the Chief Judge Janet DiFiore of the New York Court of Appeals to name an independent attorney to investigate the matter. ADVERTISEMENT "We will leave all decisions concerning the investigation to be made in the discretion of the independent counsel selected by the Attorney General and Chief Judge," Garvey said in a statement. In a separate statement, James said such an investigation should also include subpoena power. “Allegations of sexual harassment should always be taken seriously. There must be a truly independent investigation to thoroughly review these troubling allegations against the governor, and I stand ready to oversee that investigation and make any appointments necessary,” James said. “Given state law, this can only be accomplished through an official referral from the governor’s office based on State Law (§ 63-8) and must include subpoena power. I urge the governor to make this referral immediately,” she added. The statement by the governor’s office must be follow-up by a formal referral to begin an investigation. Lindsey Boylan , a former aide to the ...
Gov. Cuomo Agrees To Attorney General James’ Demand For Legal Referral To Investigate Sexual Harassment Allegations
NEW YORK (CBSNewYork) — Gov. Andrew Cuomo on Sunday responded after facing a second allegation of sexual harassment. It came as he battled with Attorney General Letitia James over the appointment of an independent prosecutor to investigate the allegations. It’s a crisis on top of a crisis on top of a crisis for Cuomo, who until recently was regarded as something of a political mastermind, CBS2’s Marcia Kramer reported Sunday. READ MORE: 2nd Former Aide Accuses Gov. Andrew Cuomo Of Sexual Harassment, Governor Requests Independent Review Crisis one is the mounting allegations of sexual harassment . Crisis two, Cuomo forced to reverse course and propose having attorney Attorney General James and Chief Judge Janet DiFiore appoint an independent investigator, after his attempt to name his own investigator was roundly criticized. Crisis three, the attorney general refused to act, instead demanding Cuomo send her a legal referral so her office can supervise the investigation and, this is key, compel testimony. “I do not accept the governor’s proposal,” James said. “The governor must provide this referral so an independent investigation with subpoena power can be conducted.” Sources told Kramer that whether James handles the probe herself, or names a special prosecutor from outside her office, she wants the ability to force people to cooperate. That is subpoena power. The developments came after a second woman, 25-year-old Charlotte Bennett, claimed Cuomo harassed her when she was an executive assistant and health policy aide . In an interview with the New York Times , Bennett alleged Cuomo asked her late last spring, “numerous questions about her personal life, including whether she thought age made a difference in romantic relationships, and had said that he was open to relationships with women in their 20s — comments she interpreted as clear overtures to a sexual relationship.” READ MORE: NYS Senate Majority Leader Andrea ...
