Why are Harry Reid and Democrats giving any oxygen to a Tea Party debt plan instead of this, the People's Budget (read it here)?
The Progressive Caucus's budget and plan to balance the budget reduces the deficit by $5.1 trillion. It beats Obama'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 public option to reduce the costs of the Affordable Care Act). The proposed tax hikes would fall on higher incomes, raising the cap on payroll taxes (takes care of Social Security's solvency forever)... and unlike the Ryan plan, it actually makes sense."
Read the Article at HuffingtonPost
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