GOP shows historic amnesia on spending cuts

On the budget, Republicans need to address past mistakes and specify which programs they’d cut.

Read more – http://bit.ly/9HaNjA

Is the Republican Victory Plan Another Great Depression?

It seems like the Republicans in Congress have decided that sabotaging economic recovery and employment growth is their best tactic for electoral gains in the November elections. Indications of this plan have been around since the Democratic victories in 2008. It seems that all doubt about facilitating the economic downturn as a path to political power for Republicans have been removed by recent legislative votes.

Read more – http://bit.ly/drwDf2

How My Republican Party Destroyed the American Economy

If there were such a thing as Chapter 11 for politicians, the Republican push to extend the unaffordable Bush tax cuts would amount to a bankruptcy filing. The nation’s public debt — if honestly reckoned to include municipal bonds and the $7 trillion of new deficits baked into the cake through 2015 — will soon reach $18 trillion. That’s a Greece-scale 120 percent of gross domestic product, and fairly screams out for austerity and sacrifice. It is therefore unseemly for the Senate minority leader, Mitch McConnell, to insist that the nation’s wealthiest taxpayers be spared even a three-percentage-point rate increase.

Read more – http://www.nytimes.com/2010/08/01/opinion/01stockman.html?th&emc=th

The Fight Over Education in Washington

Congress is unlikely to take up its school financing bill, the Elementary and Secondary Education Act, until next year. But teachers unions and other forces of the status quo are already trying to subvert the measure by discrediting President Obama’s signature education initiative, the Race to the Top, which requires the states to make reforms in exchange for federal grants.

Read more – http://www.nytimes.com/2010/07/31/opinion/31sat2.html?_r=1&th&emc=th

Commonwealth Fund analysis highlights benefits for women in health-care overhaul

The law Congress adopted this spring to reshape the nation’s health-care system will be especially beneficial to women, because they traditionally have relied on health care more than men, faced more insurance problems and had greater difficulty paying medical bills, according to a new analysis.

Read more – http://www.washingtonpost.com/wp-dyn/content/article/2010/07/30/AR2010073000026.html?wpisrc=nl_fed

Representative Anthony Weiner (D – NY) Rips Apart Republicans on 9/11Health Bill

Watch

Republicans Block Bill to Aid Small Business

WASHINGTON — Senate Republicans on Thursday rejected a bill to aid small businesses with expanded loan programs and tax breaks, in a procedural blockade that underscored how fiercely determined the party’s leaders are to deny Democrats any further legislative accomplishments ahead of November’s midterm elections.

Read more – http://www.nytimes.com/2010/07/30/us/politics/30cong.html?_r=1&th&emc=th

Supreme Court fallout: Coal industry to go after Democrats

Read more: http://www.mcclatchydc.com/2010/07/27/98240/supreme-court-fallout-coal-industry.html#none#ixzz0v1vJRLKC

Senate Republicans Block Campaign Ad Disclosure Bill

The Great Decoupling of Corporate Profits From Jobs

Second-quarter earnings reports are coming in, and they’re making Wall Street smile. Corporate profits are up. And big American companies are sitting on a gigantic pile of money.
So with all this money and profit, they’ll start hiring again, right? Wrong – for three reasons.

Read more of this article by Robert Reich – http://www.huffingtonpost.com/robert-reich/the-great-decoupling-of-c_b_660048.html

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