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BLOOMBERG Bloomberg Markets Balance Of Power July 12, 2024

We are still fighting for more money. We think the administration is coming in far too low for our heroes. I think we are close in terms of money, we are yielding on that quite a bit. Close on that except we have to see the language. One of the biggest differences is how we put money in peoples act theand in the cares republicans selfishly put in 150 billion for net operating losses benefiting a small percentage of people. Billion, a similar number in this legislation, the for poorer that is families. It is a refundable tax credit, a child tax credit, earned income tax credit. They have zero. 150 for the wealthiest, zero for the others. We are the reverse. 149, which we took down to 54 billion which we took down by shortening the amount of time it applies. As of yesterday they are still at zero. We are hoping they will come up on that, and we have great opposition in our caucus to the tax cut that is retroactive, having nothing to do with the coronavirus. Then we have issues that relat ....

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