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Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, DC, shares his analysis on US politics.

How is Congress planning on raising your taxes to pay for their new spending bill?

The short answer is they aren't. The new spending deal being negotiated by Senate leaders relies on several provisions that raise revenue for the federal government, by allowing lawmakers to claim they aren't raising taxes at all. How's that? By closing what policymakers consider loopholes in the tax code.

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Pelosi Taiwan Visit Reflects Extremely Strong US Congress Support | US Politics :60 | GZERO Media

Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, DC, shares his analysis on US politics:

What are the lasting implications of Nancy Pelosi's visit to Taiwan?

House Speaker this week, Nancy Pelosi, became the highest ranking US government official to visit the island of Taiwan since the 1990s, setting off an enormous controversy within mainland China that prompted them to fire missiles into Taiwanese waters and directly threaten the United States.

The Biden administration reportedly was concerned about the trip, but nonetheless provided Pelosi with the logistical support that the House Speaker asked for in order to get there.

Pelosi's trip served no obvious purpose other than to show the island the extremely strong level of support for them in Congress, so strong, in fact, that several senior members of Congress are considering a new Taiwan Policy Act that would upend the status quo in US-Taiwan relations and potentially lead to even more blowback from China.

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Are We In A Recession? | US Politics In :60 | GZERO Media

Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, DC, shares his analysis on US politics.

When is a recession, not a recession?

The Biden administration this week has spent an extraordinary amount of time refuting the notion that the US economy is in a recession. Treasury Secretary, Janet Yellen on Sunday pointed to strong job numbers and consumer spending as signals that the US economy continues to grow. But plenty of analysts have started to question how strong and durable that growth is in the face of rising prices and Fed induced interest rate hikes. Later this week, the government will release its estimate for second quarter economic growth. The first quarter data showed that the economy shrank by 1.5% and supply chain problems wreaked havoc on economic output and some estimates of second quarter growth suggest there could be another quarter of contraction in the cards.

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White House Climate Emergency Gives Biden New Powers To Reach Goals | US Politics :60 | GZERO Media

Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, DC, shares his analysis on US politics:

What is President Biden doing now that his legislative agenda is all but over?

Congress is getting ready to throw in the towel on 2022, racing to pass several pieces of legislation dealing with healthcare, drug prices and subsidies for the semiconductor industry before they go on their annual recess beginning in August. Some Democrats are holding out hope they can still pass a broader bill to finance green energy investments. But others are already writing the eulogy for the 117th Congress, recognizing how hard it is to legislate in a 50-50 Senate and a narrowly divided House and looking forward to Republicans taking control of at least one branch of government next year.

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Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, DC, shares his analysis on US politics:

Are America's political leaders too old?

A new poll this week suggests the Democratic voters would be very open to alternatives to President Joe Biden in the 2024 election cycle. Many Democrats, including Biden himself, argue that he offers their best chance to defeat our Republican challengers in two years, particularly if that challenger is former President Donald Trump. But it's very clear through polling leaks and voter interviews, that there is a high degree of concern about one major issue, President Biden's age. Among the 64% of Democratic primary voters in the New York Times poll who said they would prefer a candidate other than Joe Biden, 33%, a plurality, said it was because of his age. Biden is already the oldest president in history, and if he wins another term, he would be 82 on Inauguration Day, and 86 when he finishes his second term.

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West Virginia v. EPA Ruling To Affect Climate Change Regulations | US Politics In :60 | GZERO Media

Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, DC, shares his analysis on US politics:

This week's question, what are the implications of the Supreme Court's decision in the case of West Virginia v. EPA?

It's been a busy term for the Supreme Court, topped off this week with a ruling on the EPA's ability to regulate carbon emissions under the Clean Air Act.

The Supreme Court ruled that the EPA did not have the properly congressionally delegated authority to regulate carbon emissions. This will hamper the ability of the Biden administration to act on climate change in the absence of congressional action, which we do not expect. And more broadly could have implications for other agencies, such as the Securities and Exchange Commission and the Federal Trade Commission.

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Victory for US Conservatives: Roe Overturned | US Politics : 60 | GZERO Media

Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, shares his perspective on US politics:

What will be the immediate impact of the Supreme Court's decision to overturn Roe v. Wade?

This week's decision is the culmination of 40 years of work by the conservative legal movement to create the alignment of justices willing to make this choice, which ironically came together during the presidency of Donald Trump, who, for most of his career, was not a conservative Republican. Abortion could become a relevant issue in the midterm elections, but surveys are showing that most voters are much more activated by the economy at the moment than abortion. That could change however as there's going to be a movement in states to either deny or preserve access to abortion, which could put the issue on the ballot in places like Pennsylvania, Michigan, Arizona and Georgia.

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