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Nation Topics - Budget Wars

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Nation Topics - Budget Wars

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Simpson and Bowles

Candidates who ran on slashing Medicare and Social Security lost big in November. But that doesn’t stop Pete Peterson from pushing the fantasy that voters’ biggest concern is the deficit.

The “Fix the Debt” campaign is pure astroturf: corporate cash machinery masquerading as a grassroots uprising.

Dire warnings about the deficit don’t add up mathematically. But then, Fix the Debt is not really about the economy, it’s about gutting Medicare, Social Security and other social programs.

Dollar bills

In the looming debt-ceiling fight, progressives must make the case for protecting social programs, raising revenues and cutting the Pentagon budget.

What really happened on Capitol Hill this week, and a look ahead to the budget battles on the horizon. 

The median income of people over age 65 is less than $20,000. The solution is not to cut that further.

A few key points to keep in mind during the "fiscal cliff" negotiations.

Barack Obama

The “fiscal cliff” is being used to demand cuts that would otherwise be politically impossible.

How to get yourself to the edge of the fiscal abyss and not jump. 

Blogs

Congress’s late-night fiscal cliff deal was overall bad news for progressives.

January 2, 2013

Big wins on top-earner tax breaks and unemployment insurance set off by possibility of more cliffs and some harmful austerity measures. 

January 2, 2013

A new year's resolution for Washington: make the economy work for working people. 

January 2, 2013

Boehner's vision for a post-cliff America includes slashing benefits and gutting vital social services. 

January 2, 2013

Pundits expressed a range of views on the deal passed by Congress late last night.

January 2, 2013

The proposed budget solution “does not generate the revenue necessary for the country to meet its needs.”

January 2, 2013

Despite the hysteria over the fiscal cliff, the people won—this round at least.

January 1, 2013

The proposed bargain sets the stage for big entitlement cuts down the road. 

December 31, 2012

We’re going off the cliff. What does it mean?

December 29, 2012