Tag Archives: social security

Putting Common Good Over Billionaires and War Profiteers, House Progressives Introduce “People’s Budget”

The Congressional Progressive Caucus’ plan “invests in our neglected infrastructure, ends the systematic inequality in our tax system by making corporations pay their fair share, and stops the rising cost of drugs.”

By Jake Johnson, staff writer for Common Dreams. Published 7-24-2018

“The People’s Budget embodies that new vision by investing in the interests of the people over the interests of the arms industry and the billionaire class,” Paul Kawika Martin, senior director for policy and political affairs at Peace Action, noted in a statement on Tuesday. (Photo: Congressional Progressive Caucus)

Offering an ambitious alternative to the House GOP’s “morally bankrupt” 2019 budget proposal—which demands over $5 trillion in cuts to Social Security, Medicaid, and other life-saving programs—the Congressional Progressive Caucus (CPC) on Tuesday unveiled a budget that calls for massive investments in infrastructure, healthcare, and education while proposing significant cuts to the completely “out-of-control” Pentagon budget.

Titled The People‘s Budget: A Progressive Path Forward (pdf), the CPC’s plan also calls for a ban on “any expansion of U.S. combat troops in Syria, Iraq, Yemen, Afghanistan, and many other countries,” demanding an immediate end to “the policy of funding endless wars.” Continue reading

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‘Morally Bankrupt’: After Tax Cuts for Richest, House GOP Unveils $5.4 Trillion Attack on Nation’s Safety Net

The Republican budget’s “extreme cuts to healthcare, retirement security, anti-poverty programs, education, infrastructure, and other critical investments are real and will inflict serious harm on American families.”

By Jake Johnson, staff writer for Common Dreams. Published 6-19-2018

Photo: YouTube

With the nation’s attention rightly fixated on President Donald Trump’s horrific treatment of immigrant children, House Republicans on Tuesday quietly unveiled their 2019 budget proposal that calls for $537 billion in cuts to Medicare, $1.5 trillion in cuts to Medicaid, and four billion in cuts to Social Security over the next decade in an effort to pay for their deficit-exploding tax cuts for the wealthy.

“It’s morally bankrupt, patently absurd, and grossly un-American,” the advocacy group Patriotic Millionaires said of the GOP’s budget proposal, which calls for $5.4 trillion in spending cuts from major domestic programs. Continue reading

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Sounding Alarm Over Possible #GOPTaxScam 2.0, 130 Groups Warn Lawmakers Against ‘Another Massive Tax Cut’ for Wealthy

New letter warns of conservatives seeing “an excuse for still deeper cuts” to social safety net

By Andrea Germanos, staff writer for Common Dreams. Published 6-13-2018

A woman holds a sign at a protest of the “Trump tax scam” on Dec.4, 2017. (Photo: CDEL Family/flickr/cc)

With President Donald Trump and fellow Republicans eyeing a second round of tax cuts—with a rollout possible this summer—130 organizations are urging members of Congress to reject them, because, like the first round, they will “primarily enrich the already wealthy” while threatening even deeper cuts to essential services.

“The richest Americans do not need another massive tax cut,” the letter from national groups including the AFL-CIO, Americans for Tax Fairness, Friends of the Earth, the National Education Association, and Patriotic Millionaires states. Continue reading

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With Tax Scam Complete, GOP Caucus Unveils Insane Budget Blueprint to Attack Safety Net

Programs like Social Security and Medicare are gutted while tax cuts are made permanent in plan

By Andrea Germanos, staff writer for Common Dreams. Published 4-26-2018

Rep. Mark Walker (R-NC) is the chair of the Republican Study Committee, a far-right caucus for House Republicans.

An ultraconservative Republican House caucus on Wednesday put forth its spending plan that represents a draconian wishlist of attacks on the social safety net and consumer and environmental protections while including a plan to further enrich the wealthy by making making permanent parts of the GOP tax plan.

