, Our work is not finished yet. ‘Nancy Pelosi is trying to save the economy of America Again

Nancy Pelosi was losing patience. It was the middle of March, and the president of the Chamber and its staff work around the clock to process urgent laws to meet the crown pandemic. But the White House drags her feet: she had not received a response from Finance Minister Steven Mnuchin, his companion to negotiate in more than 12 hours. Pelosi said Mnuchin the delay is not acceptable, and has gotten the message. The next morning, Pelosi boasted that its employees have been through 4 were in the morning put the finishing touches to the families before answering Crown Law pm, the funding available for the free trial, paid holidays and good foam meal. “I’m not impressed,” said Pelosi. “We do all the time.” While the pandemic takes tens of thousands of lives and tens of millions of jobs, known entered a convention for the dysfunction in movement. Four huge bills with a price of about $3 Katherine tried to help the sick, the health care system on the basis of workers and to alleviate and companies. It is the largest federal effort in history, the answer to the financial crisis of 2008 represents the shadows, and as a speaker, Pelosi is naturally at the center of it. Before the ink was dry $484 billion small business bailout to date, she was on the phone trying to do was devastated by the fiscal crisis following to help state and local governments whose budgets. Karen Bass as a representative, a California Democrat, Politician said recently: “Quiet as it is kept, is that now runs the country.” Precisely because it is an act of frozen Government required the pandemic Pelosi legislative talent to watch mails urgent. It is a key to equip their historic three-decade career. Many scientists are looking for Pelosi, the majority of lawmakers, customized design in the last half-century society for decades his record of legislation in the light of the Congress party and paralyzed. While Republicans accuse their obstructive, and a bit ‘on the left side of his giving accuse the store, Pelosi believes that maximize its influence at a time when inaction is not an option. The legislative powers Pelosi indicated in the crisis has honed over years of negotiations, often linked to the fate of the economy in limbo. As spokesman for 2007-2011, was in the US response to the 2008 financial crisis and subsequent recession instrumental. As leader of the 2011-2017 minority, they have forged offered in high-stakes budget battles between President Obama and Republicans in Congress. For my new biography, Pelosi, I spent more than two years to explore the life and career spokesperson. I have conducted more than 100 interviews with critics and supporters, activists and officials, current and former employees and dozens of current and former members of Congress from across the political spectrum. E ‘the first biography of the speaker has worked with, the global access to Pelosi and its inner circle. I thought it was someone everyone has an opinion on, but only a few really know. Republicans have tens of millions of dollars over the past ten years, which, while Democrats, who once fought for their dismissal embraced as a caricature spent “San Francisco liberal” as a drag queen. Woman Trump State of the Union torn and most of the partisans led impeachment in history is a loyal Democrat, but deep down she is a bargain manufacturer legislator-an old school whose goal has always done things by negotiation and compromise. Pelosi guide assures to deliver the votes. “Who would have thought could happen Congress four important laws within a month with the overwhelming support of both parties?”, Says the former Representative Donna Edwards of Maryland, a one-time lieutenant Pelosi. “You can do both in their command of the substance to see and also to operate the process. You are not a politician; it is” Once a legislator. Since 1987 Pelosi in Congress, America has embraced and endure massive change. But no one ever quite like this, a double-barreled public health and the economic crisis faced some of unprecedented proportions. In what is probably the twilight of historical career Pelosi, a lot is riding on their ability to re-deliver the votes. This was not the first time, Nancy Pelosi called Save as a Republican president to help the US economy from collapse. On 18 September 2008, the so-called Treasury Secretary Hank Paulson Pelosi with panic in his voice. “Developed a very serious situation,” he said. The investment bank Lehman Brothers declared the biggest bankruptcy in US history. The Federal Reserve and the administration had done everything they could, Paulson said. They needed the help of Congress quickly. The Troubled Asset Relief Program (TARP) would buy the Fed allows banks to toxic assets “stabilize their debt burden, would not you go broke. The plan would cost hundreds of billions of dollars. It ‘was repugnant to both parties: Republicans hated the idea of ​​government in the economy so drastically interfere (and spend so much taxpayer money to do so), while Democrats do not want to clean up the mess that was the birth of President George W. Bush he accused. More than a week of intense negotiations, hammered Congress and the administration of an invoice. Pelosi and her GOP counterpart, John Boehner, has made a deal: Boehner would come with 100 Republican votes, and the Democrats would form the rest at least 118 Pelosi has done their part: 140 of 235 Democrats voted yes. But on the Republican side, only 65 of the 198 were in favor, and walked the bill. the drop 778 points Dow was to wipe out the biggest one day loss in history at the time, $1.2 Katherine wealth. A week later, Pelosi led a new bill on the ground, a compromise worked out in the Senate. He passed 263 in favor, 71 172 Democrats and 91 Republicans for it. It disasters a central role in saving the US economy from Bush played and set free, for the good of the country, the huge political risk. After Barack Obama won the election a few weeks later, the economy was still recovering each month to