Shortcut Navigation:

AFL-CIO Now

Showing blog posts tagged with fiscal crisis

After the Insanity—Can the Coalition of the Sane Stay Unified or Will Greed Divide Us?

After the Insanity—Can the Coalition of the Sane Stay Unified or Will Greed Divide Us?

So we seem to be returning to sanity in Washington—the House Republicans agreed to allow our government—the people who inspect our food and forecast the weather, guard our national treasures and calculate our economic statistics—to do its job. And the Republicans have decided that, after all, it is important we honor our commitments—to those who lend us money, to those who served our country and to those who merely worked for a lifetime and paid into Social Security, expecting the promise their country made to them would be kept.

Read more and comment »

Join Us Feb. 14 in National Call-In Day to Stop Fiscal Showdown Déjà Vu

Join Us Feb. 14 in National Call-In Day to Stop Fiscal Showdown Déjà Vu

Do you want to protect Social Security, Medicare and Medicaid from benefit cuts? Do you want to close tax loopholes for the wealthy and corporations so they pay their fair share? Do you want to stop another Republican-manufactured fiscal crisis that would imperil the fragile economic recovery and cost as many as 1 million of America's workers their jobs?

Then join us in a National Call-In Day to Congress and tell your lawmakers:

Read more and comment »

AFL-CIO Trans-Atlantic Economic Summit Lays Path for Shared Prosperity

In 2008, with the global financial crisis at its peak and the world teetering on the brink of a second Great Depression, world leaders and policymakers took decisive fiscal and monetary policy actions that bolstered our economies and stopped our financial system from spiraling into chaos and dragging our economies into depression.

But today, AFL-CIO President Richard Trumka told the “Trans-Atlantic Agenda for Shared Prosperity” economic summit: 

Our work is far from done, and no progress has been easy. We have had to battle those who wanted to block the fiscal stimulus, which was so critical for halting our economic slide. And we are still battling those same opponents who now want to impose strict fiscal austerity that threatens to sabotage our economy and trigger a new recession, as those same policies have in Europe.

Read more and comment »

Working Families Tell Lawmakers: 'Protect Our Future'

Photo by Katelyn Hartford

After Sen. Rob Portman’s (R-Ohio) office ignored requests from Columbus-area families to meet and talk about the kind of budget policies he and other lawmakers are pushing that would hurt both working people and the recovering U.S. economy, they decided to drop by anyway. The Wednesday action outside Portman’s Columbus office was just one of dozens of “Protect Our Future” demonstrations around the country.

Read more and comment »

Read Live Tweets From the Vice Presidential Debate

AFL-CIO, AFL-CIO Latino, Working America and other groups live tweeted reactions to last night's vice presidential debate. Read the responses below. 

Text DEBATE to AFLCIO (235246) to join our text action team. (Standard messaging and data rates may apply.)

Follow the vice presidential debate on Twitter.

Read more and comment »

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.

Read more and comment »

Is the U.S. Headed for a Fiscal Cliff?

Is the U.S. Headed for a Fiscal Cliff?

Economist Simon Johnson, co-founder of the popular blog, The Baseline Scenario, joined us here today at the AFL-CIO for a discussion of his new book, White House Burning: The Founding Fathers, Our National Debt and Why It Matters to You. Co-authored with law professor James Kwak, White House Burning shows why the debasement of our political system in the 1980s and 1990s has produced a dysfunctional Congress that perpetuates our debt-based economy.

Johnson, a professor of entrepreneurship at the MIT Sloan School of Management, joined us in a Q&A on his findings and analysis of where we go from here.

Read more and comment »

Walker Over Coffee

Wisconsin Gov. Walker will appear on Fox News Sunday today to defend his assault on middle-class jobs and workers’ right to bargain collectively. (Check local listings for time and station.) Let’s hear what you think. Answer back at the We Are One solidarity page on Facebook. (It may be hard, but keep it civil.)

Read more and comment »

Online Community

Take Action

Stop Fast Track

Sign the petition and tell Congress to stop the Fast Track bill, it's undemocratic and bad for working families.

Connect With Us

  • Facebook
  • Twitter
  • YouTube
  • Flickr

Get Email from AFL-CIO

Are you a union member?

GET TEXT FROM AFL-CIO

*Message and data rates may apply.

Facebook Favorites

Blogs

Join Us Online