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marciodpaulla-blog · 8 months
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Understanding the Tax Relief for Workers and Families Act: What It Means for Us
Exciting updates in U.S. tax policy are unfolding! Stay tuned for insights on the Tax Relief for Workers and Families Act and its impact on businesses and families. #TaxPolicy2024 #BusinessInsights #FamilyFinance
January 24, 2024 Hey everyone, let’s talk about something that’s been making waves in the world of taxes – the Tax Relief for Workers and Families Act. Recently pushed forward by the House Ways and Means Committee, this bill is shaking things up as we get ready for tax season. It’s a big deal because it’s bringing back some much-missed tax breaks, like a beefed-up Child Tax Credit, new…
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macmanx · 1 year
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We consistently heard that private market rents have so outstripped incomes that families are increasingly struggling to find any kind of shelter, let alone stable and safe units.
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moleshow · 1 year
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oh catherine you don’t know how bad it can get
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leasingmylifeaway · 10 months
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A black woman famous for her paranoia came in today and told me she didn’t want to speak with the assistant manager because she “don’t think a white woman could help” with her concern. She just wanted to know if the external hose spout in her building was charging her for water. *sigh*
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batboyblog · 8 months
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Things Biden and the Democrats did, this week.
January 19-26 2024
The Energy Department announced its pausing all new liquefied natural gas export facilities. This puts a pause on export terminal in Louisiana which would have been the nation's largest to date. The Department will use the pause to study the climate impact of LNG exports. Environmentalists cheer this as a major win they have long pushed for.
The Transportation Department announced 5 billion dollars for new infrastructure projects. The big ticket item is 1 billion dollars to replace the 60 year old Blatnik Bridge between Superior, Wisconsin, and Duluth, Minnesota which has been dangerous failing since 2017. Other projects include $600 million to replace the 1-5 bridge between Vancouver, Washington, and Portland, Oregon, $427 million for the first offshore wind terminal on the West Coast, $372 million to replace the 90 year old Sagamore Bridge that connects Cape Cod to the mainland,$300 million for the Port of New Orleans, and $142 million to fix the I-376 corridor in Pittsburgh.
the White House Task Force on Reproductive Healthcare Access announced new guidance that requires insurance companies must cover contraceptive medications under the Affordable Care Act. The Biden Administration also took actions to make sure contraceptive medications would be covered under Medicare, Medicaid, CHIP, and Federal Employee Health Benefits Program. HHS has launched a program to educate all patients about their rights to emergency abortion medical care under the Emergency Medical Treatment and Labor Act. This week marks 1 year since President Biden signed a Presidential Memorandum seeking to protect medication abortion and all federal agencies have reported on progress implementing it.
A deal between Democrats and Republicans to restore the expand the Child Tax Credit cleared its first step in Congress by being voted out of the House Ways and Means Committee. The Child Tax Credit would affect 16 million kids in the first year and lift 400,000 out of poverty. The Deal also includes an expansion of the Low-Income Housing Tax Credit which will lead to 200,000 new low income rental units being built, and also tax relief to people affected by natural disasters
The Senate Foreign Relations Committee voted for a bill to allow President Biden to seize $5 billion in Russian central bank assets. Biden froze the assets at the beginning of Russia's war against Ukraine, but under this new bill could distribute these funds to Ukraine, Republican Rand Paul was the only vote against.
The Senate passed the "Train More Nurses Act" seeking to address the critical national shortage of nurses. It aims to increase pathways for LPNs to become RNs as well as a review of all nursing programs nationally to see where improvements can be made
3 more Biden Judges were confirmed, bring the total number of Judges appointed by President Biden to 171. For the first time in history the majority of federal judge nominees have not been white men. Biden has also appointed Public Defenders and civil rights attorneys breaking the model of corporate lawyers usually appointed to life time federal judgeships
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simply-ivanka · 1 month
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How the Biden-Harris Economy Left Most Americans Behind
A government spending boom fueled inflation that has crushed real average incomes.
By The Editorial Board -- Wall Street Journal
Kamala Harris plans to roll out her economic priorities in a speech on Friday, though leaks to the press say not to expect much different than the last four years. That’s bad news because the Biden-Harris economic record has left most Americans worse off than they were four years ago. The evidence is indisputable.
President Biden claims that he inherited the worst economy since the Great Depression, but this isn’t close to true. The economy in January 2021 was fast recovering from the pandemic as vaccines rolled out and state lockdowns eased. GDP grew 34.8% in the third quarter of 2020, 4.2% in the fourth, and 5.2% in the first quarter of 2021. By the end of that first quarter, real GDP had returned to its pre-pandemic high. All Mr. Biden had to do was let the recovery unfold.
Instead, Democrats in March 2021 used Covid relief as a pretext to pass $1.9 trillion in new spending. This was more than double Barack Obama’s 2009 spending bonanza. State and local governments were the biggest beneficiaries, receiving $350 billion in direct aid, $122 billion for K-12 schools and $30 billion for mass transit. Insolvent union pension funds received a $86 billion rescue.
The rest was mostly transfer payments to individuals, including a five-month extension of enhanced unemployment benefits, a $3,600 fully refundable child tax credit, $1,400 stimulus payments per person, sweetened Affordable Care Act subsidies, an increased earned income tax credit including for folks who didn’t work, housing subsidies and so much more.
The handouts discouraged the unemployed from returning to work and fueled consumer spending, which was already primed to surge owing to pent-up savings from the Covid lockdowns and spending under Donald Trump. By mid-2021, Americans had $2.3 trillion in “excess savings” relative to pre-pandemic levels—equivalent to roughly 12.5% of disposable income.
So much money chasing too few goods fueled inflation, which was supercharged by the Federal Reserve’s accommodative policy. Historically low mortgage rates drove up housing prices. The White House blamed “corporate greed” for inflation that peaked at 9.1% in June 2022, even as the spending party in Washington continued.
In November 2021, Congress passed a $1 trillion bill full of green pork and more money for states. Then came the $280 billion Chips Act and Mr. Biden’s Green New Deal—aka the Inflation Reduction Act—which Goldman Sachs estimates will cost $1.2 trillion over a decade. Such heaps of government spending have distorted private investment.
While investment in new factories has grown, spending on research and development and new equipment has slowed. Overall private fixed investment has grown at roughly half the rate under Mr. Biden as it did under Mr. Trump. Manufacturing output remains lower than before the pandemic.
Magnifying market misallocations, the Administration conditioned subsidies on businesses advancing its priorities such as paying union-level wages and providing child care to workers. It also boosted food stamps, expanded eligibility for ObamaCare subsidies and waved away hundreds of billions of dollars in student debt. The result: $5.8 trillion in deficits during Mr. Biden’s first three years—about twice as much as during Donald Trump’s—and the highest inflation in four decades.
