"Words that make actions speak louder."
We have two words for House Speaker John Boehner’s proposal to resolve fiscal showdown. No deal. Campaign for America’s Future co-directors Robert Borosage and Roger Hickey both condemned Boehner’s latest offer, which would reportedly allow tax rates to go up on upper incomes in exchange for reducing the cost-of-living adjustment for Social Security and cuts in […]
Progressive Caucus member Rep. Donna Edwards, D-Md., is working to get her colleagues to sign a letter pledging to oppose a “fiscal cliff” deal that would include a particularly pernicious cut in Social Security benefits. It is pernicious because if it gets included in a tax-and-spending agreement between the Obama administration and Congress it won’t […]
More than 30 of the wealthiest Americans have signed a letter to Congress and the Obama administration arguing that the estate tax should be raised, not lowered, especially at a time when much of the political establishment is calling for the already economically vulnerable to surrender more of their financial security as the price for […]
This week six members of the Congressional Progressive Caucus will be strategizing over how to shift leftward the center of gravity in the debate over taxes and federal deficits. They are insisting on a “revenue-positive” rather than revenue-neutral plan that asks the wealthiest Americans and largest corporations to shoulder a greater share of the costs of repairing the economy for the rest of America.
If any conference was in need of a disruption, it was the “Fix the Debt” roundtable held this morning in the bowels of the Grand Hyatt hotel in downtown Washington. It took a group of protestors—among them a couple of African-American senior women, a male college student, a young women who said “my great grandfather […]
The fight to head off a so-called “grand bargain” that would end up being a grand swindle of economic recovery and opportunity for working-class Americans gets kicked up another notch today when a group of 350 prominent economists and experts release a statement warning President Obama and Congress to turn away from the “obsessive concern […]
Though the balance of power in the House did not change significantly Tuesday, there is one noteworthy bright spot: As of midday today 10 of the 181 members who received “zero” ratings in TheMiddleClass.org Voter Guide lost their re-election bids, and another four are likely to be added to that list as results in their […]
At least seven toss-up races in the House that will be decided Tuesday feature strong progressive challengers trying to unseat Republican incumbents who received zeros in this year’s TheMiddleClass.org Voter Guide. Victories by progressives in these races will help dispel the notion that strong progressive populist campaigns can’t work in swing districts. They will also […]
Americans for Tax Fairness does a pretty devastating take-down of the group of CEOs who were at the New York Stock Exchange Thursday ringing the opening bell under the banner “Fix the Debt.” Their picture makes the point:
Don’t be surprised if Republican Rep. Paul Ryan works hard at tonight’s vice presidential debate to counter Vice President Joe Biden’s Scranton, Pa. working-class roots with his own small-town roots in Janesville, Wis.