the long and short of this agenda (courtesy of a ResetERA post:
GROCERIES AND FOOD
First-ever federal ban on corporate price gouging on food and groceries
Set clear rules so that corporations can’t unfairly exploit consumers with pricing to run up excessive corporate profits
Empower the FTC and state attorney generals to investigate corporations for violating the rules
Aggressively regulate mergers and proposed consolidation among food producers and grocers
HEALTHCARE
Expand the $35 insulin cap for Medicare to all Americans, not just the elderly ones
Cap all Americans annual out of pocket prescription drug spending at $2,000/year
Ramp up Medicare negotiations with drug companies over their most expensive drugs
Regulate pharmaceutical companies that block competitive and abusive practices by middlemen
Cancel medical debt for millions of Americans
TAX CUTS
Extend Inflation Reduction Act subsidies and lower premiums for ACA
Expand Earned Income Tax Credit by up to $1,500
Restore the $3,000 per child tax credit from the Inflation Reduction Act
Expand the Child Tax Credit so that even the poorest of families receive it (currently families need to make a high enough annual income to receive it)
Increase the Child Tax Credit to $6,000 per child for first year newborns
HOUSING
$25,000 down payment assistance for first time homebuyers who have paid rent on time for at least two years
Tax credit incentives for home builders who build starter homes sold to first time homebuyers
Build 3 million homes
$40B to local state governments for building housing
Pass the Stop Predatory Investing Act, legislation that would prohibit investors who acquire 50 or more new single-family rental homes from deducting interest or depreciation on the properties.
Pass the Preventing the Algorithmic Facilitation of Rental Housing Cartels Act, legislation that cracks down on companies that allow landlords to collude to set high housing prices via software and price-setting algorithms.
$2000/year per person, would be $167/year per person. It’s not $0, but sounds like a reasonable amount for anyone except the most marginalized groups
Medical procedures are indeed a problem, but my understanding is their price is artificially inflated due to intermediaries, so taking a harder approach to that, would partially solve the issue, and pave the way for further regulation.
M4A should be the goal, something most 1st World countries have already, but I also understand it would mean upending a lot of industries and their interrelationship in the US, so a step-by-step approach seems like a wise one.
but sounds like a reasonable amount for anyone except the most marginalized groups
I know several people for whom $167 per month would be a big problem. Considering how many people struggle to get by on incredibly low wages, with ever-increasing rent, I really don’t think it’s fair to suggest that this would only be a problem for “the most marginalized groups.”
And that’s all ignoring the fact that “being unable to afford medicine” is not a problem anyone in such a rich country should ever have to face, regardless of income. Frankly, I really don’t care if it upends industries; people’s lives are more important than that.
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$2000/year per person, would be $167/year per person. It’s not $0, but sounds like a reasonable amount for anyone except the most marginalized groups
Medical procedures are indeed a problem, but my understanding is their price is artificially inflated due to intermediaries, so taking a harder approach to that, would partially solve the issue, and pave the way for further regulation.
M4A should be the goal, something most 1st World countries have already, but I also understand it would mean upending a lot of industries and their interrelationship in the US, so a step-by-step approach seems like a wise one.
I know several people for whom $167 per month would be a big problem. Considering how many people struggle to get by on incredibly low wages, with ever-increasing rent, I really don’t think it’s fair to suggest that this would only be a problem for “the most marginalized groups.”
And that’s all ignoring the fact that “being unable to afford medicine” is not a problem anyone in such a rich country should ever have to face, regardless of income. Frankly, I really don’t care if it upends industries; people’s lives are more important than that.