MIDDAY POSTER: Cuomo Boasts About Tax Cuts For Billionaires

Also: A federal public option could save billions on health care spending, while Democrats need to figure out how to plug oil and gas wells.
MIDDAY POSTER: Cuomo Boasts About Tax Cuts For Billionaires

During an announcement on the state’s new budget yesterday, New York Governor Andrew Cuomo made a case for the repeal of the SALT cap by pointing out that it would lower taxes on the state’s top earners.

Based on who has been bankrolling his campaign, it’s not surprising the governor is going to bat for billionaires.

ALSO:

  • New research shows that a federal public option could save billions on health care spending, but another approach would save even more.
  • Sens. Mitt Romney and Kyrsten Sinema’s new legislation is “a Trojan Horse to circumvent legislative norms for changing Social Security,” critics say.

The person tapped to be the Treasury Department’s first climate counselor likely won’t be making environmentalists very happy.


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