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418 results for: deficit

Want to cut spending, Republicans? Liberals have some ideas for that.

Article - /pressroom/articles/2023/02/02/cut-spendings-republicans-liberals-have-some-ideas/

Feb. 2, 2023 - If we wanted to do some budget-cutting — not under the extortionist threat of default, but just because it might be worthwhile — what federal spending do liberals think we could ...

Lawmakers Set to Propose Record $847B for Defense, $45B Over Biden’s Request

Article - /pressroom/articles/2022/11/30/lawmakers-propose-record-847b-defense-budget/

Nov. 30, 2022 - Antiwar and progressive advocates have strongly condemned the proposed budget, calling it a “slap in the face.”

As Corporate Dems Belly-Ache Over Social Investments, Senate Panel Approves Extra $29 Billion for Pentagon

Article - /pressroom/articles/2021/10/19/senate-panel-approves-extra-29-billion-pentagon/

Oct. 19, 2021 - The Senate committee vote included $10 billion more than requested. "That's $100 billion over 10 years—or half the cost of universal pre-K, which we're told we can't afford," said one critic.

The Pentagon’s Bloated Budget Undermines American Democracy

Article - /pressroom/articles/2021/10/15/pentagon-bloated-budget-undermines-democracy/

Oct. 15, 2021 - The Pentagon’s bloated budget is a colossal waste of resources that could be better used elsewhere. But it’s also an outrage to democracy.

Joe Biden Isn’t Close to Being a Historic President Yet

Article - /pressroom/articles/2021/04/15/joe-biden-isnt-close-to-historic-president-yet/

April 15, 2021 - It’s not clear that the president even has a plan to pass the kind of legislation that would earn him comparisons to FDR.

Biden $1.5T budget proposes major hike in social programs

Article - /pressroom/articles/2021/04/09/biden-trillion-budget-hike-social-programs/

April 9, 2021 - President Biden on Friday proposed a $1.5 trillion annual budget for fiscal 2022, $118 billion higher than the regular 2020 appropriations, featuring a significant 16 percent boost in nondefense spend...

Liberals rally to forestall nomination of fiscal centrist Bruce Reed as Biden budget director

Article - /pressroom/articles/2020/11/21/liberals-rally-forestall-centrist-budget-nominee/

Nov. 21, 2020 - ...deficit reduction over caring for people hurt by the pandemic.

Looming Failure of Stimulus Exposes GOP’s Double Standards on the Deficit

Article - /pressroom/articles/2020/10/21/Looming-Failure-of-Stimulus-GOP-Double-Standard/

Oct. 21, 2020 - ...deficit spending reveals that, as usual, the conservatives’ stated concern about deficits is being triggered not by the amount of relief money to be spent, but by their opposition to what it wou...

Austerity politics aren’t going to cut out of control Pentagon spending

Article - /pressroom/articles/2020/08/26/austerity-politics-wont-cut-pentagon-spending/

Aug. 26, 2020 - ...deficit fears deeply ingrained in American politics may seem like a nifty political means. But this is at best a short-term strategy.

Americans Want to Reinvest Ten Percent of the Military Budget Against Coronavirus

Article - /pressroom/articles/2020/07/21/americans-want-to-reinvest-10-percent-military/

July 21, 2020 - Most people in the U.S. agree: it's time to reinvest from the bloated miitary budget to real human needs, like containing coronavirus. This week, members of Congress should vote to follow their lead.

Trump's New Budget Is Not Only Immoral — It's Also Unaffordable

Article - /pressroom/articles/2020/02/12/trump-budget-not-only-immoral-also-unaffordable/

Feb. 12, 2020 - With Medicare for All or a Green New Deal, critics constantly ask: how can we possibly pay for it? Yet in the wake of the new Trump Budget, which makes the 2017 tax cuts permanent and guns Pentagon sp...

President Trump's 2021 Budget Prioritizes the Pentagon

Analysis - /analysis/2020/president-trumps-2021-budget-prioritizes-pentagon/

Feb. 10, 2020 - President Trump released his fourth budget proposal today, and the priorities are crystal clear. Just four agencies rate spending increases in the Trump 2021 budget: the Department of Defense, the Dep...

Poor People's Moral Budget: Full Report

Analysis - /analysis/2019/poor-peoples-moral-budget/poor-peoples-moral-budget-full-report/

Dec. 11, 2019 - In April 2018, the Poor People’s Campaign: A National Call for Moral Revival released a Moral Agenda and Declaration of Fundamental Rights. The demands contained within that document p...

US Navy Places $22 Billion Cyber Monday Order for Nuclear Submarines, But Who Is Asking How We Gonna Pay For It?

Article - /pressroom/articles/2019/12/03/navy-22-billion-nuclear-submarines-how-to-pay/

Dec. 3, 2019 - "If you're following the presidential race, you've heard plenty of sniping about Medicare for All and whether we can afford it. But when it comes to endless war or endless profits for Pentagon contrac...

Deficit Hawks Are Enabling the Next US War

Article - /pressroom/articles/2019/08/09/deficit-hawks-enabling-next-us-war/

Aug. 9, 2019 - The U.S. budget is rigged to hold essential domestic programs hostage to the Pentagon's war chest.

A moral economy would save taxpayers billions every year

Article - /pressroom/articles/2019/06/17/moral-economy-save-taxpayers-billions/

June 17, 2019 - 10 ways that doing the right thing would save us money

The Military Budget Is a Disgrace

Article - /pressroom/articles/2019/04/24/Military-Budget-is-a-Disgrace/

April 24, 2019 - AN INTERVIEW WITHLINDSAY KOSHGARIAN The United States is spending $750 billion on its war machine. That money should be going to food, education, health care, and shelter for working people.

Tax Day 2019

Analysis - /analysis/2019/tax-day-2019/

April 11, 2019 - Tax Day is April 15, 2019. Want to know what your taxes pay for, and who pays what?

Trump Budget Would Cut Spending for Nearly Every Agency Except Pentagon

Article - /pressroom/articles/2019/03/12/Trump-Budget-Cut-Spending-Except-Pentagon/

March 12, 2019 - The budget request President Trump released on Monday represents a conservative vision taken to the extreme. It would shoot military spending skyward while dismantling domestic programs piece by piece...

Trump Tax Plan 2.0 Cements the Worst Economic Policy in a Generation

Article - /pressroom/articles/2018/09/23/Trump-Tax-Plan-2-Cements-Worst-Economic-Policy/

Sept. 23, 2018 - Hot on the heels of last year’s once-in-a-generation tax changes, House Republicans are pushing a new, extended plan to double down on their previous efforts, which primarily awarded tax giveawa...