General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTwice as big as the New Deal!
Link to tweet
?s=20
It's twice as big, in real dollars, as the New Deal was. This can be the Congress that goes from 12 years of universal education to 14 years; the makes the largest investment in fighting climate change ever; that cuts what families pay for child care in half.
Johnny2X2X
(19,066 posts)This bill is the most progressive piece of legislation in generations. Time to start praising what is in it rather than ruing what is not.
Autumn
(45,107 posts)Hortensis
(58,785 posts)climate provisions alone, but a fraction of a summary list didn't convey it. Anyway, it still has to be passed, then we can go over pages and pages to get some notion of what's really happening.
Autumn
(45,107 posts)Interesting. Got a link to the actual bill? A link shouldn't be against the TOS.
Hortensis
(58,785 posts)And please, why ask for links instead of getting any number and reading them? Google Biden and Build Back Better for just a start. This bill is history-making.
WE are. You should be proud.
Fiendish Thingy
(15,624 posts)As of yesterday, the childcare section of the bill was severely restricted, with both means testing and a work requirement demanded by Manchin, so hopefully Klain is referring to an update from yesterday.
Update: hes not; hes referring to universal pre K and subsidies for childcare (when youre at the poverty level, 7% of your income is still substantial).
Heres a link to the WH site with the full BBB framework:
https://www.whitehouse.gov/build-back-better/
While there are some good things remaining in the frame work, it is a hollow shell of the original proposal, perhaps more gutted than the ACA was by the time it came to a vote.
Klain is working overtime trying put lipstick on a pig
Autumn
(45,107 posts)is no text to vote on. Adding that later, after the vote is the problem. I would trust Biden but the ones who will be deciding what's in the bill and what's not is where I have a problem.
Hortensis
(58,785 posts)legislative investment in combatting climate change by far. Until our next one, and there must be next ones.
Celerity
(43,416 posts)Reconstruction Finance Corporation (RFC): a Hoover agency expanded under Jesse Holman Jones to make large loans to big business. Ended in 1954.
Federal Emergency Relief Administration (FERA): a Hoover program to create unskilled jobs for relief; expanded by Roosevelt and Harry Hopkins; replaced by WPA in 1935.
United States bank holiday, 1933: closed all banks until they became certified by federal reviewers.
Abandonment of gold standard, 1933: gold reserves no longer backed currency; still exists.
Civilian Conservation Corps (CCC), 19331942: employed young men to perform unskilled work in rural areas; under United States Army supervision; separate program for Native Americans.
Homeowners Loan Corporation (HOLC): helped people keep their homes, the government bought properties from the bank allowing people to pay the government instead of the banks in installments they could afford, keeping people in their homes and banks afloat.
Tennessee Valley Authority (TVA), 1933: effort to modernize very poor region (most of Tennessee), centered on dams that generated electricity on the Tennessee River; still exists.
Agricultural Adjustment Act (AAA), 1933: raised farm prices by cutting total farm output of major crops and livestock; replaced by a new AAA because the Supreme Court ruled it unconstitutional.
National Industrial Recovery Act (NIRA), 1933: industries set up codes to reduce unfair competition, raise wages and prices; ended 1935. The Supreme Court ruled the NIRA unconstitutional.
Public Works Administration (PWA), 1933: built large public works projects; used private contractors (did not directly hire unemployed). Ended 1938.
Federal Deposit Insurance Corporation (FDIC): insures bank deposits and supervises state banks; still exists.
GlassSteagall Act: regulates investment banking; repealed 1999.
Securities Act of 1933, created the SEC, 1933: codified standards for sale and purchase of stock, required awareness of investments to be accurately disclosed; still exists.
Civil Works Administration (CWA), 19331934: provided temporary jobs to millions of unemployed.
Social Security Act (SSA), 1935: provided financial assistance to: elderly, handicapped, paid for by employee and employer payroll contributions; required 7 years contributions, so first payouts were in 1942; still exists.
Works Progress Administration (WPA), 1935: a national labor program for more than 2 million unemployed; created useful construction work for unskilled men; also sewing projects for women and arts projects for unemployed artists, musicians and writers; ended 1943.
National Labor Relations Act (NLRA); Wagner Act, 1935: set up the National Labor Relations Board to supervise labor-management relations. In the 1930s, it strongly favored labor unions. Modified by the Taft-Hartley Act (1947); still exists.
Federal Crop Insurance Corporation (FCIC), 1938: insures crops and livestock against loss of production or revenue. Was restructured during the creation of the Risk Management Agency in 1996 but continues to exist.
Surplus Commodities Program (1936): gives away food to the poor; still exists as the Supplemental Nutrition Assistance Program.
Fair Labor Standards Act 1938: established a maximum normal work week of 44 hours and a minimum wage of 40 cents/hour and outlawed most forms of child labor, though it still exists. The working hours have been lowered to 40 over the years, and the minimum wage has climbed to $7.25.
Rural Electrification Administration (REA): one of the federal executive departments of the United States government charged with providing public utilities (electricity, telephone, water, sewer) to rural areas in the U.S. via public-private partnerships. still exists.
Resettlement Administration (RA): resettled poor tenant farmers; replaced by Farm Security Administration in 1935.
Farm Security Administration (FSA): helped poor farmers by a variety of economic and educational programs; some programs still exist as part of the Farmers Home Administration.
Voltaire2
(13,061 posts)AZSkiffyGeek
(11,029 posts)But it's not perfect, so the pony contingent has to jump in to complain.
mcar
(42,334 posts)We're back to Affordable Care Act "Kill the Bill" logic.
Voltaire2
(13,061 posts)a shit sandwich and nothing, I opt for nothing. But thats just my preference.
mcar
(42,334 posts)Funding early childhood education is shit?
Helping parents afford child care is shit?
Expanding the Affordable Care Act is shit?
I could go on, but obviously are values are quite different.
Hortensis
(58,785 posts)Reminds me of the 2018 midterms. Oh, well...
mcar
(42,334 posts)Hortensis
(58,785 posts)you and they'll get nothing. It's not a great victory for progressivism until it's passed.
Hortensis
(58,785 posts)Still too soon to start gagging, though. All I can suggest is to keep hoping for total failure, while bracing for the worst.
babylonsister
(171,070 posts)introduced, but it got better and saved my behind.
mcar
(42,334 posts)Glad yours was one of them.