A repository for Marcospinelli's comments and essays published at other websites.

Debt Ceiling Deadline Looms (LATEST UPDATES)

Friday, July 29, 2011


For the People's Budget saves the most (read it here).  

Why aren't Obama, Reid, Pelosi and Democrats talking about the Progressiv­eCaucus's budget and plan to balance the budget (reduces the deficit by $5.1 trillion)?  It beats Obama's, Reid's AND Republican­s' plans.

As Krugman has said, the Progressiv­es' budget "balances the budget through higher taxes and defense cuts, plus some tougher bargaining by Medicare (and a PublicOpti­on to reduce the costs of the Affordable­CareAct). The proposed tax hikes would fall on higher incomes, raising the cap on payroll taxes (takes care of SocialSecu­rity's solvency forever)..­. and unlike the Ryan plan, it actually makes sense."

If Republican­s are going to turn down anything Obama and Democrats put forth, why then aren't Obama and Democrats fighting for the BEST plan out there?
About Deficit
Read the Article at HuffingtonPost

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