Tag: charles schumer
Confronting Revolt On Healthcare Bill, Senate Republicans Postpone Vote

Confronting Revolt On Healthcare Bill, Senate Republicans Postpone Vote

 

WASHINGTON (Reuters) – Senate Republican leaders postponed a vote on a healthcare overhaul on Tuesday after resistance from members of their own party, and President Donald Trump summoned Republican senators to the White House to urge them to break the impasse.

The delay put the future of a longtime top Republican priority in doubt amid concerns about the Senate bill from both moderate and conservative Republicans. With Democrats united in their opposition, Republicans can afford to lose only two votes among their own ranks in the Senate.

Senate Majority Leader Mitch McConnell had been pushing for a vote ahead of the July 4 recess that starts at the end of the week. The legislation would repeal major elements of Obamacare and shrink the Medicaid government healthcare program for the poor.

“We’re going to press on,” McConnell said after announcing the delay, adding that leaders would keep working to make senators “comfortable” with the bill. “We’re optimistic we’re going to get to a result that is better than the status quo.”

At the White House meeting with most of the 52 Republican senators, Trump said it was vital to reach agreement on the Senate healthcare measure because Obamacare was “melting down.”

“So we’re going to talk and we’re going to see what we can do. We’re getting very close,” Trump told the senators. But he added, “If we don’t get it done, it’s just going to be something that we’re not going to like, and that’s okay.”

McConnell, whose party has a razor-thin majority in the 100-member Senate, told reporters that Republican leaders would work through the week to win over the 50 senators needed to pass the bill, with a vote planned after the recess. Vice President Mike Pence could provide the crucial vote needed to break a tie.

The Senate has delayed the vote on the controversial GOP led healthcare legislation. GOP leaders in the Senate did not have enough support for the bill to put it to a vote and have delayed voting on the measure until after the July 4th break. The decision to delay the vote came amid the growing concern about the current drafted Healthcare Bill and the impact it will have on millions of Americans who have access to coverage as well as sustaining medicaid. Senate Republicans can only loose two votes, in order for the bill to remain in play. So far six Republican senators came out publicly saying they could not support the health care draft bill as written.

“I think we can get 50 votes to yes by the end of the week,” Senator Roger Wicker (R-MS) said after the White House meeting.

The House of Representatives last month passed its own version of a healthcare bill, but the Senate bill has been criticized from both the left and the right. Moderate Republicans worried millions of people would lose their insurance. Conservatives said the bill does not do enough to erase Obamacare.

The bill’s prospects were not helped by a Congressional Budget Office analysis on Monday saying it would cause 22 million Americans to lose insurance over the next decade, although it would reduce the federal deficit by $321 billion over that period.

The report prompted Senator Susan Collins, a Republican moderate, to say she could not support the bill as it stands. At least four conservative Republican senators said they were still opposed after the CBO analysis.

Three more Senate Republicans, Rob Portman of Ohio, Jerry Moran of Kansas and Shelley Moore Capito of West Virginia, said after the delay was announced that they oppose the current draft.

Portman and Capito cited the bill’s Medicaid cutbacks and how that would hurt efforts to combat the opioid epidemic that has taken a heavy toll in their states. The Medicaid program was expanded under former President Barack Obama’s signature healthcare law.

“I think giving time to digest is a good thing,” Republican Senator Bob Corker said after the delay was announced.

U.S. stock prices fell, as the decision to postpone the vote added to investor worries about Trump’s ability to deliver on his promises of tax reform and deregulation, as well as changes to the health sector. Those expected changes have driven a rally in U.S. stocks this year.

The benchmark S&P 500 index closed down 0.8 percent, and the Dow Jones industrial average finished down 98.9 percent.

“The market likes certainty and now there’s uncertainty. What is this going to look like when this gets out of the next iteration?” said Peter Costa, president of trading firm Empire Executions Inc.

Passing the measure would be a win for Trump as he seeks to shift attention after weeks of questions over Russia’s role in last year’s U.S. presidential election.

McConnell has promised since 2010 that Republicans, who view Obamacare as a costly government intrusion, would destroy the law “root and branch” if they controlled Congress and the White House. Republicans worry a failure to deliver will cost them votes in next year’s congressional elections.

If the Senate passes a healthcare bill, it will either have to be approved by the House or the two chambers would reconcile the differences in a conference committee. Otherwise, the House could pass a new version and send it back to the Senate.

Lawmakers are expected to leave town by Friday for their July 4 holiday break, which runs all next week. The Senate returns to work on July 10, the House on July 11. Lawmakers then have three weeks in session before their month-long August recess.

(Additional reporting by Yasmeen Abulateb, Amanda Becker, Eric Walsh, Susan Heavey and Tim Ahmann; Writing by John Whitesides and Frances Kerry; Editing by Leslie Adler)

White House Shrugs Off Schumer’s Decision To Oppose Iran Deal

White House Shrugs Off Schumer’s Decision To Oppose Iran Deal

WASHINGTON (Reuters) — The decision by one of the top Democrats in the U.S. Senate to oppose the nuclear deal between Iran and world powers was “disappointing but not surprising,” White House spokesman Josh Earnest said on Friday.

