The Republicans in the House and in the Senate tried to bring America to its knees, but succeeded only in damaging their own brand, and the reputation of the country around the world. They also succeeded in harming the herts, minds, and finances of millions of Americans, taking food out of children’s and families’ mouths.
The House and the Senate have just gaveled into session, after prayers from their respective chaplains (image, above). They are reportedly going to vote to end the GOP-led shutdown. President Obama will still have to sign the legislation.
So, thanks to Think Progress, here’s the list of what the House and Senate will be voting on — effectively, the terms of the GOP’s surrender:
- Government funded through January 15 at sequestration levels
- Debt limit extended until February 7
- A budget conference established to come up with long-term spending plans by December 13
- Income verification for recipients of subsidies under Obamacareâ€™s newly-established exchanges
- Backpay for furloughed workers
- A provision that requires a proactive vote toÂ disapproveÂ extending the debt limit, as opposed to having votes to raise it
Here’s what they won’t be voting on, better known as what the GOP lost:
- No repeal of the â€œextraordinary measuresâ€ provision that allows the Treasury to do accounting tricks to avoid default
- No â€˜Vitter Amendmentâ€˜ that would have taken away employer contributions from the health plans of Congressional staff
- No provisions related toÂ birth controlÂ access
- No flexibility in how government agencies make budget cuts to their programs, as they are required to under sequestration
- No repeal or delay of theÂ medical device tax
- No repeal or delay of theÂ reinsurance tax
- No repeal, replacement, or delay of any aspects of Obamacareâ€™s exchanges or individual mandate
So, to sum up: No repeal, defunding, or delaying of Obamacare, no denial of women’s reproductive health services, and the debt ceiling becomes less of a bargaining chip.
And Ted Cruz, Mike Lee, and their radical compatriots have been wildly disgraced. John Boehner’s reputation is shattered — what little there was to begin with.
Will Nancy Pelosi be the Speaker of the House after the 2014 elections?
I’d bet on it — if everyone remembers these past two weeks.
Image: Screenshot via CNN
Thanks toÂ Annie-Rose Strasser at Think Progress for the above lists.
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Comer Announces Public Hearing After Hunter Biden Closed Door Testimony
House Oversight Committee Chairman Jim Comer announced he will hold a public hearing with Hunter Biden after the president’s son testified behind closed doors for most of Wednesday.
“I think this was a great deposition for us, it proved several bits of our evidence, that we’ve been conducting throughout this investigation, but there are also some contradictory statements that I think need further review,” Comer told reporters Wednesday afternoon.
“So this impeachment inquiry will now go to the next phase, which will be a public hearing. And that’s something that I think everyone in the media has been asking a lot of questions about. Something that I know that Mr. Biden and his attorney both demanded, just as I said, when we said we were going to do the deposition first, we will have a public hearing next.”
It’s unclear what other witnesses Chairman Comer and Chairman Jordan will present.
Comer claimed that parts of Hunter Biden’s testimony contradicted some of their previous witness’ testimony, although he refused to elaborate.
Hunter Biden stated in the opening remarks he released publicly Wednesday morning that Chairman Comer and Judiciary Chairman Jim Jordan had built their “entire partisan house of cards on lies told by the likes of Gal Luft, Tony Bobulinski, Alexander Smirnov, and Jason Galanis.”
“Luft, who is a fugitive, has been indicted for his lies and other crimes; Smirnov, who has made you dupes in carrying out a Russian disinformation campaign waged against my father, has been indicted for his lies; Bobulinski, who has been exposed for the many false statements he has made, and Galanis, who is serving 14 years in prison for fraud.”
Politico described Hunter Biden’s opening statement as “blistering.”
“I am here today,” the President’s son began, “to provide the Committees with the one uncontestable fact that should end the false premise of this inquiry: I did not involve my father in my business. Not while I was a practicing lawyer, not in my investments or transactions domestic or international, not as a board member, and not as an artist. Never.”
