On The Money: Trump dismisses 'phony Emoluments Clause' after Doral criticism | Senate Dems signal support for domestic spending package | House panel to consider vaping tax

On The Money: Trump dismisses 'phony Emoluments Clause' after Doral criticism | Senate Dems signal support for domestic spending package | House panel to consider vaping tax
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THE BIG DEAL--Trump dismisses 'phony Emoluments Clause' after Doral criticism: President TrumpDonald John TrumpTrump faces high stakes in meeting with Erdoğan amid impeachment drama Democrats worry they don't have right candidate to beat Trump Trump threatening to fire Mulvaney: report MORE on Monday dismissed criticism that his since-reversed plan to host the Group of Seven (G-7) summit at his Doral property would have led to an ethics violation.

"I don't think you people, with this phony Emoluments Clause -- and by the way, I would say that it's cost anywhere from $2 billion to $5 billion to be president," Trump said during a Cabinet meeting at the White House

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Trump offered a lengthy defense of using his Doral resort near Miami to host next year's G-7 summit, and lashed out amid questions about the backlash to his earlier decision.

Trump insisted that he would not have profited off hosting world leaders, scores of journalists and other staff at his family's property near Miami. The president announced Saturday the White House would find a new location for the summit following criticism from lawmakers on both sides of the aisle.

"It would have been the best G-7 ever," Trump told reporters.

Background:

  • The Emoluments Clause prohibits elected federal officials from receiving gifts or contributions from foreign governments. 
  • Trump has repeatedly claimed the presidency has cost him billions of dollars.
  • Democrats have long alleged that Trump has used the presidency to bolster his business empire, citing frequent stays by administration officials and foreign representatives at Trump branded properties.
  • A lawsuit filed by congressional Democrats alleging Trump is violating the Emoluments Clause is working its way through the court system.

 

ON TAP TOMORROW

  • The Brookings Institution hosts an event entitled "How millennials think differently about climate change and national debt: Lessons for policymakers," 9 a.m.

 

LEADING THE DAY

Senate Dems signal they'll support domestic spending package: Top Senate Democrats signaled on Monday that they will support moving a package of four non-controversial government spending bills, breaking a months-long stalemate. 

"The first package of bills, four of the five are not controversial. ...On those four moving forward would be fine thing," Senate Minority Leader Charles SchumerCharles (Chuck) Ellis SchumerDivided Supreme Court leans toward allowing Trump to end DACA Ilhan Omar blasts Pete King as an 'Islamophobe' after he announces retirement: 'Good riddance' Top Senate Dem: Officials timed immigration policy around 2020 election MORE (D-N.Y.) said from the Senate floor.

Sen. Patrick LeahyPatrick Joseph LeahyCongress hunts for path out of spending stalemate This week: House kicks off public phase of impeachment inquiry Senators press NSA official over shuttered phone surveillance program MORE (D-Vt.), the top Democrat on the Appropriations Committee, added that the plan was "exactly what Sen. Shelby and I said should be done."

The takeaway: This bodes well for Republicans, who have teed up two packages of spending bills for the floor this week. 

  • The second package that Republicans want to move this week would include defense spending. 
  • But Schumer indicated on Monday that there were several appropriations bills, including defense, that Democrats would not support.

 

Warren unveils education plan quadrupling federal funding for public schools: Sen. Elizabeth WarrenElizabeth Ann WarrenDemocrats worry they don't have right candidate to beat Trump Overnight Energy: BLM staff face choice of relocation or resignation as agency moves | Trump says he's 'very much into climate' | EPA rule would expand limits on scientific studies Krystal Ball credits Gabbard's upswing in 2020 race to 'feckless' Democratic establishment MORE (D-Mass.)  is proposing a plan to quadruple federal funding for public schools with incentives for states to fund poor and rich schools more equally.

  • Warren's plan would quadruple Title I funding -- equivalent to an additional $450 billion -- over the next 10 years for pre-K-12 public schools. 
  • Warren also plans to invest an additional $100 billion over ten years in "excellence grants" to public schools, and an additional $50 billion in repairing and upgrading school buildings. 
  • In an effort to incentivize states to fund schools more equally, the new Title I funding would be conditioned on states "chipping in more funding and adopting and implementing more progressive funding formulas, so that more resources go to the schools and students that really need them."

 

House Dems ask judge to dismiss them from Trump lawsuit over New York tax return law: House Democrats on Monday urged a federal judge to dismiss them from President Trump's lawsuit challenging a New York law that allows congressional committees to request his state tax returns.

The Democratic-led Ways and Means Committee, Committee Chairman Richard NealRichard Edmund NealJudge sides with NY officials in Trump tax return lawsuit On The Money: US paid record .1B in tariffs in September | Dems ramp up oversight of 'opportunity zones' | Judge hints at letting House lawsuit over Trump tax returns proceed Judge hints at letting House lawsuit over Trump tax returns proceed MORE (D-Mass.) and committee aide Andrew Grossman -- who are all named as defendants in the lawsuit -- argued that Trump hasn't been harmed by them and that they are immune from the lawsuit under the Constitution's speech or debate clause.

The House's lawyers noted that the Ways and Means Committee is participating in the House's impeachment inquiry of Trump, and that the committee's deliberations related to any actions it could take as part of that inquiry are protected from a legal challenge.

Recap: New York enacted a law in July, known as the TRUST Act, that allows the chairs of Congress's tax committees to request public officials' state tax returns from the commissioner of the state's Department of Taxation and Finance.

Shortly after the bill's enactment, Trump filed a lawsuit in an effort to block the committee from obtaining his New York tax returns. Neal has not yet requested Trump's state tax returns, and has been more focused on trying to obtain the president's federal tax returns. The Democrats' filing states that the Ways and Means Committee hasn't yet decided whether or not it will request Trump's state tax returns.

The Hill's Naomi Jagoda has the latest in the court fight.

 

GOOD TO KNOW

 

ODDS AND ENDS

  • A group of Senate Democrats introduced legislation Monday that would block the Trump administration from holding meetings with foreign heads of state at Trump-owned properties.