Yep, I think in 10 years of increased tax enforcement we’ll almost certainly be able to collect 300 billion extra dollars and change. That’s the whole point of increasing the enforcement. So much right now is going uncollected, especially from people who don’t work W-2 jobs, particularly if they’re wealthy.
36B per year is not what you’d call budget-busting in federal government world.
Houngan
5565
Exactly, you don’t even have to invoke the top five expenditures to compare it, that’s vanishingly small for what it does.
Alstein
5566
Very likely we don’t get much increased enforcement. Republicans will force this dead when they take over in 2022 by shutdown.
Thanks for mentioning that, rrmorton. That’s sounds like a really nice memory to keep.
So, what’s with the selling of oil rights that is going on right now?
From what I heard on NPR yesterday, Biden administration tried to stop it in court but were denied so they’re selling the oil rights, but the speculation is that they’ll try to slow-walk the approval process after that.
Now the question becomes: Will it die in the Senate, or will it merely be gutted beyond recognition?
138
5573
somebody help me with my civics. If it gets modified in the Senate, it has to go back to the House, correct?
Alstein
5574
They do a reconciliation commitee if members of both Houses to hammer out the differences.
Yes, it remains the case that — effectively — Joe Manchin will decide what the final bill looks like in a budget reconciliation committee.
Looking forward to the Build Back Coal Better law!
JoshL
5577
Apparently McCarthy gave an 8 hour speech last night. Maybe he just wanted to take the record for longest speech away from Pelosi.
It was a pseudo filibuster, more or less. He wanted to derail the scheduled vote, and succeeded, at least for the day.
KevinC
5579
Fuck Kevin McCarthy but if Senators want to filibuster that’s the sort of thing they should have to do.
It’s not a real filibuster unless you bust out Green Eggs and Ham.
Skipper
5581
Harris will briefly be the Commander in Chief while Biden gets a colonoscopy today.
KevinC
5582
OMG gas prices are so high under Harris, impeach her now!!1