logo
After House Republicans ignored her appeals, Lisa Murkowski's vote looks even worse

After House Republicans ignored her appeals, Lisa Murkowski's vote looks even worse

Yahoo21 hours ago
Three Senate Republicans balked at their party's domestic policy megabill — the inaptly named One Big Beautiful Bill Act — but opponents of the far-right package needed a fourth. They thought Sen. Lisa Murkowski of Alaska would rescue the nation from the consequences of the radical legislation, but GOP leaders offered a series of carve-outs and schemes that would help shield her home state from the effects of the party's agenda.
But after Murkowski cast the deciding vote, she did something unexpected. In fact, she took two unexpected steps.
First, the Alaskan trashed the reconciliation package shortly after voting for it, which was every bit as odd as it sounds. 'Do I like this bill? No,' she told NBC News. The senator added, by way of social media: '[L]et's not kid ourselves. ... While we have worked to improve the present bill for Alaska, it is not good enough for the rest of our nation — and we all know it.'
Second, Murkowski effectively asked the Republican-led House not to pass the bill she had just voted for. 'My sincere hope is that this is not the final product,' she wrote online. 'This bill needs more work across chambers and is not ready for the president's desk. We need to work together to get this right.'
That came on the heels of related comments the GOP senator made to reporters on Capitol Hill. 'We do not have a perfect bill by any stretch of the imagination. My hope is that the House is going to look at this and recognize that we're not there yet.'
Not only did House Republican leaders ignore Murkowski's appeals, they never even considered the possibility. Politico reported:
House GOP holdouts who wanted a last-minute rewrite of President Donald Trump's megabill never had a chance, Majority Leader Steve Scalise said in an interview Thursday. 'For a long time, there were members that really thought there was a chance the bill was going to get opened up again to amendment,' the Louisiana Republican said as the House neared a final vote on the bill. 'It became clear from the president's meeting at the White House to further conversations later that, for all the back and forth, you know, the bill's closed, there's going to be no more amendments to the bill.'
And that, of course, makes Murkowski's decision look even worse.
The Alaska Republican not only had an opportunity to derail the most regressive proposal in at least a generation, she also had an opportunity to use her considerable leverage to make it better. Instead, Murkowski passed the buck, hoping the House might help clean up the mess.
These misguided wishes led her to vote for a bill that, by her own admission, 'is not good enough' for the nation and 'not ready' to be signed into law.
Too many GOP lawmakers somehow convinced themselves that the party's megabill had real merit and would deliver great results. Murkowski, however, knew better — and she chose to advance it anyway. History will not be kind.
This article was originally published on MSNBC.com
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Carville: GOP megabill passage will be seen as ‘mass extinction event'
Carville: GOP megabill passage will be seen as ‘mass extinction event'

The Hill

time35 minutes ago

  • The Hill

Carville: GOP megabill passage will be seen as ‘mass extinction event'

Veteran Democratic strategist James Carville said during a recent interview that the Republican tax and spending bill, which President Trump is expected to sign on Friday, will be seen as a 'mass extinction event,' predicting that the Democratic Party will pick up more than 40 House seats in the 2026 midterms. 'And I like with the unified party, every Democrat voted against this. Every Democrat, regardless of the ideology, their ethnicity…we can all rally around this, and we can run on this single issue all the way to 2026. And Paul is right, we're going to pick up more than 40 House seats,' Carville, the former strategist for ex-President Clinton's campaign, said during a Thursday appearance on CNN's 'Anderson Cooper 360.' 'I can tell you what the poll says today, the Democrat in New Jersey is up 20 points. That's in a state that we won by two and a half or two in 2021. I mean, you know, political anthropologists are going to look back at this and it's going to be called a mass extinction event because there are a lot of them are going to be extinct,' Carville told host Anderson Cooper. The House GOP passed President Trump's 'big, beautiful bill' on Thursday, sending it to the president who is expected to sign it on Friday evening. The package, which was adopted with a 218-214 vote, contains the president's major spending priorities, extending the 2017 tax cuts and also cuts to Medicaid, which some Republican members of both chambers have expressed concerns about. All but two House Republicans – Reps. Thomas Massie (Ky.) and Brian Fitzpatrick (Pa.) – voted for the package on Thursday. All Democrats voted against the bill. Trump hammered Democrats late Thursday during his rally in Des Moines, Iowa, saying he hates them for not supporting the massive package and that Republicans will be able to benefit from it politically when midterm elections come around. 'All of the things we did with the tax cuts and rebuilding our military, not one Democrat voted for us. And I think we use it in the campaign that's coming up, the midterms,' Trump told the crowd. 'But all of the things that we've given, and they wouldn't vote. Only because they hate Trump. But I hate them, too. You know that? I really do, I hate them,' the president added. 'I cannot stand them, because I really believe they hate our country, you want to know the truth.' Carville said Thursday that 'when people go to the polls voting for this, I promise you, I promise you, this thing is really, it's like 25, 26 points underwater already.' 'And we haven't even started our education program,' the longtime operative added.

