Amazon.com Inc. is firing back at Rep. Alexandria Ocasio-Cortez over comments the New York Democrat made over worker pay at the tech giant, saying she’s “just wrong.”
Appearing Sunday on ABC’s “This Week,” Ocasio-Cortez said Amazon
Chief Executive Jeff Bezos may have attained his billionaire status in part by paying workers what she called “starvation wages.” “When you have a very large workforce and you underpay every single person and then you also participate in taking billions of dollars of government subsidies, that could be part of it,” she said. Amazon took to Twitter on Monday morning to rebut her, saying it is “a leader on pay at $15 min wage + full benefits from day one. We also lobby to raise federal min wage.”
Wall Street backs Biden (and Buttigieg and Harris): Big financial donors appear to have settled on a few favorites in the 2020 Democratic primary, the New York Times reports: Joe Biden, Sen. Kamala Harris of California and Mayor Pete Buttigieg of South Bend, Ind. That could give them a huge leg up on fund-raising.
Among the big-name supporters are hedge-fund mogul Jim Chanos for Biden; Citigroup
Vice Chairman Ray McGuire for Harris; and Tony James, the executive vice chairman of Blackstone
for Buttigieg. Donors, writes the Times, like Biden’s ideological moderation and poll standing against President Donald Trump; Harris’s potential in primary contests and prospects of assembling an Obama-like multi-ethnic coalition; and Buttigieg’s youth, intellect and charisma.
Democrats attack Trump tax cuts: With corporate tax revenue falling again this year after dropping 31% last year, as Politico reported Friday, Democratic presidential hopefuls have a fresh line of attack. As the Washington Post writes, they are eager to cast Trump’s signature domestic achievement, the 2017 tax overhaul, as a giveaway to the rich while proposing to roll it back to fund pricey policy proposals.
The critique from Biden and Sen. Bernie Sanders has been largely the same, says the Post: Trump and the GOP blew a hole in the budget with a needless giveaway to corporations and the super wealthy, thereby denying resources to lower- and middle-income workers. Meanwhile, Sen. Elizabeth Warren of Massachusetts proposes to go much further than repealing Trump’s tax cuts. She’s advocating a series of new tax hikes concentrated on the wealthy to fund an ambitious array of new programs.
Republicans nervous over shutdown: The Hill writes Trump’s focus on immigration and desire for a border wall are making GOP lawmakers nervous that lagging talks on a budget deal could further bog down and lead to another government shutdown. Trump is demanding $5 billion in border wall funding as part of a deal that would put limits on federal spending and raise the debt ceiling.
The Hill said a senior administration official on Friday said the Senate should put together spending bills that fund the president’s border wall request. The Republican Senate could then negotiate with Democrats in the House on compromise versions of the spending bills later this year. But Senate Appropriations Committee Chairman Richard Shelby and other Senate Republicans see that as a risky strategy that could lead to another stalemate and potential government shutdown at the end of the year.