On Wednesday, Rep. Keith Ellison (D-Minn.) introduced the Inclusive Prosperity Act (H.R. 1579), which would create a financial transaction tax that would raise billions of dollars in new revenue. The tax is similar to one that existed in the United States until 1966 and that is levied in 40 countries around the world. Another 11 countries are currently considering joining them.

On one side of the rope, students, workers, a polar bear, a walrus and Robin Hood stood. On the other side, a series of fancily dressed Wall Street executives.  The tug-of-war was over a proposed half penny tax on Wall Street transactions designed to raise billions of dollars to pay for education, climate change mitigation and the improvement of public infrastructure. That was the scene Thursday when working family activists who are part of the U.S. Robin Hood Tax Campaign rallied at Hotel Palomar in Washington, D.C., where finance and environmental ministers of select developed countries met.

Reps. Raúl M. Grijalva (D-Ariz.) and Keith Ellison (D-Minn.), Congressional Progressive Caucus co-chairs, released a statement yesterday that there is one simple way we can deal with the upcoming Republican-manufactured faux budget crisis designed to extract painful benefit cuts to Social Security, Medicare and Medicaid: eliminate it. 

Wednesday marked the six-month anniversary of America Crystal Sugar Co.’s lockout of 1,300 workers and Rep. Keith Ellison (D-Minn.) told the U.S. House: “It’s time for the company to negotiate.”

Join progressive activists from around the nation to map out strategy to Take Back the American Dream and rebuild America’s struggling middle class. The annual conference (formerly known as the America’s Future Now conference) is set for Oct. 3-5 in Washington, D.C. Click here to register.

The Campaign for America’s Future is bringing together key leaders and grassroots activists for a critical Summit on Jobs and America’s Future March 10 to tell the truth about what it will take to get America working and to discuss solutions to the economic crisis.