Democratic Congressman Suozzi's $50,000 stock sale took advantage of a loophole in Congressional disclosure rules
Democratic Congressman Suozzi's $50,000 stock sale took advantage of a loophole in Congressional disclosure rules

Yahoo

time37 minutes ago

  • Yahoo

Democratic Congressman Suozzi's $50,000 stock sale took advantage of a loophole in Congressional disclosure rules

Rep. Tom Suozzi (D-N.Y.) sold up to $50,000 of Global Industrial Co. stock in March 2025, despite never publicly disclosing ownership due to a now-closed loophole in federal law. Suozzi received the stock as unvested compensation in 2023 and did not report it, citing then-current disclosure rules. He has a history of delayed or missing disclosures and past violations of the STOCK Act. WASHINGTON — When Rep. Tom Suozzi (D-N.Y.) sold a chunk of his personal stock holdings two days before President Donald Trump's 'Liberation Day' tariff announcements in April, the transaction appeared to be yet another routine financial move for someone Congress itself once investigated for his often opaque trading habits. But Suozzi's March 31 sale of up to $50,000 worth of Global Industrial Co. stock is notable for what it's not: The congressman has never publicly disclosed owning the stock, prompting the question of how a federal lawmaker can sell a security he doesn't appear to own in the first place. The answer? Suozzi simply didn't disclose his Global Industrial Co. stock, which he obtained more than two years ago, because of an apparent loophole in federal law—a loophole recently closed by Congress to address stock situations precisely like Suozzi's, according to a Fortune review of federal documents and interviews with government officials. Suozzi's mysterious stock trade comes at a time when a bipartisan coalition in Congress are agitating to ban federal lawmakers from trading stocks altogether. They cite what they regard as abuses of a financial disclosure law known as the Stop Trading on Congressional Knowledge Act. Suozzi has violated the STOCK Act's disclosure provision on four different occasions earlier this decade, according to media reports. House Speaker Mike Johnson (R-La.), House Minority Leader Hakeem Jeffries (D-N.Y.) and even President Donald Trump have offered support, in principle, for a congressional stock-trade ban. Suozzi's congressional office told Fortune the congressman has done nothing wrong by not yet reporting his Global Industrial Co. stock ownership, arguing that he followed congressional rules that applied to him when he last filed mandatory personal financial disclosures in 2024. 'Congressman Suozzi has complied completely with the rules of House Ethics,' Suozzi Chief of Staff Matt Fried told Fortune. Suozzi's latest stock saga began in June 2023. That month, according to Securities and Exchange Commission records, Suozzi received $50,000 worth of restricted, unvested stock in Global Industrial Co., while serving as a 'non-management director' of the company after leaving Congress earlier that year following a failed campaign for governor of New York. Later that year, Suozzi decided to run in a special election for New York's 3rd Congressional District seat, which Rep. George Santos (R-N.Y.) vacated after the House of Representatives expelled him amid a swathe of federal criminal charges on which he was later csentenced to more than seven years in prisononvicted. When Suozzi filed a mandatory candidate financial disclosure report on January 12, 2024, he did not disclose his stock in Global Industries Co. The company markets industrial and repair products through various e-commerce websites. Nor did he disclose it in two subsequent financial disclosures, in August and September of 2024, after he won his congressional seat in February 2024. The three financial disclosures applied to Suozzi's personal financial activity during 2023. Fried explained that Suozzi's Global Industries Co. stock 'had not vested and had no value' when Suozzi filed his personal financial disclosure in January 2024. Because House Committee on Ethics financial disclosure rules at the time did not specifically address unvested stock holdings, Suozzi did not disclose his Global Industries Co. stock holding, Fried said. However, Suozzi's Global Industries Co. stock did vest at some point between Suozzi's financial disclosure on Jan. 12, 2024, and his swearing-in to Congress on Feb. 28, 2024, Fried said. The Global Industries Co. stock 'will be reflected' when Suozzi discloses his 2024 personal financial activity in a document that must be filed by August 2025, Fried said. In May, Suozzi requested, and received, a 90-day extension to file it., Fried said. When the House Committee on Ethics released updated disclosure rules earlier this year, it included new language directly addressing the kind of situation Suozzi finds himself in, although it doesn't appear to apply to members of Congress retroactively. 'You are required to disclose for yourself, your spouse, or dependent children your participation in a restricted stock plan if the value of stock was more than $1,000 at the end of the reporting period or earned more than $200 in income during the reporting period,' the House guidance reads. 'Provide the name of the unvested stock (vested stock should be disclosed on a separate line item), value, type of income and amount.' Tom Rust, chief counsel for the House Committee on Ethics, declined to comment. 'These disclosure requirements are important because they're the only sort of ethical obligation members of Congress have been willing to impose on themselves,' said Walter Shaub, a former director of the U.S. Office of Government Ethics. 'If they'd finally pass the long-languishing stock trading ban to uphold the bedrock ethical principle of avoiding conflicts of interest, they wouldn't have to worry about these disclosures.' In 2021, NPR reported — citing research from the Campaign Legal Center, a nonpartisan watchdog group — that Suozzi failed to properly disclose about 300 financial transactions. Separately, Business Insider reported that Suozzi — on three different occasions in March, May and December of 2022 — violated the STOCK Act by waiting months or years past a federal deadline to disclose dozens of additional stock trades. 'Quite frankly, we have a lot going on in Congress. I have a lot of other stuff going on. And it's just not—ethics is a big priority for me. But the—some of the formalities are not necessarily something I make a priority of,' Suozzi told the independent Office of Congressional Ethics in 2022 during its investigation of his stock trading practices, while noting a financial adviser directed his trades. The Office of Congressional Ethics's board unanimously referred Suozzi to the House Committee on Ethics, writing that there was 'substantial reason to believe' Suozzi had failed to properly disclose hundreds of personal stock trades. But the House Committee on Ethics, which members of Congress themselves constitute, unanimously concluded in July 2022 that there 'was not clear evidence' that Suozzi committed a 'knowing or willful' violation of the STOCK Act. The committee declined to penalize him. In his second stint as a congressman, Suozzi is a member of the House Committee on Ways and Means, which is responsible for tax-writing, revenue-raising and other core government financial functions. He sits on the committee's oversight and tax subcommittees, as well. Fried, Suozzi's chief of staff, said Suozzi backs the Bipartisan Restoring Faith in Government Act of 2025, one of several pending bills that, if passed, would ban or otherwise limit members of Congress from trading individual stocks. On May 5, Suozzi became a co-sponsor of the bill, which is also sponsored by 10 other ideologically diverse lawmakers ranging from Reps. Brian Fitzpatrick (R-Pa.) to Alexandria Ocasio-Cortez (D-N.Y.). When Suozzi sold his Global Industrial Co. stock on March 31, it was trading around $22 per share — down from about $27 a share when he obtained it in June 2023. It's the only stock trade Suozzi has reported making this year after reporting making just a handful last year. 'The congressman has made a point of not buying or selling stock since his new term began in January,' Fried said. 'This was his only trade. It was done to raise money to pay fees to his financial adviser. This stock was sold because it was the only stock in which he had no capital gains.' Dave Levinthal is a Washington, D.C.-based investigative journalist. Dave previously worked as editor-in-chief of Raw Story, deputy editor at Business Insider and as an editor or reporter at the Center for Public Integrity, Politico, OpenSecrets and the Dallas Morning News. He has also written for The Atlantic, TIME, Rolling Stone, Columbia Journalism Review, the Daily Beast, NOTUS and The Ankler. This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Trump criticized for using antisemitic slur in Iowa speech
Trump criticized for using antisemitic slur in Iowa speech

