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423 results for: deficit

Reconciliation Bill Trades Life for Death, New Report Says

Article - /pressroom/articles/2025/05/22/reconciliation-bill-trades-life-for-death-new/

May 22, 2025 - WASHINGTON, D.C. — Every state in the nation would be devastated by the health care and nutrition cuts imposed by the Republican reconciliation bill that just passed the House of Repre...

Trump & GOP Stack the Deck Against Struggling Americans to Build a War and Mass Deportation Machine

Analysis - /analysis/2025/trump-gop-stack-deck-against-struggling-americans-build-war-and-mass-deportation/

March 4, 2025 - The GOP’s extreme increases in militarized spending - at the expense of working people and the planet - will make us all less secure.

BUDGET EXPLAINER: Senate Republicans Reach for Historic Levels of Militarized Spending at the Expense of Human Needs

Analysis - /analysis/2025/senate-republicans-reach-historic-levels-militarized-spending-expense-human-need/

Feb. 12, 2025 - Senate Republicans are aiming to cut federal spending on social services while increasing the budget by at least $346 billion over the next four years ($86.5 billion annually) to fund the Pentagon and...

Progressives Say Submitting to GOP Ransom on Debt Ceiling 'Nothing to Brag About'

Article - /pressroom/articles/2023/06/03/progressive-say-submitting-gop-ransom-debt-celing/

June 3, 2023 - "Here's the news media's takeaway on the debt ceiling deal: Yay! Bipartisanship works! Here's the reality: GOP radicals held the economy hostage, Democrats paid the ransom, and bipartisanship is badly...

Ordinary Americans Are Being Forced to Subsidize the Military-Industrial Complex

Article - /pressroom/articles/2023/04/19/ordinary-americans-subsidize-military-industrial/

April 19, 2023 - This year, the average American paid $1,087 in taxes just for Pentagon contractors alone. Imagine the kind of society we could construct with just a fraction of the resources we devote to war.

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.