TL;DR December 17, 2015
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Here’s What You Need to Know
About the Taxibus:
- Congressional leaders reached agreement on a nearly $2 trillion year-end tax and spending deal, but are still working on putting the pieces together to ensure strong Republican votes.
- This new deal builds on the late October agreement that busted the spending caps set by the 2011 Budget Control Act, an issue for many conservatives.
- Politico Influence has a good breakdown of winners and losers.
- The House is scheduled to vote on an omnibus and tax extenders package separately, and merge them into a mega “Taxibus” before a Senate vote.
About the COP21 Paris Agreement:
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- Representatives from 195 countries came together in Paris last week and adopted by consensus a legally binding agreement to fight climate change.
- The goal of this agreement is to keep temperature rises below 2 degrees Celsius by creating plans to abandon fossil fuels in favor of greener energy sources.
- The way to do this? Reduce CO2 emissions by 6,000 Gt by 2030.
- The problem with the agreement? It only cuts CO2 emissions by 56 Gt by 2030. Meaning 99% of the problem remains unresolved. And, this reduction of 56 Gt will end up costing $1-2 trillion every year after 2030.
News You Can Use
ABOUT THOSE PRIMARY POLLS
Trump gets 25 times more media mentions than rest of the GOP field combined. It’s all thanks to Trumptation and nobody comes out looking good.
#THANKSOBAMA
Law Professor Jonathan Turley argues Obama’s unchecked executive authority set the stage for Trump to tower over the presidential field.
HILLARY’S MUSCLE
Politico reports, “Calls and visits from senior members of Clinton’s team, who have zeroed in on local party efforts to build political muscle, have left state officials in a ‘holding pattern’ as they wait for guidance from Brooklyn on everything from finance to strategy to hiring …”
Related Posts:
BERN’D BY GOOGLE
A recent study of Google search data suggests the search engine’s algorithm produces more favorable results for Sen. Bernie Sanders than any other presidential candidate.
KERRY’D BY GOOGLE
“I usually Google a country,” Secretary of State John Kerry tells the New Yorker’s David Remnick. “I want to know where I am.”
FAILING VETTING 101
According to ABC News, “Fearing a civil liberties backlash and ‘bad public relations’ … Homeland Security Secretary Jeh Johnson refused in early 2014 to end the secret U.S. policy that prohibited immigration officials from reviewing the social media messages of all foreign citizens applying for U.S. visas …” Maybe they should just let political campaigns handle it?
BANKING’S “UBER” MOMENT
Are apps and algorithms replacing bankers? Here’s 100,000 reasons they might be.
FAILURE TO INNOVATE?
The EU struck a deal on new data protection laws that require all companies doing business in Europe to comply with “the right to be forgotten” and a new online “age of consent” of 16, among other provisions. While the deal gives consumers “more control over how their data is used and retained,” companies may be scared to innovate for fear of getting hit with expensive fines.
VIVE LE TRANSPARENCY
A new database from Transparency International reveals French MPs earn €20 million from side jobs.
THEY’RE JUST LIKE US
The EU might need to find its own Tom Coburn. A Politico report lists nine crazy things on which the EU spends its funds.
Mark Your Calendars
Friday 12/18 – Regional and State Employment and Unemployment
Saturday 12/19 – ABC News Democratic Primary Debate
Sunday 12/20 – Party Committee Monthly FEC Reports
Tuesday 12/22 – GDP 3rd Quarter
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