Watch Comer below or at this link.
Comer announces another impeachment public hearing pic.twitter.com/UjlWAs8zbb
— Aaron Rupar (@atrupar) February 28, 2024
Court Denies Trump Request to Pause $454M Bond Requirement Amid His Cash Liquidity Claim
A New York appeals court has denied Donald Trump’s request to issue a stay on the state Supreme Court’s ruling ordering the ex-president to pay $454 million in the civil business fraud case brought by Attorney General Letitia James. Trump had offered to post a bond of $100 million as he appeals the ruling, as he suggested he did not have sufficient liquid assets – namely, cash – to post the full amount required.
The judge did, however, pause a portion of the ruling barring Trump from operating a business in New York, and also paused the portion of the ruling barring him from obtaining a loan from a bank registered in the State of New York.
“It’s a mixed bag for Trump, and the former president GAINS some ability, in an interim ruling, to continue his business activities and loan-seeking. But the most crucial request, a stay of enforcement of the $450M+ judgment, has been rejected,” reports Just Security’s Adam Klasfeld.
Unless he can obtain a loan or other financing, Trump, as he admitted in his legal filing, may have to sell some of his assets, likely real estate, to come up with enough cash to satisfy the judgment.
The court “also denied Trump’s request to delay his obligation to post $454 million until his appeal of the civil fraud verdict is over,” CNN adds.
Trump Swore Under Oath He Had $400 Million in Cash – Now He’s Telling a Court a Different Story
Attorneys for Donald Trump are arguing the ex-president and self-professed billionaire should not have to post a bond of $454 million as he appeals the New York State Supreme Court’s ruling holding him liable for civil business fraud. Instead, Trump is offering a bond of $100 million.
But as legal experts are pointing out, under oath, Trump stated he had $400 million in liquid assets. And his attorney, Alina Habba, when asked last week if he could come up with $350 million, said on-camera, “Yes, I mean, he does, of course he has money, you know, he’s a billionaire. We know that.”
Question: Judge Engoron says that he wants this $350 million within 30 days. Does Donald Trump have that kind of money sitting around?
Habba: I mean, he does. Of course he has money. You know, he’s a billionaire. Um, we know that pic.twitter.com/O6HRd4lBXi
— Acyn (@Acyn) February 20, 2024
“Trump says he doesn’t have the cash that both he and Habba told everyone he had, and that ‘properties would have to be sold’ to come up with the money,” Filipkowski adds.
He sums up the situation: “Trump under oath in his deposition: I’m worth at least $10 billion, I have over $3 billion in tangible assets, I have $400 million in cash. Trump to appellate court: I can come up with $100 million and I need more time to sell stuff to come up with the rest.”
Indeed, The New York Times reported earlier this month, “Mr. Trump claimed under oath last year that he was sitting on more than $400 million in cash.”
New York Attorney General Letitia James was quick to urge the court to deny Trump’s offer of $100 million, or, as Just Security’s Adam Klasfeld reports, “to deny Trump’s application to pause enforcement of the judgment pending appeal, including the disgorgement, monitoring, and loan prohibition.”
“Defendants all but concede that Mr. Trump has insufficient liquid assets to satisfy the judgment amount; defendants would need ‘to raise capital’ to do so,” James writes, as Klasfeld notes.
Klasfeld points to this section of Trump’s motion that reads: “In the absence of a stay on the terms herein outlined, properties would likely need to be sold to raise capital under exigent circumstances, and there would be no way to recover any property sold following a successful appeal and no means to recover the resulting financial losses from the Attorney General.”
In other words, Trump’s attorneys are saying he would have to sell assets, or properties, at less than market value, and should he win his appeal, he would have no means to be compensated for the difference in value.
“Trump has less than 30 days to post the money to prevent the New York attorney general’s office from taking steps to execute the judgment, including potentially move to seize properties,” CNN adds. “It is not yet clear how he plans to cover the payment.”
Watch the video above or at this link.
Image via Shutterstock
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