“On Day One of this new Congress, the Republicans’ first step is backwards. While professing such great concern about spending and debt, they abandon pay-as-you-go budgeting, returning to the Bush-Cheney approach— endless borrowing.
What is the Difference Between the Debt and the Deficit?
Click here for a brief explanation as well as some relevant figures on definitions from the Center on Budget and Policy Priorities.
Read more in my Huffington Post blog here.
December 17, 2010
December 16, 2010
“Social Security’s dedicated funding base is jeopardized by this deal in an unprecedented way and there is a grave risk now that the retirement benefits of America’s workers will have to compete with our other priorities for a share of the general budget. It would result in Social Security being as dependent on annual Congressional action as public television or our National parks
There's a very good reason why people pay Social Security taxes — so they'll get Social Security," Doggett said at a press conference in the Capitol. "I'd rather have nothing done in this area than to do great harm."
December 10, 2010