by Dave Johnson | Nov 15, 2010 | Blog
The co-chairs of the "Deficit Commission" released their recommendations yesterday. Basically they said that to cut the deficit we need to give a huge tax cut to the rich by cutting top tax rates from the current 35% down to 23%. The middle-class' share of the pain...
by Roger Hickey | Nov 15, 2010 | Blog
Hundreds of thousands of Americans have now called for Senator Alan Simpson, co-chair of the White House deficit commission, to step down – after he insulted the head of the Older Women’s League, Ashley Carson, by implying that her dedication to protecting retirees...
by Richard Eskow | Nov 15, 2010 | Blog
If back-channel sources are correct, the White House deficit commission is finalizing a deal that would increase Social Security benefits slightly for low-income recipients while cutting them for everyone else. The Commissioners apparently believe that putting this...
by Dave Johnson | Nov 15, 2010 | Blog
Social Security supporters announced today that over 100 members of Congress are signing a letter to President Obama demanding that the Deficit Commission keep its hands off Social Security. They say that if the deficit commission tries to cut the program they say it...
by Bill Scher | Nov 15, 2010 | Blog, Economy
On the day before Congress reconvened in Washington, in the middle of a continuing job crisis, Republicans took to the Sunday talk show airwaves and ... had no ideas what to do about creating jobs. This is not terribly shocking. There have been no actual job creation...
by Isaiah J. Poole | Nov 15, 2010 | Blog
There are 2 million people who are about to lose their unemployment benefits starting at the end of this month, and yet there is a real possibility that the lame-duck Congress that starts its work today will just let that happen. Some members of Congress will...