Trumka Willing To 'Accept The Consequences' Of Holding The Line On Ending Wealthy Tax Rates

If Bush's tax cuts are allowed to expire as they are set to on December 31st, the deficit would be cut in half, instantly.   

If the tax cuts are continued for the rich, we would have to borrow $700 billion to pay for it.

If the tax cuts are continued for everyone, we would have to borrow $3 trillion to pay for it.

And if there is a 2-year extension "compromise", we would still have to borrow $70-140 billion for the rich's portion and $383 billion for the middle class's portion.

Obama is expanding the wars into Yemen.

Where's the money coming from?

Obama and Democratic leadership have already indicated they're on board with Social Security cuts, privatizing, etc.

There should be tax HIKES on corporations and the rich.  There should be massive cuts to the military.  Banks should be threatened with nationalization unless they begin lending to small businesses.
Read the Article at HuffingtonPost