News Release

At a press conference being held today by Wall Street mogul Peter Peterson, he and his invited speakers informed Americans who are losing their jobs and homes in record numbers that our nation’s biggest problem is the national deficit – and that the solution is to cut Social Security and Medicare. Campaign for America's Future co-director Roger Hickey responded to the spectacularly bad timing of such a message, adding that Peterson’s so-called solutions would add injury to injury.

WASHINGTON – As the Senate debates an economic recovery package, Republicans and editorial pages have issued salvos against the proposed “Buy American” provisions designed to ensure that the recovery money is spend in America. The provision would require government projects, such as highway spending, to give preference to domestic goods and services. Campaign for America’s Future co-director Robert Borosage said today such provisions are not only parallel to current law, but just plain common sense. Americans will be rightly outraged if Congress moves to spend stimulus dollars on foreign jobs.

Health-care expert Frank Clemente joins Health Care for America Now director Richard Kirsch and Institute for America’s Future co-director Roger Hickey on a conference call with reporters Feb. 5 to release a new report showing that a public insurance option as proposed by President Barack Obama is critical to the success of health care reforms soon to be considered by the Congress.

With more people filing for unemployment than at any time in the past quarter century amid the worst financial crisis since the Great Depression, Campaign for America’s Future co-director Robert Borosage urged progressives who helped deliver President Obama’s electoral victory to rally around a historic opportunity to rebuild America. Borosage said quick and bold action is needed now to move the economic recovery plan despite obstacles in Congress.

In the waning days of the Bush administration, Robert Borosage, co-director of the Campaign for America’s Future, said George W. Bush will have one lasting legacy. He will be remembered for proving the bankruptcy of conservative ideas.

In light of President-elect Barack Obama’s meeting with Senate Democrats to discuss releasing the second portion of the $700 billion economic stimulus package, the Campaign for America’s Future co-director Robert Borosage today stressed the need for greater transparency and accountability.

The progressive base is on the march in support of the long-term investments President-elect Obama outlined in his economic recovery plan today, according to a statement released by Campaign for America’s Future co-director Roger Hickey. In response to the deepening crisis and more job losses, the Campaign for America’s Future last month released the Main Street Economic Recovery Plan that was endorsed by more than a hundred economists and dozens of labor and public interest leaders who represent more than 20 million Americans. All of the key elements of the Campaign for America’s Future’s “substantial, strategic, and sustained” recovery plan are in the president-elect’s American Recovery and Reinvestment Plan.

A new public health insurance plan that competes directly with private insurers is essential to controlling health care costs and improving the quality of care, according to a new report released today by the Institute for America’s Future and the UC Berkeley School of Law’s Center on Health, Economic & Family Security.

The economy needs at least a $900 billion boost over the next two years, according to a detailed economic recovery plan released today by more than a hundred economists and dozens of labor and public interest leaders who represent more than 20 million Americans.

With U.S. automakers facing opposition for an expanded $34 billion rescue package on Capitol Hill today, Campaign for America’s Future co-director Robert Borosage said allowing the auto industry to go under would create a “body blow to the already battered economy.”