Yahoo

timean hour ago

  • Yahoo

Trump criticized for using antisemitic slur in Iowa speech

Jewish advocacy groups slammed President Donald Trump for using an anti-Semitic descriptor on Thursday during his Iowa speech celebrating the passage of his spending bill. Trump used the term "Shylocks," which evokes a centuries-old antisemitic trope about Jewish people and greed, to talk about the tax changes in the bill. "No death tax, no estate tax, no going to the banks and bar exam from, in some cases a fine banker, and in some cases Shylocks and bad people, but they took away a lot of family. They destroyed a lot of families, but we did the opposite," he told the crowd. Shylock is a reference to the name of the Jewish moneylender and villain in playwright William Shakespeare's "The Merchant of Venice" who demands a "pound of flesh" from protagonist Antonio. MORE: Trump admin live updates The Anti-Defamation League on Friday morning criticized the president, reiterating that the term is "extremely offensive and dangerous." "President Trump's use of the term is very troubling and irresponsible. It underscores how lies and conspiracies about Jews remain deeply entrenched in our country. Words from our leaders matter and we expect more from the President of the United States," the organization said in a statement. Amy Spitalnick, the CEO of the Jewish Council for Public Affairs, also condemned Trump's comments, saying in a statement it was one of "the most quintessential antisemitic stereotypes." "This is not an accident. It follows years in which Trump has normalized antisemitic tropes and conspiracy theories -- and it's deeply dangerous," she added. Trump was asked about his use of the word after he returned to Washington D.C. early Friday. The president, who has made combating antisemitism in schools a priority in his administration, claimed he has "never heard it that way." "To me, Shylock is somebody that's a money lender at high rates. I've never heard it that way. You view it differently than me. I've never heard that," Trump claimed. MORE: Video Concerns grow over the rise in incidents of antisemitic hate crimes This is not the first time that an executive branch member came under fire for using the term. In 2014, then-Vice President Joe Biden took heat for using the term during the 40th anniversary celebration of the Legal Services Corporation, referring to predatory bankers as "these Shylocks who took advantage of these women and men while overseas." Biden apologized after then-Anti-Defamation League National Director Abraham Foxman criticized the use of the term. "He's correct, it was a poor choice of words, particularly as he said coming from 'someone as friendly to the Jewish community and open and tolerant an individual as is Vice President Joe Biden.' He's right," Biden said in a statement. ABC News' Benjamin Siegel contributed to this report.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store