Democrats present a completely different path to sustainability and growth for America than Republicans (Congress, Iraq)

[analyze_this]

Budget of the Congressional Progressive Caucus
Fiscal Year 2012

The People’s Budget eliminates the deficit in 10 years, puts Americans back to work and restores our economic competitiveness. The People’s Budget recognizes that in order to compete, our nation needs every American to be productive, and in order to be productive we need to raise our skills to meet modern needs.

Our Budget Eliminates the Deficit and Raises a $31 Billion Surplus In Ten Years
Our budget protects Social Security, Medicare and Medicaid and responsibly eliminates the deficit by targeting its main drivers: the Bush Tax Cuts, the wars overseas, and the causes and effects of the recent recession.

Our Budget Puts America Back to Work & Restores America’s Competitiveness
• Trains teachers and restores schools; rebuilds roads and bridges and ensures that users help pay for them
• Invests in job creation, clean energy and broadband infrastructure, housing and R&D programs

Our Budget Creates a Fairer Tax System
• Ends the recently passed upper-income tax cuts and lets Bush-era tax cuts expire at the end of 2012
• Extends tax credits for the middle class, families, and students
• Creates new tax brackets that range from 45% starting at $1 million to 49% for $1 billion or more
• Implements a progressive estate tax
• Eliminates corporate welfare for oil, gas, and coal companies; closes loopholes for multinational corporations
• Enacts a financial crisis responsibility fee and a financial speculation tax on derivatives and foreign exchange

Our Budget Protects Health
• Enacts a health care public option and negotiates prescription payments with pharmaceutical companies
• Prevents any cuts to Medicare physician payments for a decade

Our Budget Safeguards Social Security for the Next 75 Years
• Eliminates the individual Social Security payroll cap to make sure upper income earners pay their fair share
• Increases benefits based on higher contributions on the employee side

Our Budget Brings Our Troops Home
• Responsibly ends our wars in Iraq and Afghanistan to leave America more secure both home and abroad
• Cuts defense spending by reducing conventional forces, procurement, and costly R&D programs

Our Budget’s Bottom Line
• Deficit reduction of $5.6 trillion
• Spending cuts of $1.7 trillion
• Revenue increase of $3.9 trillion
• Public investment $1.7 trillion

http://grijalva.house.gov/uploads/Th...2%20Budget.pdf

[pch1013]

And the GOP Bingo game begins now!

"Socialism, anti-business, un-American, illegals, government takeover, Marxist, community organizer, Communism, redistributionist, collectivist, BLARGH!"

[shiftymh]

You could have just typed 'theft' instead of all that nonsense.

[Ferd]

Originally Posted by pch1013

And the GOP Bingo game begins now!

"Socialism, anti-business, un-American, illegals, government takeover, Marxist, community organizer, Communism, redistributionist, collectivist, BLARGH!"

Yep. I got as far as the second word and realized I was reading a document put together by some Marxist pie in the sky utopian nutjob.

How is that for GOP Bingo?

The peoples budget my foot!

gimme a break.

[analyze_this]

Originally Posted by shiftymh

You could have just typed 'theft' instead of all that nonsense.

Did you even read their proposal? What's contained is far more watered down than the system we had in place in the 50's and 60's, where the middle class America was the strongest with a 70% tax rate on the very rich. The boomers benefited from all this "socialism, marxism" and now demand that we throw the younger generations to the wolves, now that they have had theirs.

[pch1013]

Originally Posted by Ferd

Yep. I got as far as the second word and realized I was reading a document put together by some Marxist pie in the sky utopian nutjob.

How is that for GOP Bingo?

The peoples budget my foot!

gimme a break.

Or, you know, we could just go with the Romney plan of more huge tax cuts for corporations and the wealthy. Because that's worked so well for the past 20 years.

[Ferd]

Originally Posted by pch1013

Or, you know, we could just go with the Romney plan of more huge tax cuts for corporations and the wealthy. Because that's worked so well for the past 20 years.

here is the thing. We know what the Romney plan is. What is this? has it been scored by the CBO or any other non-partisian group? what are the nuts and bolts here?

As for what has or has not worked over the last 20 years, we know full well that tax policy didnt cause the economic meltdown. We really do know what did cause it. and it was bad policy (both to much regulation in the wrong place and too little regulation in other places) That had nothing to do with tax policy.

your dog aint hunting.

[analyze_this]

I still don't understand why the Dem have not better exploited the following:

Bush cut taxes for the rich and cut regulations - and we got the worst recession in our lifetime, Wall Street and other big Corporations committed fraud and brought the country to its knees...and now Romney's plan is to ut taxes for the rich and cut regulations?????

Also:

Consumers generate 2/3 of the economic activity - so we are the Job Creators, not Paris Hilton, and certainly not Romney who has not worked in 10 years but still got the "job creator" tax break. Give the consumers a tax break not the millionaires

That's not a budget. It's a collection of bullet points and some charts with almost no explanation of how they were arrived at.

They may actually have a solid plan, but it's going to take a lot more work than that 12 page document to convince people of it.

[Little-Acorn]

(oops, duplicate post)