Page 9 - Means Testing News Today

Student debt cancellation. we dont means test security and medicare, we dont means testa k-12 education. the fact that somebody has student that to begin with as a form of means testing. so lets leave it at that. and make it a universal program. we know that republicans, independents, and democrats support this policy. this is the right thing to do. the research shows it is going to be a major boom for the economy in terms of the gdp. and we also know that entire generations of people are unable...

Form of means testing. so lets leave it at that. and make it a universal program. we know that republicans, independents, and democrats support this policy. this is the right thing to do. the research shows it is going to be a major boom for the economy in terms of the gdp. and we also know that entire generations of people are unable to start families are unable to start businesses, are unable to pay off the skyrocketing costs of a college education. as wages have remained stagnant for decades ...

Get them into jobs where they can support themselves and their families. so this all shows that as much debt as you can cancel, you may know that im for cancelling all of it. but as much debt as you can cancel is going to stimulate the economy. last fact here is that if we were to cancel all of the debt thats out there, we would raise the wealth of black families in america by 40%. this is a racial justice issue as well. >> why wouldnt you means test that? >> well, i think that the principal is ...

Means-testing support for fuel-poor households will leave millions in hardship.

Look like? it is not easy. >> reporter: hallie, that requires joe manchins vote. two things need to happen based on the statements in what he wants. theres a category of easy things. that includes simple tweaks to programs. means testing for income and adding work requirements. a lot of democrats dont like the ideas. they consider them bureaucratic. not a deal breaker. the difficult category is making sure every program is funded over a ten-year period. that is where the rubber meets the road. t...

Political philosophy. when you look at all of this, one thing i think thats getting lost in all of this is im not convinced every senator was on bbb, build back better. you take things like the deduction, there is many, many senators that thought 80,000 was too high. there is a lot of senators concerned about the price tag and so joe kind of was out there on the point but i think there is a lot of discussion behind it that needs to happen. its not just the negotiation, isnt just with joe. joe wi...

Especially over the last week in terms of uptick in cases and hospitalizations. we know death also could be a lagging indicator and heading into the cold weather as you mentioned. holiday season. people socializing indoors. i think that we can actually look to whats going on in europe as a harbinger of things to come. usually what happens in europe eventually happens here. i think we are going to have to be incredibly cautious over the next few weeks. have to make sure there are policies in plac...

Or received only a partial credit. so this has been very, very important. the progressives, of course, want to extend it permanently, but in the original bill it looked like it would be for four years. but now it looks like it may only be for one or two years. but the original bill also would have extended the full refundability permanently and, you know, well see what happens with that. again, its an expensive measure. and what joe manchin is probably talking about with means testing, we dont r...

The child tax credit would be suggest to means testing and only extended to one year and then the funding for home care would be reduced by $150 billion. but theres still a lot in the bill. so give us the status report of whats in it and where it stands. >> this is all part of the decisions democrats have to make when it comes to what is going to be included in a scaled back package. now theyre talking about a number closer to $2 trillion and just a little below that. that is a major cut and tha...

The full $3 trillion, and not happy that joe manchin is at $1.5 to $2 trillion. and joe manchin wants to put in means testing for hosting new social programs. he wants to -- hes not onboard with the clean energy provisions in the bill. so the two sides actually, its tough for me to think of any way they could be farther apart on the substance of this legislation, but part of this, i would say, is acting. is really just theater, to show that the two wings of the democratic party are at least talk...