Prices have increased by nearly 20% since January 2021, compared to 7.8% during the Trump Presidency. Inflation-adjusted average weekly earnings are down 3.9% since Mr. Biden entered office, compared to an increase of 2.6% during Mr. Trump’s first three years. (Real wages increased much more in 2020, but partly owing to statistical artifacts.)
Higher interest rates are finally bringing inflation under control, which is allowing real wages to rise again. But the Federal Reserve had to raise rates higher than it otherwise would have to offset the monetary and fiscal gusher. The higher rates have pushed up mortgage costs for new home buyers.
Three years of inflation and higher interest rates are stretching American pocketbooks, especially for lower income workers. Seriously delinquent auto loans and credit cards are higher than any time since the immediate aftermath of the 2008-09 recession.
Ms. Harris boasts that the economy has added nearly 16 million jobs during the Biden Presidency—compared to about 6.4 million during Mr. Trump’s first three years. But most of these “new” jobs are backfilling losses from the pandemic lockdowns. The U.S. has fewer jobs than it was on track to add before the pandemic.
What’s more, all the Biden-Harris spending has yielded little economic bang for the taxpayer buck. Washington has borrowed more than $400,000 for every additional job added under Mr. Biden compared to Mr. Trump’s first three years. Most new jobs are concentrated in government, healthcare and social assistance—60% of new jobs in the last year.
Administrative agencies are also creating uncertainty by blitzing businesses with costly regulations—for instance, expanding overtime pay, restricting independent contractors, setting stricter emissions limits on power plants and factories, micro-managing broadband buildout and requiring CO2 emissions calculations in environmental reviews.
The economy is still expanding, but business investment has slowed. And although the affluent are doing relatively well because of buoyant asset prices, surveys show that most Americans feel financially insecure. Thus another political paradox of the Biden-Harris years: Socioeconomic disparities have increased.
Ms. Harris is promising the same economic policies with a shinier countenance. Don’t expect better results.
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reasonsforhope · 5 months
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"In cities across the country, people of color, many of them low income, live in neighborhoods criss-crossed by major thoroughfares and highways.
The housing there is often cheaper — it’s not considered particularly desirable to wake up amid traffic fumes and fall asleep to the rumble of vehicles over asphalt.
But the price of living there is steep: Exhaust from all those cars and trucks leads to higher rates of childhood asthma, cancer, cardiovascular disease, and pulmonary ailments. Many people die younger than they otherwise would have, and the medical costs and time lost to illness contributes to their poverty.
Imagine if none of those cars and trucks emitted any fumes at all, running instead on an electric charge. That would make a staggering difference in the trajectory, quality, and length of millions of lives, particularly those of young people growing up near freeways and other sources of air pollution, according to a study from the American Lung Association.
The study, released [February 28, 2024], found that a widespread transition to EVs could avoid nearly 3 million asthma attacks and hundreds of infant deaths, in addition to millions of lower and upper respiratory ailments...
Prior research by the American Lung Association found that 120 million people in the U.S. breathe unhealthy air daily, and 72 million live near a major trucking route — though, Barret added, there’s no safe threshold for air pollution. It affects everyone.
Bipartisan efforts to strengthen clean air standards have already made a difference across the country. In California, which, under the Clean Air Act, can set state rules stronger than national standards, 100 percent of new cars sold there must be zero emission by 2035.
[Note: The article doesn't explain this, but that is actually a much bigger deal than just California. Basically, due to historically extra terrible pollution, California is the only state that's allowed to allowed to set stronger emissions rules than the US government sets. However, one of the rules in the Clean Air Act is that any other state can choose to follow California's standards instead of the US government's. And California by itself is the world's fifth largest economy - ahead of all but four countries. California has a lot of buying power. So, between those two things, when California sets stricter standards for cars, the effects ripple outward massively, far beyond the state's borders.]
Truck manufacturers are, according to the state’s Air Resources Board, already exceeding anticipated zero-emissions truck sales, putting them two years ahead of schedule...
Other states have begun to take action, too, often reaching across partisan lines to do so. Maryland, Colorado, New Mexico, and Rhode Island adopted zero-emissions standards as of the end of 2023.
The Biden administration is taking similar steps, though it has slowed its progress after automakers and United Auto Workers pressured the administration to relax some of its more stringent EV transition requirements.
While Barret finds efforts to support the electrification of passenger vehicles exciting, he said the greatest culprits are diesel trucks. “These are 5 to 10 percent of the vehicles on the road, but they’re generating the majority of smog-forming emissions of ozone and nitrogen,” Barret said...
Lately, there’s been significant progress on truck decarbonization. The Biden administration has made promises to ensure that 30 percent of all big rigs sold are electric by 2030...
Such measures, combined with an increase in public EV charging stations, vehicle tax credits, and other incentives, could change American highways, not to mention health, for good."
-via GoodGoodGood, February 28, 2024
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razorroymatthews · 6 days
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Kamala Harris vs. Donald Trump
Tax plan Trump and Harris have competing tax plans. Both nominees' plans would have to be passed by Congress, which has the power of the purse. Here's what Harris has proposed so far:
Harris says she'd provide bigger tax benefits for families but would offset the costs by raising corporate taxes, while Trump has said he'd extend the tax cuts enacted in 2017.
Under Harris' tax plan, according to an analysis by the Penn Wharton Budget Model, 95% of Americans would see lower taxes, and higher earners would pay more taxes. The top 0.1% — whose annual average income exceeds $14 million — would pay about $167,000 more in taxes.
Harris wants to eliminate federal taxes on tips, which Trump first proposed.
She also says she wants to provide a financial cushion for small businesses with a tenfold increase in the startup expense deduction — lifting it from $5,000 to $50,000. New businesses wouldn't need to claim the deduction in their first year, when many take losses and would not be able to use it. Instead, they'd be able to wait until they're profitable and use the deduction at that time. Businesses would also be able to take part of the deduction in one year and save the rest for future years.
Child tax credit
After Trump's running mate JD Vance pitched boosting the child tax credit to $5,000, up from the current top tax break of $2,000, Harris one-upped Vance's number, suggesting a child tax credit of $6,000, although this would be for the parents of newborns.
Harris also suggests a return to the pandemic-era expansion of the child tax credit, up to $3,600 for young children. She hasn't released income eligibility thresholds, but it's likely that it would phase out for those at higher income levels.
Earlier this year, Senate Republicans blocked legislation that would have increased the child tax credit.
Housing shortage Harris says she'd address the nation's housing shortage with several initiatives. She promises to build 3 million affordable new homes and rentals by the end of her first term, offering tax breaks to builders who construct homes for first-time home buyers. She's also proposing a $40 billion fund to help local governments find solutions to the low housing stock.
And she wants to provide Americans who have paid their rent on time for two years with up to $25,000 in down-payment assistance, with more support for first-generation homeowners.
