spending

Top White House Economists: Unemployment Will Drop to 6% by 2016 if Congress Enacts Additional Spending

Top White House Economists: Unemployment Will Drop to 6% by 2016 if Congress Enacts Additional Spending
President Barack Obama's top economists say the nation is on track to make economic progress over the next two years, but say it would do even better if Congress would enact the additional spending he proposed in his most recent budget. A divided Congress in an election year is not likely to heed that call.
origin Author: 
Jim Kuhnhenn
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California Underfunds Mental Health Programs Then Blames State's Mental Health Problems on Yoga

California Underfunds Mental Health Programs Then Blames State's Mental Health Problems on Yoga
The unfortunate timing of Prop 63's passing at the apex of the real estate bubble has relegated California's mental health spending measure to a backfill for cutting tax dollars. The earmarked $5 billion became an example of "fiscally responsible budget cuts" before it ever could go into effect. The state auditor released a report that detailed Prop 63's remaining spending, but missed the key point — its underfunding.
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Repealing Sequester Would Create 900,000 New Jobs

Repealing Sequester Would Create 900,000 New Jobs
The Economic Policy Institute did some calculations last week and reported that “Repealing Sequestration Would Create 900,000 New Jobs in a Year.” What's worse is that the cuts aren't even saving the American public money.
origin Author: 
Dave Johnson
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Cuts to Meals on Wheels Leave Seniors Hungry, Increase Health Care Costs for Government

Cuts to Meals on Wheels Leave Seniors Hungry, Increase Health Care Costs for Government
You may have heard that Republicans are forcing (even more) cuts in programs like Meals On Wheels. Big deal, another “budget cut” to reduce the dreaded “government spending.” But what does all of this this mean to actual, real people? What really happens to real Americans isn’t real pretty.
origin Author: 
Dave Johnson
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Boehner’s New Debt Limit Ransom: Cuts On Top Of Sequester

Boehner’s New Debt Limit Ransom: Cuts On Top Of Sequester
With the House Republican caucus still squabbling over what ransom they should demand for an increase in the debt limit, Speaker John Boehner issued his own threat this weekend: Cuts greater than the essential increase.
origin Author: 
Bill Scher
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Chicago’s Choice: Closing 50 Schools But Spending $100 Million On Basketball Arena

Chicago’s Choice: Closing 50 Schools But Spending $100 Million On Basketball Arena
While Chicago insists it must close these schools to close budget gaps, it has just announced that it will be dedicated as much as $100 million in public funds for the construction of a new basketball arena at DePaul University — which is about a third of the cost of the project.
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Has NPR Joined the Crusade Against Social Security and Medicare?

Has NPR Joined the Crusade Against Social Security and Medicare?
The most striking feature of the U.S. economy over the last three decades has been the upward redistribution of income. The top 1.0 percent of households has managed to pocket the vast majority of gains over this period. That is a sharp contrast with the three decad
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Sequester Cuts Confirm Republicans Are Party of Deadbeat Dads

Sequester Cuts Confirm Republicans Are Party of Deadbeat Dads
It’s a popular analogy among fans of the political game to call Republicans the “Daddy Party” and assign “Mommy Party” to Democratic folk. Deadbeat dads are famous for withholding financial support from children. So Republicans seem to fit the mold here.
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Are We, the People Stealing from Ourselves and Blaming Others for Tax Theft?

Are We, the People Stealing from Ourselves and Blaming Others for Tax Theft?
The Speaker of the House last week said that taxing people to pay for government is theft. Let’s look at just where actual theft is occurring.
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MN Governor 'Very Likely' To Propose Tax Increase

Minnesota Governor Mark Dayton says he is "very likely" to propose an income tax increase on Minnesota's top 2 percent earners as part of a plan to cover a projected $1.1 billion deficit in the state's budget.
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