Archive
Democrats Shouldn’t Put Social Security and Medicare on the Table
Prominent Democrats — including the President and House Minority Leader Nancy Pelosi — are openly suggesting that Medicare be means-tested and Social Security payments be reduced by applying a lower adjustment for inflation.
This is even before they’ve started budget negotiations with Republicans — who still refuse to raise taxes on the rich, close tax loopholes the rich depend on (such as hedge-fund and private-equity managers’ “carried interest”), increase capital gains taxes on the wealthy, cap their tax deductions, or tax financial transactions.
It’s not the first time Democrats have led with a compromise, but these particular pre-concessions are especially unwise.
Progressive Breakfast
MORNING MESSAGE: Tell Your Senators. Defend Social Security & Medicare. Support These Amendments. OurFuture.org's Richard Eskow: "As early as today, two Senate budget amendments could affect the future of everybody reading these words – presuming we live long enough...
Progressive Breakfast
MORNING MESSAGE: Tell Your Senators. Defend Social Security & Medicare. Support These Amendments. OurFuture.org's Richard Eskow: "As early as today, two Senate budget amendments could affect the future of everybody reading these words – presuming we live long enough...
Progressive Breakfast
MORNING MESSAGE: Tell Your Senators. Defend Social Security & Medicare. Support These Amendments. OurFuture.org's Richard Eskow: "As early as today, two Senate budget amendments could affect the future of everybody reading these words – presuming we live long enough...
Beware the New Corporate Tax-Cut Scam: LIFT Is A Big LIE
First it was Fix the Debt, with tax-dodging corporations "leading the charge for massive new corporate tax cuts paid for with cuts to Social Security, Medicare, and Medicaid." Now there's a new "LIFT America coalition," pushing for massive, massive corporate tax cuts,...
Tell Your Senators to Defend Social Security and Medicare by Supporting These Amendments
This week two Senate budget amendments could affect the future of everybody reading these words - presuming we live long enough to reach our retirement years. That's not an overstatement: The Sanders-Harkin-Hirono Amendment would prevent the government from cutting...
Mea Culpas, "The Arab Mind" and the White Man's Burden
David Ignatius wrote his Iraq mea culpa today and it's a good one. He admits that Iraq was an epic strategic blunder and that he was wrong to have been such an enthusiastic cheerleader for it. But in chronicling his mistakes, I find this one to be almost shocking coming from a sophisticated man of the world.
The Democratic Wing Of The Democratic Party
The House voted on budgets yesterday and austerity won. 84 Democrats voted for the jobs and growth "Back To Work Budget" from the Congressional Progressive Caucus. 102 Democrats voted against it. (1 voted "present" and 13 were not voting.) Here is the roll call vote...
Progressive Breakfast
MORNING MESSAGE: 2014 - The Democrats’ Dilemma OurFuture.org's Robert Borosage: "Voters tend to blame the party in power – the president’s party – for the economy. And the 2014 economy is likely to be lousy. Americans are struggling with falling wages and growing...
Home Opportunity at a Crossroads
Home Opportunity is at a crossroads, and with it the American economy. Misconduct by banks, inadequate rules, and lax enforcement have cost 4 million families their homes since the financial crisis began, devastated communities around the country, and triggered a deep...