President Barack Obama’s hopes of preserving the nuclear deal were dealt a blow on Thursday when New York’s Charles Schumer came out against it even as the White House tried to draw attention to other lawmakers who are backing the agreement.

Earnest told reporters that the Obama administration worked closely with Schumer to explain details of the deal even before it was signed in an effort to gain his support.

“Ultimately, it didn’t turn out that way. I don’t think anybody was surprised,” Earnest said.

Obama is struggling to gain congressional backing for the deal, which lawmakers must vote on by Sept. 17. Schumer’s rejection means the Obama administration may have to ramp up its lobbying efforts on Capitol Hill.

Twelve members of the U.S. Congress, seven members in the House of Representatives, and five in the Senate, have publicly come out in support of the agreement in recent days, showing Obama had made a persuasive case, Earnest said.

The administration is confident they can continue to build support before next month’s deadline, he added.

(Reporting by Lindsay Dunsmuir, Doina Chiacu and Jeff Mason; Editing by Susan Heavey)

Photo: Senate Democrats via Flickr

Highway Funds In Jeopardy As House And Senate Differ On Way Forward

Highway Funds In Jeopardy As House And Senate Differ On Way Forward

By Lisa Mascaro, Tribune Washington Bureau (TNS)

WASHINGTON — A congressional standoff over how to renew an expiring highway-funding bill pushed the Senate into a rare and heated Sunday session, but the legislative path forward remains unclear, leaving federal transportation projects hanging in the balance.

Adding to the complication were votes Sunday on several unrelated amendments to the Senate highway bill. One to repeal the Affordable Care Act was rejected and another to resuscitate the Export-Import Bank advanced toward approval.

But the fate of the six-year, $337 billion Senate bill, which could face a final vote later this week, remained in doubt since it is starkly different from a stopgap House bill passed earlier this month, which would extend transportation funding for five months while a broader compromise is negotiated.

The stalemate over authorization for the nation’s highway program, which expires July 31, is not so much a traditional partisan divide, but rather a tussle between the House and Senate. Both chambers are controlled by Republicans, but they’ve taken different approaches to the problem.

Transportation Secretary Anthony Foxx warned that billions of dollars in transportation projects and thousands of jobs across the nation are at risk if a compromise is not reached. Only days remain before House members leave for the summer recess, and money runs out at the end of the month.

“This country is hungering for robust transportation,” Foxx said Friday. “The problems of congestion that have gotten worse over the last several years — the potholes in the roads, the bridges that need to be repaired — I could go on and on.”

“I’ve just been to so many places around the country where traffic is getting worse,” he said. “People are beginning to draw the line, follow the bread crumbs back to Washington.”

Transportation funding problems have been building for years, partly because the 18-cents-a gallon federal gas tax has remained flat while vehicle fuel efficiency has increased, leading to repeated shortfalls in the highway account.

Congress has repeatedly patched the highway trust fund, but has been unable to agree on new revenue to cover the costs of repairing and upgrading the nation’s old infrastructure.

Senators have devised a far-reaching bill that would revamp transportation policy over the next six years, and provide funding for road, freight and public transit projects for half that time.

But the bipartisan Senate plan, championed by Sen. Barbara Boxer of California, the top Democrat on the committee, and Republican Sen. James Inhofe of Oklahoma, the chairman, would be paid for by revenue cobbled from various federal sources.

The House dismisses this approach, and approved its own stopgap bill that would replenish the highway fund through December — a temporary fix while a bipartisan group led by Rep. Paul Ryan, R-Wis., works on a longer-term solution.

Ryan, with backing from a key Democrat, Sen. Charles E. Schumer of New York, wants to overhaul the international tax code and use taxes generated on overseas corporate profits for the highway fund.

“The House has passed a responsible bill,” said Speaker John A. Boehner, R-Ohio. House members have “a lot of concern” about the Senate legislation, he said.

The House’s approach, though, faces uncertain odds because the politics of rewriting tax policy is complicated. It is also one rejected by Senate Majority Leader Mitch McConnell, R-Ky., who prefers a broader review of the entire corporate tax code.

On Sunday, the consideration of the transportation bill was complicated further by McConnell’s decision to tack on an unrelated measure resurrecting the Export-Import Bank onto the legislation.

The leader had bucked his conservative flank led by Sen. Ted Cruz, R-Texas, and promised a vote on the 81-year-old bank, which provides financing for foreign buyers of U.S. exports but has been unable to make new loans since Congress allowed its authority to lapse last month.

Conservatives backed by powerful groups aligned with the billionaire Koch brothers oppose the Export-Import Bank as an example of corporate welfare, but it is supported by business leaders, including the U.S. Chamber of Commerce. President Barack Obama and most Democrats also back the bank.

On Sunday, senators agreed 67-26 to advance an amendment to reauthorize the bank through 2019, virutally ensuring the amendment would be the Senate transportation bill.

