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Economic News Roundup

Economic News Roundup

The Economic Policy Institute (EPI), National People's Action (NPA), the Center for Effective Government, and Citizens for Tax Justice (CTJ) have released important research about the economy in the past few weeks.

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9 Reasons Why We're Giving a 'Thumbs Down' to the Ryan Budget

Liz Lemon, 30 Rock

House Republican leaders passed Rep. Paul Ryan’s budget this week by a vote of 219 to 205, with no Democrats voting in favor. The Ryan budget is chock full of so many terrible ideas that it’s hard to single out the biggest stinkers, but here goes.

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Ryan Budget: Same Stuff, Different Year (Yawn)

Ryan Budget: Same Stuff, Different Year (Yawn)

Rep. Paul Ryan (R-Wis.) released the Republican budget plan today that can be described best by the famous quote from baseball philosopher Yogi Berra, “Déjà vu all over again.” Yep, it’s the same old tired—uh, we’ll call it stuff—Ryan and the Republicans have been trying to peddle for years.

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What We’re Reading Today: Wednesday News Roundup

What We’re Reading Today: Wednesday News Roundup

Here are some headlines from the working families news we're reading today (after the jump).

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A Touch of Irony: Anti-Debt Group Saddled with Red Ink

My Mom always said you shouldn’t take joy in other people’s misfortune. But sorry, Mom, I am getting a little kick out of the reported financial misfortune of a group boasting bloodlines that trace back to the “Grand Bargainers” Alan Simpson and Erskine Bowles.

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Hey, Congress, Cut It Out

Hey, Congress, Cut It Out

We need a budget that helps, not hurts, working people, protects Social Security, Medicare and Medicaid from benefit cuts, invests in our infrastructure and creates jobs by raising revenue from Wall Street and the wealthiest 1%. Repealing tax subsidies for sending jobs overseas, for example, would generate $583 billion over 10 years.

Take the pledge to call your elected representatives on Dec. 12 and demand a budget deal for working families.

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What Did 700,000 People Tell Paul Ryan on Wednesday?

What Did 700,000 People Tell Paul Ryan on Wednesday?

On Wednesday afternoon, several retirees and working family activists visited Rep. Paul Ryan's (R-Wis.) office to deliver more than 708,000 signatures on a petition to the House Budget Committee chair, telling him there should be "no grand bargain in exchange for cuts to Social Security, Medicare, and Medicaid benefits." Ryan was not present and his staffers would not allow those with cameras into the office. Instead, a staffer came out into the hallway and accepted the petitions.

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Time's Running Out for Congress to Act on Vital Issues

Time's Running Out for Congress to Act on Vital Issues

With the end of the legislative session looming, here’s a look at some of the key working family issues still on the congressional agenda. See the issues after the jump.

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Smallest-Ever Social Security COLA Still too Big for 'Chained' CPI Backers

Smallest-Ever Social Security COLA Still too Big for 'Chained' CPI Backers

Next year, the millions of Social Security recipients will see the smallest cost-of-living adjustment ever—just 1.5% or about $19 a month. If the politicians—and their billionaire friends who don’t want to pay the same taxes workers do—who are pressing hard for the "chained" CPI benefit cut had their way, the adjustment would be even smaller than 2014’s historic low.

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McHelp Me! McDonald’s Pushes Welfare, Not Wages

McDonald’s can’t say it doesn’t know it pays its workers so little that many of them qualify for public assistance (52% of fast-food workers do) to eat, go to the doctor or heat their homes. In fact, the burger giant appears to encourage its employees to seek out government help to meet the ends that their paychecks won’t.

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