Broken Record Budget
This week, Republican presidential candidate Tim Pawlenty unveiled his economic plan, which claims to produce growth by slashing taxes for millionaires by nearly 50% -- but even Republican economists have called it "impossible" and "unrealistic."
Like a broken record, the GOP's answer to everything is always the same: more tax breaks for the super-rich.
Connect: The way to
rebuild our economy is to restore our middle class, not just make the rich
Define them: But like a broken record, the GOP's answer to everything is always the same: reward the millionaires and corporations that fund their campaigns, and make the rest of us pay for it.
Expose: Just look at their budget: it gives huge tax breaks to millionaires and corporations while it destroys Medicare, makes deep cuts in the Medicaid our seniors in nursing homes rely on, and cuts Pell Grants, education and cancer research.
Discredit: Handouts to the super-rich didn't work before and
won't work now - they failed to create jobs and left us with massive debt.
Core values: America is built on a strong middle class, and that means good jobs, growing opportunity, and hope for the future -- not more tax giveaways to millionaires who don't need it and don't spend it.
ATTACKS & RESPONSES
in Congress pretend to care about deficits, but their giveaways to
millionaires, oil companies and big banks continue to drive up our deficits
- and they're not doing anything to create good jobs for
- The best way to reduce the deficit is to put Americans back to work, and that should be our top priority. We've got a long way back, and 15 straight months of private sector job growth is a start.
- The truth is that powerful corporations with their well-paid lobbyists are waging class warfare against the rest of us.
- And Republican leaders like Paul Ryan claim their policies are based on the teachings of atheist philosopher and Tea Party patron saint Ayn Rand, who thought only the rich had value and selfishness was the highest virtue.
- It's time we got our values and priorities right and stopped giving tax breaks to billionaires and big corporations when working Americans are struggling to make ends meet, and instead focused on creating good jobs and rebuilding the middle class.
- The Bush tax cuts were followed by the slowest job growth since World War II and are the number one driver of our deficits today.
- Americans' average income dropped during the Bush years, and now the richest 1% control 40% of our country's wealth.
- The middle class has always been the backbone of our country -- the working people who contribute to the creation of wealth should share in it.
WHAT YOU NEED TO KNOW
- Less than half of Republican voters support their party's plan to destroy Medicare, and 70% of Americans disapprove of Washington Republicans' handling of the federal budget deficits.
- Since the recession hit, most Americans say the best way to reduce the deficit is to raise taxes on millionaires and eliminate giveaways for oil companies, and 2 out of 3 Americans support raising taxes on people who make more than a quarter of a million dollars a year -- but Republicans won't even put that on the table.
- Bush tax cuts have been the number one driver of our deficits, and now Republicans want to make them permanent, which would nearly double our country's budget deficit (click here to see what that means for your state).
- Even though Americans' top priority is putting the middle class back to work, and in cities across the country like Boise, Albuquerque, and Sacramento, 1 out of every 10 jobs has disappeared, Washington Republicans' "jobs plan" is nothing more than a repackaging of the same failed policies - more tax giveaways for millionaires and corporations.
- This week Republicans in Congress introduced a bill that would deliberately destroy 300,000 federal jobs, from food safety inspectors to VA nurses to border patrol agents.
Republican plan would:
- Destroy two million jobs in the next two years;
- Increase our national debt over the next decade;
- End Medicare as we know it by creating a voucher system that will double health care costs for seniors;
- Gut Medicaid - shifting costs to states that are already in financial trouble and eliminating coverage for many Americans, including seniors who live in nursing homes, children and people with disabilities;
- Make significant cuts to K-12 education, job training, and Pell grants that help kids go to college;
- Give over $4 trillion in new tax breaks for millionaires and corporate special interests and protect $40 billion in giveaways to Big Oil -- even though corporate profits are at an all-time high and corporations are paying lower taxes than ever before.
- Take health insurance away from 32 million Americans;
- Republican politicians, including budget author Paul Ryan, have professed devotion to cult philosopher Ayn Rand who advocated greed and condemned God and faith - and their plan to destroy Medicare and look out for the rich over the rest of us is right in line with Rand's intense opposition to support for working American families.
- Republicans are relying on discredited and fringe economists to defend their budget.
- A new study shows that the richest one percent of Americans own 40% of the nation's wealth.
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Posted in - Budget - Economy - Seniors