Tea Party Republicans want to destroy Medicare, Medicaid, and Social Security to pay for bigger tax breaks for billionaires.
There's a real alternative: the Congressional Progressive Caucus (CPC) "People's Budget" which fights for the priorities we and most Americans support.
According to Katrina vanden Heuvel, editor of The Nation:
The People’s Budget lays out what a robust progressive agenda looks like. It protects an already frayed social net and promotes a progressive tax policy that makes millionaires, billionaires, and big corporations pay their fair share. It doesn’t stop at cutting the low-hanging fruit at the Pentagon, instead it brings our troops home from two wars that cost trillions of dollars and do nothing to make the US safer, and resets and rethinks what real security means in the 21st century.
According to Jeffrey Sachs, Economist and Director of the Earth Institute at Columbia University:
the People's Budget would cut the budget deficit to zero by 2021, but would do so in an efficient and fair way. It would close the budget deficit by raising tax rates on the rich and giant corporations, while also curbing military spending and wrestling health care costs under control, partly by introducing a public option.
Tell your Representatives to support the People's Budget.
I urge you to support the People's Budget written by the Congressional Progressive Caucus.
1. Eliminates the Deficit by 2021 without devastating Medicare, Medicaid, and Social Security.The CPC budget targets the true drivers of deficits: the Bush Tax Cuts, the wars overseas, and the causes and effects of the recent recession. By implementing a fair tax code, by building a resilient American economy, and by bringing our troops home, it achieves a budget surplus of over $30 billion by 2021.
2. Puts America Back to Work and Restores America's Competitiveness
The CPC budget rebuilds our roads and bridges, ensuring that those who use it help pay for it. It rebuilds our education system by training more and better teachers, restoring schools, helping each student graduate, and supporting community colleges.
3. Creates a Fair Tax System
The CPC budget ends the Bush Tax Cuts and estate tax breaks and creates fair tax brackets for millionaires and billionaires. It ensures the banks that wrecked our economy pay a modest financial responsibility fee and that exotic trading by Wall Street traders is taxed. It guarantees that hedge fund managers do not get special treatment by taxing capital gains and dividends as ordinary income. It eliminates charity to oil companies making record profits from price gouging at the pump. And it taxes US corporate income as it is earned, in much the same way Americans are taxed.
4. Brings Our Troops Home
The CPC budget responsibly ends our wars that are currently paid for by American taxpayer dollars we do not have. It also realigns conventional and strategic forces, resulting in $2.3 trillion worth of savings.