Inflation
Inflation has cooled nearly to pre-pandemic levels — it's now at 2.9% — but prices have risen nearly 21% since the beginning of the pandemic. A recent survey found two-thirds of middle-income families said they're falling behind their cost of living
Harris is trying to address the effects of inflation on lower- and middle-class Americans, an approach used by the Biden administration. She blames price gouging by food suppliers and grocery chains for high prices at the store and pledges to take on corporations with the first federal law against price gouging. Economists have expressed doubts about the efficacy of such a law because they say that the reasons for food inflation are complex.
She also wants to lower prescription drug costs, which has been a focus for the Biden administration. Last month, the White House announced Medicare reached agreements with drug manufacturers for lower prices for 10 drugs that treat a range of ailments, from heart failure and blood clots to diabetes, resulting in savings for patients of 38% to 79%, according to the Centers for Medicare and Medicaid Services. It was Harris who cast the tie-breaking vote for the Inflation Reduction Act, which granted Medicare the drug negotiating authority.
Immigration
Harris has not yet issued an immigration policy platform. At campaign events, Harris has mostly brought up the bipartisan border security deal that collapsed in Congress earlier this year after Trump urged GOP lawmakers to reject it. Harris has promised to revive the bill and accused Trump of scuttling it for political reasons.
The legislation would have enacted permanent restrictions on asylum, given the president the power to quickly deport migrants when border crossings soar and boosted the ranks of border agents, deportation officers, immigration judges and asylum adjudicators. It would also have expanded legal immigration, allocating 50,000 new immigrant visas annually for five years.
While the bipartisan border deal did not include a legalization program for undocumented immigrants — a longtime Democratic priority in immigration negotiations — Harris has expressed support for an "earned" path to citizenship for this population on the campaign trail.
Julie Chavez Rodriguez, Harris' campaign manager, signaled to CBS News that Harris would likely continue a June order by Mr. Biden that has severely curtailed access to the U.S. asylum system. It's a move officials credit for a four-year-low in illegal border crossings.
Harris' campaign has tried to distance her from the more liberal immigration positions she espoused when she was a presidential candidate in 2020. Those prior positions included an openness to decriminalizing the act of crossing the border without authorization and overhauling Immigration and Customs Enforcement (ICE).
Abortion Harris and Trump have opposing views on abortion access, an issue that could be a crucial motivator for voters in November.
Both Trump and Harris have highlighted the Supreme Court's reversal of Roe v. Wade in June 2022, and the role that the three justices appointed by Trump played in that landmark decision, albeit for different reasons: Trump has touted his nomination of three of the five justices who voted to overturn Roe, while Harris has criticized her opponent for specifically selecting justices who would dismantle the constitutional right to abortion. Since the high court's decision in Dobbs v. Jackson Women's Health Organization, nearly one-third of states have near-total bans on the procedure in place, while access to abortion is severely restricted in a handful of others.
Harris has made abortion rights a focal point of her campaign and lambasted "Trump abortion bans" on the trail.
In her speech at the Democratic National Convention accepting the party's presidential nominee, the vice president pledged to sign into law legislation that restores the federal right to abortion — if such a bill is passed by Congress.
IVF Access to in vitro fertilization services became a campaign issue after the Alabama Supreme Court ruled in February that frozen embryos created during the IVF process could be considered children. The decision threatened the availability of IVF services in Alabama and thrust access to fertility treatments into the national conversation, including among the presidential candidates.
Harris has repeatedly said she supports the right of women to make their own decisions about their bodies and family-planning, and told the crowd at the DNC that since Roe's reversal, she has heard stories of couples who have had their IVF treatments cut off.
The vice president said in a video shared to social media that Trump "is literally the architect of this entire crisis," and said the Alabama ruling is a "direct result" of the Supreme Court's decision overturning Roe.
Climate Harris has not outlined her climate policy yet, but she is expected to continue to pursue the goals of the 2022 Inflation Reduction Act, which funded energy and climate projects aimed at reducing carbon emissions by 40% by 2030.
As vice president, Harris advocates moving the country toward a "clean energy economy" while not completely backing away from oil and gas, which is a major industry in battleground states like Pennsylvania. The Keystone State is one of the top natural gas producers in the country.
In an interview with CNN, Harris said that as president, she wouldn't ban fracking — a technique for extracting natural gas from shale — a departure from a statement she made in 2019 that she'd support a fracking ban. Citing the creation of 300,000 clean energy jobs during the Biden administration, she told CNN that her experience as vice president shows "we can increase a thriving clean energy economy without banning fracking."
A Harris campaign spokesperson said 300,000 clean energy jobs were created under the Biden-Harris administration in both 2021 and 2022.
The Democratic Party platform says it will increase protections against drilling and mining in the Arctic, although U.S. oil production has hit record highs during Mr. Biden's presidency. Mr. Biden approved almost 50% more gas and oil leases during his time in office than Trump did during his first three years in office.
Trump has vowed to undo what he calls Biden's "electric vehicle mandate" on Day One in office. A spokesperson for Harris' campaign told Axios Harris doesn't support an electric vehicle mandate. The Biden administration has not issued a mandate, but it has introduced incentives to encourage Americans to buy EVs and set a target that half of all new vehicle sales be zero emissions by 2030.
Guns
President Biden in 2022 signed the most significant update to gun safety law in almost three decades in the wake of mass shootings in Uvalde, Texas, and New York. The Bipartisan Safer Communities Act augmented background checks for gun buyers under 21, provided billions for mental health services and closed the so-called "boyfriend loophole" to prevent convicted domestic abusers from purchasing a firearm for five years. It also clarified the definition of gun dealers — 26 GOP-led states are suing to block this provision. The measure also creates penalties for straw purchases and gun trafficking. In 2023, Mr. Biden announced the creation of the White House Office of Gun Violence Prevention, to be overseen by Harris.
Before she became the nominee, Harris visited Marjory Stoneman Douglas High School in Parkland, Florida, the site of the 2018 mass shooting that left 17 dead, where she called on states to pass "red flag" laws, which allow courts to seize guns from those deemed to be a threat to themselves or others. Twenty-one states have enacted red flag laws, but many do not enforce them. She also announced federal funding and resources aimed at providing training and technical assistance to help states with their red flag programs. In 2024, the Justice Department announced the creation of the National Extreme Risk Protection Order Resource Center, dedicated to training and technical assistance to support states and localities in implementing their red flag programs.
At her speech at the Democratic National Convention, Harris only made passing reference to gun violence. "In this election, many other fundamental freedoms are at stake," she said. "The freedom to live safe from gun violence in our schools, communities and places of worship."
Education
As a senator, Harris backed a bill that would have provided tuition-free college for most families.
The Democratic Party's platform also calls for free college tuition for all. This is not an idea Harris has been discussing on the campaign trail.
Israel and Gaza Both Harris and Trump have, at times, been critical of Israel's handling of its war against Hamas in Gaza. But neither has threatened to pull support for the ally.
