Posts tagged ‘Medicare’

Robert Reich on the Romney-Ryan Economic Plan

by , posted on Monday, August 20th, 2012 at 7:22 pm

from MoveOn.org Political Action

The five basic features.

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Representative Schmitz Willing to Kiss off $12,300,000,000 in Illinois Revenue

by , posted on Friday, May 25th, 2012 at 8:19 pm

“We don’t lower taxes here in Illinois,” State Representative Tim Schmitz (R) 49th district, said. “I’ve been here for fourteen years and we’ve never done that.”

“Even if it means lowering those taxes would bring in more than $6,300,000,000 in revenue for Illinois?” she said she asked.

She could hardly believe her ears. Perhaps he didn’t understand. So she explained how a graduated income tax would work for Illinois. She pointed out that forty-three states already have this kind of tax, that it would provide relief for middle and low-income residents, and that research has shown it boosts consumer spending and the local economy.

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Progressives hold Republicans accountable for Medicare vote

by , posted on Wednesday, April 4th, 2012 at 9:45 am

new video from the Progressive Change Campaign Committee

For more info on the Progressive Change Campaign Committee, click here.

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President Obama’s Big Deal: Cuts for Social Security, but No Taxes for Wall Street

by , posted on Wednesday, July 20th, 2011 at 2:45 pm

Cross-posted from Truthout, where it was originally published on July 18, 2011.

The ability of Washington to turn everything on its head has no limits. We are in the midst of the worst economic downturn since the Great Depression. Even though the recession officially ended two years ago, there are still more than 25 million people who are unemployed, can only find part-time work or who have given up looking for work altogether. This is an outrage and a tragedy. These people’s lives are being ruined due to the mismanagement of the economy.

And we know the cause of this mismanagement. The folks who get paid to manage and regulate the economy were unable to see an $8 trillion housing bubble. They weren’t bothered by the doubling of house prices in many areas, nor the dodgy mortgages that were sold to finance these purchases. Somehow, people like former Federal Reserve Board Chairman Alan Greenspan and his sidekick and successor Ben Bernanke thought everything was fine as the Wall Street financers made billions selling junk mortgage and derivative instruments around the world.

When the bubble burst, one of the consequences was an increased budget deficit. This is kind of like two plus two equals four. The collapsing bubble tanked the economy. Tax revenue plummets and we spend more on programs like unemployment insurance and foods stamps. We did also have some tax cuts and stimulus spending to boost the economy. The result is a larger budget deficit.

All of this is about as clear as it can possibly be. The large deficit came about because the housing bubble, which was fueled by Wall Street excesses, crashed the economy. Yet, we are constantly being told by politicians from President Obama to Tea Party Republicans that we have a problem of out-of-control spending.

The claim of out-of-control spending is simply not true. It is an invention, a fabrication, a falsehood with no basis in reality that politicians are pushing to advance their agenda. And that agenda is not pretty.
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Loyal to a Fault

by , posted on Monday, July 18th, 2011 at 7:35 am

Like a lot of progressives, I’ve been troubled by the President’s response to the debt ceiling crisis which Republicans in Congress have been engineering lately. I’m not a deficit hawk. I believe we need more social investment, not less. So, as far as I’m concerned, both sides of this negotiation are on the wrong side of the debate.

And it’s not just that allowing the debate to narrow in this manner leads us to bad policy choices. It’s also bad politics.

Having the nominal leader of the Democratic Party himself opening the door to the possibility of Medicare cuts, even if it’s just some sort of negotiating ploy, undercuts the efficacy of a key campaign message that Democrats need to be able to run on in 2012: opposition to the desire of Paul Ryan and the Republicans to cut Medicare.

So, when the Progressive Change Campaign Committee began circulating a petition that it hoped would stiffen Obama’s spine in these negotiations, I signed on. And I posted a link to it on my Facebook wall as well, hoping that others of a like mind would sign the pledge, too.

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Everybody In, Nobody Out: Single-payer rally on Capitol Hill

by , posted on Sunday, August 2nd, 2009 at 9:27 pm

Last Thursday was probably the hottest and most humid day of the summer so far in Washington, DC, and yet several hundred health care reform activists, brought together by the Leadership Conference for Guaranteed Health Care, stuck it out in the heat to rally and lobby for single-payer. It was the 44th anniversary of the

passage of Medicare and the day began with the delivery of Medicare birthday cupcakes and cards to congressional offices. Later in the day activists met with their representatives to lobby for single-payer. And in between a rally was held in Upper Senate Park, just across the street from the Capitol. The remarks of several of the speakers and photos from the rally follow.

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