Showing blog posts tagged with budget
Congress is headed toward yet another manufactured budget crisis after House Republicans today passed legislation that AFL-CIO Government Affairs Director William Samuel says will provoke another government shutdown by making “ransom demands” that are “unacceptable” and “unrealistic."
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House Majority Leader Eric Cantor (R-Va.) said on Sunday that Republicans would be open to restoring some of the funding lost in the job-killing sequester if
new cuts to social safety net programs
were put in place. In effect, Cantor is suggesting replacing one policy that hurts the economy and suppresses job growth with another policy that does the exact same thing.
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Doctors work hard to find medical options for their patients. Corporations work hard to award stock options (the right to buy shares in the future, usually at a steep discount) to their top executives. Which effort would you like your tax dollars to support?
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The Economic Policy Institute (EPI) has released a lot of important research about the economy in the last few weeks. Here's a look at some of the key pieces it uncovered about the U.S. economy.
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Social Security advocates, senior activists, community and faith allies will form a “
Human Chain Against the Chained CPI
” in front of congressional offices and federal buildings in more than three dozen cities July 2. The
Alliance for Retired Americans’
national day of action is designed to showcase the broad base of support for protecting and enhancing retirement security, not dismantling Social Security inch by inch.
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The budget that President Obama released today is drawing intense criticism for its cuts to Social Security and Medicare benefits. AFL-CIO President Richard Trumka
called those cuts
“wrong and indefensible.”
A president’s budget is more than just numbers. It is a profoundly moral document. We believe cutting Social Security benefits and shifting costs to Medicare beneficiaries—while exempting corporate America from shared sacrifice—is wrong and indefensible.
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President Obama will hear a straightforward and simple message from more than 2 million people today responding to reports that his budget
will include cuts to Social Security and Medicare
:
The '
Chained' CPI
is a benefit cut to a program that does not contribute to the deficit. Do not barter it away in the name of deficit reduction. Stand strongly against all cuts to Social Security, Medicare and Medicaid.
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