Executive Branch

May 10, 2023 | Revolving Door Project Newsletter

Hannah Story Brown

Newsletter Executive BranchGovernanceGovernment Capacity

The GOP Budget Plan Would Ruin Millions of Lives

There are a lot of things you could say about the GOP’s proposed plan to reduce the deficit. But if we want to be more expansive than just calling it “batshit crazy” and washing our hands of the whole clown show, as we think Biden can and should, then we could point out that the GOP plan is an expression of profound hostility to the idea of a federal government that serves anyone besides war profiteers.

May 03, 2023 | Revolving Door Project Newsletter

Hannah Story Brown

Newsletter

Department of JusticeExecutive BranchGovernment Capacity

On the Debt, Biden Has No Choice But To Make One

On Monday, Treasury Secretary Janet Yellen shortened the estimate of when the U.S. could default on its debt to as soon as June 1. We’re less than a month out from the so-called X-date: the day that the federal government runs out of cash. President Biden has invited House and Senate leadership to the White House to talk debt this coming Tuesday, with highly uncertain results. 

March 22, 2023 | The Sling

Dylan Gyauch-Lewis

Op-Ed Department of TransportationExecutive BranchIndependent AgenciesLabor

Too Big To Rail: Railroads, Safety, and Accountability

Unfortunately, America’s rail workers are all too familiar with the consequences of how the railroad industry has been operated over the past 30 years. Precision scheduled railroading (PSR) has made the difference. PSR is a business model focused on reducing overhead costs and generating returns for shareholders. Similar to many other business models driven by financialization, it’s effectively  a scheme by giant railroad operators to cut staff and backup resources, push the remaining equipment and personnel to the breaking point, and funnel as much of the cash as possible to Wall Street. And by increasing market concentration even further, the recently approved rail merger between Canadian Pacific (CP) and Kansas City Southern (KCS) promises to make the situation even more dire — for railroad workers, for the communities our rail lines pass through, and for the American economy.

March 02, 2023

Henry Burke

Blog Post

Economic PolicyExecutive BranchFederal ReserveFinancial RegulationLarry Summers

Workers Beware: Biden’s Potential Fed Pick Prescribes Unemployment & Reduced Social Security Benefits

Karen Dynan has been reported as one of a few economists on Biden’s shortlist to replace Lael Brainard on the Federal Reserve Board of Governors. While her proponents have highlighted the Harvard-trained economist’s perfect centrist resume, her recent statements on how best to tackle inflation should concern workers and their allies. And this blithe analysis concerning unemployment should come as no surprise – Dynan, like Biden’s foils in the GOP, believes cuts to Social Security benefits are likely.

March 01, 2023 | The American Prospect

Hannah Story Brown

Op-Ed ClimateConsumer ProtectionCorporate CrackdownExecutive BranchGovernanceGovernment Capacity

Calling Deficit Squawks’ Bluff on Environmental Enforcement

A 38-car train wreck. Toxic chemicals seeping into water and soil, and a black plume rising in the sky. Sick people, sick pets. As the Prospect’s Jarod Facundo wrote last week, the national spotlight remains fixed on the ecological consequences of the February 3 derailment of a Norfolk Southern train carrying hazardous chemicals in East Palestine, Ohio.

In the context of this ecological disaster, arguing for a reduced budget for federal investigators, air and water quality testing, and programs that hold polluting corporations accountable for proper cleanup and restitution is sheer madness. But that’s exactly what the current right-wing push for massive government spending cuts in the name of deficit reduction would entail.