May, 26 2023, 01:38pm EDT
Patriotic Millionaires Slam Biden, GOP on Rollback of IRS Funding in Pending Debt Limit Deal
"This deal proves that the one thing the modern GOP cares about more than anything else is making sure rich people don’t have to pay taxes."
Yesterday, reports emerged that President Biden may agree to roll back $10 billion in IRS funding as part of a deal with Republicans to raise the debt limit.
In response, Morris Pearl, the Chair of the Patriotic Millionaires and a former managing director at BlackRock, Inc., released the following statement:
"A debt ceiling agreement that cuts IRS funding would be an embarrassing disgrace for both the GOP and President Biden.
House Republicans have been holding the global economy hostage because they claim that the federal debt is too big. But at the first opportunity, they are happy to scrap most of their cuts to limit the ability of the IRS to go after wealthy tax cheats, a move that would actually increase the debt by $120 billion.
The mask is off. This deal proves that the one thing the modern GOP cares about more than anything else is making sure rich people don’t have to pay taxes.
But we can’t blame the GOP for the fact that President Biden put this on the table in the first place. As Biden himself said many times, the agency desperately needs these funds to crack down on wealthy tax cheats and ensure that rich people start paying what we rightfully owe the country in taxes.
Biden shouldn’t be negotiating with McCarthy and his cronies in the first place over paying for things that we’ve already bought in the budget that was approved last year – you cannot negotiate with economic terrorists. To give into their demands over IRS funding at the eleventh hour is simply beyond the pale.
There is still time, albeit not much, for Biden to come to his senses and back out of this disgraceful IRS rollback. Agreeing to IRS funding cuts as a bargaining chip in debt ceiling negotiations would be an enormous stain on Biden’s legacy. If he wants to protect his reputation and our country, he should refuse to budge an inch on the debt ceiling and use his constitutional authority under the 14th Amendment to bypass this entire manufactured crisis."
The Patriotic Millionaires is a group of high-net worth Americans who share a profound concern about the destabilizing level of inequality in America. Our work centers on the two things that matter most in a capitalist democracy: power and money. Our goal is to ensure that the country's political economy is structured to meet the needs of regular Americans, rather than just millionaires. We focus on three "first" principles: a highly progressive tax system, a livable minimum wage, and equal political representation for all citizens.
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'Let's Break It Down': Mamdani Gives His Perspective on Historic NYC Win
Zohran Mamdani solidified his win in the Democratic primary for New York City mayor with the release of ranked choice voting results.
Jul 01, 2025
Last week, democratic socialist and state Assemblymember Zohran Mamdani stunned in an upset victory over disgraced former New York Gov. Andrew Cuomo in New York City's Democratic mayoral primary—sparking broader conversations about the future of the party and sending shockwaves through the American political system.
One week later, on Tuesday, Mamdani both solidified his win thanks to the release of the election's ranked choice voting results and unveiled a new video highlighting factors that in his view were key to his campaign's success. Mamdani credits his relentless focus on affordability and a commitment to reaching all New York City voters, including those who have previously voted for U.S. President Donald Trump, are inconsistent primary voters, or who speak languages besides English.
The goal, in Mamdani's words, was nothing short of rebuilding "a coalition that had frayed over years of disappointment and neglect, to win people back to a Democratic Party that puts working people first."
On Tuesday, New York City's Board of Elections announced the ranked-choice voting results from the June 24 primary, underscoring Mamdani's decisive victory. Mamdani secured 56% of the vote compared to Cuomo's 44%. All other candidates' votes were reallocated to Mamdani and Cuomo in the third round of voting. All told, some 545,000 New Yorkers ranked Mamdani on their ballots.
In the video, Mamdani touted some of his impressive margins, including his ability to win over districts that had gone for Trump in the last election, noting the inroads that Trump made in New York City in 2024. According to an analysis from Gothamist, Mamdani won 30% of primary election districts Trump carried in the general election last year.
Mamdani said his campaign achieved this by visiting areas that went for Trump, "not to lecture, but to listen."
He also said that his campaign knew it could turn out less consistent primary voters if "they saw themselves in our policies."
"We ran a campaign that tried to talk to every New Yorker, whether I could speak their languages or just tried to... and the coalition that came out on Tuesday, reflected the mosaic of these five boroughs," Mamdani said.
As part of the focus on connecting with voters, Mamdani put out campaign videos with him speaking in languages like Hindi and Spanish.
On Election Day, Mamdani led in areas with majority Asian, white, and Hispanic voters, while Cuomo led in areas with majority Black voters. "We narrowed Andrew Cuomo once sizable lead with Black voters, outright winning young Black New Yorkers in neighborhoods like Harlem and Flatbush," he said.
Mamdani also highlighted that he trounced Cuomo despite the super political action committee money supporting the former governor.
"We rewrote the rule book by, get this, talking to New Yorkers," he said. "Politics in this city won't ever be the same, and it's all thanks to you. The next chapter begins today New York."
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With Help From Vance, Senate GOP Votes to Decimate Medicaid to Fund Tax Cuts for Rich
"Historians—and voters—will look back at this as a dark day in U.S. history."
