#Deficit

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News and Opinion Channel

A Progressive Primer on the Issue of America’s Debt Problem – Ten Things You Really Need

Jay Murdock

Sep 23, 2012
19 min

A Progressive Primer on the Issue of America’s Debt Problem – Ten Things You Really Need

David Coates: Worrell Professor of Anglo-American Studies, Wake Forest University, Department of Politics – Posted: 09/22/2012 9:01 am Central to the Republican critique of the Obama Administration in this election cycle has been the Administration’s supposed failure to address and resolve the problem of America’s growing debt. There is much wild and loose talk in beltway circles these days about federal over-spending, about federal over-borrowing, about the nation steadily g

The Case for Republican Economic Sabotage

Jay Murdock

Aug 11, 2011
5 min

The Case for Republican Economic Sabotage

Bob Cesca – Producer, Editor of BobCesca.com Posted: 8/11/11 08:48 AM ET With a few exceptions, tea party events have always appeared less like protest rallies and more like Sunday evening lawn concerts, with attendees lounging in lawn chairs waving tiny flags — not unlike a Lee Greenwood “unplugged” festival at the local Yickadoo Amphitheater and Flea Market. But with tea party attendance declining, the leisurely, almost bucolic atmosphere of the tea party gatherings has bec

Cost Of Tax Cuts For America’s Rich Exceeds Value Of Budget Cuts

Jay Murdock

Apr 19, 2011
4 min

Cost Of Tax Cuts For America’s Rich Exceeds Value Of Budget Cuts

William Alden Huffington Post posted 04/18/11 NEW YORK — Today, as Americans submit their tax returns, the wealthiest earners will each reap hundreds of thousands of dollars in tax savings. As part of a law passed late last year, the Bush-era tax cuts for the richest Americans were extended for two years. The estimated cost to the government of that portion of the tax deal, $42 billion this fiscal year, exceeds the stated $38 billion value of the savings from the federal bud

Fixing the Deficit by Getting Help From the Top 1%

Jay Murdock

Apr 19, 2011
5 min

Fixing the Deficit by Getting Help From the Top 1%

Leon Friedman – Law Professor, Hofstra Law School: Posted: 04/18/11 02:46 PM ET President Obama seeks to reduce the deficit and the national debt by cutting defense costs, lowering spending on Medicaid and Medicare, reducing itemized tax deductions for the rich and eliminating the Bush tax cuts for families earning over $250,000 a year. The Republicans have already defeated him on the last issue during last year’s lame duck session when they insisted on keeping the reduced in

Jay Murdock

Apr 15, 2011
6 min

It’s All One Story

Mike Lux – Author, The Progressive Revolution: How the Best in America Came to Be Posted: 04/14/11 01:02 PM ET I’m going to comment on the president’s budget speech in a minute, but first I want to highlight something happening on Capitol Hill today that really ties together the Republican governing philosophy. There is a certain rich irony in Darrell Issa bringing Wisconsin Gov. Scott Walker to the Capitol for a hearing on how Moody’s has boosted Wisconsin’s credit rating be

Jay Murdock

Apr 5, 2011
4 min

Budget Cuts Kill The Middle Class

Dave Johnson – Campaign for America’s Future Dave Johnson – Fellow, Campaign for America’s Future Posted: 04/ 4/11 11:41 PM ET For most people the “American Dream” is to be in the middle class, or to raise yourself up to be in the middle class. And people used to expect that things would get better over time for all of us. But today more people are going the other way. Many people are finding it harder just to get by and stay even, and expect that things will get even worse

The Social Security Fix: End Corporate Welfare

Jay Murdock

Mar 29, 2011
3 min

The Social Security Fix: End Corporate Welfare

With momentum building to rein in record budget deficits, Democrats are sharply divided over whether to tackle Social Security by raising the retirement age and/or raising the income ceiling that is taxed from the first $106,800 of wages to the first $170,000. Senator Majority Leader Harry Reid and Sen. Chuck Schumer are lining up against such measures and Reid scheduled a rally on Capitol Hill on Monday to show support for Social Security and opposition to cuts in benefits.

