Trump Capitulates, Temporarily Ending Shutdown
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FEATURING CHUCK COLLINS – President Donald Trump on Friday afternoon capitulated in the battle over a government shutdown that stretched more than a month. In a speech on the White House lawn he agreed to back a deal to temporarily fund the government through mid-March and buy time for further discussions on a border wall.
The announcement put an end to the record breaking shutdown that impacted 800,000 federal workers, many of whom had marched, rallied, conducted sit-ins, gotten arrested, and threatened to strike over the on-going withholding of their paychecks.
Meanwhile, Presidential hopeful Elizabeth Warren just introduced a simple new tax plan designed to target the wealth of the ultra-rich. As the shutdown has illustrated, there is widening gap between the richest Americans and the rest of us that is deeply felt.
Read Chuck Collin’s article about Elizabeth Warren’s tax proposal HERE.
Chuck Collins, senior scholar at the Institute for Policy Studies where he directs the Program on Inequality and the Common Good. He has written a number of books including 99 to 1: How Wealth Inequality is Wrecking the World and What We Can Do About It, and Born on Third Base: A One Percenter Makes the Case for Tackling Inequality, Bringing Wealth Home, and Committing to the Common Good.