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PROGRESSIVE BUDGET VERSUS GOP RYAN BUDGET = RYAN LOSES AGAIN

PROGRESSIVE BUDGET VERSUS GOP RYAN BUDGET = RYAN LOSES AGAIN

PROGRESSIVE GOALS: “Better Off Budget” = Raise living standards = NEW VISION = A Smart Progressive Apporach

Progressive_Caucus_Budget_Graph

CLOSE Inequality Gap
Invest heavily in front-loaded job creation measures = Reduce Unemployment
Invest in physical infrastructure
Invest in Education
Reduce HUMAN “austerity”
Invest in near term to generate jobs
Invest in near term to improve our productive infrastructure
Long term balanced deficit/debt reduction.
Accelerate sustained economic growth
Promoting economic opportunity
Extend emergency unemployment insurance
Extend Supplemental Nutrition Assistance Program
Fund state and local governments
Reduce tax credits
Fund Public Works JOBS = yield enormous returns = Use idle productive resources
2 % of GDP increase in Spending in first years
DO BETTER THAN RYAN in reducing DEFICIT in Future Years
Returns to Clinton tax rates for households making over $250,000
New Tax Bracket for those making over $1 million
Equalizes tax rates for investment income = Same rate as hard day’s work.
Eliminates the ability of US corporations TAX DODGING by offshoring profits.
Enacts a Financial Transaction tax on HIGH FREQ RONT RUNNING
Implements financial institution excise tax.
National debt Put on a solidly downward trajectory from above = EPI Model Results
4 Million NEW JOBS from above = EPI Model Results
Moves toward full employment much quicker
Enhances Retirement security
Reduces Poverty

CLICK for The ‘Better Off Budget’ – Analysis of the Congressional Progressive Caucus budget for fiscal year 2015 By Joshua Smith March 13, 2014

Click for Bernstein Source

GOP = Loves LOW WAGES from high unemployment + Depressed labor participation

GOP + Paul Ryan GOALS: OUR budget is our vision for how we should fix this country’s fiscal problems.

RYAN BUDGET = INCREASE HUMAN AUSTERITY BY $1.5 TRILLION/ YEAR
TAX CUTS FOR $BILLIONAIRES = Large TRICKLE DOWN CUTS JOB CREMATORS
Highly pessimistic vision
Hacks at programs helping the poor
No universal health care
Remove funds for children’s learning
Orwellian budget language
“Expand Opportunity” = CUTS $130 Billion from Pell Grants to low-income Students
“Strengthening the Safety Net” = LET states control food stamps = SNAP
“Strengthening the Safety Net” = Let states control Medicaid = Reduced block-grants
“Strengthening the Safety Net” = Kick tens of millions off the MEDICAID’ rolls.
“Strengthening the Safety Net” = Repeal Obamacare + Medicaid expansion
“Strengthening the Safety Net” = Voucherizing Medicare for 87 Year old GAMMY
“Strengthening the Safety Net” = Reduce health for 25 to 40 Million Americans/10 years
“Strengthening the Safety Net” = Remove Dodd-Frank Regulation of WALL STREET
“Strengthening the Safety Net” = Middle Class BAILS OUT FRAUDULENT BANKS
“Strengthening the Safety Net” = CUT Social Security payments over TIME
“ending cronyism” = Cut SEC Regulate Budget = Middle Class pays BANK SCAMS

Click for Bernstein Analysis of Ryan Budget

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