Elizabeth Warren made it clear [that she wants] to be a populist crusader who doubled as a check on the power of corporations and the super-rich. She proposed a "wealth tax," a 2 percent tax on families with assets over $50 million and 3 percent on those with assets over $1 billion. It would generate an estimated $2.75 trillion over the next ten years, and now we know what Warren wants to do with that money: fund a national child-care program.
Earlier this year, a New York Times poll found that… Continue Reading
Elizabeth Warren's plan, the Universal Child Care and Early Learning Act, would create a network of government-funded care centers based partly on the existing Head Start network, with employees paid comparably to public-school teachers. Families earning less than 200 percent of the federal poverty level would be able to send their children to these centers for free. Families earning more than that would be charged on a sliding scale, up to a maximum of 7 percent of their income.
The plan would… Continue Reading
Sen. Elizabeth Warren (D-Mass.) released a plan Tuesday for creating a "universal child care" system in the United States paid for by a tax on the very wealthy.
The plan proposed by Warren would ensure that every American would be able to enroll children up to 5 years old in a child-care program while paying no more than 7 percent of their income in fees. Families below a certain income level - $50,000 a year in today's dollars, for a family of four - could use the facilities free of charge, wh… Continue Reading
United States Senator Elizabeth Warren
(D-Mass.) and Representative Adriano Espaillat (D-N.Y.) today led 10 of their
Senate and House colleagues in reintroducing legislation that enables survivors
of major natural disasters to receive housing assistance. The Housing Survivors
of Major Disasters Act of 2019 comes after a string of natural disasters that
created housing crises, including Hurricanes Maria and Irma, Hurricane
Florence, the flooding of the Missouri River Basin and the wildfires… Continue Reading
United States Senator Elizabeth Warren
(D-Mass.) submitted questions for the record to federal regulators and law
enforcement officials following their testimony at today's Senate Banking,
Housing, and Urban Affairs Committee hearing,
"Combatting Illicit Financing By Anonymous Shell Companies Through the
Collection of Beneficial Ownership Information." Senator Warren
posed a series of questions to determine whether the regulators believe
Deutsche Bank violated federal laws or regulations… Continue Reading
| Op-Ed
Washington, DC - Today, United States Senator Elizabeth Warren (D-Mass.) and Representative Joe Kennedy III (D-Mass.) will lead their colleagues in the Senate and House in reintroducing their legislation, the Behavioral Health Coverage Transparency Act, to increase oversight and enforcement to ensure that insurance companies cover behavioral health benefits and services on par with physical health benefits and services.
"Patients with behavioral health concerns deserve the same access… Continue Reading
Four words are etched above the doors to the Supreme Court: "Equal Justice Under Law." That simple principle should be the foundation of our criminal justice system. But the hard truth is that America has two separate and very unequal justice systems. The first is a justice system exclusively for the wealthy and the well connected. For decades, Washington has let powerful corporate executives escape accountability, even when they scam millions of Americans or crash the U.S. economy.
Take the 20… Continue Reading
Chase Bank fired off a tweet last week staging a
hypothetical conversation between one of its customers and her bank account.
The customer asks why her account balance is low, and the bank tells her not to
go out for food or coffee when she can make it at home instead, or to spend
money on a cab when she can just walk. The customer pretends not to listen.
"I guess we'll never know," she says, brushing off her low balance
and the bank's "advice" on how to manage her money.… Continue Reading
The Merrimack Valley gas explosions that occurred this past September were among the most horrific disasters Massachusetts has ever seen.
Leonel Rondon, an 18-year-old high school student from Lawrence, tragically lost his life. Dozens of homes and businesses were destroyed, and thousands of people were stuck without heat and water in their homes for months.
We saw firsthand the devastation these gas explosions caused across these communities. These explosions were a terrible tragedy, bu… Continue Reading