Jul 01, 2025
With a tie-breaking vote from Vice President JD Vance, Senate Republicans on Tuesday narrowly passed budget legislation that includes the largest cuts to Medicaid and nutrition assistance in U.S. history and trillions of dollars in tax breaks that would disproportionately benefit the wealthiest Americans.
The Senate tally was 50-50 prior to Vance's intervention, with Democrats unanimously opposed and Sens. Rand Paul (R-Ky.), Thom Tillis (R-N.C.), and Susan Collins (R-Maine) crossing the aisle to vote against the bill, which now heads back to the Republican-controlled House of Representatives.
"JD Vance was the deciding vote to cut Medicaid across the country," Rep. Alexandria Ocasio-Cortez (D-N.Y.) wrote in response to the Senate vote. "An absolute and utter betrayal of working families."
The 887-page legislation includes more than $1 trillion in cuts to Medicaid and the Children's Health Insurance Program over the next decade—cuts that would result in nearly 12 million people losing health coverage. Analysts and advocates warn the proposed cuts would have cascading effects across the country, shuttering rural hospitals and devastating state budgets.
"Senate Republicans just voted to close nursing homes and hospitals around the country. These cuts will hit rural areas hardest, but nowhere is safe," said Alex Lawson, executive director of the progressive advocacy group Social Security Works. "Even if your local hospital doesn't close, it will have more patients and fewer staff due to the loss of Medicaid funding. Half of nursing homes will lose staff, and a quarter will close. All to give trillions in tax handouts to billionaires like Elon Musk and Jeff Bezos."
"In the end, billionaire political donors want a return on their investment, and Trump and Republicans are determined to give it to them with trillions in new handouts. The rest of us will suffer for it."
The measure also takes an ax to the Supplemental Nutrition Assistance Program (SNAP)—imperiling food aid for millions and potentially inflicting major damage to local economies across the U.S.—as well as clean energy programs, Planned Parenthood funding, and more.
Even with such seismic cuts, the Senate bill would still add more than $3 trillion to the deficit over the next 10 years due to the size of the measure's tax breaks, which would flow primarily to the rich and large corporations. Experts have said that, if enacted, the Republican legislation would spur the largest transfer of wealth from the poor to the rich in a single law in U.S. history.
"This abominable bill will make history—in appalling ways," said Amy Hanauer, executive director of the Institute on Taxation and Economic Policy. "Never before has legislation taken so much from struggling families to give so much to the richest. It makes the biggest cuts to food aid for hungry families, executes the largest cuts to healthcare ever, adds trillions to the national debt—all to give $114 billion to the richest 1% in a single year. It's no wonder that this bill is also extremely unpopular. Historians—and voters—will look back at this as a dark day in U.S. history."
The bill also contains a $150 billion boost for the Pentagon and tens of billions for Immigration and Customs Enforcement.
"This Republican bill is about caviar over kids, hedge funds over healthcare, and Mar-a-Lago over the middle class," said Sen. Ron Wyden (D-Ore.), the top Democrat on the Senate Finance Committee. "If this becomes law, only the ultrawealthy will make it through unscathed. Every other American will be hurt in one way or another, whether it's cancer patients losing their health coverage, kids going hungry, or families being forced to pay higher utility bills and insurance premiums."
"In the end, billionaire political donors want a return on their investment, and [President Donald] Trump and Republicans are determined to give it to them with trillions in new handouts," Wyden added. "The rest of us will suffer for it. The United States will be a weaker, sicker, and poorer country as a direct result of what the Republicans are doing."
The Senate just passed the largest cut to low-income programs in a single law in US history. It would rip health insurance from more than 10 million people and take food assistance away from millions of households, including families with children and veterans.
— Bobby Kogan (@BBKogan) July 1, 2025
House Republicans are expected to move quickly to pass the Senate-approved legislation before Trump's July 4 deadline, but the bill appears likely to face significant pushback—particularly from far-right members who believe the measure's spending cuts aren't sufficiently aggressive.
Punchbowlreported that the House Rules Committee is expected to meet Tuesday "to begin to prepare the bill for floor consideration."
"The full House is expected back in Washington Wednesday morning, giving the chamber two days to pass the package before" July 4, the outlet noted.
Senate Republican leaders locked in the bill's passage after winning the support of Sen. Lisa Murkowski (R-Alaska). The American Prospect's David Dayen reported that Murkowski "was able to secure a waiver from cost-sharing provisions that would for the first time force states to pay for part of" SNAP.
"In order to get that past the Senate parliamentarian, 10 states with the highest payment error rates had to be eligible for the five-year waiver, including big states like New York and Florida, and several blue states as well," Dayen explained. "The expanded SNAP waivers mean that in the short term, only certain states with average or even below-average payment error rates will have to pay into their SNAP program; already, the language provided that states with the lowest error rates wouldn't have to pay."
After voting for the bill, Murkowski suggested that Republicans in the House should change it—meaning it would have to pass the Senate again before reaching Trump's desk.
