by Robert Borosage | Dec 14, 2012 | Blog, Economy
Wisconsin, Ohio, Indiana, Michigan -- Republicans continue their assault on unions and worker solidarity – and America’s middle class gets mugged. Corporate profits are at the highest % of GDP on record; worker wages are at the lowest % ever. And now the...
by Robert Borosage | Nov 30, 2012 | Blog, The Sequester
Pressure for a deal to avoid the so-called "fiscal cliff" at the end of the year is building. Even minor tremors in the stock market are treated as auguries of the panic that will attend a failure to act. A multi-million dollar campaign funded by Wall Street...
by Robert Borosage | Nov 29, 2012 | Blog
Upon rumors of purported "grand bargain" including $400 billion in cuts to Medicare, Social Secuirty and Medicaid, Rep. Keith Ellision. the leader of the House Progressive Caucus, just said NO: WASHINGTON- Rep. Keith Ellison (D-MN), Co-Chair of the Congressional...
by Robert Borosage | Nov 27, 2012 | Blog, Economy
Senator Dick Durbin, Senate Majority Whip and one of President Obama’s closest allies, laid out his principles for a deal in the current fiscal showdown today in a speech at the Center for American Progress. The nuanced speech was a revealing mixture of common sense...
by Robert Borosage | Nov 15, 2012 | Blog, Economy, Financial Reform
The following was originally published in The Nation. With the election behind us, President Obama and the lame-duck Congress return to Washington to face a fiscal showdown, occasioned by automatic tax hikes and spending cuts scheduled to kick in after the first of...