podesta-emails
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________________________________
From: Oya Aktas <[email protected]>
Sent: Thursday, July 23, 2015 11:08 AM
To: Equitable Growth
Subject: Press Clips July 23
Daily Press Clips
07.23.2015
Economic News | Political News
Economic News | Back to Top
Taxi Mogul, Filing Bankruptcy, Sees Uber-Citibank Plot<http://www.nytimes.com/2015/07/23/upshot/taxi-mogul-filing-bankruptcy-sees-a-uber-citibank-plot.html?rref=upshot&abt=0002&abg=0>
The Upshot (NYT) – Josh Barro
Evgeny Freidman, the taxi mogul, warned New York officials this spring that he was too big to fail and asked for a bailout of the taxi industry. He didn’t get one. So, on Wednesday, he filed a petition to put many of his taxi medallion-owning companies into bankruptcy.
Social Security Disability Benefits Face Cuts in 2016, Trustees Say<http://www.nytimes.com/2015/07/23/us/disability-benefits-face-cuts-in-2016-trustees-say.html?hp&action=click&pgtype=Homepage&module=first-column-region®ion=top-news&WT.nav=top-news>
New York Times – Robert Pear
The trustees of Social Security, including three cabinet secretaries, said the disability trust fund would be depleted in the last quarter of 2016. After that, they said, benefits would automatically be cut by 19 percent because revenues, largely from payroll taxes, would be sufficient to cover only 81 percent of scheduled benefit payments.
A City for the Poor, Rich and In Between<http://www.nytimes.com/2015/07/23/opinion/a-city-for-the-poor-rich-and-in-between.html?action=click&pgtype=Homepage&module=opinion-c-col-left-region®ion=opinion-c-col-left-region&WT.nav=opinion-c-col-left-region>
New York Times – Editorial Board
A year and a half into his mayoralty, it’s now Bill de Blasio’s New York. So is the city starting to look like the one he promised to build, one where the poor and the working class can afford to live?
Socialism, American-Style<http://www.nytimes.com/2015/07/23/opinion/socialism-american-style.html?action=click&pgtype=Homepage&module=opinion-c-col-right-region®ion=opinion-c-col-right-region&WT.nav=opinion-c-col-right-region>
New York Times – Gar Alperovitz and Thomas M. Hanna
[I]n an oddly fitting twist, these days the mantra of public control in exchange for lower taxes has been embraced by a surprising quarter of the American political leadership: conservatives.
I.R.S. Targets Tax Dodge by Private Equity Firms<http://www.nytimes.com/2015/07/23/business/irs-targets-tax-dodge-by-private-equity-firms.html?ref=business>
New York Times – Gretchen Morgenson
The Internal Revenue Service on Wednesday proposed a rule aimed at ending a common and lucrative practice among private equity firms that allows them to artificially lower their partners’ personal income tax bills.
In labor victory, fast food workers in New York will get a $15 minimum wage<http://www.washingtonpost.com/blogs/wonkblog/wp/2015/07/22/in-labor-victory-fast-food-workers-in-new-york-will-get-a-15-minimum-wage/>
Wonkblog – Lydia DePillis
The boost comes as a result of Gov. Andrew Cuomo's decision to convene a Wage Board, which has the power to set a new minimum for the fast food industry's 200,000 workers in New York without the approval of the state legislature. On Wednesday, the Board recommended that the new floor be phased in, rising to $15 by the end of 2018 in New York City, and July of 2021 for the rest of the state.
Uber triumphs as New York City officials abandon plans to limit transportation company<http://www.washingtonpost.com/blogs/wonkblog/wp/2015/07/22/uber-triumphs-as-new-york-city-officials-abandon-plans-to-limit-transportation-company/>
Wonkblog – Emily Badger
Officials here on Wednesday abruptly abandoned plans to rein in the powerful tech and transit company Uber, dropping a fiercely contested proposal to cap the company's growth in its largest market.
#BlackLivesMatter shows there are problems in American life that can't be blamed on the rich<http://www.vox.com/2015/7/22/9014931/blacklivesmatter-and-populism>
Vox – Matthew Yglesias
The bad run-ins with #BlackLivesMatter activists that Bernie Sanders and Martin O'Malley had at the Netroots Nation conference were in part verbal gaffes, failures to identify in a linguistically appropriate way with the specific claims about racial justice that BLM activists are trying to advance. But Julia Azari, a political scientist at Marquette University, points out that there's a deeper tension between economic populism and the cause of racial justice.
Is the push for a $15-an-hour minimum wage a good idea?<http://www.vox.com/2015/6/11/8767021/fight-for-15-minimum-wage>
Vox – Matthew Yglesias
The $15 figure is not an accident, but it's also not the product of careful research. It's a slogan from an activist movement — Fight for $15 — that's been working for years and is now racking up an impressive series of policy wins.
Political News | Back to Top
Sanders rallies for $15 minimum wage<http://thehill.com/regulation/legislation/248809-bernie-sanders-calls-for-15-minimum-wage>
The Hill – Tim Devaney
The Democratic presidential candidate is pushing legislation that would raise the minimum wage for all workers to $15 an hour by 2020. It’s part of a larger effort by Sanders to turn the spotlight on income inequality on the campaign trail.
Capitol Food Workers Bring Income Inequality to Congress’ Front Step<http://blogs.rollcall.com/hill-blotter/capitol-food-workers-bring-income-inequality-to-congress-steps/?dcz=>
Roll Call – Bridget Bowman
The previous Capitol protests called on President Barack Obama to take executive action to raise contract-worker wages, which would not have affected workers in the legislative branch. But on Wednesday, workers called on Congress to raise the minimum wage, and presidential candidate and Sen. Bernard Sanders, I-Vt., and Rep. Keith Ellison, D-Minn., announced at the rally they would introduce legislation to more than double the federal minimum wage to $15 an hour.
Oya Aktas
Intern
Washington Center for Equitable Growth
[email protected]<mailto:[email protected]> | (918) 557-5014
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