by Stan Collender | Dec 4, 2012 | Blog
The offer made yesterday by House Republicans to the White House to avoid the fiscal cliff got all the headlines, but there were two reasons why it wasn't the most important fiscal cliff-related story of the day. First, it wasn't really a serious offer. In spite of...
by Leo Gerard | Dec 4, 2012 | Blog
The nation’s debt is a good deal for Alan Simpson and Erskine Bowles, the leaders of the failed deficit commission. The two are profiting personally by urging fat cats and CEOs to support their two-year-old, already-interred deficit reduction plan. Simpson, a former...
by Dave Johnson | Dec 3, 2012 | Blog, Economy
There is a little-discussed proposal that was introduced into the "fiscal cliff" discussions by the CEOs of the "Fix the Debt" campaign. This is for a “Territorial Tax System" idea that lets multinational companies off the hook for taxes on offshore profits. This plan...
by Richard Eskow | Dec 3, 2012 | Blog
"Fix the Debt" is allegedly an impromptu alliance of America's largest CEOs. But it' really the latest manifestation of a perenially right-wing, pro-billionaire, pro-corporate lobby - one created years ago by hedge fund manager and former Nixon Cabinet member Pete...
by Dave Johnson | Dec 3, 2012 | Blog
House Democratic Leader Nancy Pelosi wants members of Congress to sign what is known as a "discharge petition" to force a vote on keeping taxes at current levels for people making under $250,000. Call your member of Congress to let them know you support this. The more...
by Sam Pizzigati | Dec 2, 2012 | Blog, Economy
How much can a billion dollars buy? The undivided attention of America's entire political and chattering classes. Case in point: our ongoing national fixation on debt and deficit. Down through the millennia, single individuals have changed the course of history, some...