The Republicans’ Big Lies About Jobs (And Why Obama Must Repudiate Them)

Jay Murdock

Mar 23, 2011
3 min

The Republicans’ Big Lies About Jobs (And Why Obama Must Repudiate Them)

Robert Reich Fmr. Secretary of Labor; Professor at Berkeley; Author, Aftershock: ‘The Next Economy and America’s Future’ Posted: March 22, 2011 09:28 PM “And if all others accepted the lie which the party imposed — if all records told the same tale — then the lie passed into history and became the truth.” ~ George Orwell, 1984 (published in 1949) House Majority Leader Eric Cantor was in town yesterday (specifically, at Stanford’s Hoover Institute where he could surround hims

End Foreclosure Assistance Programs as Economy Starts to Recover? Sounds Like a Terrible Idea

Jay Murdock

Mar 16, 2011
3 min

End Foreclosure Assistance Programs as Economy Starts to Recover? Sounds Like a Terrible Idea

Rep. Maxine Waters: Progressive Congresswoman from California Posted: March 15, 2011 02:40 PM Though their stated pledges since coming to power have been to ‘cut the deficit’ and ‘create jobs,’ House Republicans will soon take a series of votes to further solidify a radical agenda that does neither. Instead, this week they will bring to the floor two bills — the Home Affordable Modification Program (HAMP) Termination Act, H.R. 839, and the Neighborhood Stabilization Program T

Jay Murdock

Mar 10, 2011
3 min

Crushing Workers Won’t Solve Deficits

Rep. Jim McDermott: Represents the 7th Congressional , District of Washington (Seattle) in the U.S. House – Posted: March 9, 2011 02:24 PM While millions of ordinary Americans have been struggling to cope with the harsh economic realities of the last two years, Republican elected officials have focused their attention on ways to take political advantage of widespread hardship. Republicans have decided that ongoing economic turmoil offers a perfect opportunity to go after thei

This Isn’t Deficit Control. It’s Assault.

Jay Murdock

Feb 17, 2011
3 min

This Isn’t Deficit Control. It’s Assault.

Richard Trumka – President, AFL-CIO: Posted: February 16, 2011 09:17 AM No job safety inspections while inspectors are furloughed for up to three months. No food safety inspections while inspectors are off the job for more than a month. Ten thousand teachers and aides cut from struggling schools and 7,000 special education teachers and staff gone. State and local job training and employment services phased out for up to 8 million workers. Medicare and Social Security operatio

Reagan’s True Legacy: Terminating the American Dream

Jay Murdock

Feb 5, 2011
3 min

Reagan’s True Legacy: Terminating the American Dream

Jane White –Author, “America, Welcome to the Poorhouse” Posted: February 4, 2011 02:01 PM As Ronald Reagan supporters celebrate his 100th birthday on Feb. 6, it’s astounding how not only the right wing has inflated and distorted his legacy, but most of the so-called liberal media as well. The inconvenient truth about how Reagan won his first term had nothing to do with his superior game plan but the fact that you had to be crazy to re-elect Jimmy Carter. Carter’s reaction to

Jay Murdock

Jan 27, 2011
4 min

Covering the Neglect of Working People

Russ Baker – Editor, WhoWhatWhy.com, author, Family of Secrets: Hidden History of the Last Fifty Years – Posted: January 27, 2011 12:00 PM A common theme runs through a variety of news stories: There isn’t enough money around, and so working people must take a hit. But is that really the only solution? First, let’s look at the stories. There’s growing talk of letting state governments declare bankruptcy so they can get out of paying pension benefits to retired state workers.

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"Do not seek to follow the footsteps of the wise. Seek what they sought."

Basho

News and Opinion Channel

A Progressive Primer on the Issue of America’s Debt Problem – Ten Things You Really Need

The Case for Republican Economic Sabotage

Cost Of Tax Cuts For America’s Rich Exceeds Value Of Budget Cuts

Fixing the Deficit by Getting Help From the Top 1%

It’s All One Story

Budget Cuts Kill The Middle Class

The Social Security Fix: End Corporate Welfare

The Republicans’ Big Lies About Jobs (And Why Obama Must Repudiate Them)

End Foreclosure Assistance Programs as Economy Starts to Recover? Sounds Like a Terrible Idea

Crushing Workers Won’t Solve Deficits

This Isn’t Deficit Control. It’s Assault.

Reagan’s True Legacy: Terminating the American Dream

Covering the Neglect of Working People

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