MORNING MESSAGE
While Democrats Chase Russians, Republicans Keep Rigging Elections
What
does it tell us when leading Democrats are more upset about allegations of
Russian election-rigging than they are about Republican election-rigging? ...
GOP voting laws systematically discriminate against minority voters and working
people. Yes, leading Democrats have lodged pro forma protests against them, but
they should be shouting about it from the rooftops.
BIG OIL GETS BIGGER
ExxonMobil
CEO Rex Tillerson named Secretary of State, faces tough confirmation.
Bloomberg: “He would be the first oil executive to lead the State Department
… Tillerson would add to a cabinet increasingly full of millionaires and
billionaires … Republican Senators John McCain of Arizona and Marco Rubio of
Florida were among those who said they had questions about Tillerson’s dealings
with Putin.”
Might
not clear committee. The Hill: “The Foreign Relations Committee now has nine
Democrats. If all nine of them opposed Tillerson and Rubio joined them, Senate
leadership would have to break with committee to bring the nomination to the
floor, which would be unusual for a job as important as secretary of State …
Three Republican defections [on the Senate floor] could potentially doom any of
his Cabinet nominees, if Democrats are united against them.”
Rick
Perry tapped to lead Energy Department. NYT: “During a televised debate in
2011, when he was seeking the Republican nomination, Mr. Perry intended to list
the Department of Energy among agencies he wanted to eliminate, but he could not
remember its name … Mr. Perry is an enthusiastic advocate of extracting [fossil
fuels], it is not clear how that experience would translate into leading what is
also a major national security agency. Despite its name, the Department of
Energy plays the leading role in designing nuclear weapons and in ensuring the
safety and reliability of the nation’s aging nuclear arsenal through a
constellation of scientific laboratories.”
Energy
Department refuses to cooperate with Trump purge. W. Post: “…the transition
team’s request to ‘provide a list of all Department of Energy employees or
contractors who have attended’ certain climate change meetings casts a shroud of
apprehension over the workforce … Energy officials resolutely rejected the
request, while reassuring workers … American Federation of Government Employees
President J. David Cox Sr., who also represents Energy employees, warned against
‘a return to the political witch hunts of the 1950s…'”
New
pipeline battle flares up in Ohio. ABC News: “The 255-mile NEXUS pipeline
would carry natural gas from Appalachia across northern Ohio and into Michigan
and Canada. A NEXUS spokesman told ABC News that the pipeline has already been
rerouted numerous times to accommodate landowners and that it is safe and will
bring substantial economic benefits to the area. But some in the area say the
pipeline would run too close to homes, schools and businesses in heavily
populated areas.”
ONE MORE FOR GOLDMAN SACHS
Goldman
Sachs president to steer economy. The Hill: “President-elect Donald Trump on
Monday officially announced that he will appoint Goldman Sachs President Gary
Cohn to be the director of his National Economic Council … Sen. Bernie Sanders
(I-Vt.) blasted the pick on Friday. ‘It’s called a rigged economy and this is
how it works,’ he tweeted.”
Incoming
Education Secretary Betsy DeVos wouldn’t let Detroit fix her mistakes. NYT:
“…schools in Detroit were … the worst-performing in the nation. So city leaders
across the political spectrum agreed on a fix, with legislation to provide
oversight and set standards on how to open schools and close bad ones. But the
bill died without even getting a final vote … support fell away, as leaders of
the Republican caucus reminded the members of how much financial support the
DeVoses could withhold.”
Politico
explores what Andy Puzder can do at Labor: “…Puzder is likely to modify two
guidance documents … The first provided an expansive definition of who is an
employee—and thus covered by federal labor laws—and who is an independent
contractor. The second also offered an expansive definition for ‘joint
employment,’ … a big deal for franchise companies … Puzder could unilaterally
slow down the enforcement regime, conducting fewer investigations, seeking
smaller settlements with employers … The Department is also responsible for
enforcing immigration laws in the workplace … [conservative] critics are
sounding the alarm that he’ll betray Trump’s campaign promises by loosening up
on workplace-based immigration enforcement…”
MCCONNELL READIES CORPORATE TAX CUTS
Sen.
Mitch McConnell plans to ram through Obamacare repeal and tax cuts, not
infrastructure. TPM: “The Senate will use the procedural process known as
budget reconciliation, which only requires 51 votes to pass in the Senate … in
January to repeal the Affordable Care Act, [and a] second will be used in the
spring to cut taxes … McConnell also voiced skepticism that a multi-trillion
dollar infrastructure bill was a good idea or use of the GOP’s time and
resources…”
“Corporate
Welfare Won’t Create Jobs” Americans for Tax Fairness’ Frank Clemente warns
Trump in NYT oped: “…lowering corporate taxes won’t prompt firms to create
American jobs. Instead, we need to close a major tax loophole that actually
creates an incentive for multinationals to shift jobs offshore, even as it
substantially lowers taxes for them. That loophole, known as deferral, lets
corporations avoid paying any United States taxes on their offshore profits
until they are brought back here … The corporate clamor for tax cuts has nothing
to do with job creation. It’s about lining the pockets of corporate executives
and wealthy shareholders through ever-higher dividends and ever-bigger stock
buybacks.”
Republicans
consider “border adjustment” taxation. NYT: “A central idea is that goods
would be taxed based on where they were consumed rather than where they were
produced, meaning that imports would be taxed by Washington while exports would
not … By not taxing exports, [economist Alan Auerbach] said, it would ‘strongly
encourage American companies to locate activities in the United States.’ But
critics say this is wishful thinking, divorced from the reality of international
trade laws, Washington lobbying and corporate financial engineering.”
Trump’s
power to coerce companies is limited. WSJ: “…any executive action likely
would face legal challenges and the Trump administration might elect to pursue
tax legislation in Congress to accomplish his goal … Rarely used trade
legislation gives presidents surprisingly broad authority to put products on a
‘retaliation list’ and impose a tariff—essentially a tax—at the border, although
any effort to target specific companies the way Mr. Trump has suggested would
likely face challenges in U.S. courts and in international trade tribunals…”
PEREZ V. ELLISON
Labor
Secretary Tom Perez expected to enter DNC race. NYT: “Mr. Perez’s entry into
the race could start a proxy battle between Democrats loyal to the Mr. Obama and
those from the more liberal wing of the party represented by Senator Bernie
Sanders of Vermont, who is backing Mr. Ellison, a Minnesota progressive, for
party chairman … Perez, 55, has scant experience with electoral politics, having
served just four years on the Montgomery County Council in Maryland … But there
has been no groundswell of support from the committee for any of the announced
candidates, and the contest remains highly volatile.”
Our
Revolution hosts livestream event with Bernie Sanders and Keith Ellison
tomorrow at 8 PM ET.
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