Let’s raise the contribution cap, get rid of tax preferences for gilded CEO retirement accounts, and use the extra revenue to expand retirement benefits.
The budget deal was supposed to slow spending, but the most expensive federal agency didn’t get a budget cut — it got a raise.
Conservatives weaponized the debt deal to consolidate power. Let’s use the budget to create new power structures.
Washington’s months-long debate over raising the debt ceiling started with some prominent Republicans calling to slash Social Security.
Lawmakers need to advance policies that reduce deficits without undermining expenditures that provide us with a safety net and public services.
The budget deal struck by the White House and House Republicans could set a damaging precedent.
Criminalization of Race and Poverty Program at the Institute for Policy Studies Responds to the Debt Ceiling Deal
“It makes it harder for poor and low-income families to access food benefits they deserve, while making it easier for wealthy people to cheat on their taxes.”
If the GOP cared about debt, they’d stop cutting rich people’s taxes and give the Pentagon a haircut. So what’s this really about?
The debt ceiling is an arcane artifice without a real connection to the economy. But how well we invest in our families and workers directly relates to it.
McCarthy and his caucus are holding American families and the global economy hostage to his demands to slash vital social programs.
If Biden gives in, he’ll be as much to blame for a possible recession and spiking economic hardship as McCarthy and his party of extremists will be.
An absurd issue demands an absurd solution: Let’s mint a bazillion-dollar coin to bring the curtain down forever on the Republicans’ farcical debt-ceiling theater
Congressional Republicans don’t want fiscal responsibility. They want to destroy the government’s ability to improve the lives of American citizens.
The debt ceiling has one use: helping extremists take our seniors, veterans, and kids hostage to political demands. Congress should abolish it now.
“The ‘Fix the Debt’ CEOs are trying to pass themselves off as noble leaders who are willing to compromise in order the save America from financial ruin,” says report co-author Scott Klinger. “In reality, the campaign is a Trojan horse concealing massive corporate tax breaks that would make our debt situation much worse.”
We can no longer allow a hopelessly unreasonable minority in a severely corrupted system to dictate the terms of our economy.