Debt Ceiling Deadline Looms (LATEST UPDATES)
Friday, July 29, 2011
The People's Budget saves the most (read it here).
Why aren't Obama, Reid, Pelosi and Democrats talking about the Progressive Caucus's budget and plan to balance the budget (reduces the deficit by $5.1 trillion)? It beats Obama's, Reid's AND Republican s' 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 PublicOpti on to reduce the costs of the Affordable CareAct). The proposed tax hikes would fall on higher incomes, raising the cap on payroll taxes (takes care of SocialSecu rity's solvency forever).. . and unlike the Ryan plan, it actually makes sense."
But Obama takes solutions that work for the People, the vast majority of Americans, off the table. Whether it's ending Bush's tax cuts or the wars, the '14thAmendmentSoluti on' (and it is, indeed, a legitimate option), etc., Obama kneecaps and handicaps the voters who put him and Democrats into power.
That's Obama's style, taking solutions that work for the People off the table and out of consideration when we're discussing how we want to proceed. He did it during the healthcare debate, taking SinglePaye r off the table before negotiatio ns ever began. Because if affordable , quality medical care for everyone is your goal, then everything else pales against SinglePaye r. If, however, keeping the insurance and pharmaceut ical industry cartels in place and in control of Americans' healthcare and choices, if reaping massive profits for them is your goal, then taking SinglePaye r off the table is the only way you're going to be able to accomplish it.
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?
This isn't, and shouldn't be a budget debate.
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I agree and thanks for giving me an opportunit
However, if there's going to be the conflating of raising the debt ceiling with producing a budget (it goes to address S&P's threat that they'll downgrade unless there's evidence the US addresses debt), we on the left want a smart budget on the table.
Read the Article at HuffingtonPost
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