Elizabeth Warren Just Released a Plan to Increase Social Security Through New Taxes on the Richest 2 Percent
Tracy Barbutes/ZUMA Elizabeth Warren released a plan on Thursday to expand Social Security benefits through increased taxes on the rich. The proposal, which the Massachusetts senator called the “biggest and most progressive increase in Social Security benefits in nearly half a century,” would see every retiree receive at least $200 more each month and extend…
The Eurozone Gets a Big Stimulus
Donald Trump is mad again: The European Central Bank cut its key interest rate and launched a sweeping package of bond purchases Thursday that lays the ground work for what is likely to be a long period of ultraloose monetary policy, jolting European financial markets and triggering an immediate response from President Trump. ….In a…
What’s the Deal With Trump and the Homeless?
Skid row in downtown Los Los Angeles.Kevin Drum This year’s Academy Award for the most pregnant use of an adverb goes to a Senior Administration Official speaking to the Washington Post about the homeless in Los Angeles: We’re not rounding people up or anything yet. You guys in the media get too ahead of yourselves.…
Elizabeth Warren Wants to Boost Your Retirement Check
Brian Cahn/Zumapress Elizabeth Warren has a new plan for shoring up Social Security: Senator Elizabeth Warren of Massachusetts unveiled a plan on Thursday to give all recipients of Social Security benefits an extra $200 per month and to pay for it by raising taxes on the rich, her latest economic proposal to redistribute wealth in…
Inside the Pro-Andrew Yang Influence Machine
Win McNamee/Getty Images After the first set of Democratic presidential debates in June, Andrew Yang dominated several online surveys asking who won the contest. He came in first in one run by the conservative news aggregator Drudge Report, another run by the Washington Examiner, and second in one on NJ.com. The results seemed like a…
An Interview With My Mom About Her Abortion
Mother Jones illustration When my mom first told me over the phone about two years ago that she’d had an abortion in high school, she cried. I cried, too. Not because I was angry with her or because she regretted her decision. Quite the opposite. I was proud of her decision because I knew her choice…