You've heard that President Trump has kiboshed the notion that Republicans will cap the tax-deductibility of 401(k) contributions? Well, House Ways and Means Chair Kevin Brady says they still might do that, regardless of what the President says. And I think this is how it was always supposed to work: the President says no, the Republicans pass a bill that says yes, and all Trump votaries remember is TEH PREZNIT SAID NO!!!!! (For the record, lowering the cap on 401(k)s is a horrible way of raising revenue -- because it hits working families harder than wealthy folks.)
A Tax Policy Center analysis finds that foreign shareholders would get three times the goodies from the Trump tax cut than middle-class folks would. Republicans no doubt stand at the ready to call anyone who makes hay of this fact TEH REAL RACISTZ!!!! And you know what? If we had a one-world government, that might be true. But we do not have a one-world government, no matter how much our government acts like one.
It's bad enough that Puerto Rico awarded the contract to rebuild their energy infrastructure to a tiny firm from the Interior Secretary's hometown that gave money to the Trump campaign, but the contract also forbids their government (and our government!) from conducting any oversight over wages and profits. What might they have to hide, I wonder? Whitefish Energy sure is cut from the same cloth as our President -- when they get questioned, they start issuing threats. This is what that "waiving regulations so we can get the job done quickly" mentality gets us.
We could debate whether a "public option" for health insurance might actually forestall enactment of a proper single-payer plan rather than hasten it, and certainly the Medicare buy-in bill circulated by Sens. Bennett and Kaine help very, very few Americans -- why not, as one observer says, just lower the Medicare eligibility age to 55? -- but ultimately a public option might be what you settle for, and it's certainly not what you fight for.
Lornet Turnbull at Yes! magazine reminds us that "Opioid Addicts Get Compassion" while "Crack Addicts Get Mass Incarceration." And I bet you just can't guess why! (Psst: it's for the same reason we still have a huge disparity between crack cocaine minimum sentences and powder cocaine minimum sentences, though admittedly that disparity isn't as huge as it used to be.)
Finally, we learn that Fox News (sic) has been hemorrhaging advertising revenue -- it's down 17 percent over the last 12 months. I'd also like to believe it's because we all started pressuring Sean Hannity's advertisers to abandon him, but, as always, I caution that correlation is not causation. Just remember: the First Amendment protects you from your government -- not your advertisers, not activists, and certainly not your customers.
UPDATE. Puerto Rico's Governor tells the island's electric utility to cancel its $300 million contract with Whitefish Energy, citing all the quite-deserved negative publicity over the contract as a "distraction." A man does like to see justice move this quickly.