November, 08 2010, 11:31am EDT
Post Election: What Follows the Money?
Big money was the big story of the 2010 election: A $4 billion campaign for control of Congress, with $300 million invested by independent groups largely bankrolled by anonymous, corporate donors. What does it buy in the next Congress and what are its implications for future campaigns? Is Congress the target of a corporate takeover bid?
Join Common Cause and a panel of campaign finance experts at the National Press Club on Wednesday for a wide ranging discussion of the role of money in American politics - today and tomorrow.
WASHINGTON
Big money was the big story of the 2010 election: A $4 billion campaign for control of Congress, with $300 million invested by independent groups largely bankrolled by anonymous, corporate donors. What does it buy in the next Congress and what are its implications for future campaigns? Is Congress the target of a corporate takeover bid?
Join Common Cause and a panel of campaign finance experts at the National Press Club on Wednesday for a wide ranging discussion of the role of money in American politics - today and tomorrow.
When: Wednesday, Nov. 10; 10-11 a.m.
Where: National Press Club, 529 14th St., NW, Washington DC 20045
Who: Charlie Cook, publisher of the Cook Political Report
Sheila Krumholz, executive director of the Center for Responsive Politics
Marty Russo, CEO of Cassidy and Associates
Arn Pearson, vice president for programs for Common Cause
Moderated by Lenny Mendonca, a senior partner at McKinsey & Co., and a member of Common Cause's National Governing Board.
Common Cause is a nonpartisan, grassroots organization dedicated to upholding the core values of American democracy. We work to create open, honest, and accountable government that serves the public interest; promote equal rights, opportunity, and representation for all; and empower all people to make their voices heard in the political process.
(202) 833-1200LATEST NEWS
New Progressive Caucus Chair Ready to 'Fight Billionaires, Grifters, and Republican Frauds'
"Our caucus will make sure the Democratic Party stands up to corporate interests for working people," said Rep. Greg Casar.
Dec 05, 2024
The Congressional Progressive Caucus on Thursday elected its leaders for the next term, including Rep. Greg Casar as chair.
"The members of the Progressive Caucus know how to fight billionaires, grifters, and Republican frauds in Congress. Our caucus will make sure the Democratic Party stands up to corporate interests for working people," said Casar (D-Texas), who will replace term-limited Rep. Pramila Jayapal (D-Wash.).
"I'm honored to build on the legacy of Chair Jayapal," Casar continued. "I've fought back against extremist, egocentric autocrats in Texas for my entire adult life. The Democratic Party must directly take on Trump, and it'll be CPC members boldly leading the way and putting working people first."
Casar, who is currently the CPC whip and ran unopposed, will be joined for the 119th Congress by Reps. Ilhan Omar (D-Minn.) as deputy chair and Jesús "Chuy" García (D-Ill.) as whip.
"The Congressional Progressive Caucus has always served as an incredible vehicle for transformative change, justice, and movement building," noted Omar. "I am honored to have the support of my colleagues to serve another term as the deputy chair of the Progressive Caucus. Over the next term, we are going to fight to build an inclusive movement that meets the moment."
García said that "I am proud to join incoming Chair Casar, Deputy Chair Omar, and all members of the newly elected executive board as we prepare for the 119th Congress—in which I believe the role the CPC plays will be more critical than ever."
"We are a caucus that gives platform to ideas deeply popular across the political spectrum, and a caucus that builds diverse coalitions to get things done," he continued. "I look forward to working with my colleagues in Congress and partners across the country who believe in people-centered policies rooted in equity and justice for all."
The CPC, first led by Sen. Bernie Sanders (I-Vt.) in 1991, when he was still in the U.S. House of Representatives, has nearly 100 members. The new caucus leaders are set to begin their terms on January 3 and will face not only a Republican-controlled House and Senate, but also U.S. President-elect Donald Trump, who is set to be sworn in on January 20.
"It is my great honor to pass the torch to the next class of elected leadership of the Progressive Caucus: My dear friends and trusted colleagues Reps. Greg Casar, Ilhan Omar, and Chuy García," said Jayapal.
