Posts from Sludge

Josh Mandel’s Bitcoin

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Republican Ohio Senate candidate Josh Mandel posted a tweet over the weekend engaging in the identity politics around values like self-reliance and family.  We’ll have to take his word on his meat, gun, and baby, but we can check his financial holdings, and according to his candidate financial disclosure filed with the Senate on August […]

From Sludge
On October 28, 2021
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Senators Own up to $25 Million in Big Tech Stocks

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Senators invested in tech stocks like Amazon, Apple, and Google may soon be voting on antitrust bills that would impact their portfolios.

From Sludge
On October 26, 2021
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The Secretive Group Steering the Dems

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How did Democrats in the House of Representatives decide that the top House recipient of corporate PAC money should run the tax code-writing committee, or that the top recipient of defense industry cash in their caucus should be in charge of Armed Services? There’s no way to know, because House Democrats have not made public […]

From Sludge
On October 21, 2021
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Democrats Have Lost Nine Senate Seats in Close Contests Since 2012

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The populist economic message that kept Democratic voter turnout high in this year's Georgia Senate runoffs has largely been absent over the past decade of close losses.

From Sludge
On October 19, 2021
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Ascendant Dem Hawk Wants to Pre-Authorize War With China

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Virginia Democrat Rep. Elaine Luria, who early this year was elevated within the House Armed Services Committee, wants Congress to pre-authorize President Biden to take military action to defend Taiwan against China.  “The president has no legal authority to react in the time necessary to repel a Chinese invasion of Taiwan and deter an all-out […]

From Sludge
On October 14, 2021
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Top Democrats Own Stock in AT&T, Funder of Far-Right OAN Network

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A recent investigation revealed that 90% of the far-right OAN's funding comes from AT&T-owned platforms.

From Sludge
On October 12, 2021
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Four Waste Coal Provisions Manchin Put in the Infrastructure Bill

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While he’s been demanding large cuts to the Democratic reconciliation package, Sen. Joe Manchin (D-W.V.) has consistently urged the House to take up and pass the bipartisan infrastructure bill that the Senate passed in August.  Many of the business lobbying groups that fund Manchin’s campaigns back the infrastructure  bill, but there may be another incentive […]

From Sludge
On October 8, 2021
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More and More Medicare Money is Flowing to Private Equity

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Recent academic studies have found that private equity investment is rushing in to for-profit healthcare companies, but patients may not benefit.

From Sludge
On October 5, 2021
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Oil and Gas Groups Use Facebook to Fight Climate Measures

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Oil and gas lobbying groups are reaching new highs in their Facebook ad spending as they organize people across the country to lobby their senators and representatives against climate and tax provisions in the Democrats’ reconciliation bill.  Since August 11, when the Senate passed a resolution authorizing itself to fast-track a reconciliation bill, the American […]

From Sludge
On September 30, 2021
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Deficit Fears Have Deep History in Corporate-Funded Democratic Party Groups

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As corporate-backed Democrats threaten to block the party's reconciliation bill, their talking points draw on support from deficit scold allies among party leaders and well-funded ideological groups.

From Sludge
On September 28, 2021
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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
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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
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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
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