Harris has called the bloodshed in Gaza "devastating," but vowed there would be no change in policy toward Israel.
She has pushed for a cease-fire deal that would release the remaining hostages held by Hamas.
She backs a two-state solution.
Ukraine and Russia
Harris pledged in her DNC address that she "will stand strong with Ukraine and our NATO allies."
Harris accused Russia of committing "crimes against humanity" in Ukraine a year after the war began.
The Biden administration has spearheaded a number of aid packages for Ukraine, including weapons, and worked with allies to sanction Russia for its invasion. Still, the administration's response — especially early on in the war — has been criticized as slow-moving, and more recently, Republican opposition in Congress further slowed aid to Ukraine.
China Harris has offered few details about how her China policy would differ from Mr. Biden's. In her Democratic National Convention speech, Harris said "America — not China — wins the competition for the 21st century."
She told "Face the Nation" in September 2023 that the U.S.-China economic relationship is "not about decoupling, it is about de-risking."
Harris briefly met Chinese President Xi Jinping in 2022 in Bangkok amid friction between the two countries. The vice president said she stressed the need to "maintain open lines of communication to responsibly manage the competition between our countries."
She has condemned China's aggression in the South China Sea, accusing it of "undermining key elements of the international rules-based order" and coercing and intimidating its neighbors.
Harris has also reaffirmed U.S. support for Taiwan.
In the Senate, Harris cosponsored the Hong Kong Human Rights and Democracy Act and the Uyghur Human Rights Policy Act. Trump signed both into law.
Iran nuclear deal It's unclear whether Harris would seek to renegotiate a new nuclear deal with Iran if she wins the election. During the 2020 campaign, Harris, who was running in a crowded Democratic presidential primary, told the Council on Foreign Relations that she would seek to rejoin the Iran nuclear agreement, "so long as Iran also returned to verifiable compliance."
The Harris campaign has a lot to comb through for her vision for America over the next 4 years!
Meanwhile, Donald J. Trump can ace a tremendously hard cognitive test and cheat like no one has ever seen before at golf.
He has also been known to throw temper tantrums that rival a three year old that can result in ketchup bottles being thrown at walls. Trump loves McDonald's, sex with women other than Mrs. Trump. Believes in conspiracy theories. Enjoys wearing extremely tight polo shirts that show off his tremendously large man boobs.
Trump lost all four hundred million of his trust fund from his daddy and will lose all of your money to lawyer fees if you simply make a donation to his fake "Save America" scam.
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mariacallous · 1 month
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Project 2025 outlines a radical policy agenda that would dramatically reshape the federal government. The report was spearheaded by the right-wing Heritage Foundation and represents the policy aims of a large coalition of conservative activists. While former President Trump has attempted to distance himself from Project 2025, many of the report’s authors worked in the previous Trump administration and could return for a second round. Trump, himself, said in 2022, “This is a great group, and they’re going to lay the groundwork and detail plans for exactly what our movement will do.”
In other words, Project 2025 warrants a close look, even if the Trump campaign would like Americans to avert their gaze.
Project 2025’s education agenda proposes a drastic overhaul of federal education policy, from early childhood through higher education. Here’s just a sample of the Project 2025 education-related recommendations:
Dismantle the U.S. Department of Education (ED)
Eliminate the Head Start program for young children in poverty
Discontinue the Title I program that provides federal funding to schools serving low-income children
Rescind federal civil rights protections for LGBTQ+ students
Undercut federal capacity to enforce civil rights law
Reduce federal funding for students with disabilities and remove guardrails designed to ensure these children are adequately served by schools
Promote universal private school choice
Privatize the federal student loan portfolio
It’s an outrageous list, and that’s just the start of it.
We’ve reviewed the Project 2025 chapter on education (Chapter 11), along with other chapters with implications for students. We’ve come away with four main observations:
1. Most of the major policy proposals in Project 2025 would require an unlikely amount of congressional cooperation
Project 2025 is presented as a to-do list for an incoming Trump administration. However, most of its big-ticket education items would require a great deal of cooperation from Congress.
Proposals to create controversial, new laws or programs would require majority support in the House and, very likely, a filibuster-proof, 60-vote majority in the Senate. Ideas like a Parents’ Bill of Rights, the Department of Education Reorganization Act, and a federal tax-credit scholarship program fall into this category. Even if Republicans outperform expectations in this fall’s Senate races, they’d have to attract several Democratic votes to get to 60. That’s not happening for these types of proposals.  
The same goes for major changes to existing legislation. This includes, for example, a proposal to convert funding associated with the Individuals with Disabilities Education Act (IDEA) to no-strings-attached block grants and education savings accounts (with, presumably, much less accountability for spending those funds appropriately). It also includes a proposal to end the “negotiated rulemaking” (“neg-reg”) process that ED follows when developing regulations related to programs authorized under Title IV of the Higher Education Act (HEA). The neg-reg requirement is written into HEA itself, which means that unwinding neg-reg would require Congress to amend the HEA. That’s unlikely given that HEA reauthorization is already more than a decade overdue—and that’s without the political baggage of Project 2025 weighing down the process.
The prospect of changing funding levels for existing programs is a little more complicated. Programs like Title I are permanently authorized. Eliminating Title I or changing the formulas it uses to allocate funds to local educational agencies would require new and unlikely legislation. Year-to-year funding levels can and do change, but the vast majority of ED’s budget consists of discretionary funding that’s provided through the regular, annual appropriations process and subject to a filibuster. This limits the ability of one party to make major, unilateral changes. (ED’s mandatory funding is more vulnerable.)
In sum, one limiting factor on what an incoming Trump administration could realistically enact from Project 2025 is that many of these proposals are too unpopular with Democrats to overcome their legislative hurdles.
2. Some Project 2025 proposals would disproportionately harm conservative, rural areas and likely encounter Republican opposition
Another limiting factor is that some of Project 2025’s most substantive proposals probably wouldn’t be all that popular with Republicans either.
Let’s take, for example, the proposed sunsetting of the Title I program. Project 2025 proposes to phase out federal spending on Title I over a 10-year period, with states left to decide whether and how to continue that funding. It justifies this with misleading suggestions that persistent test score gaps between wealthy and poor students indicate that investments like Title I funding aren’t paying off. (In fact, evidence from school finance reforms suggests real benefits from education spending, especially for students from low-income families.)
The phrase “Title I schools” might conjure up images of under-resourced schools in urban areas that predominantly serve students of color, and it’s true that these schools are major beneficiaries of Title I. However, many types of schools, across many types of communities, receive critical support through Title I. In fact, schools in Republican-leaning areas could be hit the hardest by major cuts or changes to Title I. In the map below, we show the share of total per-pupil funding coming from Title I by state. Note that many of the states that rely the most on Title I funds (darkest blue) are politically conservative.
