Posts from Sludge

House to Vote on the Largest Defense Budget in History

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House progressives have again introduced amendments to significantly reduce the massive Pentagon budget of at least $768 billion.

From Sludge
On September 23, 2021

Manchin Removes Ethics Provisions From Democratic Reform Bill

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The For the People Act passed by the U.S. House in March, filibustered in the Senate in June, contains over a hundred pages of ethics legislation, along with changes to campaign finance laws and election access. All of the government ethics provisions have now been stripped out of the Senate Democrats’ compromise version, the Freedom […]

From Sludge
On September 20, 2021

Neal’s Reconciliation Plan Lets Investment Managers Keep Their Tax Loophole

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In 2007, House Ways and Means Committee Chairman Rep. Richard Neal (D-Mass.) was an original cosponsor of a bill that would have closed a tax loophole that lets investment fund managers pay the lower capital gains tax rates on the income they earn from the fees they charge their clients. The capital gains tax rates […]

From Sludge
On September 14, 2021

Democrats’ Budget Plan Would Cost Only Half of One Percent of GDP

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The Biden admin's $3.5 trillion spending plan over ten years would have a net cost of $1-1.75 trillion, budget groups say, far less than the Trump tax cuts of 2017.

From Sludge
On September 9, 2021

News Outlet Founded by Blue Dog Dem Operatives Promotes Big Pharma’s Lobbying Aims

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Leaders of a centrist advocacy group with funding from the pharmaceutical industry founded outlet The Well News and have editorial input on its promoted posts.

From Sludge
On September 7, 2021

AT&T Is the Top Corporate Donor to the Texas Abortion Ban Co-Authors

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This week, a Texas bill took effect that bans physicians from performing or inducing an abortion if a fetal heartbeat can be detected, something that typically occurs about six weeks after conception. There is an exception for medical emergencies, but no exceptions for women who have been raped or are victims of incest.  Most women […]

From Sludge
On September 2, 2021

Defense Contractors Are Top Donors to House Election Objectors, Report Finds

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The top Fortune 500 donors this year to House GOP election objectors are weapons companies whose revenue comes overwhelmingly from defense contracts.

From Sludge
On August 31, 2021

General Electric Gets Billions in Defense Contracts While Reps Hold Its Stock

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Texas Republican Michael McCaul owned up to $6 million in G.E. shares as he sits on the Foreign Affairs and Homeland Security Committees.

From Sludge
On August 25, 2021

Cattle Rancher Cynthia Lummis Wants to Deregulate Meat Inspection

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Earlier this year, Sen. Cynthia Lummis (R-Wyo.) became an original co-sponsor on a bill to declare that meat and poultry from all state-inspected slaughterhouses can be shipped throughout the country to be sold by grocery stores. Under current law, only meat and poultry from federally-inspected plants and facilities in a handful of states whose inspection […]

From Sludge
On August 24, 2021

Despite Claiming to Divest, Ro Khanna’s Wife Held Onto Some Defense Stocks

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In December 2020, Ritu Khanna, the wife of Rep. Ro Khanna (D-Calif.), divested from several weapons companies after Sludge published an article revealing that her fortune included defense contractor stocks worth as much as $376,000. The stock sales were celebrated by the anti-war group Code Pink, which had run a campaign calling on Khanna to […]

From Sludge
On August 19, 2021

It’s Not Just Manchin: The Top Energy Dem in the House Also Has Fossil Fuel Conflicts

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Rep. Frank Pallone (D-N.J.), chair of the House Energy and Commerce Committee, benefits from investments in the fossil fuel industry while crafting climate policies.

From Sludge
On August 17, 2021

The Roadblocks to Banning Congress From Trading Stocks

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It’s no shock that most members of Congress, over half of whom are millionaires, don’t want to stop themselves and their spouses from being allowed to trade corporate stocks and derivatives while they hold public office. Just 8 percent of the House and 3 percent of the Senate are co-sponsoring bills to ban congressional stock […]

From Sludge
On August 12, 2021

Blue Dogs Seek to Delay Democratic Budget Plan After Their PAC Takes Millions From Corporate America

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The House Blue Dog PAC has received donations from pharmaceutical giants, health care companies, and the fossil fuel industry this year as nearly half of their members seek to delay a vote on the Democrats’ budget plan.

From Sludge
On August 10, 2021

U.S. Has Worst Health Care Despite Spending the Most On It

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Half of lower-income Americans face cost barriers to healthcare access, according to a new report.

From Sludge
On August 5, 2021

Pro-Israel Super PAC Prevails in Ohio Primary

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Democratic establishment favorite Shontel Brown defeated progressive Nina Turner and several other candidates in a Democratic Ohio special election primary on Tuesday night, virtually guaranteeing her a seat in Congress. Brown received 37,666 votes, while 33,420 people cast their ballots for Turner.  Turner, a former delegate to presidential candidate Bernie Sanders, raised more than twice […]

From Sludge
On August 4, 2021