Category Archives: Austerity

‘A Staggeringly Bad Idea’: Outrage as Pelosi Pushes Tax Rule That Would ‘Kneecap the Progressive Agenda’

“This is a very bad idea, House Democrats. It makes no sense whatsoever to give Republicans veto power over progressive legislation.”

By Jake Johnson, staff writer for Common Dreams. Published 11-16-2018

Nancy Pelosi. Photo: Gage Skidmore/flickr

Nearly three-quarters of the American public and a historic number of Democratic lawmakers support Medicare for All, but the House Democratic leadership is considering using its newly won majority to impose a rule that would “recklessly betray” the grassroots forces that put them in power by making single-payer and other progressive priorities impossible to enact.

According to a list of Democratic proposals obtained by the Washington Post, House Minority Leader Nancy Pelosi (D-Calif.)—who is currently fighting back against efforts to prevent her from becoming House Speaker—is pushing for a rule that would “require a three-fifths supermajority to raise individual income taxes on the lowest-earning 80 percent of taxpayers.” Continue reading

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‘It Keeps Getting Uglier’: As True Costs of HQ2 Scam Emerge, Public Housing and School Offices Getting the Boot to Make Room for Amazon

“The fact that massive public subsidies are helping eliminate affordable housing units is just the latest reason this bad deal needs to be torn up and thrown away.”

By Jake Johnson, staff writer for Common Dreams. Published 11-16-2018

“The taxpayer costs of these two deals is high, both in absolute terms and on a per-job basis, contrary to Amazon’s artful spin. Together, we believe they exceed $4.6 billion,” said Greg LeRoy, executive director of Good Jobs First. (Photo: Street Easy

After learning that New York taxpayers will be forced to finance a helipad for Jeff Bezos, the richest man in the world, it’s possible many believed Amazon’s sweetheart headquarters deal with the Empire State couldn’t get any worse.

But as additional details of the agreement continue to pour in—and as experts estimate its true cost to taxpayers—critics are warning that it the deal is looking increasingly awful for ordinary New Yorkers. Continue reading

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New Study Details ‘Staggering’ $6 Trillion (and Counting) Price Tag of Endless US War

“The U.S. continues to fund the wars by borrowing, so this is a conservative estimate of the consequences of funding the war as if on a credit card.”

By Julia Conley, staff writer for Common Dreams. Published 11-15-2018Wa

Total U.S. spending on war and all of its related costs will hit nearly $6 trillion by the end of 2019, according to the Watson Institute (Photo: Carpetblogger/flickr/cc)

While the human costs will remain impossible to calculate, a new analysis shows that the Pentagon barely scratched the surface of the financial costs of U.S. wars since September 11, 2001 when it released its official estimate last August regarding how much the U.S. has spent on fighting in Iraq, Afghanistan, Pakistan, and elsewhere.

The Watson Institute for International and Public Affairs reports (pdf) that by the end of the 2019 fiscal year, the U.S. will have spent $5.9 trillion on military spending in Afghanistan, Iraq, Syria, and other countries, as well as veterans’ care, interest on debt payments, and related spending at the Homeland Security and State Departments. Continue reading

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Trump Reportedly Wants to Cut Off Federal Relief Funds to Puerto Rico Despite Post-Maria Devastation

The president claims, with no evidence, that local officials want to use recovery money to pay down the U.S. territory’s sizeable debt

By Jessica Corbett, staff writer for Common Dreams. Published 11-12-2018

President Donald Trump reportedly wants to cut off federal relief funding to Puerto Rico even though much of the island is still devastated by Hurricane Maria, which hit the isalnd in September of 2017. (Chris Grogan/Air Force Magazine/Flickr)

Although it has been more than a year since Hurricane Maria ravaged Puerto Rico, in parts of the U.S. territory, “it’s like the hurricane hit yesterday“—yet President Donald Trump wants to cut off recovery money, according to Axios, “because he claims, without evidence, that the island’s government is using federal disaster relief money to pay off debt.”

The unfounded claims about federal funds being misappropriated come from Trump’s misreading of an October Wall Street Journal article, multiple unnamed sources told Axios‘ Jonathan Swan. Continue reading

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Brazil: the day after

Our Brazilian friends are going to be needing us, a lot, in the coming years. We, and what is left of global civil society, have to be prepared and give shelter to those under attack.

By Francesc Badia i Dalmases.  Published 10-27-2018 by openDemocracy

“Courage is what gives meaning to freedom” reads this graffiti on the walls of the Cachoeira public university, in the state of Bahia, pictured in September 2018. Image: Francesc Badia. All rights reserved.

 

 

We have to prepare for the day after.

Brazil is already suffering from a tide of unbearable verbal and symbolic violence, and the incendiary hate speeches are already claiming their share of victims. Bolsonaro’s victory seems indisputable and is forcing us to get ready for a double action.