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Of course, the impact of shifting from federal to state control of Title I would depend on how states choose to handle their newfound decision-making power. Given that several red states are among the lowest spenders on education—and have skimped on programs like Summer EBT and Medicaid expansion—it’s hard to believe that low-income students in red states would benefit from a shift to state control.
What does that mean for the type of support that Project 2025 proposals might get from red-state Republicans in Congress? It’s hard to know. It’s worth keeping in mind, though, that the GOP’s push for universal private school voucher programs has encountered some of its fiercest resistance from rural Republicans across several states.
3. Project 2025 also has significant proposals that a second Trump administration could enact unilaterally
While a second Trump administration couldn’t enact everything outlined in Project 2025 even if it wanted to, several consequential proposals wouldn’t require cooperation from Congress. This includes some actions that ED took during the first Trump administration and certainly could take again.
Here are a few of the Project 2025 proposals that the Trump administration could enact with the authority of the executive branch alone:
Roll back civil rights protections for LGBTQ+ students
Roll back Title IX protections against sex-based discrimination
Dismantle the federal civil rights enforcement apparatus
Eliminate current income-driven repayment plans and require higher monthly payments for low-income borrowers
Remove protections from predatory colleges that leave students with excessive debt
Federal education policy has suffered from regulatory whiplash over the last decade, with presidential administrations launching counter-regulations to undo the executive actions of the prior administration. Take, for example, “gainful employment” regulations that Democratic administrations have used to limit eligibility for federal financial aid for colleges that leave students with excessive loan debt. A second Trump administration would likely seek to reverse the Biden administration’s “gainful employment” regulations like the first Trump administration did to the Obama administration’s rules. (Then again, with the Supreme Court striking down Chevron, which provided deference to agency expertise in setting regulations, the Trump administration might not even need to formally undo regulations.)
Other Project 2025 proposals, not explicitly about education, also could wreak havoc. This includes a major overhaul of the federal civil service. Specifically, Project 2025 seeks to reinstate Schedule F, an executive order that Trump signed during his final weeks in office. Schedule F would reclassify thousands of civil service positions in the federal government to policy roles—a shift that would empower the president to fire civil servants and fill their positions with political appointees. Much has been written about the consequences of decimating the civil service, and the U.S. Department of Education, along with other federal agencies that serve students, would feel its effects.
4. Project 2025 reflects a white Christian nationalist agenda as much as it reflects a traditional conservative education policy agenda
If one were to read Project 2025’s appeals to principles such as local control and parental choice, they might think this is a standard conservative agenda for education policy. Republicans, after all, have been calling for the dismantling of ED since the Reagan administration, and every administration since has supported some types of school choice reforms.
But in many ways, Project 2025’s proposals really don’t look conservative at all. For example, a large-scale, tax-credit scholarship program would substantially increase the federal government’s role in K-12 education. A Parents’ Bill of Rights would require the construction of a massive federal oversight and enforcement function that does not currently exist. And a proposal that “states should require schools to post classroom materials online to provide maximum transparency to parents” would impose an enormous compliance burden on schools, districts, and teachers.
Much of Project 2025 is more easily interpretable through the lens of white Christian nationalism than traditional political conservatism. Scholars Philip Gorski and Samuel Perry describe white Christian nationalism as being “about ethno-traditionalism and protecting the freedoms of a very narrowly defined ‘us’.” The Project 2025 chapter on education is loaded with proposals fitting this description. That includes a stunning number of proposals focused on gender identity, with transgender students as a frequent target. Project 2025 seeks to secure rights for certain people (e.g., parents who support a particular vision of parental rights) while removing protections for many others (e.g., LGBTQ+ and racially minoritized children). Case in point, its proposal for “Safeguarding civil rights” says only, “Enforcement of civil rights should be based on a proper understanding of those laws, rejecting gender ideology and critical race theory.”
These types of proposals don’t come from the traditional conservative playbook for education policy reform. They come from a white Christian nationalist playbook that has gained prominence in far-right politics in recent years.
At this point, it’s clear that the Trump campaign sees Project 2025 as a political liability that requires distance through the election season. Let’s not confuse that with what might happen during a second Trump administration.
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darkmaga-retard · 18 days
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The US government highly favors migrants over citizens. California’s Senate passed a bill that will permit illegal migrants to secure housing loans at 0% interest with a 0% downpayment. They will receive grants of up to $150,000 to use toward the home. California citizens are handing these people free healthcare, debit cards, phones, and now home ownership. How do the Democrats justify this blatant scheme?
I spoke with an acquaintance who happens to be moving to California. She was on board with the program and agreed with the Democrat’s handling of the migrant crisis. “Where else are they going to live? It will make it easier for them to find housing, and immigrants are such a vital piece of our economy.” She fails to understand the economic implications behind such a move and is disillusioned about the overall demographic of migrants, as most did not come to the US to work because that was never a requirement.
Banks make US citizens go through hoops to secure housing. You must show solid employment for two years, good credit, and a low debt-to-income ratio. The banks review every single asset someone owns and their potential for future income to ensure that the potential homeowner will be able to repay. It is a long and tedious process unless you pay in cash, which few can do. Then they ask for up to 20% on a downpayment and slap on an 8% interest rate, give or take. Property taxes and insurance premiums rise every year without fail. The banks will gladly foreclose a property if they do not receive payment when it’s due. US citizens who worked their entire lives and actually paid into the corrupt system are unable to secure housing. California, in fact, has the highest homeless population in the nation.
How will these migrants pay property taxes? How will they pay for property insurance, which often surpasses the cost of property taxes? What happens when the local municipality goes bust, and no one can pay the bank? There was absolutely no consideration regarding how these migrants with no proven work history or potential future earnings could make payments. The government cannot afford to buy homes for every migrant family. There is no plan in place to finance this initiative properly because the money does not exist. California’s deficit already stands at $47 billion and continues despite Governor Newsom raising taxes at every turn.
“With many legal residents not able to afford a home, should we really be giving free cash to illegal immigrants? Every dollar that goes to an illegal immigrant is one less dollar available to legal residents including veterans, teachers, and families,” said California Senate Minority Leader Brian Jones, R-San Diego, in a statement. “California already spends $5 billion per year on free healthcare for illegal immigrants—will it ever be enough for Democrats’ political agendas?”
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misfitwashere · 2 months
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[Fox News] Kamala Harris is once-in-a-generation candidate and this is a once-in-a-generation moment for America
From the sidewalks of Oakland to the halls of the White House, Kamala Harris’ story is the stuff dreams are made of…the American Dream. Because where else could the daughter of immigrants rise to the highest office in the land, shattering glass ceilings all along the way? Only in America.
Of course, she had plenty of examples to show her what was possible. Coming to America from India at only 19-years-old, her mother became a celebrated biologist. Her father had come from Jamaica, studied at UC Berkeley and became a renowned economist and professor at Stanford. So, they raised her not only to see what is and what has been, but to imagine what is possible — not who we are, but who we can be.
