The People's Budget

Why the ‘People's Budget' Works

The Progressive Caucus’ Budget Invests Where It Matters

The Progressive Caucus’ Budget Invests Where It Matters: Earlier this week, Rep. Paul Ryan (R-WI) released a budget proposal that would undermine America’s long-term economic growth and competitiveness by slashing critical investments in education, science and technology, and infrastructure. If Ryan’s budget is an example of what not to do, the budget (PDF) proposed by the Congressional Progressive Caucus is a great example [...]/p

The Plan To Save The Middle Class & Trim The Deficit

The ‘Back to Work’ budget: Analysis of the Congressional Progressive Caucus budget for fiscal year 2014 | Economic Policy Institute

The ‘Back to Work’ budget: Analysis of the Congressional Progressive Caucus budget for fiscal year 2014 | Economic Policy Institute
"It builds on recent CPC budget alternatives in prioritizing near-term job creation, financing public investments, strengthening the middle class, raising adequate revenue to meet budgetary needs while restoring fairness to the tax code, protecting social insurance programs, and ensuring fiscal sustainability."

Progressive Caucus Budget Includes Tax On Risky Trading, Investments To Boost Economy

Progressive Caucus Budget Includes Tax On Risky Trading, Investments To Boost Economy: The Congressional Progressive Caucus introduced a budget this week that it says would bring total deficit reduction to $4.4 trillion through defense cuts, new revenues, and economic growth that would result from measures to boost the economy and education. It includes a substantial amount of revenue through the closure of tax loopholes and new taxes [...]/p

Progressive 'Back to Work' Budget Wins Praise for Anti-Austerity Approach | Common Dreams

Progressive 'Back to Work' Budget Wins Praise for Anti-Austerity Approach | Common Dreams
"In the midst of ongoing hysteria about a 'non-existent deficit crisis' in Washington, the Congressional Progressive Caucus on Wednesday unveiled an alternative approach to destructive austerity economics by releasing their 'Back to Work Budget' plan for 2014."

In Blind Poll, Republicans Choose Progressive Budget Solutions Over Their Own Party's | Common Dreams

In Blind Poll, Republicans Choose Progressive Budget Solutions Over Their Own Party's | Common Dreams
"When the Business Insider polled registered voters and asked for their preferences among three Congressional plans floated to avoid the looming "sequestration" cuts in Washington, they found that when stripped of their partisan labels, the policies most favorable to the majority were those offered by the progressive wing of the Democratic caucus."

Poll: The Most Popular Plan To Avert Looming Budget Cuts Is The Progressive Caucus’

Poll: The Most Popular Plan To Avert Looming Budget Cuts Is The Progressive Caucus’: There are several plans floating around to replace the so-called “sequester” spending cuts scheduled to kick in on Friday. Senate Democrats and the Congressional Progressive Caucus have both released their own plans, while House Republicans have not released a new plan, but point to one passed in the last Congress. According to a new poll [...]/p

Why It's a Privilege to be a Progressive in 2013 | Common Dreams

Why It's a Privilege to be a Progressive in 2013 | Common Dreams
"We enter the new year with a degree of optimism, because Americans, except for Congress and the uninformed, are beginning to realize that cooperation transcends self-centeredness as a means of national betterment. Here are some of the specific reasons to be proud of our progressivism"

Congressional Progressive Caucus budget would boost employment by millions—unlike the Ryan budget | Economic Policy Institute

Congressional Progressive Caucus budget would boost employment by millions—unlike the Ryan budget | Economic Policy Institute
"Immediately slashing government spending, as Ryan has proposed, is not a game or a joke—it’s economically irresponsible budget policy that has backfired across much of Europeand would seriously aggravate un- and underemployment. And as proven by the Budget for All, racing down the austerity path isn’t required for a fiscally responsible budget. The CPC budget would reach the same debt level as the Ryan budget without jeopardizing the economic recovery.

Fiscal responsibility demands sound economic stewardship, which means addressing the jobs crisis and closing the gap between potential output and actual GDP (the economy is currently running $883 billion—or 5.4 percent—below potential). While a large output gap persists, government spending cuts will have a particularly adverse impact on aggregate demand and fiscal sustainability will remain elusive."

Democrats introduce bill to raise minimum wage to $9.80

Democrats introduce bill to raise minimum wage to $9.80
"More than 100 House Democrats introduced a bill Thursday to raise the minimum wage. Rep. George Miller's proposed legislation would raise the minimum wage to $9.80 over three years, 85 cents per year, then link it to inflation, so that raising it wouldn't have to be a giant political fight every few years."