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Congressional Black Caucus Overwhelmingly Supports the “People’s Budget”

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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 11:58 AM
Original message
Congressional Black Caucus Overwhelmingly Supports the “People’s Budget”


Black Caucus Overwhelmingly Supports “People’s Budget”
Black Agenda Radio commentary by Glen Ford
April 19, 2011

When the enemy convinces us that his victory is inevitable, then he has already won the psychological war. Wall Street, which owns the White House, most of both Houses of Congress and, quite literally, the corporate media, is in a mad rush to save itself from its own contradictions by dismantling or privatizing much of the government, while cutting taxes for its own class to the bone. At the same time, under the canard of national defense, the U.S. military spends as much as the rest of the world combined to bring the entire planet under the Pentagon’s full spectrum dominance. The ever-expanding war budget is justified on national security grounds, while the destruction of the domestic social safety net is supposedly unavoidable because…well, because the government is broke.

Of course, banks and other corporations are not broke; they’re doing better than ever. And the rich are richer than at any time in history. They are the ones demanding austerity, and expect their demands are to be treated as law, like stone tablets delivered by Moses from the hands of God.

Obama and the Republicans sing variations on the same song: Surrender to the Inevitable. For Black America, which is being pushed back to pre-civil rights era levels of income and wealth disparity, surrender is no option. Thus, it was encouraging that overwhelming numbers of the Congressional Black Caucus voted in favor of a so-called “People’s Budget” that shows, in dollars and cents, that the Republican and Obama agenda is not inevitable, that the budget deficits can become surpluses by the year 2021 while saving social programs.

The 77 supporters of the People’s Budget were outnumbered by the 108 Democrats that voted with the GOP and Obama’s side of the party. But they did show that not everyone believes that resistance is futile, even if a Black president tells them so. For Black Agenda Radio, I’m Glen Ford. On the web, go to www.BlackAgendaReport.com .

Read or listen to the full report at:

http://www.blackagendareport.com/content/black-caucus-o...


-------------------------------------------

The CPC proposal:

• Eliminates the deficits and creates a surplus by 2021
• Puts America back to work with a “Make it in America” jobs program
• Protects the social safety net
• Ends the wars in Afghanistan and Iraq
• Is FAIR (Fixing America’s Inequality Responsibly)

What the proposal accomplishes:

• Primary budget balance by 2014.
• Budget surplus by 2021.
• Reduces public debt as a share of GDP to 64.1% by 2021, down 16.5 percentage points from
a baseline fully adjusted for both the doc fix and the AMT patch.
• Reduces deficits by $5.6 trillion over 2012-21, relative to this adjusted baseline.
• Outlays equal to 22.2% of GDP and revenue equal 22.3% of GDP by 2021.


Support for the People's Budget

Paul Krugman

Jeffrey Sachs

The Economist

The New Republic

The Washington Post

The Guardian

The Nation

Center for American Progress

Economic Policy Institute

READ THE PEOPLE'S BUDGET AT:

http://grijalva.house.gov/uploads/The%20CPC%20FY2012%20...


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Lorien Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 12:02 PM
Response to Original message
1. I recced this but it's still at zero
So DU doesn't support The People's Budget? Which budget DOES it support then?
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MineralMan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 03:56 PM
Response to Reply #1
14. I love it when the first post in a thread is whining about unrecs.
It's so....I don't know....amusing.

As you can see, the post now has lots of recs. Just wait for them.

Note: I have not unrecced this thread.
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SlimJimmy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-26-11 07:39 PM
Response to Reply #1
20. I don't support it at all. It raises taxes on the middle class,
will increase gas and food prices, and absolutely guts the military. It is dead on arrival at Congress, and to be quite frank - a waste of paper. Feel free to Rec it all you want, but I won't.

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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-27-11 04:23 PM
Response to Reply #20
23. I read that it will raise taxes on the rich not the middle class..
"It's a great proposal, as it produces a federal surplus by 2021 without cutting services for the poor, the elderly and the middle-class. Instead, it basically just ends the wars, ends the Bush tax cuts, and reduces unemployment. Which, as we saw in the 1990's, is actually about all you need to do to balance the federal budget."http://www.dailykos.com/story/2011/04/22/969354/-Seriou...

