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The Economic Case for Expanding the Scope of Reconciliation

Josh Bivens Economic Policy Institute
One tool of Senate procedure—the budget reconciliation process—provides a limited end run around the filibuster. The reconciliation process allows a certain subset of legislation to pass with a simple majority.

All Pain and No Gain From Higher Interest Rates

Joseph E. Stiglitz Project Syndicate
In the name of taming inflation, central banks have deliberately set themselves on a path to cause a recession – or to worsen it if it comes anyway. Worse, today's monetary-policy tightening will leave long-lasting scars, there are better responses.

Bernie Sanders’s Third Campaign

John Nichols The Nation
"We have got to address the reality that a very significant and growing number of Americans no longer have faith that their government is concerned about their needs. This takes us to the whole threat of Trumpism and the attacks on democracy."

COVID-19 and the Unfunded Black Belt Commission

Greg Kaufmann Facing South
U.S. map showing Southern States unfunded ...Black Belt communities currently being ravaged by COVID-19 would benefit from the kind of sustained investment that should have been happening since 2008...just as the whiter, richer states in the NBRC did.

The Case for More Government and Higher Taxes

Eduardo Porter New York Times
Four out of every five - or more - have said the government makes them feel either angry or frustrated. These frustrated Americans may not fully realize it, but there's a strong case for more government - not less - as the most promising way to improve the nation's standard of living. The American government pretty much stopped growing when the civil rights movement forced whites to share public space with African Americans, then Latinos, Asians and Native Americans.

Progressive Caucus, Labor, Activist Groups Urge 'No' Vote on Spending Bill

Seung Min Kim; Jordan Fabian; Lindsay Koshgarian
Congressional Progressive Caucus urged members to reject the so-called Cromnibus if a provision which helps big banks trade derivatives in units backstopped by a government guarantee remained in the spending measure. This kind of activity was a cause of the 2008 crisis - it a giveaway to wealthy campaign donors and Wall Street banks. Analysis for more information about key takeaways from the proposed spending bill, as well as a few controversial surprises.

Full Employment and the Path to Shared Prosperity

Dean Baker and Jared Bernstein Dissent
If high unemployment is one of the obstacles to more equitable growth, then the question is: how do we achieve full employment? There are four main ways. Each route faces substantial political opposition, both because of powerful interests that would be hurt by paying higher wages and because of popular prejudices that are persistently promoted in the media.
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