Tag Archives: Warren's
Elizabeth Warren's campaign says its fundraising dropped 30 percent from last quarter
Sen. Elizabeth Warren's (D-Mass.) presidential campaign is looking for a little holiday miracle.On Friday, Warren's campaign sent an email to supporters saying her fundraising was "a good chunk behind where we were at this time last quarter." Her campaign had so far raised $ 17 million ahead of next week's fourth-quarter fundraising deadline, the email said — at least a 30 percent drop from the $ 24.6 million it had ended up with last time.While acknowledging campaigns usually wait until FEC reporting deadlines to reveal how much they've raised, "we're a grassroots team, and you should know exactly where things stand right now," the Warren email said. The campaign is telling supporters where things stand as of Thursday, and asking for help hit the goal of $ 20 million, which it said it needs "to keep our plans on track."Warren nearly topped the 2020 Democratic pool in fundraising last quarter, even beating out former Vice President Joe Biden's $ 15.2 million. Sen. Bernie Sanders (I-Vt.) came out first with $ 25.3 million, marking the highest quarterly fundraising total of any 2020 candidate so far.More stories from theweek.com The evangelical resistance? The best novels published in 2019 5 scathingly funny cartoons about Trump's holiday season
Hillary Clinton slams Sanders's and Warren's wealth-tax plans as 'incredibly disruptive' and 'unworkable'
'Saturday Night Live' Pokes Fun at Sen. Elizabeth Warren's Very Ambitious Medicare for All Plan
Republicans, Democrats, "SNL" attack Warren's U.S. 'Medicare for All' plan
Senator Elizabeth Warren’s $ 20.5 trillion plan to provide healthcare for all Americans was attacked and mocked over the weekend by Democrats, Republicans, and “Saturday Night Live,” the long-running New York comedy show. The 20-page “Medicare for All” plan, which Warren’s 2020 presidential campaign released on Friday, calls for cuts in defense spending and passing immigration reform to increase tax revenue from newly legal Americans, two steps that would face an uphill battle in Congress. Warren’s sweeping healthcare overhaul would replace private health insurance, including employer-sponsored plans, with full government-sponsored coverage, and individuals would no longer have to pay premiums, deductibles, co-pays or other out-of-pocket costs.
Why some of Elizabeth Warren's Medicare-for-all financing plan might be 'implausible'
Sen. Elizabeth Warren (D-Mass.) unveiled her plan to finance Medicare-for-all without a middle class tax increase Friday, and while she's received a fair amount of praise, others were quicker to point out some flaws.Josh Barro wrote in New York that he found many of the ideas in the plan to be "worthy," but he also noted that a few were "implausible," and probably don't do enough to solve the financing issues that are currently blocking the U.S.'s path to single-payer. He's not sold on the senator doubling her proposal to increase an annual wealth tax on billionaires from 3 percent to 6 percent — the proposed tax is already "constitutionally dubious," Barro writes, and he's also skeptical about her adviser's confidence in enforcing it. Along those lines, Barro doesn't think it's realistic to expect an extra $ 3 trillion per decade through increased spending on tax enforcement alone, even though the writer favors such a move himself.Ultimately, Barro says he remains convinced Warren would not enact single payer health care if elected next year since she'll either be working with a Republican-controlled Senate, or a slim Democratic majority which would still consist of moderates who wouldn't sign up for a lot of the proposals she has brought to the table. Read more at New York.
Jeff Bezos would pay nearly $7 billion to Elizabeth Warren's Medicare-for-all tax
Sen. Elizabeth Warren (D-Mass.) has a plan for taking Jeff Bezos' money.The 2020 candidate unveiled her proposal Friday to pay for her estimated $ 34 trillion Medicare-for-all plan without upping taxes on the middle class. It relies on a big chunk of change from the country's biggest earners, and would end up costing the Amazon founder nearly $ 7 billion.To raise the tremendous sum needed to provide universal health care, Warren laid out a $ 20.5 trillion tax package that she says targets "the financial sector, large corporations, and the top 1 percent." Bezos falls at the very top of that last category, and he'd be subject to Warren's wealth tax that was upped in this plan from two percent to six percent. And six percent of Bezos' $ 111.7 billion net worth? That's about $ 6.7 billion.Joining Bezos at the top of the pile is Bill Gates, who would put in around $ 6.4 billion, and Warren Buffett, who'd contribute closer to $ 5 billion. Bezos' company would also end up paying heftier taxes, though it won't have to worry about providing employees with health care anymore.