Tempers flared Sunday as McConnell and his top lieutenants tried to publicly tamp down a conservative rebellion over the bank, but Cruz doubled down on his earlier assertion that McConnell had essentially told “a lie” by allowing the vote.

In a speech Friday, Cruz, who is running for president, blasted McConnell for allowing the Ex-Im bank amendment but blocking other amendments that Cruz and others wanted to offer.

In particular, Cruz was prevented from offering amendments that would stop Obama’s immigration actions and halt the emerging nuclear deal with Iran unless Tehran frees U.S. hostages and recognizes Israel.

Cruz had publicly accused McConnell of telling “a lie” when McConnell denied earlier this year that he had agreed to give Ex-Im Bank supporters another chance to resuscitate the bank by attaching an amendment to must-pass legislation like the highway bill. Cruz said Sunday’s vote was proof of such a secret deal.

“Speaking the truth about actions is entirely consistent with civility,” Cruz said Sunday, quoting novelist George Orwell, “In a time of universal deceit, telling the truth is a revolutionary act.”

The maneuver may not succeed in saving the bank since presumably now House and Senate leaders will need to negotiate some sort of compromise highway bill that may not include the Ex-Im Bank amendment.

Photo: Automobile traffic backs-up as it travels north from San Diego to Los Angeles along Interstate Highway 5 in California. REUTERS/Mike Blake

A Deepening Democratic Party Divide

A Deepening Democratic Party Divide

For those pining for a Democratic Party that tries to represent more than the whims of the rich and powerful, these are, to say the least, confusing times.

On the presidential campaign trail, Hillary Clinton has been promoting standard pro-middle class rhetoric, yet also has been raking in speaking fees from financial firms. One of her potential primary challengers, former Maryland Gov. Martin O’Malley, has been sounding anti-Wall Street themes, but only after finishing up two terms in office that saw his state plow more public pension money into Wall Street firms, costing taxpayers hundreds of millions of dollars in financial fees.

Similarly, in Washington, the anti-Wall Street fervor of those such as Massachusetts Sen. Elizabeth Warren sometimes seems as if it is on the ascent — that is, until big money comes calling.

Indeed, on the very same day Reuters reported on big banks threatening to withhold campaign contributions from Democratic coffers, Democratic lawmakers abruptly coalesced around Charles Schumer as their next U.S. Senate leader. CNN captured in a blaring headline how unflinching an ally the New York senator has been to the financial elite: “Wall Street welcomes expected Chuck Schumer promotion.” Notably, Democrats appeared ready to promote Schumer over Assistant Democratic Leader Dick Durbin, who once dared to publicly complain that “banks frankly own” Capitol Hill.

It would be easy to conclude that the status quo is winning Democratic politics — but a series of high-profile elections shows the trends are markedly different outside the national political arena.

Two years ago, the era of billionaire Republican Mayor Michael Bloomberg and his Wall Street-worshiping city politics ended when populist Democrat Bill de Blasio and a slate of progressive city councilors backed by New York’s Working Families Party were swept into office promising to increase taxes on millionaires and fund universal pre-kindergarten. A year later, New York’s conservative Democratic Gov. Andrew Cuomo and his $40 million campaign war chest couldn’t muster two-thirds of the Democratic primary vote against an unknown progressive opponent named Zephyr Teachout. Though Cuomo was ultimately reelected, he was humiliated, and his future prospects have been significantly diminished.

Now comes Chicago, where Mayor Rahm Emanuel has shuttered schools, handed out big corporate subsidies, blocked a financial transaction tax and pushed for cuts to city workers’ retirement benefits. He made the old corporate Democratic assumption, betting that he could easily win reelection by simply spending opponents into the ground.

No doubt, Emanuel succeeded in the latter part of that equation. With six-figure checks from financial executives, he amassed $15 million and outspent his top challenger, Jesus “Chuy” Garcia, by a 12-to-1 margin. But because of a massive grassroots organizing campaign, Garcia got enough votes to force the first mayoral runoff in the city’s history. At the same time, voters added more progressive voices to the city council.

Lambasted as “Mayor 1 Percent,” Emanuel has been forced to champion more progressive policies to try to appease the Democratic base — he suddenly backed a $13 minimum wage and signed an ordinance compelling developers to pony up more cash for affordable housing. His underfinanced opponent Garcia still may lose the April 7th election, but in a city that has for decades been under the thumb of corporate Democrats’ political machine, a deeper victory for progressives has already happened.

“We’ve put every Democrat in America on notice that there’s a political price to pay for putting the demands of hedge-fund billionaires ahead of the needs of working families,” said Kristen Crowell, executive director of the grassroots Chicago group United Working Families, a sister organization of New York’s progressive Working Families Party.

As perplexing as the Democratic Party’s divide is, Crowell’s straightforward statement rings true. National Democratic politicians may not yet be hearing the message, but if they hope to hang onto power, they probably should start listening.

David Sirota is a senior writer at the International Business Times and the best-selling author of the books “Hostile Takeover,” “The Uprising” and “Back to Our Future.” E-mail him at ds@davidsirota.com, follow him on Twitter @davidsirota or visit his website at www.davidsirota.com.

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