Moral Outrage
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Posts Tagged ‘Medicare

Paul Ryan on Social Security MediCare and Pell Grants

August 17, 2012

Paul Ryan was chosen by Mitt Romney as his Vice Presidential pick. Here’s 6 things to know about Paul Ryan, as researched by MoveOn: 1. His economic plan would cost America 1 million jobs in the first year. Ryan’s proposed budget would cripple the economy. He’d slash spending deeply, which would not only slow job […]

Ron Paul on spending, taxes and Social Security

December 21, 2011

If you know anything about Ron Paul’s economic views, it’s probably that he’s not a big fan of the Federal Reserve system, or that he loves the gold standard. But those are hardly the only noteworthy planks in his platform. Spending: Paul proposes cutting $1 trillion from the federal budget during his first year in […]

The Super Committee failure reflects our own super failure

November 22, 2011

Leaders of the congressional supercommittee charged with trimming the federal budget deficit by at least $1.2 trillion have announced that the panel could not reach an agreement. As a result, across-the-board spending cuts—largely in Medicare and defense—are slated to go into effect in 2013. So the “super committee” failed. Can you honestly say you were […]

Cut health care for Congress

November 21, 2011

In April, the Republican-controlled House of Representatives voted to cut Medicare and Medicaid. And this month, even Democrats on the so-called Super Committee have offered deep cuts to these vital programs. Essentially, Republicans in Congress are telling senior citizens and the poor that tax cuts for billionaires and millionaires are more important than providing a […]

Seven Big Economic Lies

October 12, 2011

These seven economic whoppers are just plain wrong. 1. Tax cuts for the rich trickle down to everyone else. Baloney. Ronald Reagan and George W. Bush both sliced taxes on the rich and what happened? Most Americans’ wages (measured by the real median wage) began flattening under Reagan and have dropped since George W. Bush. […]

A National Debt of $211 Trillion!

August 9, 2011

Economics professor Laurence J. Kotlikoff, who served as a senior economist on President Reagan’s Council of Economic Advisers, says the national debt, which the U.S. Treasury has accounted at about $14 trillion, is just the tip of the iceberg. “We have all these unofficial debts that are massive compared to the official debt,” Kotlikoff tells […]

Half of every dollar we pay in Federal taxes goes into the military account

August 4, 2011

Seymour Melman, a professor emeritus at Columbia University, once said, “We have gone mad,” citing presidents and Pentagon chiefs starting new wars even before they finish fighting the old ones! Who can recall a time in our history when the U.S. initiated aggressive wars against five nations (Afghanistan, Iraq, Pakistan, Libya, Yemen)? Between 1947 and […]

Quality of Life under the Obama Republican debt deal

August 3, 2011

Polluted water, smoggy skies, crumbling bridges, less education funding, more unhealthy Americans: the impact of the debt deal’s massive cuts. The Obama-GOP plan cuts $917 billion in government spending over the next decade. Nearly $570 billion of that would come from what’s called “non-defense discretionary spending.” That’s budget-speak for education and job training, air traffic […]

What the Military Budget has to do with the US Federal Budget Deficit and Debt Ceiling

July 24, 2011

The bond rating agencies that gave junk derivatives triple-A ratings threatened to downgrade US Treasury bonds if the White House and Congress do not reach a deficit reduction deal and debt ceiling increase. Meanwhile, the total military/security budget is in the vicinity of $1.1-$1.2 trillion, or 70% -75% of the federal budget deficit. [Yet another […]

Today’s U.S. wars could cost future generations $4 trillion to $6 trillion

October 1, 2010

The authors of the book “The $3 Trillion War” noted in a conference call on Wednesday that when they first released their findings two years ago, the estimates were widely criticized as being too high. Now, the researchers believe they may have been too low. Joseph Stiglitz, who received the 2000 Nobel Prize for Economics, and […]