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In today's Tangle, we're taking a break from our usual format to take a look at some of the elections happening today. We're also answering a reader question and we have your usual quick hits, a story that matters, and have a nice day sections.
Our newsletter is written by Isaac Saul, edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle’s social media manager Magdalena Bokowa, who also created our logo.
The podcast is edited by Trevor Eichhorn, and music for the podcast was produced by Diet 75.
You can support our podcast by clicking here.
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On Thursday, the president announced a new framework for Democrats' reconciliation bill, also known as his Build Back Better plan, that he said would garner the support of moderates in the Senate and progressives in the House. The legislative text is still being negotiated, but the framework wasn't rejected out of hand by any members of the Democratic party — which is a sign of progress after many months of negotiations. Democrats need every member of their party to support the bill in the Senate, and can only lose three votes in the House. They are attempting to pass the bill in tandem with a $1 trillion infrastructure bill that has already been passed in the Senate but still needs to pass the House of Representatives.
The plan's top line number is $1.75 trillion, down from the $3.5 trillion initially proposed by the Biden administration.
Our newsletter is written by Isaac Saul, edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle’s social media manager Magdalena Bokowa, who also created our logo.
The podcast is edited by Trevor Eichhorn, and music for the podcast was produced by Diet 75.
You can support our podcast by clicking here.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/tanglenews/messageHosted on Acast. See acast.com/privacy for more information.
Earlier this week, Democrats released a new proposal that they said will help them pay for their infrastructure and reconciliation bills: A billionaire income tax (BIT). The legislation was drafted by Senate Finance Committee Chairman Ron Wyden (D-OR), who said the new bill would impact about 700 billionaires who earn "over $100 million in annual income for three consecutive years or who have more than $1 billion in assets," according to CNBC. Wyden says the changes would raise hundreds of billions of dollars in new revenue.
Our newsletter is written by Isaac Saul, edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle’s social media manager Magdalena Bokowa, who also created our logo.
The podcast is edited by Trevor Eichhorn, and music for the podcast was produced by Diet 75.
You can support our podcast by clicking here.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/tanglenews/messageHosted on Acast. See acast.com/privacy for more information.
Virginia is considered a bellwether state, one that has been reliably blue in presidential elections over the last few cycles but can still tell us a lot about the mood of the country. Because its governor's races are in off-years, it is often the only major state race before the midterms and can shed light on how voters nationally might be feeling. This week, the latest polls show Democrat Terry McAuliffe and Republican Glenn Youngkin are in a dead heat at about 45% each, with around 5% of voters still undecided (the election is Tuesday, November 2).
Our newsletter is written by Isaac Saul, edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle’s social media manager Magdalena Bokowa, who also created our logo.
The podcast is edited by Trevor Eichhorn, and music for the podcast was produced by Diet 75.
You can support our podcast by clicking here.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/tanglenews/messageHosted on Acast. See acast.com/privacy for more information.
On Thursday, the U.S. House of Representatives voted to hold Steve Bannon, the former Trump advisor, in criminal contempt of Congress for refusing to comply with a subpoena. Bannon was one of four former Trump officials subpoenaed by the January 6 committee in Congress investigating the riots at the Capitol. Members of the committee believe Bannon has crucial information about plans to obstruct the electoral college ratification of the vote on the same day a Trump rally in Washington D.C. ended with hundreds of rioters storming the Capitol building.
Our newsletter is written by Isaac Saul, edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle’s social media manager Magdalena Bokowa, who also created our logo.
The podcast is edited by Trevor Eichhorn, and music for the podcast was produced by Diet 75.
You can support our podcast by clicking here.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/tanglenews/messageHosted on Acast. See acast.com/privacy for more information.
Hey everyone! The pod is taking a few days off. We'll be back on Tuesday, October 26th!
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Over the weekend, 136 nations officially agreed to enforce a corporate tax rate of at least 15 percent, and also pledged to institute better systems of taxing profits fairly, where they are earned. The agreement, announced by the Organization for Economic Cooperation and Development (OECD), included countries like Ireland that once opposed the deal but now support it. The overarching goal is to address multinational companies that have made a habit out of rerouting their profits through low tax rate countries. The OECD has been leading talks on a plan to institute a minimum rate for a decade.
Our newsletter is written by Isaac Saul, edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle’s social media manager Magdalena Bokowa, who also created our logo.
The podcast is edited by Trevor Eichhorn, and music for the podcast was produced by Diet 75.
You can support our podcast by clicking here.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/tanglenews/messageHosted on Acast. See acast.com/privacy for more information.
In the last two weeks, China has conducted several consecutive days of military exercises over Taiwan, sending a record number of fighter jets into Taiwan's airspace. This included a four-day period when it flew 150 military planes through Taiwan's airspace, which left the Taiwanese air force scrambling to respond. Taiwan's foreign defense minister Joseph Wu said "we are very concerned China is going to launch a war."
In today's episode, we explore what's going on and what the U.S. role should be.
Our newsletter is written by Isaac Saul, edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle’s social media manager Magdalena Bokowa, who also created our logo.
The podcast is edited by Trevor Eichhorn, and music for the podcast was produced by Diet 75.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/tanglenews/messageHosted on Acast. See acast.com/privacy for more information.
Last week, Attorney General Merrick Garland said he would be deploying federal officials across the country to address instances where parents have threatened or harassed educators over issues like mask mandates, critical race theory education and other hot-button topics that are dominating classrooms and school board meetings. The move comes after the National School Boards Association (NSBA), a group representing school board members across the United States, sent a plea to Garland for help, citing a spike in threats and acts of violence against members of school boards. What does this promise mean?
Today, we'll take a look at some reactions from the left and right, then my take.
Our newsletter is written by Isaac Saul, edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle’s social media manager Magdalena Bokowa, who also created our logo.
The podcast is edited by Trevor Eichhorn, and music for the podcast was produced by Diet 75.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/tanglenews/messageHosted on Acast. See acast.com/privacy for more information.
Did Mitch McConnell cave? He has said he would not support raising the borrowing limit because it would allow Biden to push through another $5 trillion of spending, something Republicans don't want. Then he instructed Republicans to sink a government spending bill that suspended the debt limit, forcing Democrats to remove the debt limit language from the legislation in order to keep the government open. Earlier this week, Senate Democrats and President Biden began openly floating the idea of abolishing the filibuster altogether to raise the debt ceiling.
Then he proposed a deal: He would agree to rule changes that would allow Democrats to either fast-track the suspension of the debt limit using a budget reconciliation process or raise the limit to a specified figure through December, giving them more time to figure it out later and ensuring the process doesn't get caught up in other partisan wrangling (it'd also take the pressure off Democrats now, as they figure out how to pass the bipartisan infrastructure bill and the $3.5 trillion reconciliation deal).
Our newsletter is written by Isaac Saul, edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle’s social media manager Magdalena Bokowa, who also created our logo.
The podcast is edited by Trevor Eichhorn, and music for the podcast was produced by Diet 75.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/tanglenews/messageHosted on Acast. See acast.com/privacy for more information.
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