Now this sounds good to me. K&R For not cutting services for the poor.....
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tnlurker Donating Member (698 posts) Send PM | Profile | Ignore Mon Apr-25-11 12:10 PM
Response to Original message
2. K & R
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patrice Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 12:12 PM
Response to Original message
3. K&R
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steelmania75 Donating Member (836 posts) Send PM | Profile | Ignore Mon Apr-25-11 12:18 PM
Response to Original message
4. Keep fighting for it guys!
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emilyg Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 12:44 PM
Response to Original message
5. k/r
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white_wolf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 12:50 PM
Response to Original message
6. Based on the date the People's Budget seems much more pragmatic and sensible than Ryan's or Obama's
So why aren't all the "pragmatists" supporting this budget?
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gratuitous Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 01:01 PM
Response to Reply #6
9. It has the additional advantage of being reality-based and fiscally responsible
So it must be ignored at all costs. Anyone who brings it up will be dismissed as Not Serious about the deficit (which is now The Most Important Issue in America, far ahead of jobs or any other niggling little preoccupations of you libruls like the ongoing costs of wars and occupations, crumbling infrastructure, access to health care, and other matters of little concern to the wealthy).
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bullwinkle428 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 12:54 PM
Response to Original message
7. K&R for maximum exposure.
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Poboy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 12:59 PM
Response to Original message
8. R'd
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AtomicKitten Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 01:04 PM
Response to Original message
10. The efforts here to divide notwithstanding, there is no "Obama's side of the party."
Organizing the Democratic Party has long since been referred to as herding cats, but that is not the same as was inferred in the OP.
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 02:07 PM
Response to Reply #10
11. There are in fact two major political factions inside the Democratic Party.
Edited on Mon Apr-25-11 02:07 PM by Better Believe It
One is led by the Congressional Progressive Caucus.

Who do you think leads the other one?

This political fact has nothing to do with herding cats, sheep nor any other type of animal.
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AtomicKitten Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 03:53 PM
Response to Reply #11
12. By "factions," I think you mean caucuses that compose the Democratic Party.
Edited on Mon Apr-25-11 04:33 PM by AtomicKitten
They have varying differences of opinion on various issues, but in the end their strength is standing together as ONE PARTY.

The collective goal in the upcoming election?

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inna Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 03:54 PM
Response to Original message
13. kudos to them and K&R
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crickets Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 04:47 PM
Response to Original message
15. "surrender is no option"!! K&R!
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freshwest Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 11:26 PM
Response to Original message
16. K & R!
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Modern_Matthew Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 11:42 PM
Response to Original message
17. Only 77 Democrats voted for this. The rest are traitorous imbeciles. No exceptions. nt
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dotymed Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-26-11 06:44 AM
Response to Original message
18. To me, this makes great sense (that is the problem)
and all Americans should support the Peoples Budget.
My problem is that we (progressives and thinking citizens) are allowing ourselves to be labeled (it seems) along racial lines. I wish that instead of (just an example) support being reported by the Black Caucus, it was the American Caucus. Just imo...
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bertman Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-26-11 12:18 PM
Response to Original message
19. KICK. The Progressive Caucus must have known going in that this would not
even get close to passing otherwise why would they name it The People's Budget?

Naming ANYTHING The People's something or other in Amerika is like calling it The Child Molester's Budget or the Communist Mass Murderers' Budget.

Don't get me wrong because to me it SHOULD BE The People's Budget, but the reality is Amerikans have been so conditioned to think of anything with "The People's" in it as the same as The People's Republic of China.

Marketing 101 FAIL.


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dreamnightwind Donating Member (863 posts) Send PM | Profile | Ignore Thu Apr-28-11 04:50 AM
Response to Reply #19
24. People's Party!
I guess you don't like Reich's suggestion of a People's Party, either?

Robert Reich (The Principles of the People's Party)
http://robertreich.org/post/3752615196

I see your point, this country is ridiculously communophobic. I think your point is more relevant to Reich's party idea than this budget, which seems like a people's budget to me, and I think it's time to embrace and advocate for socialist ideas in mainstream American political thought, things are skewed way too far in the interests of capital as it is.
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libmom74 Donating Member (577 posts) Send PM | Profile | Ignore Wed Apr-27-11 01:53 PM
Response to Original message
21. Too bad it will never see the
light of day, it makes too much sense and doesn't benefit the wealthy, huge multi-national corporations and the MIC. :-(
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-27-11 02:15 PM
Response to Original message
22. Kick
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dreamnightwind Donating Member (863 posts) Send PM | Profile | Ignore Thu Apr-28-11 04:53 AM
Response to Original message
25. Kick!
...for visibility. This budget is the only thing I have seen that even begins to address our nation's challenges with the policy changes we have to make.
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ReggieVeggie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-28-11 06:40 AM
Response to Original message
26. kick
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TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-28-11 07:00 AM
Response to Original message
27. Keep this moderate proposal in view!
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