With the 2020 election underway, the climate crisis has proven itself to be a primary concern for many voters. As it stands, the world is on track to pass its “carbon budget” of 1.5 degrees Celsius of warming, according to the IPCC’s 2018 Special Report on climate change.
Students Who Normally Disagree Come Together on Taxing of Millionaires
Over the summer, Speaker of the House John Boehner and President Barack Obama held several talks to try to negotiate a long term deal on the deficit. They were making serious strides in a major compromise, which would have created the first concrete plan to solve our nation’s growing economic crisis. President Obama made a major political sacrifice by putting Medicare and Social security cuts on the table during the talks. In return, the President asked of the Speaker to include revenue into the deal. These included closing corporate tax loopholes, ending federal subsidies for oil companies which are recording record profits, and slight tax increases on those making over one million dollars a year. Those talks subsequently broke down.
