Wait! There Is A ‘People’s Budget’?

These days in Washington there is enough BS flowing in the streets to keep all us politicos writing for months……and then there is the budget debacle…..Repubs have one…Dems have one…..Pres has one…..everybody has a budget,,,,,but the one that is seldom mentioned is the one that has been offered up for consideration from the Congressional Progressive Caucus….it is called the People’s Budget…..

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.

It is an interesting document and well worth some real attention….read it for yourself…..

Read the People’s Budget

Read The Technical Analysis by the Economic Policy Institute (External Link)

There seems to be a wealth of proposals out there to help out our budget deficit…..and personally, would like to see them all get the light of day and let the true people of the country see which one makes the most sense and which one would do the most good…..something I know will NOT happen but one can dream…..But wait!  Does it say a balanced budget in 3 years?  Yes it does!  If I am not mistaken that is way sooner than golden boy Ryan’s proposal…..if true why does it NOT get more air time?  My guess is that it does not play well with corporate American and since they own most of the media….it will be ignored!

We can change that….how?  Tell your reps in Congress that they need to consider the CPC budget and remind them that elections are quickly approaching…….WE CAN MAKE A DIFFERENCE!

7 thoughts on “Wait! There Is A ‘People’s Budget’?

  1. Yes I agree with your propsal and the means of achieving it – except for one thing (of course) – it CANNOT happen.

    You have pointed out that corporate America owns the media, though much of it is not strictly American, but it IS the corporations and THEY too own the politicians. Therefore, few will do as you suggest simply because they watch television and THAT will tell them not to and even if they did tell their reps what you say, those same reps would ignore them and demand that their owners increase the pressure from TV to turn things around – they CANNOT do without the money and they WILL not!

    It’s the way your system “works” – in so far as it does…

  2. Great post chuq! Makes one wonder…..too bad it doesnt make millions wonder

    1. Phillip….it might if there were a ‘fair and balanced’ treatment of all proposals….but that will never happen….

  3. I’m suspicious of any budget proposal championed by the Left. Immediately I think “taxes, taxes, taxes.” But I’ll give it a glance.

    1. Hi Terrance long time……..and there is our problem…..we are all suspicious of one side or the other……nothing will change as long as we treat each others ideas as foreign……btw, thanx for following on Twitter…..

    2. I can understand that, Terrance H. It’s pretty much my attitude as well.

      But the truth is that WHOEVER makes these proposals and decisions it, in the end, comes down to the implementation and THAT will always (in the US at least) tax the middle classes and the “little guy” (“little” being a relative term in comparison with the wealthy and the big corporations) and THERE lies the problem…

      These people who have control are almost entirely self-serving assholes and THAT means it makes almost NO difference WHO is elected because they’re going to screw the majority in favour of a tiny minority.

      …and then they tell you it’s democracy!

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