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Showing blog posts by Kelly Ross

The Latest Republican Plan to Outsource Jobs

The Latest Republican Plan to Outsource Jobs

House Republicans are proposing another enormous tax break for corporations to outsource jobs. The latest Republican outsourcing plan is very similar to the one promoted by former Gov. Mitt Romney in the 2012 presidential campaign, which President Barack Obama said would cost 800,000 jobs.

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What’s Next in the 'Fiscal Cliff' Debate?

Photo courtesy of Art Strike.

It’s back! Just when you thought you might never hear the words “fiscal cliff” again, the sequel to this horror movie is about to be released. Look for it in your local theater, radio, TV and website—non-stop, 24/7—beginning sometime in February.

Yes, those irrepressible Republicans in Congress have cooked up yet another manufactured crisis and are once again holding the U.S. economy hostage. This time they are threatening to cause a U.S. government default unless they get their way. You know—the same stunt they pulled last summer. And what are congressional Republicans demanding as ransom to spare the economy? The same things they were demanding last time we went through this ordeal: benefit cuts to Social Security, Medicaid and Medicare.

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The High Price of Republican Hostage-Taking

Just a few days after the election, House Speaker John Boehner made clear that Republicans plan to hold the economy hostage once again to their ransom demands for the richest 2%.

Working families are telling Congress no more tax breaks for the wealthiest 2% and no benefit cuts to Social Security, Medicare and Medicaid. Learn more at www.aflcio.org/ProtectOurFuture

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How to Boost the Economy by Ending Tax Cuts for the Wealthy

A new report by Josh Bivens and Andrew Fieldhouse of the Economic Policy Institute (EPI) and The Century Foundation (TCF) shows how ending Bush tax cuts for the richest Americans could lead to 2 million more jobs in 2013 and 1.4 million more jobs in 2014.

The EPI report explains what economists already know about tax cuts for the wealthy—they are extremely ineffective in creating jobs.

EPI shows how we could end these wasteful tax cuts for the wealthy, use half of the savings to reduce the deficit and use the other half to create jobs in much more effective ways.

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No, Republicans Have Not Changed Their Tune on Taxes

No, Republicans Have Not Changed Their Tune On Taxes

Some news outlets have suggested that Republicans have changed their position on taxes after their resounding defeat on Tuesday. This is not the case. Republicans are still demanding lower tax rates for the richest 2% of Americans, paid for by cuts to Social Security, Medicaid and Medicare.

Yesterday, the Republican Speaker of the House, John Boehner, said that Republicans are “willing to accept new revenue under the right conditions.” But this is the same position Republicans have staked out for more than a year.

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Here's Your Road Map for the Upcoming Budget Obstacle Course

Here's Your Road Map for the Upcoming Budget Obstacle Course

After the election, Congress will make some high-stakes decisions about jobs and taxes that could have serious consequences for working families and the economy. A new report by the Economic Policy Institute (EPI) should serve as the working families’ guide to the post-election debate.

Here are some of the decisions facing Congress when they return: the federal unemployment benefits program expires at the end of December. The Bush tax cuts also expire automatically and Congress will have to decide whether to extend them for the middle class or also extend them for the richest 2% of Americans.  Thanks to last summer’s debt ceiling agreement, across-the-board budget cuts are scheduled to take effect in January 2013.  If Congress makes the wrong calls on these high-stakes decisions, we could have another recession in 2013.

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