It worked because she thrived on that possibility. It took her to Vanier College in Montreal, Howard University and the University of California College of Law, San Francisco. It drove her to organize for justice. It helped her prosecute murderers and rapists as the District Attorney’s chief of the Career Criminal Division and eventually become San Francisco’s district attorney herself, then attorney general, U.S. senator and vice president.
It gave her the moral clarity to fight the big banks who paid for their own misdeeds by foreclosing on working families. It gave her the strength to fight for students and veterans who were taken advantage of by a for-profit education company and it gave her the tools to win bringing rent relief and badly needed resources to low-income communities during the COVID-19 pandemic, to deliver student debt relief to countless American, to help create millions of new jobs and more.
Now, because it’s her time and her turn, she is zooming through and into history and nobody deserves it more. Yes, we recognize that politics is a contact sport and we know that the attacks will come. In fact, some are coming already.
But we also recognize that a lot of the folks wearing different jerseys than we are keep running the same old plays of racism, bigotry, misogyny, ignorance and hate. From birtherism 2.0 and dismissing the vice president as a DEI hire, to claiming she “became Black” and purposefully mispronouncing her name, it’s clear that the closer we get to history, the louder and sicker they become.
That’s OK. She can take it because the contrast is easy to see.
It’s not just about the prosecutor vs. the felon or even the undeniable truth vs. rapid fire lies. It’s about progress vs extremism. It’s about who we can be.
Think about the landmark legislation Vice President Harris helped marshal through Congress and into law. Think about all the executive orders to raise wages, fight climate change, protect reproductive freedom and more that she helped make reality. Now compare that to the four years of deprivation and degradation we saw under Donald J. Trump. 
Of course, elections are about the future forecast. So, compare former President Donald Trump’s all but official endorsement of the plans laid out in Project 2025 to President Harris signing a real bipartisan border security bill into law, protecting a woman’s right to control her own body and make her own health care decisions, extending the child tax credit that cut child poverty in half, building on the more than 15 million jobs she already helped create. 
Compare Trump’s plan to declare martial law to President Harris strengthening the middle class, growing small businesses, expanding health care, keeping medical debt off your credit report and making sure no one raises taxes on Americans who make less than $400,000 per year.
While Harris knows that affordable internet is a must not a plus for all Americans, the MAGA Republicans refuse to fund the Affordable Connectivity Program. And while they’re screaming about imagined crises, we’re talking about raising wages, closing the wealth gap, lowering the cost of childcare and making sure getting sick doesn’t mean going broke.
That’s just a hint of the differences.
Simply put, Vice President Harris is a once-in-a-generation candidate who has generated more power and energy for this country than Duke Power. It’s been less than a month since she announced her campaign for president and she’s already unifying the Democratic base, expanding our coalition, stretching the map and forcing the Republicans to short circuit.
In less than two weeks, Vice President Harris has recruited nearly 200,000 volunteers, sparked nationwide grassroots organization, secured the Democratic nomination and raised $310 million, which is twice as much as Trump raised through all of July. 
From campaign calls to rallies to local volunteers knocking on doors on a Saturday morning, folks are getting tuned in all across this nation like we’ve never seen before. It’s unprecedented. It’s historic.
Vice President Kamala Harris is a once-in-a-generation candidate and this is a once-in-a-generation moment for America. The choice is clear. Will we choose truth or lies? Will we choose hope or hate? Will we choose the future or be doomed to repeat the past?
Well, like the vice president says, we are not going back.
Antjuan Seawright is a Democratic political strategist, founder and CEO of Blueprint Strategy LLC and a senior visiting fellow at Third Way. Follow him on X, formerly known as Twitter @antjuansea.
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Do you have any idea how expensive it is to live in this current age? Like this is some straight up Avocado Toast is why you're poor type shit.
Do you have any idea how expensive it is to live in this current age?
Yes and this may surprise you, but I am alive in this current age. Not to mention, I did personal finance advisory for low income immigrants at a non-profit for 2ish years and VITA for 2 tax seasons. Plus just this year, I helped my little sister transition to being able to live on her own after getting kicked out of our parents' house.
Interestingly, the cost of living can be quite manageable with some strategic planning and smart choices. While certain expenses have increased, there are also numerous opportunities and resources available to optimize spending and ensure financial stability. By embracing budget-friendly practices, exploring alternative options, and staying informed about financial strategies, it's possible to navigate the current age without feeling overly burdened by expenses. It's all about finding the right balance and making informed decisions to live comfortably within your means.
Like this is some straight up Avocado Toast is why you're poor type shit.
Unless you have an avocado toast addiction, it will almost certainly take far more than that to fix it, but the general principle is correct, reduce unnecessary spending. Ironically, this isn't even a new phenomenon, the avocado toast example is just the 'modern spin' to it. People living beyond their means has existed for quite some time sadly.
To quote Khwan Hatha, a certified financial planner and certified financial therapist at Epiphany Financial Therapy:
"Addressing overspending from a purely financial perspective is often insufficient. One must delve into the psychological dimensions of their spending habits to enact lasting change,"
Here are five common reasons experts say Americans are overspending.
Social Pressure
Lifestyle Creep
Emotional Impulse Spending
Not Accounting for Inflation when Budgeting
Personal Finance Ignorance/Misconceptions (e.g. Credit Cards)
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militantinremission · 1 month
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The Freedman's Bank Forum: The Art of Disenfranchisement
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Kamala Harris has hit the Campaign Trail & named Gov. Tim Walz as her Running Mate, but she has yet to give a Press Conference or Mainstream Media Interview. She STILL hasn't offered any Policy Initiatives on her Campaign Website. This has lead some in The New Black Media to look at her Policy Offerings as VP. Sabrina Salvati of Sabby Sabs & Phil Scott of The Afrikan Diaspora Channel both looked at Kamala Harris' 2023 Speech at the Freedman's Bank Forum- for ideas of what a 'Harris- Walz Administration' may look like. In her Speech, Kamala gave a history of The Freedman's Bureau 'Freedman's Bank', Created in 1865. She spoke on why a Specific Bank for the Formerly Enslaved was necessary. She also talked about the Farms, Homes, & Businesses that Freedmen were able to purchase & build through Loans from Freedmen's Bank.
Unfortunately, 9Yrs after its inception, Freedman's Bank was Closed; due to mismanagement, & outright theft of Funds by Congressmen overseeing Bank Operations. Over 61,000 Depositors lost their Funds- estimated at over $3M (over $50M in today's Economy). Kamala sounded like she understood the plight of American Descendants Of Chattel Slavery & Our specific need for resources, but she shifted her narrative fairly quickly. She started by shifting a Black Specific Issue, to an 'All Lives Matter' Issue. Kamala transformed the necessity of a Freedman's Bank to jumpstart Reconstruction, into a need for EVERYONE to have access to (Freedmen) Resources. She starts by mentioning 'Minorities' & 'Marginalized Communities', but goes on to include Latinx, Native American, Asian, & Rural Communities in the Freedman's Bank Story.
