The 10 richest U.S. billionaires increased their collective net worth by $365 billion over the past year. It would take a median worker more than 726,000 years to earn that amount. If those gains were taxed as regular income, they would owe $135 billion in federal taxes.
Advocates and North Carolinians are calling on representatives, including Senator Thom Tillis, who previously voted to roll back big bank regulations, to center the needs of their constituents over billionaires.
Los republicanos en el Congreso han avanzado en el proceso de reconciliación presupuestaria, una herramienta legislativa que les permite aprobar cambios en impuestos, gasto y deuda sin necesidad de votos demócratas, siempre que cumplan con normas estrictas. Su objetivo incluye reformas en seguridad fronteriza, defensa, energía e impuestos, junto con recortes significativos para SNAP, Medicaid y Medicare.
These, and many more, democratic bills that aim to improve and protect the lives of North Carolinians, moved nowhere this session. Of the 1,800 bills filed by legislators from both parties in both chambers this year, only a select few bills from democrats had their time in front of legislators.
Stein called the legislation a “threat to democracy,” suing to block both sections of the bill. Both suits are pending in state courts, but in the meantime, the North Carolina State Board of Elections is under new Republican leadership.
As in Congress, the push for Medicaid work requirements in NC is seen as a way for Republican leaders to consolidate support within their party—even if it risks cutting off coverage for thousands of residents.
In North Carolina, veterans, doctors, nurses, and advocates are calling attention to the harmful effects of Trump’s significant cuts on military service members and their families.
Republicans in the state Senate have unanimously passed SB 50, “Freedom to Carry NC.” SB 50 is now in the House, where it has not yet been heard by a committee. However, the House has its own version of the bill: HB 5, “NC Constitutional Carry Act”. Despite public opposition, Republicans are standing behind the bills, a move that Representative Phil Rubin (D-Wake) says spells trouble for democracy in the state.
Los republicanos buscan extender los recortes fiscales de 2017 de Trump y aplicar temporalmente sus promesas de campaña de no gravar las propinas ni el pago por horas extra. Quieren compensar parcialmente el costo de aproximadamente 3.8 billones de dólares de esas medidas fiscales — como los planes para aumentar el gasto militar y en control migratorio— mediante recortes a Medicaid, los cupones de alimentos y subsidios para energías limpias.
Leaders of the minority party have expressed broader frustration with the budget process, saying they’ve been granted almost no input. And they remain skeptical about Republicans’ confidence to finish negotiations by the end of June.