Progressive Breakfast: Bernie Sanders Proposes To Boost Worker-Ownership Of Companies

MORNING MESSAGE

What happens if a business is owned and run by the people who work there, and not by some distant investors interested only in profit? ... There are great outcomes for worker co-op workers who get decent pay, benefits and dignity on the job. Employee productivity goes up, and they want to come to work so sick days and other absenteeism goes down ... [Sen. Bernie Sanders has] proposed to get the government involved in starting and maintaining worker cooperatives and creating a bank to fund worker ownership.

Trump Immigration Plan Bashed

Immigration experts trash Trumps plan. The Hill:Douglas Holtz-Eakin, the head of the conservative American Action Forum, said … it would cost anywhere from $400 billion to $600 billion to detain, process and deport every undocumented immigrant in the U.S. And the end result would be pulling 11 million workers out of the country, reducing the nation’s gross domestic product by $1.6 trillion.”
As does Jeb. W. Post: “‘How do you revoke remittances?’ he asked shaking his head. ‘A plan needs to be grounded in reality.'”
Trump’s immigration numbers don’t add up. Politico:Mexico, he writes, ‘relies heavily on the billions of dollars in remittances sent from illegal immigrants in the United States back to Mexico ($22 billion in 2013 alone).’ If a Trump Administration ‘impounded’ that money, it could gain significant leverage … Except he’s getting that number wrong. In 2013, Mexican immigrants—both legal and illegal—sent $22 billion back to their home country.”
Trump, Bush schedule dueling NH town halls. WSJ: “At 6:30 p.m. Wednesday, Mr. Bush will … hold a town hall meeting in Merrimack. On Monday, Mr. Trump’s campaign announced that it will hold its own town hall meeting about 25 miles down the road from Mr. Bush’s event in Derry … ‘Because Bush draws so poorly, I figured it would be a good time to draw a crowd. Something like that,’ Mr. Trump [said.]”
Club For Growth to attack Trump. USA Today: “Citing Trump’s previous support for a single-payer health-care system, [President David] McIntosh said the Club will work at ‘debunking’ the notion that Trump is a conservative out to change Washington.”

Republicans Sharpen Health Care Scalpels

Sen. Marco Rubio’s proposes partial privatization of Medicare in Politico oped: ” … when I am president, repealing and replacing ObamaCare will be an urgent priority …I will work with Congress to create an advanceable, refundable tax credit that all Americans can use to purchase health insurance … While current seniors on Medicare, like my mother, should see no changes to the program, future generations should be transitioned into a premium support system. A premium support model will empower seniors with choice and market competition …”
Gov. Scott Walker plans policy address on repealing Obamacare. Politico: “Walker says he would replace Obamacare with a plan that would return authority to the states and provide sliding-scale tax credits directly to consumers who don’t get coverage at work … Walker would also give states greater say over Medicaid, which he would break into separate plans for different groups…”
Gov. Chris Christie squeezed on transit plan. Bloomberg: “A rash of recent delays on New Jersey Transit trains has revived talks on Gateway, a $16 billion link under the Hudson River meant to ease Manhattan commuter congestion … Christie would likely have to lobby U.S. lawmakers for financial support at the same time he tries to convince voters he’s fiscally conservative, and as riders blast him on social media for killing a tunnel in 2010 that would have doubled peak service to Manhattan.”

Obama To Unveil Methane Regs

EPA to propose methane regulations today. NYT: “The proposed rule would call for the reduction of methane emissions by 40 to 45 percent over the next decade from 2012 levels … The new rules on methane could create a tougher regulatory scheme on the nation’s fossil fuel production, particularly on the way that companies extract, move and store natural gas.
Oil companies attack Tom Steyer. Bloomberg: “In its campaign against him, Californians for Energy Independence — whose contributors include Chevron, Occidental Petroleum Corp. and Exxon Mobil Corp. — has been probing possible conflicts between Steyer’s business interests and legislative advocacy … [Steyer] backs a bill in the California Senate that would cut petroleum use in half, double the energy efficiency of buildings and increase retail sales of renewable electricity to 50 percent by 2030.”
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