The budget blueprint from the Republican Study Committee (RSC)—and titled A Framework of Unified Conservatism—says it “would take unprecedented steps to begin the deconstruction of the administrative state” and would cut $12.4 trillion over the next decade from federal spending. Continue reading

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We started a revolution over this once

Do you remember voting for lobbyists to decide who pays what in taxes? We don’t.

Photo: Daniel Huizinga/flickr

On Friday night, the Senate passed their version of the #GOPTaxScam. The bill, all 479 pages of it, was presented to the full Senate just hours before the vote. The vote was along party lines, with the one dissenting vote among the Republicans coming from Senator Bob Corker of Tennessee.

So, what was in this bill, and why did they vote on it before all the Senators could actually read through the bill? We’re glad you asked. First, what’s in it.

A lot of the bill is what you’d expect. For example:

  • The top individual rate is reduced from 39.6% to 38.5%, and the threshold at which the top rate kicks in is increased from $418,000 for a single/$480,000 for married filing jointly to $500,000/$1,000,000
  • The estate tax exemption is doubled, to $11 million for a single taxpayer and $22 million for married taxpayers.
  • The corporate rate is reduced from 35% to 20%.
  • The top rate on the income earned by owners of “flow through” businesses — S corporations and partnerships — is reduced from 39.6% to a shade below 30%.

Questions about these measure that we were forced to ask include; how is it that corporations are able to keep the tax deductions that have now been excluded from individual tax bases? Why is the corporate tax is now LOWER than the top individual rate? If corporations are people too, why is there ANY difference in these tax rates?

Then, there’s the “Why are these items in a tax bill, anyways?” parts. These include:

  • A provision that explicitly allows parents to use tax-free college savings plans, known as 529s, for a “child in utero.” This is essentially a personhood bill, setting a precedent for the legal definition of life beginning at conception.
  • The bill repeals the Johnson Amendment, which bans non-profit groups from engaging in political activism. This would mean that churches and the like could actively engage in elections without disclosing individual donors; think of it as Citizens United on steroids. This serves the purpose of blurring the lines between the separation of church and state, allowing the churches to donate and promote individual candidates in local and national elections, all while cloaked under the donation secrecy this provision allows.
  • Eliminating the individual mandate of the ACA. While this actually does deal with taxes (the fine for not being insured is paid as part of your taxes), removing the mandate means that younger and healthier people won’t buy insurance until they need it. These are the people who currently offset the cost of providing healthcare to the older and sicker people. Without this in place, premiums will rise dramatically more than the anticipated 10% over the next 10 years.
  • A provision that would open part of Alaska’s Arctic National Wildlife Refuge, or ANWR, to oil and gas exploration. While this would raise revenue, it only amounts to $2 billion over the next ten years, at the cost of almost assuredly ruining the local environment and ecosystem. Additionally, it is worded in such a way that it is actually ILLEGAL to not drill, forcing Alaska to accept ANY drilling permits and fields desired.

Of course, the individual tax cuts are set to expire, meaning that the middle class will see a tax increase. And, what’s going to pay for these? The GOP mantra’s always been that tax cuts pay for themselves, but others, such as Marco Rubio, have already admitted that the tax reform is part one of a two-step process designed to defund and eventually dismantle Medicaid, Medicare and Social Security; the very programs designed to help the elderly, disabled and poorest members of American society.

Now obviously, a lot of these proposals don’t sit well with the electorate. So, why the rush to pass it? The GOP needs a victory. Even with controlling both houses of Congress and the White House, this administration’s been notably inept in getting meaningful things accomplished. Furthermore, the GOP donor class has stated that the campaign money will dry up if they don’t get the tax cuts they want.

Photo: Represent.US

So, who came up with most of the amendments? Lobbyists. Out of the 11,000 registered lobbyists in Washington, more than 6,000 said that they worked on taxes this year. That works out to 11 lobbyists for each member of Congress. Do you remember electing lobbyists to write our laws? We sure don’t.

