I saw the President’s pitch for the scaled back spending package he was hoping would soothe the sensitivities of the “moderates” enough to make the “progressives” consider providing proof of life for the (real) infrastructure bill they’ve been holding for ransom. He couldn’t answer questions because he had to catch the next train to Europe, where he will try to determine if the Pope is still unreasonably Catholic, or if there might be some wiggle room on the sanctity of life thing.
It doesn’t seem to have worked so far. But at least they have ventured to release some text to flesh out the details of the Christmas list. That’s progress of a sort. The revenue side is a bit unclear to me, beyond a lot of fulminating about the unworthy wealthy. Right now, it’s brackets, rates and surtaxes, but they also have some exciting new ideas about taxing unrealized gains. Basically this will allow them to tax income that hasn’t been earned yet, sort of like “Minority Report”. Not sure how this would work in practice, but I’m sure if they put enough lawyers on it they will be able to secure an injunction against the space-time continuum and seize the future by eminent domain.