Kamala went on to describe one of her Final Acts as a U.S. Senator. This was an Initiative that she helped to set up w/ the help of [Secretary of The Treasury] Janet Yellen, [Senators] Mark Warner, Chuck Schumer, & Corey Booker, plus Rep. Maxine Waters. The Initiative, was a plan to invest $12B in Community Institutions for 'Overlooked & Underserved Communities'... My 1st question is: How many of THOSE INSTITUTIONS are Owned & Operated by Indigenous Black Americans? I only know of ONE in My Community, & David Rockefeller has been invested in them for nearly 30Yrs... Harris says that currently, $8B has been disbursed to 162 'Community Lenders' Nationwide, & gave examples of how the Funds are being disbursed:
Native American Bank lent a Tribe $10M to fund an Opioid Addiction Treatment Facility on Tribal Lands in N. Dakota
Carver Bank, in Ga. loaned $500K to 'Black Owned Companies' to help them develop Low Income Housing
Hope Credit Union, in Ms. gave a $10K Loan to a 'Black & Woman Owned' Coffee Business to expand
Aid to Immigrant Communities, including some Asian Communities
Aid to 'Rural Communities'
Maybe it's just Me, but I find it curious how the Freedman's Bank Legacy is being 'repackaged'. Under Kamala Harris, a SPECIFIC INSTITUTION meant for American Descendants Of Chattel Slavery, is being usurped to advance EVERYONE; except the Blackfolk it was designed to help. The numbers don't lie. Native American Tribes get Billions a Year in 'Set Asides' & they don't pay Taxes, but Kamala thinks they should also collect $10M meant for Black American interests? Then she brags about Black Businesses that only received 5% of what Native Americans collected from a measure that was supposed to be for Blackfolk. Apparently, Kamala wasn't lying when she said that she wasn't going to do ANYTHING that would only benefit Black Americans.
Like Joe Biden, Kamala Harris talks to Black Audiences about Equity, but only offers Black Americans a small share of what Everyone Else gets. In 2022, The Biden-Harris Administration & Janet Yellen launched the Economic Opportunity Coalition, along w/ 20 Private Sector Leaders. The Goal was to provide & invest Billions in Capital to Community Lenders for 'Minority Owned Businesses'. To date, this Coalition has currently committed over $1.2B to Community Lenders in 'Minority & World Communities'. From what I saw, Puerto Rico & Guam represented 9 of the 13 Minority Depository Institutions (MDIs) awarded Funding. Of the 218 Organizations receiving Technical Awards, 56 were 'MDIs' & 38 were Organizations based in Puerto Rico. True to Form, the Biden- Harris Administration blurs the lines on what a 'Black Owned' Business is; Indigenous Blackfolk, Afro Caribbeans, & Afrikan Immigrants have been lumped into the 'Afrikan American' demographic. Is this Coalition keeping track of how many Freedmen (Male & Female) are receiving Awards?
Kamala's Speech at the 'Freedmen's Bank Forum' completely ignored the Descendants of the Freedmen Community, & Our History of adversity. Despite her disregard of Us, she says this Initiative was created to 'Realize the Vision of Freedmen's Bank'. I see This as a blatant Disenfranchisement of the Black Community that Freedmen's Bank was Chartered to serve. On top of her disingenuous empathy for Black Americans, She has the audacity to call this act of Economic Racism- 'Economic Justice'; & she does it w/ a straight face. I thank Sabrina Salvati & Phil Scott for uncovering this particular Policy Measure. Kamala Harris' lack of Policy on her Campaign Website tells Me that she doesn't want Us to know her Plan for the next 4Yrs. She has been called a Leftist & 'the most Progressive Senator in Congress', but her Policies are as Moderate as Joe Biden's.
I fully understand that the Economic Opportunity Coalition (EOC) isn't Freedmen's Bank. If it was presented as a Measure that stood on its own merit, I probably wouldn't have much to say about it. If we're being honest, it falls in line w/ many other Policies of the Biden-Harris Administration. The Fact that Kamala Harris used the Freedmen's Bank Forum to push this Measure, is mean spirited & an insult to Our Ancestors. There's a Legion of Blackfolk & Afrikan Americans trying to certify Kamala's 'Blackness', but she has yet to affirm their claim. She had a chance to refute Donald Trump's assertion, but only offered more rhetoric. The Truth is, SHE'S NOT BLACK! Kamala's Record shows that she spent her Professional Career disenfranchising Us. As District Attorney, she targeted Blackfolk for Arrest on petty Quality of Life Crimes. As Attorney General & as a U.S. Senator, Kamala supported decriminalization of Illegal Border Crossings & the surge of Illegal Immigrants into Black Communities throughout California.
The Black Population in San Francisco, Oakland, Richmond, & Berkeley has dropped by 50% on her Watch. Kamala vacated over 1,000 Criminal Charges against OneWest Bank, George Soros, & Steve Mnuchin- for 'Foreclosure Violations' that cost Hundreds of Black Californians their Homes. Her action allowed Soros to sell OneWest for Billions, while Mnuchin moved on to become Secretary of The Treasury. At the Same Time, she kept Black Inmates imprisoned past their Release Date & denied others Parole; citing the need to maintain a Prison Labor Force (i.e. Convict Leasing). Black Women are siding w/ her, but Harris abandoned the Mitrice Richardson Case after winning her Senate Seat. Kamala also had a hand in stripping the Estate of Nina Simone away from her Surviving Family & awarding All Rights to Sony Music Entertainment. We're supposed to certify this Woman as 'Black', but she has a Legacy of Anti-Black (Aryan) behavior. Her latest act of disenfranchisement is actually Par for The Course.
Some question why Kamala Harris is getting so much heat from Black America. The Short Answer is- She rides on the Coattail of The Black Experience, but does NOTHING for Us Culturally, Socially, or Politically. What's her Black Agenda again? At This Point, We really can't blame her for being consistent. We need to look at the Blackfolk & Afrikan Americans trying to shame us into Falling in Line w/ her Agenda; whatever THAT is... We have House Cleaning to do.
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rjzimmerman · 2 months
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Massachusetts Land Trust to Tackle Affordable Housing and Land Conservation in One Project. (Sierra Club)
Excerpt from this story from Sierra Club:
In Easthampton, Massachusetts, there isn’t much open land left. The area’s housing shortage means that most unprotected areas are attractive lots for real estate developers to add stock to this post-industrial artist’s haven, where old mill buildings house studios turning out pottery and paintings and new restaurants and microbreweries. The skyrocketing demand for housing then prices out land conservationists who aim to protect wildlife and air and water quality, and connect residents with nature. A new project in the city seeks to overcome the either-or narrative between sprawling cul-de-sacs and conservation, a shift rippling throughout the conservation movement. On a 53-acre parcel of land in this former mill town, Kestrel Land Trust will conserve 42 acres and will work with a partner organization to develop the other 11 acres into affordable housing. 