The first thing will be to protect ourselves and prevent verbal attacks from turning violent under the cloak of euphoria for the victory of a candidate who considers the losers not ideological or political rivals but enemies who must be eliminated. Communist worms, they call them. Continue reading

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As Trump Vows “A Lot of Cutting” After Midterms, Americans Urged to Protect Social Security, Medicare, and Medicaid at the Voting Booth

With Trump’s support, the GOP “has spent the last two years doing everything they can to reach onto our pockets, steal our money, and give it to their pay masters on Wall Street.”

By Julia Conley, staff writer for Common Dreams. Published 10-17-2018

Photo: Social Security Works/Facebook

Following the news this week that under President Donald Trump, the federal deficit exploded to $779 billion in the 2018 fiscal year, the president said Wednesday that he would demand a five percent budget cut from each of his cabinet secretaries.

Stressing that the administration would “continue with the tax cuts, because we have other tax cuts planned,” Trump suggested the deficit was the result of spending on various programs at the Departments of Education, Health and Human Services, and other government agencies. Continue reading

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Nation Warned That Trump’s “Horrifying” Medicaid Pick Hired With “Express Purpose to Dismember” Program

Mary Mayhew “destroyed Medicaid in Maine now she will destroy it in the whole country.”

By Jessica Corbett, staff writer for Common Dreams. Published 10-15-2018

Maine’s former Health and Human Services Commissioner Mary Mayhew has been tapped to run Medicaid on a national level. Photo: WFVX

Provoking immediate warnings about what is now in store for the most vulnerable people in the United States, President Donald Trump on Monday reportedly tapped Maine’s former health commissioner Mary Mayhew—who was instrumental in Republican Gov. Paul LePage’s efforts to block Medicaid expansion in the state—to run the program at the federal level.

Critics such as Zak Ringelstein, a Democratic U.S. Senate candidate from Maine, rapidly denounced her appointment as “horrifying.” Continue reading

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With Nation Transfixed By Kavanaugh Monstrosity, House GOP Votes to Give Rich Another $3 Trillion in Tax Cuts

“This is yet another shameful tax law that would swindle working families and siphon even more funding from the programs that help our communities thrive.”

By Jake Johnson, staff writer for Common Dreams. Published 9-28-2018

“In less than a year, House Republicans have handed out trillions of tax cuts for the wealthy and big corporations,” added Rep. Richard Neal (D-Mass.), ranking member of the House Ways and Means Committee. (Photo: Tax March)

With the nation’s attention rightly transfixed by the Senate GOP’s monstrous efforts to ram through a Supreme Court nominee who has been credibly accused by multiple women of sexual assault, House Republicans on Friday voted overwhelmingly to approve another $3 trillion in tax cuts for the wealthiest Americans just weeks before the November midterms.

“Today the GOP doubled down on last year’s giveaway to the donor class known as the Tax Cuts and Jobs Act,” Morris Pearl, chair of the Patriotic Millionaires, said in a statement following the 220-191 vote. “Tax Cuts 2.0 gives nearly $3 trillion to the wealthiest Americans, and will become yet another excuse for Republicans to slash Medicare and Social Security.”

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With Most Benefits Going to Rich, ‘Reckless and Stupid’ GOP Tax Scam 2.0 Could Cost $3 Trillion Over Ten Years

“Think how many kids we could put through college, roads we could pave, families that could get child care, seniors that could get help with prescription drugs with that much money. Shame!”

By Jake Johnson, staff writer for Common Dreams. Published 9-11-2018

Tax reform press briefing October 31, 2017. Screenshot: YouTube

In their latest “reckless and stupid” bid to deliver massive rewards to ultra-wealthy Americans, House Republicans on Monday introduced three pieces of legislation that make up the GOP’s so-called “Tax Reform 2.0” package.

But with less than two months to go before crucial midterm elections, early estimates indicate the GOP’s proposals would blow a nearly $3 trillion hole in the federal budget over ten years while sending the vast majority of the benefits to the top. Continue reading

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World to Flint Kids: We Still See You

An 11-year-old social media celebrity collects thousands of encouraging letters from around the globe to remind her Flint schoolmates they are not forgotten.

By . Published 8-29-2018 by YES! Magazine

Eleven-year-old Mari Copeny helped raise funds to purchase 15,000 backpacks, which she and her team will stuff with school supplies and distribute to Flint children this week. Photo courtesy of Mari and her family

About 15,000 Flint children will return to school next week with new backpacks stuffed with goodies, some including letters of encouragement and support from people across the globe.

Dear Flint Kids: It’s the start of a new school year, which means it’s a new start for you … I feel really special that my letter would reach such a special person like you …

Dear Flint Kids: It’s the start of a new school year and anything is possible. Believe in yourself …

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