On Friday, the Republican National Committee passed a resolution calling for a repeal of the Foreign Account Tax Compliance Act (FATCA), effectively endorsing offshore tax evasion. FATCA was passed in 2010 and requires foreign banks to report deposit information on account holders from the United States, a requirement that U.S. banks must comply with. The purpose of the law is to prevent U.S. citizens from evading taxes by stashing their money in offshore accounts. If the repeal became law, Global Financial Integrity (GFI), a nonpartisan research and advocacy organization, projects that the U.S. budget deficit would balloon by billions of dollars.
The U.S. Supreme Court declined to lift 30-year restrictions on a Republican National Committee (RNC) program that intimidates voters in communities of color. The Supreme Court did not comment on this decision.
The restriction came about after the Democratic National Committee (DNC) sued the RNC for enlisting off-duty sheriffs and police officers to patrol polling places in minority precincts in New Jersey during a 1981 gubernatorial election. The next year, the RNC agreed not to carry out some programs it claimed were designed to combat voter fraud and to have the other reviewed by a federal court.
Last week, we discussed that the Republican Party platform is a road map to dismantle workers’ rights. Steven Greenhouse of The New York Times says the Republican platform “calls for numerous steps that could significantly weaken America’s labor unions” and, for the first time in years, doesn’t even acknowledge the right to form unions.
Tonight Mitt Romney tried to reinvent himself, appealing to Americans’ aspirations and hunger to come together while trying to show his personal side. But his policy proposals or record do not reflect the kind of America where working families get a fair shake. Whether it's proposing to cut back severely on Medicaid, forcing seniors on fixed incomes to pay more out of pocket for their health care or cutting taxes for the wealthiest Americans, the Romney-Ryan budget doubles down on the failed economic policies that brought on the economic crisis in the first place.
He touted his business experience, despite his business record as an outsourcer. He called out divisiveness, despite proposals that would provide bigger income disparities and ignored Republican obstructionism for the past two years..
The AFL-CIO will be offering live responses to the Republican National Convention on Wednesday and Thursday nights, as Paul Ryan and Mitt Romney offer their "vision" for America. Paul Ryan will be speaking tonight at 10 p.m., and Mitt Romney, Thursday night at 10 p.m.
New Jersey Gov. Chris Christie, in the same breath as praising the “greatest generation” who built factories, farms and taught our nation's children, attacked those workers’ right to join together to improve their workplaces and those they serve, during his Republican National Convention (RNC) speech last night.
Christie decided to bash teachers’ unions and public sector workers, instead of offering positive solutions to strengthen the U.S. economy.
The Republican National Committee (RNC) used a call center based in the Philippines to hold a media conference attacking President Obama's economic record, the Chicago Sun-Times reported today. The RNC responded to the revelation by pointing out that the call was run by Verizon.
Wow. How sweet! We didn’t even know they cared. The Republican National Committee (RNC) has launched an e-Valentine’s Day card website where you can send a card, adorned with the faces of people who certainly aren’t the RNC’s sweethearts and carrying what passes for Republican humor messages.