Eight months after Joe Biden swept to victory on a pledge to make America more liveable, equitable and environmentally friendly, a Democratic civil war is threatening to shred his domestic agenda.
Internal squabbles are nothing new in Washington but twin proposals to spend up to $5 trillion rebuilding the post-Covid economy have laid bare the extent of the eye-watering divisions confounding the party in Congress.
So profound are the disagreements between the party's left and centrist factions that they could easily leave Mr Biden with no legacy to speak of and torpedo Democrats' chances in next year's midterm elections.
By Friday morning, it is possible Mr Biden's bipartisan $1.2tn infrastructure bill will have failed, imperilling a larger, $3.5tn “Build Back Better” package of investments in childcare, education, family leave and climate mitigation, and risking a shutdown of the federal government.
Moderates want the House to wave through the Senate-passed infrastructure bill without delay, giving Mr Biden an easy win while negotiations play out on the larger package.
But as many as 50 House progressives are expected to tank the bipartisan bill if they have no clear commitment on the larger-ticket legislation, known as the Build Back Better Act.
They argue they've already compromised on the price — which started at $6tn — as well as demonstrating unity on a $1.9tn Covid relief package that passed this year.
Ms Pelosi is always quick to frame vehement internal disagreement as “family discussion” that ultimately fosters togetherness.
But progressives have been emboldened since the election to state in increasingly stark terms their frustration over centrists they see as beholden to special interests and too keen to subjugate Democratic values to bipartisanship.
Alexandria Ocasio-Cortez, the most high-profile emissary of progressives in Washington, has urged centrist colleagues to view them as allies, not the enemy.
But try telling that to Joe Manchin, the West Virginia centrist Ms Ocasio-Cortez recently lambasted over his record on climate change after he refused to support the $3.5tn spending bill.
Ms Ocasio-Cortez said Mr Manchin had allowed oil industry lobbyists to dictate his climate positions and accused him of "'bipartisan' corruption that masquerades as clear-eyed moderation".
Mr Manchin in turn castigated the congresswoman for “just awful” rhetoric that he said had only one purpose — “divide, divide, divide".
When top Senate Democrat Elizabeth Warren came out against Jerome Powell's reappointment as chair of the US Federal Reserve on Tuesday, she pulled no punches, calling him a “dangerous man to head up the Fed".
And the internecine mudslinging shows no sign of cooling.
Ilhan Omar, another progressive, suggested on Monday in an interview that is sure to ruffle feathers that Mr Manchin and other centrists balking at the high price of Build Back Better were in the wrong party.
“It is saddening to see them use Republican talking points. We obviously didn't envision having Republicans as part of our party,” she told CNN.
If Democratic infighting sometimes feels like one of life's inevitabilities, it is because the party's ethos places as much value on diversity as unity.
Democrats take pride in being a big tent reflecting a disparate nation of 330 million people with contradictory interests and competing ideological stripes.
The Biden coalition last November included younger urban residents who distrust the police and demand racial justice, religious older black voters, universal health care campaigners and defenders of transgender rights.
There were also white, college-educated women who see socialism as a genuine threat but found Donald Trump repulsive, Latinos fighting for immigration reform and fierce proponents of women's reproductive rights.
As a result, Democrats have won the popular vote by comfortable margins in every election but one in the last 30 years and their 50 senators represent millions more constituents than the 50 Republicans.
But the party also has a harder time satisfying each of its constituencies. With perhaps the exception of health care, the leadership has struggled to project a unified message.
Mr Biden was able to keep his coalition together by making the election about Mr Trump and making a broad appeal to the “soul of the nation” rather than going into the policy weeds.
But fissures soon emerged as the conversation moved to the minutiae of fixing roads and bridges.
House Democratic chairman Hakeem Jeffries tried on Tuesday to characterise Democratic disagreement as preferable to Republican unity around the twice-impeached Mr Trump.
“The reality is, and we embrace that fact, we don't bend the knee to one out-of-control former president who continues to lie about Covid and the election,” he said.
“We're not a cult — we are a coalition.”
The specs
Engine: 2.0-litre 4-cyl turbo
Power: 247hp at 6,500rpm
Torque: 370Nm from 1,500-3,500rpm
Transmission: 10-speed auto
Fuel consumption: 7.8L/100km
Price: from Dh94,900
On sale: now
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%206.5-litre%20V12%20and%20three%20electric%20motors%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E1%2C015hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E1%2C500Nm%20(estimate)%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%3C%2Fstrong%3E%20Eight-speed%20dual-clutch%20auto%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Early%202024%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh2%20million%20(estimate)%3C%2Fp%3E%0A
Brief scores:
Toss: Nepal, chose to field
UAE 153-6: Shaiman (59), Usman (30); Regmi 2-23
Nepal 132-7: Jora 53 not out; Zahoor 2-17
Result: UAE won by 21 runs
Series: UAE lead 1-0
Honeymoonish
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Elie%20El%20Samaan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3ENour%20Al%20Ghandour%2C%20Mahmoud%20Boushahri%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
MATCH INFO
What: Brazil v South Korea
When: Tonight, 5.30pm
Where: Mohamed bin Zayed Stadium, Abu Dhabi
Tickets: www.ticketmaster.ae
UAE%20v%20West%20Indies
%3Cp%3EFirst%20ODI%20-%20Sunday%2C%20June%204%20%0D%3Cbr%3ESecond%20ODI%20-%20Tuesday%2C%20June%206%20%0D%3Cbr%3EThird%20ODI%20-%20Friday%2C%20June%209%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3EMatches%20at%20Sharjah%20Cricket%20Stadium.%20All%20games%20start%20at%204.30pm%0D%3Cbr%3E%0D%3Cbr%3E%3Cstrong%3EUAE%20squad%3C%2Fstrong%3E%0D%3Cbr%3EMuhammad%20Waseem%20(captain)%2C%20Aayan%20Khan%2C%20Adithya%20Shetty%2C%20Ali%20Naseer%2C%20Ansh%20Tandon%2C%20Aryansh%20Sharma%2C%20Asif%20Khan%2C%20Basil%20Hameed%2C%20Ethan%20D%E2%80%99Souza%2C%20Fahad%20Nawaz%2C%20Jonathan%20Figy%2C%20Junaid%20Siddique%2C%20Karthik%20Meiyappan%2C%20Lovepreet%20Singh%2C%20Matiullah%2C%20Mohammed%20Faraazuddin%2C%20Muhammad%20Jawadullah%2C%20Rameez%20Shahzad%2C%20Rohan%20Mustafa%2C%20Sanchit%20Sharma%2C%20Vriitya%20Aravind%2C%20Zahoor%20Khan%0D%3C%2Fp%3E%0A
Vidaamuyarchi
Director: Magizh Thirumeni
Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra
Rating: 4/5
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
'The Sky is Everywhere'
Director:Josephine Decker
Stars:Grace Kaufman, Pico Alexander, Jacques Colimon
Rating:2/5
MATCH INFO
Kolkata Knight Riders 245/6 (20 ovs)
Kings XI Punjab 214/8 (20 ovs)
Kolkata won by 31 runs