Quantcast

Soros Group Pledges $20 Million to Pass Biden Plan

(Axios) The Open Society Foundations are pledging $20 million to jumpstart as much as $100 million for a campaign to rally progressives around President Biden’s infrastructure and social welfare proposals.

Why it matters: Backing from the George Soros-founded group could serve as an important call to action for Democratic donors and activists who support Biden’s initial $2 trillion+ infrastructure plan but want to see him go bigger.

A second phrase of Biden’s plan could be rolled out later this month, with a broader focus on health care, the care-giving economy, climate and community colleges…

The intrigue: Progressives are walking a fine line between encouraging and antagonizing the White House.

Some say Biden isn’t going nearly far enough. Rep. Alexandria Ocasio-Cortez wants $10 trillion in spending. But any ultimatums that force up the price tag and raise taxes more could cost moderate Democratic votes that Biden can’t afford to lose.

Senate Republican Leader Mitch McConnell has said his party will fight Biden’s plans in their current form “every step of the way.”

But top Biden officials are determined not to dial back their ambitions too much. Many believe the Obama administration didn’t fight hard enough for a bigger stimulus package in 2009, and they don’t want to repeat that pattern.

Details: The $20 million investment will come from George Soros’s main foundation and his 501(c)4 advocacy group to activate many of the grassroots progressive organizations that took the lead in opposing President Trump’s agenda.

[Read more…]

TRENDING NOW

Utah Gov. Claims It’s NOT Racist to Exclude Whites from Jazz-Funded Scholarships

(The Post Millennial) Governor Spencer Cox took a call during a the "Let Me Speak to the Governor" question period on a local...

US Lifts Vietnam, Switzerland from Currency Manipulator List

(Associated Press) Vietnam and Switzerland have been removed from the list of nations labeled by the U.S. as currency manipulators, reversing a...

Police Identify Gunman in FedEx Shooting

(Associated Press) The former employee who shot and killed eight people at a FedEx facility in Indianapolis was interviewed by FBI agents...

Big Pharma CEO: ‘Annual Revaccination’ Likely Needed for COVID Strains

(Jacob Bruns, Headline USA) People will likely need a booster dose of the COVID-19 vaccine within one year, Pfizer CEO Albert Bourla said in a...

Will You Need a COVID-19 Vaccine Passport?

(Associated Press) What is a COVID-19 vaccine passport, and will I need one? "Vaccine passports," or vaccine certificates, are...