While the president proposes paying for his proposals with a tax hike on corporations and wealthy Americans who earn more than $400,000 a year, the bipartisan group has been trying to figure out a compromise way to pay for its package.
Politics
Political news and information from the Sun Journal.
Posted inBusiness, Maine, Nation / World, Politics
Sen. Angus King takes aim at charitable money sitting in donor funds
Wealthy philanthropists have long enjoyed an advantageous way to give to charity: Using something called a donor-advised fund, they’ve been able to enjoy tax deductions and investment gains on their donations long before they give the money away
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Posted inBusiness, Maine, News, Politics
Mills signs bill authorizing spending of $1 billion in federal rescue plan funds
But the measure falls short of the two-thirds majority needed to become law immediately, so it won’t take effect until 90 days after the Legislature adjourns.
Posted inBusiness, Maine, News, Politics
House upholds Mills’ veto of bill to create consumer-owned utility
Supporters of the effort to force CMP and Versant to sell their assets to a consumer-owned utility have pledged to work to send the issue directly to voters next year.
Posted inElections, Lewiston-Auburn, Maine, Politics
Youngest state senator eyes challenge to Jared Golden for Maine congressional seat
Trey Stewart of Presque Isle is the second Republican to enter the 2nd District race in hopes of unseating a two-term Democrat.
Posted inMaine, News, Politics
Gov. Mills hasn’t announced bid for re-election, but has raised $575,000
The Janet Mills for Governor campaign reports that 3,268 donors gave an average of $140 each in the first half of 2021.
Posted inNation / World, Politics
Top Senate Democrat sets infrastructure vote, pressures lawmakers
Senators have struggled to reach final agreement on a $1 trillion package of highway, water systems and other public works projects.
Posted inNation / World, Politics
Breyer says he hasn’t decided when to retire from Supreme Court
The court’s oldest justice said his health would be the primary consideration in his eventual decision, with “the court” being a second factor.
Posted inMaine, Nation / World, Politics, Uncategorized
Sens. Collins and King unveil earmark funding requests for over 150 Maine projects
The senators’ requests total almost half a billion dollars; most of the earmarks submitted by Reps. Pingree and Golden advance.
Posted inNation / World, Politics
Biden pitches huge budget, says Democrats will ‘get a lot done’
Top Democrats reached agreement on a mammoth $3.5 trillion infrastructure package focusing on climate change, education, a Medicare expansion and more.