by Richard Eskow | Dec 20, 2012 | Blog, Chained CPI
Fix the Debt, a front group for corporations, billionaires, and defense contractors, wants people to call their Representatives and demand that they avoid the "fiscal cliff." The group's latest email is so badly written that it cries out for laughter, but its...
by Stan Collender | Dec 20, 2012 | Blog, The Sequester
Don’t expect Congress to tackle a tax overhaul anytime soon. For the third year in a row I am not writing a year-in-review column because, honestly, they’re boring and unnecessary. If you’ve been interested enough in the federal budget to read my column in 2012, you...
by Terrance Heath | Dec 20, 2012 | Blog, Chained CPI
Yesterday, I posted that progressive leaders in Congress are saying "No Deal" to "fiscal cliff' deals that cut Social Security benefits while cutting the wealthy yet another break on taxes. Today, that list is growing, as more progressive join what's beginning to look...
by Richard Eskow | Dec 19, 2012 | Blog, The Sequester
The President's latest budget offer slashes a 95 year old retiree's Social Security benefits by more than nine percent -- and trims the defense budget by less than one percent. Nancy Pelosi insists that these benefit reductions aren't "cuts," which is consistent with...
by Isaiah J. Poole | Dec 19, 2012 | Blog, Economy, Minimum Wage
One of the most maddening features of the current fiscal cliff/fiscal swindle debate is that the chattering class rarely acknowledges the people who have already fallen off the cliff: 5 million Americans who have been unemployed for more than 27 weeks. The roughly 7...
by Terrance Heath | Dec 19, 2012 | Blog, Chained CPI
Progressives in Congress aren't falling for the trick that Washington is using to cut Social Security in the "fiscal cliff" negotiations. Instead they are raising their voices against the insanity of Democrats committing political suicide by: destroying their...