We still have a chance to stop this. The House and Senate bills now go to a conference committee. The bill that comes out of that will need to be passed by both houses. The healthcare fiasco this summer proves that if we’re loud and persistent enough, our message gets through. And, with the bill only having 37% approval before the vote, there’s enough of us to make the message get through.

And what if it doesn’t? The last time that the GOP had won control of both houses and the presidency before 2016 was 1928. The new tax bill looks even more extreme than the policies put into place by the Republicans after the 1928 election. Does anybody remember what happened in 1929?

Another annoying historical factoid that you may wish to remember at a time like this: 244 years ago, a group of people decided that they weren’t going to pay taxes without proper representation, and what became known as the Boston Tea Party took place. This in turn led to a revolution, and the founding of this country.

“Those who cannot remember the past are condemned to repeat it.” – George Santayana

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Trump Tax “Hoax” Would Blow $5 Trillion Hole In Budget Over Next Decade: Analysis

‘The idea that this plan would help average Americans instead of the wealthy and big corporations has been a hoax all along.’

Mick Mulvaney press conference about President Donald Trump’s budget plan. Screenshot: YouTube

By Jon Queally, staff writer for Common Dreams. Published 9-26-2017

Trumpcare may be dead again (for a while at least) on Tuesday, but Republicans now want to get serious about what they call “tax reform,” but which critics are resolute in saying is just a major push to give the nation’s corporation and wealthiest individuals another massive giveaway they don’t need and certainly don’t deserve.

A day ahead of the Trump administration’s scheduled release of what it says will be a “detailed” tax plan, progressive policy groups are again warning the American people not to be fooled by rhetoric as they highlight estimates showing the likely proposal will cost the government trillions of dollars in revenue over the next decade and lead the way towards massive cuts in key social programs that help insulate low-income and working Americans from an economy already “rigged” in favor of the wealthy and powerful. Continue reading

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Disabled, Sick or Poor? Trump’s America is not for You

Trump’s contempt for disabilities became apparent early in his campaign. Now echoed by Ryan’s budget and the GOP’s pushing of a healthcare plan whose success depends on Americans with illness dying to save billions over the years in lowered medical costs, many are losing hope.

Written by John Benedict

Photo: fionao71/tumblr

I’m angry.

As an American who works for a company whose owner is disabled; as a coworker of a person who is disabled; as the son and nephew of disabled American Veterans; and the spouse of a person who receives RSDI income due to a disability; I’m sickened by the proposed 2018 Federal Budget put out by the Trump White House.

The current administration shows no regard for Americans with disabilities. Nor do they appear to care about anyone with a “pre-existing” medical condition. Nor do they care about anyone else who will lose their healthcare coverage when the Republicans figure out a way to repeal the Affordable Care Act. Oh, did I mention that they also plan on slashing spending on Medicaid,  the Supplemental Nutrition Assistance Program (SNAP), the Childhood Health Insurance Program (CHIP), Social Security Disability Insurance, Social Security Benefits, and other programs?

Since when do we care so little about our fellow Americans that we would be willing to let them suffer and even die so that “we” can build up our already enormous stockpile of military weapons and be able to give each of the millionaires in the United States a nice $50,000 tax break (round numbers- if you happen to be a millionaire -your slice of what is left of the sick / disabled /or poor may be slightly different)?

I have paid taxes for 39 years to fund these programs. Now this administration tells me and the rest of the American taxpayers that we don’t need any safety nets. If you can’t work, well then , you don’t deserve to eat. If you are unfortunate enough to get hurt on the job, well then, it sucks to be you. You don’t deserve a “hand-out” from the insurance fund that you have paid into your entire working life. If your child has cancer that is being treated under your current insurance policy, and your employer decides to change insurance providers, well sorry about that, but that is a ‘pre-existing’ condition now and your new insurance won’t cover it, or it will up to a limit that you will surpass in a short amount of time, we can’t worry about that, because this country needs more bombs and missiles, and a tax cut for the millionaires who REALLY don’t care if that child of yours dies or not. Suck it up buttercup and get with the program. You and your well being JUST DON’T MATTER.