pay hundreds of thousands of jobs. Obama wanted to house a set of stimuli that make her first day in office to sign. The price would be enormous. The White House has sought to more than $800 billion in TARP largest stimulus. As a percentage of GDP, it would be the largest public investment in US history. Obama is trying to reach the GOP, although Pelosi warned that it was naive. Charlie Dent, a moderate Pennsylvania Republican was invited to the Super Bowl to the White House to see where his wife Michelle chatted with her children played with Sasha and Malia Obama. Eventually Dent voted against the law and blamed Pelosi. “I think the president was absolutely sincere on both sides to an achievement in research,” he told Newsweek. “But the White House has lost control of the process, when the bill was assigned to Pelosi.” Every single Republican voted against the stimulus, as did 11 Democrats. But it is performed as before with a healthy margin. The key to Obama’s triumph was held together not his ability to reach across the aisle, but Pelosi skills in their caucus. Over the next two years Pelosi Obama helped the Affordable Care Act, universal access to health insurance-something Democrats had tried and still happen for the better part of a century to achieve. In the 2010 midterms, Republicans launched them as the bad guy to spend $70 million for ads that Democratic candidates she related. The chairman of the Republican National Committee began a 117-city “Fire Pelosi” bus tour. It worked: in November, the GOP has 63 seats and the majority. Pelosi remained as minority leader of Obama and the new speaker, Boehner, trying to figure out a way to make a deal to balance the books of the country and restore the confidence of Americans back to the government. If Pelosi learned about the conversation, it was willing to cut Obama criticized complaints publicly as Social Security and Medicare, the totemic results of the last democratic governments that millions of poverty and disease had been spared. Obama privately assured that if he needs it, she would be there. But who wanted to know was to count the votes? The Republicans, he suspected they were just through the motions, we are waiting for the president to blame if the deal collapsed. Within a few weeks, which was exactly what happened. On the eve of a national standard, which could have shocked the market and sent the fragile economic spiral, the Congress took over the talks. The solution came out congressional leaders, had no reason: no law reform, no new taxes, but the formation of a “supercommittee” bipartisan 10 weeks to have more than a trillion dollars in cuts and revenue. this does not happen, then activate automatic across-the-cuts would be to the entire federal budget. Pelosi, now set for major concessions table: the trigger would be done to spend just as difficult as domestic defense spending, and there would be no changes to Social Security, Medicare or Medicaid. Democrats hated the deal Representative Emanuel Cleaver, a pastor from Kansas City, Missouri, is a “sugar-coated Satan sandwich”, but with 95 Democratic votes wheels called bill. This model could define the rest of the Obama presidency: a cycle of crisis, the Democrats with the marginalized, recalcitrant Republicans, a White House who do not want or are not able, to develop strategies, and a government that hardly the could keep light on much less solve all the nation’s urgent problems. Another recurring feature of this depressing cycle: Pelosi to reach the Congress leader with the longest experience in the field, was regularly thrown away. When they broke into the room, the problems have been solved in general. But he did not seem responsible for the men who defray in the near future. Current efforts Pelosi have a political objective as the choice approaches in November it will show them that the Democrats focus responsibly govern. And ‘why focus the candidates questions and realistic plans is pushed the party on the kitchen table; It ‘also why they have resisted removal from office for the better part of a year, then pushed for a short and simple process. “It must be the message that non-threatening,” he said in December, when both impeachment and the presidential primaries in full swing. “People love the change, but they are also threatened by it.” The Liberal platform that resonates in their neighborhood of San Francisco, said, can not so well in swing states such as Michigan is that the Democrats win the Electoral College duty. He cited the single payer health care as an example: “I think you mean threatening to people to get tomorrow, we take away your private insurance.” Pelosi politician of the future is not something I talk about-the idea of ​​”Twilight” spoken of her career, but she grabbed me in 2018 took a limitation period agreement that would force them to resign in 2022 I, if for the first time in the book. Secretly he reveal said confident when he expected the current idea that they are the last ones. The legacy will be very complex leaves. As the first female speaker, he shook the “marble ceiling”, but dreams of a woman president in 2016 was disappointed and 2020, and leaves no obvious female successor. She cites the Affordable Care Act as their top performance, but Republicans have managed to undermine it and the Democrats do not support goes far enough. Despite their desire to matter, Congress is clogged mess with miserably low approval ratings. When I asked Pelosi what she wants yet reached, he pointed to the problem of income inequality and the “existential threat” of climate change. Pelosi House approved a bill cap-and-trade in 2009, but has never advanced in the Senate; Save a resolution last year to the Paris Agreement, it remains the only major climate legislation never be a home to pass the Congress. “Our work is not finished,” he said, “when it comes to improving the lives of the American people.” Taken from PELOSI ball Molly. Posted by Henry Holt and Company May 5, 2020 Copyright © 2020 Molly Ball. All rights reserved.
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