"I was proud to establish term limits when I became chair in 2018, and have full confidence in the abilities of our new class to lead this caucus in the fight against the worst of the incoming Trump administration while rebuilding our party with a focus on economic justice for working people," she added. "I will be cheering these three new leaders and our new vice chairs at every turn as chair emerita come next year, and my heart is very full knowing we will have them at the helm of the CPC."
Speaking with NBC News on Wednesday, 35-year-old Casar said that "the progressive movement needs to change. We need to re-emphasize core economic issues every time some of these cultural war issues are brought up."
"So when we hear Republicans attacking queer Americans again, I think the progressive response needs to be that a trans person didn't deny your health insurance claim, a big corporation did—with Republican help," he explained. "We need to connect the dots for people that the Republican Party obsession with these culture war issues is driven by Republicans' desire to distract voters and have them look away while Republicans pick their pocket."
According to NBC:
That means the Democratic Party needs to "shed off some of its more corporate elements," to sharpen the economic-populist contrast with Republicans and not let voters equate the two parties, he said. He predicted Trump and the Republican-led Congress will offer plenty of opportunities to drive that distinction, including when it pursues an extension of tax cuts for upper earners.
"The core of the Republican Party is about helping Wall Street and billionaires. And I think we have to call out the game," Casar said. "The Democratic Party, at its best, can hold people or can have inside of its tent people across geography, across race and across ideology. Because we're all in the same boat when it comes to making sure that you can retire with dignity, that your kids can go to school, that you can buy a house."
Others—including Sanders, who sought the Democratic nomination for president in 2016 and 2020—have issued similar calls since Democrats lost the White House and Senate in last month's elections.
"In the recent elections, just 150 billionaire families spent nearly $2 billion to get their candidates elected," Sanders said Saturday. "Our job in the coming months and years is clear. We must defeat the oligarchs and create an economy and government that works for all, not just the few."
On Thursday, both Sanders and Jayapal, who have led the congressional fight for Medicare for All, reiterated calls for a single-payer healthcare program in response to a social media post by Elon Musk, who is set to co-lead Trump's forthcoming Department of Government Efficiency with fellow billionaire Vivek Ramaswamy.
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Billionaire Jeff Bezos Wants to 'Help' Trump Gut Regulations
"Shockingly another one of the richest guys on Earth wants to defund our government and scrap regulations."
Dec 05, 2024
Billionaire Amazon founder Jeff Bezos on Wednesday expressed his optimism about U.S. President-elect Donald Trump's next term and suggested he would "help" the Republican gut regulations.
"If we're talking about Trump, I think it's very interesting, I'm actually very optimistic this time around... I'm very hopeful about this—he seems to have a lot of energy around reducing regulation," Bezos told The New York Times' Andrew Ross Sorkin during the newspaper's DealBook Summit.
"And my point of view, if I can help him do that, I'm gonna help him, because we do have too much regulation in this country. This country is so set up to grow," he continued, suggesting that regulatory cuts would solve the nation's economic problems.
After complaining about the burden of regulations, Bezos added, "I'm very optimistic that President Trump is serious about this regulatory agenda and I think he has a good chance of succeeding."
The comments came during a discussion about Bezos' ownership of The Washington Post, which also addressed the billionaire's recent controversial decisions to block the newspaper's drafted endorsement of Democratic Vice President Kamala Harris and have it stop endorsing presidential candidates.
Bezos said Wednesday that he is "very proud" of the move, that the Post "is going to continue to cover all presidents very aggressively," and the decision did not result from fears about Trump targeting his companies.
As Inc.reported Thursday: "Trump had railed against Bezos and his companies, including Amazon and The Washington Post, during his first term. In 2019, Amazon argued in a court case that Trump's bias against the company harmed its chances of winning a $10 billion Pentagon contract. The Biden administration later pursued a contract with both Amazon and Microsoft."
Bezos owns Blue Origin, an aerospace company and a competitor to Elon Musk's SpaceX. Musk—the world's richest person, followed by Bezos, according to the Bloomberg and Forbes trackers—has been appointed to lead Trump's forthcoming Department of Government Efficiency (DOGE) with fellow billionaire Vivek Ramaswamy.