I love my county. I believe  the politicians that “We the People” elect are supposed to represent  all of us that comprise”We the People”. Not the Corporations (no matter what SCOTUS told us in the ‘Citizens’ United’ decision), and NOT just a small amount of “citizens”who have filled their campaign coffers. We need politicians who have the gumption to stand up against this budget which is nothing more than a vile attack on those who are poor, sick or disabled.

We as Americans deserve better. Much Better.

Related Article: No country for people with disabilities

About the Author:
John Benedict grew up in white, middle-class America when there still was such a thing. He has worked blue collar jobs for nearly 40 years. He grew up in a home where one parent who had a disability. He also is now married to a disabled spouse.

 

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Trump Administration Considering ‘Back-Door Way’ to Cut Social Security

‘If Trump proposes this Trojan horse, it would be the newest shot in the ongoing Republican war against Social Security’

By Deirdre Fulton, staff writer for Common Dreams. Published 4-11-2017

Social Security Works president says latest proposal is “a Trojan horse: It appears to be a gift, in the form of middle class tax relief, but would, if enacted, lead to the destruction of working Americans’ fundamental economic security.” (Photo: Tama Leaver/flickr/cc)

President Donald Trump, who campaigned on a promise not to cut Social Security, is reportedly considering a plan to eliminate much of the payroll tax that funds the critical safety net program.

According to the Associated Press on Monday, the proposal is being floated as the Trump administration goes “back to the drawing board in a search for Republican consensus behind legislation to overhaul the U.S. tax system.” Continue reading

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Defenders of Social Security Mobilize Against GOP Attack on Retirees

On “Valentine’s Day for millionaires,” U.S. Senate confirms safety-net opponent Mick Mulvaney for head of Office of Management and Budget

By Deirdre Fulton, staff writer for Common Dreams. Published 2-16-2017

“Between the end of their payroll taxes for the year, and [Mick] Mulvaney’s…confirmation, Thursday could turn out to be an especially pleasant day for millionaires,” Campaign for America’s Future senior fellow Richard Eskow wrote in an op-ed. (Image: Social Security Works)

On the same day that U.S. millionaires stop paying into Social Security for the rest of the year, President Donald Trump’s pick to head the Office of Management and Budget (OMB)—who wants to slash the safety net program—was confirmed to that post by the U.S. Senate.

Citing his support for cutting Social Security, Medicare, and Medicaid, lawmakers and advocacy groups took to social media on Thursday to denounce Rep. Mick Mulvaney’s (R-S.C.) nomination to head OMB. During his confirmation hearing last month, Sen. Bernie Sanders (I-Vt.) voiced concern that Mulvaney’s views were “way, way out of touch with what President Trump campaigned on.” (Sanders elaborated in a tweet storm highlighting several instances in which the Tea Party Republican went on the record as wanting to slash funding for the programs and raise the retirement age.) Continue reading

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Older Americans Pushed Into Poverty as Feds Garnish Social Security for Student Debt

‘Hard-earned Social Security checks should not be siphoned off to pay interest and fees on student loan debt,’ says Elizabeth Warren

By Deirdre Fulton, staff writer for Common Dreams. Published 12-21-2016

“We could have hundreds of thousands of American seniors living in poverty due to garnished Social Security benefits if this trend continues,” said Sen. Claire McCaskill of Missouri. (Photo: Kate Gardiner/flickr/cc)

The federal government is garnishing Social Security checks to recoup unpaid student debt, leaving thousands of retired or disabled Americans below the poverty line and setting the stage for an even bigger problem, according to a new report.

The data from the Government Accountability Office (GAO), compiled at the behest of Sens. Claire McCaskill (D-Mo.) and Elizabeth Warren (D-Mass.), showed that people over the age of 50 are the fastest-growing group with student debt, outpacing younger generations—and compared to younger borrowers, older Americans have “considerably higher rates of default on federal student loans.” This leaves them open to having up to 15 percent of their benefit payment withheld, in what’s called an “offset.” Continue reading

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