“The so-called ‘balanced budget amendment’ is the Republicans’ latest backdoor attempt at gutting Americans’ hard-earned benefits,” said one Democratic lawmaker. Nearly every member of the House Republican caucus voted Wednesday in favor of a proposed constitutional amendment that experts say would result in massive cuts to Social Security, Medicare, nutrition assistance, and other key federal programs. […]
“If not for the Bush tax cuts, their extensions, and then the Trump tax cuts, the U.S. debt-to-GDP ratio would be declining indefinitely,” wrote Sen. Sheldon Whitehouse. The Democratic chair of the Senate Budget Committee rebuked his Republican colleagues on Thursday for demanding action to reduce the U.S. debt after adding roughly $10 trillion to it with […]
“MAGA Republicans don’t give a damn about the deficit, and today’s estimate of the cost of kickbacks for their friends and donors is further proof,” said Senate Budget Committee Chair Sheldon Whitehouse. While congressional Republicans hold the global economy hostage by refusing to raise the U.S. debt ceiling without major spending cuts that would hurt the working […]
Dear Alaska Friends and Neighbors, Governor Dunleavy has presented Alaskans with a false choice. He claims we have to pick between our seniors, schools, university, construction jobs (the state’s construction budget has been slashed during this self-inflicted deficit crisis), and economy, or a larger PFD. This false choice ignores obvious solutions. We can sidestep […]