David Kass, executive director of Americans for Tax Fairness, said in a statement that "this fight is not over," pointing to the House Republicans who have "voiced concern about the massive cuts to Medicaid and SNAP, in addition to the trillions this bill adds to the national debt."
"Since the House last voted for the bill, the Senate has only made the bill more expensive and enacted more cuts to critical programs that their constituents rely on," said Kass. "The question is: Will House members stand up for their constituents, or blindly follow Trump and his elite backers?"
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US- and Israel-Backed Gaza Humanitarian Foundation Must Be Shut Down, Say 165+ Charities
Distribution points run by the group, warns the NGO coalition, "have become sites of repeated massacres in blatant disregard for international humanitarian law."
Jul 01, 2025
More than 165 nongovernmental organizations on Tuesday issued a joint call to shut down the "deadly Israeli distribution scheme" for humanitarian assistance in the Gaza Strip, return to relief efforts coordinated by the United Nations, and end Israel's blockade on aid and commercial supplies into the destroyed Palestinian enclave.
The U.S.- and Israel-backed Gaza Humanitarian Foundation (GHF) began operations in late May, over widespread objections. As the joint statement explains, "The 400 aid distribution points operating during the temporary cease-fire across Gaza have now been replaced by just four military-controlled distribution sites, forcing 2 million people into overcrowded, militarized zones where they face daily gunfire and mass casualties while trying to access food and are denied other lifesaving supplies."
"Starved and weakened civilians are being forced to trek for hours through dangerous terrain and active conflict zones, only to face a violent, chaotic race to reach fenced, militarized distribution sites."
"The weeks following the launch of the Israeli distribution scheme have been some of the deadliest and most violent since October 2023," the statement notes. The Gaza Health Ministry says Israel's nearly 21-month assault has killed at least 56,647 Palestinians—and, as of Sunday, at least 583 of those deaths occurred while people sought food at GHF sites.
Another 4,186 Palestinians have been injured at the aid sites, according to the ministry. Overall, at least 134,105 have been wounded by the Israel Defense Forces' campaign since the Hamas-led October 7, 2023 attack. Some IDF troops toldHaaretz last week that commanders ordered them to shoot and shell aid-seeking Palestinians, even when they posed no threat.
"For 20 months, more than 2 million people have been subjected to relentless bombardment, the weaponization of food, water, and other aid, repeated forced displacement, and systematic dehumanization—all under the watch of the international community," the NGOs detailed. "The Sphere Association, which sets minimum standards for quality humanitarian aid, has warned that the Gaza Humanitarian Foundation's approach does not adhere to core humanitarian standards and principles."
"Under the Israeli government's new scheme, starved and weakened civilians are being forced to trek for hours through dangerous terrain and active conflict zones, only to face a violent, chaotic race to reach fenced, militarized distribution sites with a single entry point," the groups wrote. "There, thousands are released into chaotic enclosures to fight for limited food supplies."
"These areas have become sites of repeated massacres in blatant disregard for international humanitarian law," the coalition continued. "Orphaned children and caregivers are among the dead, with children harmed in over half of the attacks on civilians at these sites. With Gaza's healthcare system in ruins, many of those shot are left to bleed out alone, beyond the reach of ambulances and denied lifesaving medical care."
Today, over 130 NGOs have called for the restoration of unified, UN-led aid coordination and distribution in #Gaza based on international humanitarian law, inclusive of UNRWA.👉 www.oxfam.org/en/press-rel...@oxfaminternational.bsky.social @nrc-global.bsky.social @savechildrenintl.bsky.social
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— UNRWA (@unrwa.org) July 1, 2025 at 7:53 AM
The NGOs asserted that "the humanitarian system is being deliberately and systematically dismantled by the government of Israel's blockade and restrictions, a blockade now being used to justify shutting down nearly all other aid operations in favor of a deadly, military-controlled alternative that neither protects civilians nor meets basic needs."
The organizations also stressed that "experienced humanitarian actors remain ready to deliver lifesaving assistance at scale."
In addition to calling on other countries to "uphold their obligations under international humanitarian and human rights law," and to "reject the false choice between deadly, military-controlled food distributions and total denial of aid," the groups reiterated their demands for "an immediate and sustained cease-fire, the release of all hostages and arbitrarily detained prisoners, full humanitarian access at scale, and an end to the pervasive impunity that enables these atrocities and denies Palestinians their basic dignity."
Signatories include ActionAid, American Friends Service Committee, Amnesty International, B'Tselem, Greenpeace, Islamic Relief Worldwide, Jewish Network for Palestine, Médecins Sans Frontières (Doctors Without Borders), Norwegian Refugee Council, Oxfam International, PAX, Physicians for Human Rights Israel, Save the Children, War Child Alliance, and War on Want.
Their statement follows a similar one released last week by a coalition of 15 leading human rights and legal organizations, which urged all parties involved in GHF, including countries, corporations, donors and individuals, "to immediately suspend any action or support that facilitates the forcible displacement of civilians, contributes to starvation or other grave breaches of international law, or undermines the core principles of international humanitarian law."
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