Progressives campaigned aggressively to remove the chained CPI cut of Social Security benefits from this year’s federal budget because they view the document as rhetorical as well as practical.
Great news! The AP just reported that the chained CPI will not be in President Obama’s budget. This is a victory for populists who want politicians to fight for the majority of real Americans facing tough economic realities.
Reagan’s economic legacy is one of failure, but in another way it could be argued that he was genuinely transformative: as the first celebrity politician for the modern corporate state.
How did Tuesday night’s State of the Union speech resonate on Wall Street? Sometimes the old saying is literally true: Silence is golden. Perhaps that’s not surprising. But the nation deserved better.
How Many Republicans does it take to respond to the State of the Union address? The flurry of GOP responses to the State of the union reflect both the party’s disarray and the growing distance between the GOP and the majority of Americans.
The latest polling shows President Obama wins, and Democrats in Congress will win, with a progressive populist economic agenda. And they need not shy away from highlighting Republican obstruction and wrong-headed priorities.
The president's State of the Union address drew clear lines against Republican obstruction. But the president also suggested that the economic crisis was behind us. He'll have a hard time selling that.
Here are keys to look for in tonight's State of the Union speech. Does the president tell the people the truth? Does he indict Republicans for the economy? Does he drive issues that unite Democrats or issues that divide them?
President Obama faces a choice of rhetoric on Tuesday night—but that choice is not just about political gamesmanship. It will have serious policy implications. But there is also an issue of simple credibility.
Economic inequality doesn't just happen. It's manufactured through bad economic policies that make the rich even richer. That can change, if our president lays out a bold and aggressive economic agenda to reverse these policies.
President Obama faces a skeptical people as he prepares his State of the Union address, most of whom are convinced the country is on the wrong track. He must show them once more he is on their side.
Don't believe the hype. The 1,582-page budget deal may be a return to bipartisan compromise and "regular order," but it punts on addressing the vital needs of this country. It continues austerity, while starving vital investments.
From the second inauguration of Barack Obama to the latest skirmish in the “War on Christmas,” a steady stream of outrageousness flowed from the American right this year. Here are the best of the worst of the right-wing in 2013.
Thirty-two Democrats opted to put principle before the political expediency of compromise for compromise's sake. "Congress shouldn’t be patting ourselves on the back just because we didn’t shoot ourselves in the foot."
We have been calling on our supporters to flood their members of Congress today with this simple statement: "A budget deal that abandons the unemployed is no deal at all."
We are this close -- this close! -- to losing our democracy to the mercenary class. So close it’s as if we’re leaning way over the rim of the Grand Canyon waiting for a swift kick in the pants.
The bipartisan budget deal is celebrating, largely for getting a deal. But on the economy, what benefits it has are erased by the failure to renew emergency jobless benefits. Washington continues to impede any recovery.
It’s true that the American public is tired of gridlock in Washington. But the federal budget deal reached in Congress this week is not one that is supported by the majority of Americans.
Credit goes to progressives who made calls, signed petitions and showed up at rallies to tell Congress to not cut Social Security and Medicare as part of any budget deal. "You all stood up and backed them down."
It's a tiny deal, which is always better than a big deal when you're dealing with these Republicans. But large spending cuts remain the bipartisan objective of the budget as far as the eye can see.
The budget deal announced yesterday in Washington offers temporary relief from budget crisis, hostage-taking, government shutdowns. But it does nothing to deal with the problems the country faces. And the reasons for that are clear.
Why should Democrats hold out and demand a continuation of unemployment benefits? Because if Republicans force another shutdown, it's game over for them – and they know it.
Democrats must not be fooled. A good-but-not-great jobs report is no reason to let emergency unemployment benefits expire, or allow further cuts to food stamp benefits.
By passing this one bill, Congress could repeal the mindless across-the-board budget cuts known as the sequester and at the same time close loopholes corporations use to escape paying taxes.
For a lot of people, government is seen as a simple tool to take their money and give it to people who don't "deserve" it. That's how these ideas are sold to the people --- by appealing to their baser natures.
Four and a half years after the "recovery" began, economic pain remains widespread. Yet the Washington/Wall Street tell Americans, "Have patience." Now, Larry Summers suggests a core economic assumption of the American elite might be dead wrong.
Congress is again fighting over the budget with Republicans demanding cuts in federal employee benefits. Is this really about the budget? Or is it about destroying government? Meanwhile hundreds of billions of taxes owed remain uncollected.
The GOP is targeting Medicaid in its next attack on health care reform. House Republicans want to take $21 billion budgeted for the Medicaid expansion and use it to cover defense cuts. This is who they are.
Sign a promise to join the Campaign for America’s Future and eight other groups representing millions of Americans in a campaign to get rid of the sequester on December 12.
This week Sen. Elizabeth Warren of Massachusetts gave an important speech in which she joined a small but growing cadre of American leaders committed to building, rather than cutting, Social Security.
There is an opportunity to shift the budget debate to an area where Democrats hold the high ground. But it will be a challenge for some Democrats to take the initiative on a subject they seem reluctant to discuss. The subject is taxes.
Fix the Debt is ghostwriting for college students, their latest move to pretend to represent America's youth. Previously, they were caught paying dancers to participate in a pro-austerity flashmob and paying for petition signatures.
We helped deliver a petition to House Budget Committee chairman Rep. Paul Ryan signed by more than 700,000 people calling for "no grand bargain in exchange for Social Security, Medicare and Medicaid cuts."
The budget conference committee meets this week to hammer out a "bipartisan compromise," before kamikaze conservatives” pull the economy into another nosedive. CBO Director Doug Elmendorf has some advice:
Another month, another budget crisis. This time, Republicans can't afford to shut the government down again. And Americans don't buy what Republicans are peddling. Democrats would do well to stand strong for the vast majority.
The GOP’s hostility towards the poor and unfortunate has become an all-out “war on the poor.” The consequences of the painful cuts to food stamps taking effect today offer a glimpse of the casualties and collateral damage to come.
Just a reminder here that the Grand Bargain was not conceived as a "deal" between the Republicans and Democrats to cut the "entitlements" in exchange for some "revenue." That's the "Balanced Approach" set forth by the President in the 2012 campaign.
The Washington Post went down to Georgia looking for a story on economic decline in southern "tea party" districts. Like the Devil in Charlie Daniel's famous song, the Post left empty-handed.
The House-Senate budget negotiations are scheduled to begin on Wednesday. How will we know whether they are looking out for the public’s interests? This four-point document is an excellent place to start.
It is a bit worrying that the White House has to explain virtually every day now that just because it sounds like White House officials and the president are putting entitlements on the chopping block doesn't mean they really are doing it.