John Gehring: "Written by John Carr, executive director of the Department of Justice, Peace and Human Development at the USSCB, the report is a frank assessment of a deal that asks nothing from the rich even as it puts the squeeze on those already having trouble making ends meet. "While the crisis of default was … Continue reading Catholic Bishops Blast Debt Deal, Tea Party Extremism
Deficit
Speaker Boehner’s New Proposal Could Produce Greatest Increase in Poverty and Hardship of Any Law in Modern U.S. History
Robert Greenstein: "In short, the Boehner plan would force policymakers to choose among cutting the incomes and health benefits of ordinary retirees, repealing the guts of health reform and leaving an estimated 34 million more Americans uninsured, and savaging the safety net for the poor. It would do so even as it shielded all tax … Continue reading Speaker Boehner’s New Proposal Could Produce Greatest Increase in Poverty and Hardship of Any Law in Modern U.S. History
The Bush Tax Cuts Are the Disaster that Keeps on Giving
Center for American Progress: "Ten years ago today, the first round of Bush tax cuts became law. But what if they hadn’t? What would our fiscal situation look like if history had been different in just one respect: if we’d never implemented President George W. Bush’s eponymous tax policies? The short answer is that the … Continue reading The Bush Tax Cuts Are the Disaster that Keeps on Giving