by Terrance Heath | Feb 27, 2013 | The Sequester
What if someone told you that a disastrous event is just days away from happening; one that will play havoc with the economy and bring pain and hardship to millions? What if the same someone told you that our government set this disaster in motion, and could easily...
by Roger Hickey | Feb 26, 2013 | The Sequester
Our month-long campaign to “disarm the austerity bomb” and repeal the sequester is gaining traction in Washington. On Monday, leaders of the Congressional Progressive Caucus joined our call, saying if Republicans refuse to compromise, then we should simply “eliminate...
by Bill Scher | Feb 26, 2013 | The Sequester
Let's play: Pretend A Democrat Said That. From CNN, here's Senate Minority Whip John Cornyn claiming the sequester won't hurt the military: Sen. John Cornyn of Texas said he plans to make the case to other Republicans and the public that despite warnings from the...
by Robert Kuttner | Feb 26, 2013 | The Sequester
President Obama has miscalculated both the tactical politics of the sequester and the depressive economic impact of budget cuts on the rest of his presidency. The sequester will cut economic growth in half this year. But it’s now clear, one way or another, that we...
by Leo Gerard | Feb 26, 2013 | The Sequester
Last week, President Obama described the sequestration situation in simple, stark terms: keep it in place and punch the middle class in the gut. Or, he suggested, soften the blow substantially by ending special tax breaks for the rich. Here’s what he said:...
by Dave Johnson | Feb 26, 2013 | The Sequester
There is no deficit problem. The deficit is down about 50 percent as a share of gross domestic product just since President Bush’s fiscal year 2009 deficit and is falling at the fastest rate since the end of World War II. Yet the Washington debate is about how and...