Bezos' remarks at the Times summit led Fortune's Brooke Seipel to suggest that he may be the next billionaire to join DOGE.
Musk and Ramaswamy headed to Capitol Hill on Thursday to speak with GOP lawmakers about their plans for the government.
"Despite its name, the Department of Government Efficiency is neither a department nor part of the government, which frees Musk and Ramaswamy from having to go through the typical ethics and background checks required for federal employment," The Associated Pressnoted. "They said they will not be paid for their work."
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Jayapal, Sanders Offer Answer to Elon Musk's Healthcare Cost Question
"The most efficiently run healthcare systems in the world," said National Nurses United, "have been proven time and time again to be single-payer systems."
Dec 05, 2024
Two of the United States' most outspoken critics of the for-profit health system welcomed billionaire entrepreneur Elon Musk's criticism of the country's sky-high healthcare spending—and suggested that Musk, a potential Cabinet member in the incoming Trump administration, join the call for Medicare for All.
A social media post by Musk drew the attention of Sen. Bernie Sanders (I-Vt.) and Rep. Pramila Jayapal (D-Wash.), who reintroduced legislation to expand Medicare coverage to every American last year and have long called for the for-profit healthcare system to be replaced by a government-run program, or single-payer system, like those in every other wealthy country in the world.
"Shouldn't the American people be getting getting their money's worth?" asked Musk, posting a graph from the nonpartisan Peter G. Peterson Foundation that showed how per capita administrative healthcare costs in the U.S. reached $1,055 in 2020—hundreds of dollars more than countries including Germany, Canada, and the United Kingdom.
"Yes," said Sanders, repeating statistics he has frequently shared while condemning the country's $4.5 trillion health system in which private, for-profit health insurance companies increasingly refuse to pay for healthcare services and Americans pay an average of $1,142 in out-of-pocket expenses each year.
"We waste hundreds of billions a year on healthcare administrative expenses that make insurance CEOs and wealthy stockholders incredibly rich while 85 million Americans go uninsured or underinsured," the senator added. "Healthcare is a human right. We need Medicare for All."
Jayapal added that she has "a solution" to exorbitant healthcare costs in the U.S.: "It's called Medicare for All."
Musk has been nominated by President-elect Donald Trump to lead a new federal agency that he wants to create called the Department of Government Efficiency (DOGE). Sanders has expressed support for some of the agency's mission, saying its plan to "cut wasteful expenditures" could be put to use at the Department of Defense, which has repeatedly failed audits of its annual spending.
But Sanders has sharply criticized the economic system and business practices that have helped make Musk the richest person in the world, with a net worth of $343.8 billion.
Another progressive, David Sirota of The Lever, suggested last month that DOGE could be used to eliminate the nation's vast health insurance bureaucracy and replace it with Medicare for All, pointing to a 2020 report from the Republican-controlled Congressional Budget Office that showed that a government-run healthcare program would save the country an estimated $650 billion each year.
"Such a system could achieve this in part because Medicare's 2% administrative costs are so much lower than the 17% administrative costs of the bureaucratic, profit-extracting private health insurance industry," wrote Sirota.
Musk drew the attention of Medicare for All advocates amid online discussion about the greed of for-profit insurance giants.
The killing of UnitedHealthcare CEO Brian Thompson on Wednesday prompted discussion about widespread anger over the U.S. healthcare system, and following public outcry, Anthem Blue Cross Blue Shield on Thursday backtracked on a decision to stop paying for surgical anesthesia if a procedure goes beyond a certain time limit. The American Society of Anesthesiologists said that if Anthem stopped fully paying doctors who provide pain management for complicated surgeries, patients would be left paying hundreds or thousands of dollars in out-of-pocket costs.
National Nurses United, which advocates for a government-run healthcare system, urged Musk and others who support the broadly popular proposal to "join the movement to win Medicare for All."
"The most efficiently run healthcare systems in the world," said the group, "have been proven time and time again to be single-payer systems."
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