“If the aim is to avoid a midterm massacre, why would you do this?”
Presidential candidate Joe Biden said he would: enact a public option to create a government-run alternative to private insurance plans; reduce the sky-high and life-threatening prices of prescription drugs; cancel up to $10,000 of student loan debt per federal borrower; and raise the estate tax, which affects only the wealthiest 0.2% of U.S. households.
When President Biden unveils his official budget proposal on Friday, however, none of those initiatives— which were already considered inadequate by progressives demanding Medicare for All, at least $50,000 of student debt relief, and substantially higher taxes on the super-rich—will be included,
“We do not inherit the Earth from our ancestors; we borrow it from our children” First Nations proverb.
