In the News
SAN FRANCISCO (CBS SF/BCN) – A bill being pushed this week by congressional Democrats would send as much as $240 a year to most American taxpayers for as long as oil prices stay high.
That's the annual amount of cash the sponsors of the Big Oil Windfall Profits Tax hope to generate if the bill is passed and signed into law.
Inflation is rankling voters, and the conventional wisdom in Washington is that sky high gas prices are a big liability for Congressional Democrats, who are already expected to lose seats in the fast-approaching midterm elections. Republicans have tried to place the blame for higher costs on the Biden Administration's green agenda—never mind that Democrats have struggled to implement those policies—while Democrats, particularly in the administration, tend to blame Russian President Vladimir Putin's ongoing war in Ukraine.
Inflation continues to be a hot topic for many in the Bay Area and others across the country.
Bay Area Congressman Ro Khanna held a town hall discussion over inflation at an East Bay grocery store to zero in on how it is impacting a working class community.
Khanna, a Democrat who represents California 17th Congressional District, assembled Newark city leaders, store owners and community members to discuss inflation during a townhall at Arteaga's Food Center.
Republicans are threatening to take over the House of Representatives in this year's midterm elections. More than 30 House Democrats are heading for the exits. And progressives have seen several major legislative proposals stall out.
But two progressive lawmakers in the House, Democratic Reps. Jamie Raskin and Ro Khanna, say they're developing a plan to turn around the cascade of bad news for their caucus.
Would you like to interview Ro Khanna? Progressive guy, co-chair of Bernie Sanders' 2020 campaign, congressman representing Silicon Valley, interpreter of Big Tech, cheerleader for Joe Biden who is trying, any way he can, to help the Democrats sell their accomplishments — or sell anything at all? Sure, it won't be a problem. Just tweet at him. He's always checking the replies. He does late-night TV and mainstream TV and partisan TV. Ben Shapiro, Katie Halper, Michael Moore, Brian Kilmeade, Christian Broadcast Network — he's done them all.
Congressman Ro Khanna is one of the most influential progressives inside the House Democratic Caucus. He represents California's 17th District — a large chunk of Silicon Valley. It's wealthy, influential and home to companies like Apple, Intel and Cisco Systems.
It's time for Democrats to accept that they will need to embrace a less ambitious version of the Build Back Better Act—President Joe Biden's currently defunct bill investing in health care, childcare, climate change, and education. So says Representative Ro Khanna, who has watched the bill that he and his fellow House Democrats passed last November get mired in Senate negotiations.
The House Oversight Committee on Thursday issued its second round of appearance requests to the oil and gas industry in an investigation into the role it has played in the spread of climate disinformation.
A U.S. congressional committee has invited board members at four oil majors to testify about the industry's role in climate change and spreading "disinformation," turning up the heat after lawmakers grilled CEOs last year.