Truthout
Economy
Canceling Student Debt Is Morally Right. It’s Also Good Politics for Democrats.
Anything less than universal student debt cancellation would be a mistake.
Boris Johnson Rejects Windfall Tax on Massive BP Profits as Gas Prices Soar
Johnson claims the profits go to investment, but 60 percent has been going to share buybacks.
On May Day, Let’s Make Bold Demands for Democracy at Work and in the Streets
People in Los Angeles are launching a “municipalist movement” on May 1 with the aim of democratizing U.S. cities.
Sanders Ridicules Romney for Saying that Student Loan Cancellation Is a “Bribe”
“I know he thinks corporations are people, but does he know people are people?” Sanders asked.
GOP Senators Unveil Bill to Bar Biden From Canceling Student Debt
Republicans say that only the wealthy benefit from student loan cancellation, which evidence shows is untrue.
As Gas Prices Soared in 2021, Big Oil CEOs Got a Nearly $45 Million Raise
Twenty-eight major oil and gas CEOs collected a whopping $394 million in compensation in 2021.
Biden Says He Wants to Fulfill His Campaign Promise to Cancel Student Debt
In a meeting with lawmakers, Biden signaled that he may fulfill — and surpass — his long-vaunted campaign promise.
Bernie Sanders Urges Congress to Reject Bailout for Bezos Space Company
Sanders condemned legislation that, if approved, could provide the billionaire's company with a lucrative NASA contract.
Majority of Voters Support Biden’s Billionaire Income Tax, Poll Finds
Fifty-nine percent of likely voters support the proposal to levy a minimum tax on the ultrarich.
Leaked IRS Data Show the Very Richest Pay Lower Tax Rates Than the Merely Rich
An unprecedented trove of leaked data shows who reported the most income in the U.S. — as well as their tax rates.