“We’re dealing with a climate crisis, a biodiversity crisis, and a housing crisis all at the same time,” said Mark Wamsely, conservation director at Kestrel Land Trust. “The effectiveness of the projects—both in terms of addressing the various crises as well as their practicality and feasibility—might be better if we focus on all of them at the same time.”
In recent years, land trusts across the country have begun to reevaluate their historically narrow missions, which prioritize traditional land conservation, and to consider how they can better serve all members of their community. As workers at land trusts began to watch local residents and their own colleagues struggle to afford housing, this shift in priorities has increasingly led to more collaboration between conservation land trusts and affordable housing organizations. Kestrel received an anonymous donation specifically earmarked for such collaboration. 
“I think [the donor] was reading the tea leaves in this particular community,” Wamsely said. 
Conservation land trusts acquire and manage land or conservation easements, which are agreements between landowners and trusts, or governments, that put permanent protections on land. Some critics say this takes land needed for housing out of circulation, thus worsening a housing crisis that disproportionately impacts marginalized groups. Collaboration between conservation land trusts and affordable housing groups is sometimes difficult due to past disagreements and cultural differences between the two groups. 
Most of the housing options in Easthampton are large farm houses or old mill housing in poor condition, Mayor Nicole LaChapelle said. A report published in 2021 found that more than half the renters in the area are “cost burdened” and spend more than the recommended 30 percent of their income on housing, but longtime residents were hesitant to support developments that changed the city’s small-town feel. In order to maintain a sustainable local economy, LaChapelle’s administration knew it needed to look for new, innovative opportunities for affordable housing upon taking office, when Kestrel’s novel plan landed on her desk. 
Kestrel’s partner in this new mission is the Community Builders, a national nonprofit that develops and manages affordable housing. It already owns a senior living community adjacent to the parcel earmarked for this collaboration, allowing for intergenerational connection, in addition to the other benefits of the project.
Kestrel’s conservation acreage will protect forests, floodplains, and a tributary of the Connecticut River, while the Community Builders will develop 87 affordable rental units. The low-income housing tax credit will help finance the project, making the units affordable to people making 60 percent of the area’s median income or less. Residents will pay 30 percent of their monthly income for rent.
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leasingmylifeaway · 10 months
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Items in the packages we opened today:
Daily Throat Spray. Not for any specified illness. What are you spraying for daily friend?
Differin Gel. Some sort of acne treatment?
A Pavlock. A wristwatch-style alarm clock that shocks you if you do not wake up.
Herbal supplement that has no English writing on it whatsoever. I tried to translate from a photo and all I got was ‘honey and liquid’…
An office chair with no cushion on it. Made in Vietnam. No one wants it.
Dried scallops. They look like little organs. I put them in the break room an hour ago, and when I went back there’s now one empty wrapper. I think someone in maintenance tried one…
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batboyblog · 6 months
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Things Biden and the Democrats did, this week #12
March 29-April 5 2024
President Biden united with Senator Bernie Sanders at the White House to review Democratic efforts to bring down drug prices. President Biden touted his Administration’s capping the price of insulin for seniors at $35 a month and capping the price of  prescription drugs for seniors at $2,000 a year. Biden hopes to expand both to all Americans through legislation next year with a Democratic congress. The President also praised Senator Sanders' efforts as chair of the Senate Health Committee which has lead to major drug manufacturers capping the price of inhalers at $35 a month. “Bernie, you and I have been fighting this for 25 years,” Biden said “Finally, finally we beat Big Pharma. Finally.”
The White House gave an update on its actions around the Francis Scott Key Bridge disaster. The federal government working with state and local governments hope to have enough of the remains of the bridge cleared to partially reopen the Port of Baltimore by the end of the month and have the port working normally by May. The Administration has already released $60 million in emergency money toward rebuilding and promises the federal government will cover the cost. The Department of Labor has released $3.5 million for Dislocated Worker Grants and plans up to $25 million to cover lost wages. The Small Business Administration is offering $2 million in emergency loans to affected small businesses. The Administration is working with business and labor unions to keep workers at work and cover lost wages.
Vice-President Harris and EPA Administrator Michael Regan announced $20 billion to help finance tens of thousands of climate and clean energy projects across the country. The kinds of projects that will be financed through this project include distributed clean power generation and storage, net-zero retrofits of homes and small businesses, and zero-emission transportation. 70% of the funds, $14 billion, will be invested in low-income and disadvantaged communities. The project is part of a public private partnership so for every 1 dollar of federal money, private companies have promised 7 dollars of investment, bring the total to $150 billion for ongoing financing of climate and clean energy projects for years to come.
The Department of Transportation announced $20.5 billion in investments in public transportation. This represents the largest single investment in public transit by the federal government in history. The money will go to improving and expanding subways, light rail, buses, and ferry systems across America. The DoT hopes to use the funds to in particular expand and improve options for public transport for people with disabilities and seniors.
The Departments of Energy and The Treasury announced $4 billion in tax credits for businesses investing in clean energy, critical materials recycling, and Industrial decarbonization. The credits till go toward 100 projects across 35 states. 67% of the credits ($2.7 billion) will go to clean energy, wind, solar, nuclear, clean hydrogen, as well as updates to grids, better batter storage, and investments in electric vehicles. 20% ($800 million) will go to to recycling things like lithium-ion batteries, and 13% ($500 million) to decarbonization in industries like automotive manufacturing, and iron and steel.
The Department of Agriculture announced $1.5 Billion in investments in climate-smart agriculture. USDA plans to support over 180,000 farms representing 225 million acres in the next 5 years move toward more climate friendly agriculture. 40% of the project is reserved for disadvantaged communities, in line with the Biden Administrations standard for climate investment. $100 million has been reserved for projects in Tribal Communities.
The Department of the Interior approved the New England Wind offshore wind project. To be located off Martha’s Vineyard the New England project represents the 8th such off shore wind project approved by the Biden administration. Taken together these projects will generate 10 gigawatts of totally clean energy that can power 4 million homes. The Administration's climate goals call for 30 gigawatts of off shore wind power by 2030. The New England Wind project itself is expected to generate 2,600 megawatts of electricity, enough to power more than 900,000 homes in the New England area.
The Department of the Interior announced $320 Million for tribal water infrastructure. Interior also announced $244 million to deal with legacy pollution from mining in the State of Pennsylvania, as well as $25 million to protect wetlands in Arizona and $19 million to put solar panels over irrigation canals in California, Oregon and Utah. While the Department of Energy announced $27 million for 40 projects by state, local and tribal governments to combat climate change
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