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Topics in the News: Privatization


Julian Castro on Welfare & Poverty : Jul 17, 2019
Construction funding & rent subsidies for affordable housing

Castro on Affordable Housing: Combination of construction funding and rent subsidies.

ONE CANDIDATE HAS SIMILAR VIEWS: Cory Booker.

A few candidates have called for a two-pronged approach, combining rent relief with efforts to increase construction. Sen. Cory Booker's plan would give renters a refundable tax credit to cover the shortfall between 30 percent of their income and rent while directing $40 billion a year to the Housing Trust Fund to build and operate rental housing for low-income people.

Julian Castro, a former secretary of the Department of Housing and Urban Development in the Obama administration, would expand the Housing Voucher Program and create a tax credit for renters. To increase the supply of affordable housing, he would expand the Low Income Housing Tax Credit and boost funding for two trust funds to develop and improve public housing by $45 billion.

Click for Julian Castro on other issues.   Source: Politico "2020Dems on the Issues"

Beto O`Rourke on Tax Reform : Jun 24, 2019
War tax on non-military households to support vet healthcare

Non-military households would pay a "war tax" to help cover the health care of veterans under a plan O`Rourke's campaign unveiled. Money collected would go into a new trust fund for veterans. Households making less than $30,000 per year would pay $25; less than $40,000 would pay $57; less than $50,000 would pay $98; less than $75,000 would pay $164; less than $100,000 would pay $270; less than $200,000 would pay $485; and those making more than $200,000 would pay $1,000.
Click for Beto O`Rourke on other issues.   Source: CNN.com coverage of 2020 Democratic primary

Mike Gravel on Civil Rights : Apr 9, 2019
$30 billion per year for National Reparations Trust Fund

Over its history, the American government has participated in systematic disenfranchisement of and discrimination against significant groups of people, whose descendants still suffer today. The examples are endless: from slavery to Jim Crow to Native American treaty violations.

The US should create a National Commission on Reparations, to assess claims from descendants of those affected by discriminatory government policies. [Then], establish a National Reparations Trust Fund (NRTF), funded by an infusion of $30 billion per year from government coffers. Each year, 20 percent of the fund would be paid out; 25 percent of this money would go toward programs to benefit historically black colleges and universities, Native American communities, and education in low-income communities hurt by policies like redlining. The other 75 percent would be paid out directly to those on the list of disadvantaged groups.

Click for Mike Gravel on other issues.   Source: 2020 Presidential campaign website MikeGravel.com

Marianne Williamson on Social Security : Apr 8, 2019
Raise cap on income & we can avoid privatization

Social Security was created to insure that our seniors can live in dignity without fear of poverty. Workers pay into a fund during their prime years, then get regular payments back when they stop working.

Social Security has worked well for generations to reduce poverty among seniors and the disabled. It is under attack today by Wall Street banks and related financial "service" entities who want to privatize it for no other reason than to tap into another new and huge source of income and bonuses.

To that end, opponents of Social Security have claimed over the last few years that it is running out of money soon. It is true that there could be problems with Social Security funding down the line, but they are quite easily solved by making modest changes, such as raising the cap on income subject to Social Security payroll tax. That simple modification can keep the system solvent indefinitely, without reducing benefits.

Click for Marianne Williamson on other issues.   Source: 2020 presidential campaign website Marianne2020.com

John Delaney on Energy & Oil : May 29, 2018
Gas tax has fallen since 1993, due to inflation

For years the U.S. government has imposed a small gas tax at the pump. These revenues go into a big pot called the Highway Trust Fund, which then doles out the money to states for surface transportation projects. Ninety percent of our country's roads, bridges, and transit projects are funded in this way--and for a long time, the fund was self-sufficient, meaning the gas tax covered the cost of maintaining and improving our transportation infrastructure.

The gas tax isn't indexed to inflation, however, so the value of the revenue it brings in goes down over time. And because we haven't raised the tax since 1993, a quarter century ago, the Highway Trust Fund now runs at a shortfall, which means that every five years, Congress has to scrape together some additional money to subsidize it.

Click for John Delaney on other issues.   Source: The Right Answer, by Rep. John Delaney, p.132

Larry Hogan on Environment : Feb 1, 2017
Reduce nitrogen, phosphorus, and sediment in Chesapeake Bay

We have been leading with bold initiatives to safeguard our environment: