<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>The Washington Independent &#187; Tax cuts</title>
	<atom:link href="http://washingtonindependent.com/tag/tax-cuts/feed" rel="self" type="application/rss+xml" />
	<link>http://washingtonindependent.com</link>
	<description>National News in Context</description>
	<lastBuildDate>Thu, 10 May 2012 20:13:22 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.2.1</generator>
		<item>
		<title>Education to get $55 billion boost in Obama&#8217;s jobs plan</title>
		<link>http://washingtonindependent.com/111446/education-to-get-55-billion-boost-in-obamas-jobs-plan</link>
		<comments>http://washingtonindependent.com/111446/education-to-get-55-billion-boost-in-obamas-jobs-plan#comments</comments>
		<pubDate>Fri, 09 Sep 2011 18:10:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[Government Accountability/Reform]]></category>
		<category><![CDATA[Labor]]></category>
		<category><![CDATA[Slot 3/Center Well]]></category>
		<category><![CDATA[AFL-CIO]]></category>
		<category><![CDATA[AFT]]></category>
		<category><![CDATA[budget cuts]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[democrats]]></category>
		<category><![CDATA[education spending]]></category>
		<category><![CDATA[federal education spending]]></category>
		<category><![CDATA[GOP]]></category>
		<category><![CDATA[jobs bill]]></category>
		<category><![CDATA[joint session]]></category>
		<category><![CDATA[nea]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[republicans]]></category>
		<category><![CDATA[state education spending]]></category>
		<category><![CDATA[Tax cuts]]></category>
		<category><![CDATA[teacher layoffs]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=111446</guid>
		<description><![CDATA[<p>Within president Obama’s $447 billion jobs bill he announced Thursday in an address to a joint session of Congress, some $55 billion would go directly to K-12 educators and renovations to nearly 35,000 schools.</p>
<p>The speech has won plaudits from <a href="http://blog.aflcio.org/2011/09/09/unions-allies-back-american-jobs-act/">labor groups</a> and most of the Democratic base for its <a href="http://washingtonindependent.com/111446/education-to-get-55-billion-boost-in-obamas-jobs-plan" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>Within president Obama’s $447 billion jobs bill he announced Thursday in an address to a joint session of Congress, some $55 billion would go directly to K-12 educators and renovations to nearly 35,000 schools.</p>
<p>The speech has won plaudits from <a href="http://blog.aflcio.org/2011/09/09/unions-allies-back-american-jobs-act/">labor groups</a> and most of the Democratic base for its extension of unemployment insurance benefits and direct jobs training and hiring subsidies for employers, while the package of household and business tax cuts has <a href="http://www.americanindependent.com/193190/obama-jobs-speech-has-gop-contemplating-bipartisanship">piqued </a>the Republican Party’s interest as well.</p>
<p>Among the direct jobs spending the president called for, $30 billion would be spent on retaining 280,000 teachers as a counter-cyclical measure to wait out the sluggish economy. After a several-month period of 100,000-plus <a href="http://www.whitehouse.gov/blog/2011/06/03/employment-situation-may">job gains</a> in the labor market, hiring has slowed, with the most recent monthly jobs report from the Bureau of Labor Statistics noting job growth was completely flat, with net zero new hires.</p>
<p>Going into the 2011-2012 school year, nearly 85 percent of all school districts face budget cuts, <a href="http://neatoday.org/2011/08/30/as-school-year-begins-states-reel-from-education-cuts/">according</a> to labor groups; the depletion of 2009 stimulus money that relieved state legislatures from cutting even deeper into education spending meant more layoffs and school infrastructure neglect. The National Education Association, the largest teachers’ union in the country, <a href="http://neatoday.org/2011/08/30/as-school-year-begins-states-reel-from-education-cuts/">have said</a> the first round of stimulus funds helped 90 percent of school districts avoid spending cuts. Though with many state legislatures passing expansive tax cuts, school spending was on the cutting block.</p>
<p>Many states have dramatically thinned out spending streams to education. <a href="http://www.cbpp.org/cms/index.cfm?fa=view&amp;id=3569">From</a> Center on Budget and Policy Priorities:</p>
<blockquote><p>21 of the 24 states analyzed are providing less funding per student to local school districts in the new school year than they provided last year, and 17 of the 24 are providing less than they did before the recession, after adjusting for inflation. In 10 of these 24 states, per student funding is down by more than 10 percent from pre-recession levels. The three states with the deepest cuts — South Carolina, Arizona, and California — each have reduced per student funding to K-12 schools by more than 20 percent.</p></blockquote>
<p>Though state contributions to school district spending varies by state, nationally, 47 percent of public education spending comes from state coffers. Since the start of the Great Recession, 229,000 teachers were laid off. And with the housing market at a standstill, local communities are strapped as their chief revenue stream runs dry.</p>
<p>Still, a few states upped their primary and secondary education spending: Alaska, Iowa, New Hampshire, Maryland, Massachussetts and Pennsylvania sent more dollars to K-12 education since the start of the recession.</p>
<p>Because public education allotments follow &#8216;formula&#8217; spending as indicated by federal law &#8212;  in which dollars are sent over based on district financial need &#8212; a disproportionate amount would flow to poorer neighborhoods, meaning middle-class zones would feel the squeeze. New Jersey, for example, is <a href="http://www.bloomberg.com/news/2011-05-24/christie-s-fight-to-remove-school-funds-overruled-by-new-jersey-high-court.html">under court order</a> to withhold any more spending cuts affecting school districts in low-income areas.</p>
<p>The remaining $25 billion would go to refurbishing school structures while funding new science labs, internet-ready classrooms, and modernizing rural school houses while bolstering public school facilities&#8217; green bonefides across the country.</p>
<p>A statement from the American Federation of Teachers, the second largest teachers&#8217; union, <a href="http://www.aft.org/newspubs/press/2011/090811.cfm">read</a> in part:</p>
<blockquote><p>President Obama also made it clear that the path to our future is through education. We have seen a loss of 300,000 education jobs since 2008 as well as long-delayed school repairs and modernization projects. We can&#8217;t equip our kids for the knowledge economy if we continue to slash education budgets. This robust plan will put people to work teaching and modernizing schools, and it will save money in energy costs that can be reinvested in education.</p></blockquote>
<p>For a spending breakdown of the president&#8217;s proposed jobs bill, click<a href="http://images.americanindependent.com/FACT_SHEET.American_Jobs_Act.pdf"> here</a> [PDF].</p>
]]></content:encoded>
			<wfw:commentRss>http://washingtonindependent.com/111446/education-to-get-55-billion-boost-in-obamas-jobs-plan/feed</wfw:commentRss>
		<slash:comments>14</slash:comments>
		</item>
		<item>
		<title>Iowa Sen. Harkin, Robert Reich agree: Obama must be bold, use his bully pulpit</title>
		<link>http://washingtonindependent.com/111404/iowa-sen-harkin-robert-reich-agree-obama-must-be-bold-use-his-bully-pulpit</link>
		<comments>http://washingtonindependent.com/111404/iowa-sen-harkin-robert-reich-agree-obama-must-be-bold-use-his-bully-pulpit#comments</comments>
		<pubDate>Thu, 08 Sep 2011 19:49:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Front Page]]></category>
		<category><![CDATA[Slot 3/Center Well]]></category>
		<category><![CDATA[barack obama]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[Environment/Energy]]></category>
		<category><![CDATA[infrastructure]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[middle class]]></category>
		<category><![CDATA[National Security]]></category>
		<category><![CDATA[slot 3/center well]]></category>
		<category><![CDATA[Tax cuts]]></category>
		<category><![CDATA[tax reform]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/111404/iowa-sen-harkin-robert-reich-agree-obama-must-be-bold-use-his-bully-pulpit</guid>
		<description><![CDATA[<p>When President <a href="http://iowaindependent.com/tag/barack-obama">Barack Obama</a> addresses the nation and a joint session of Congress to unveil steps for job creation and the economy, there’s only one thing he needs to remember: go big. That’s the advice of U.S. Sen. <a href="http://iowaindependent.com/tag/tom-harkin">Tom Harkin</a> and former U.S. Labor Secretary <a href="http://iowaindependent.com/tag/robert-reich">Robert Reich</a>.<span id="more-111404"></span> <a href="http://washingtonindependent.com/111404/iowa-sen-harkin-robert-reich-agree-obama-must-be-bold-use-his-bully-pulpit" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>When President <a href="http://iowaindependent.com/tag/barack-obama">Barack Obama</a> addresses the nation and a joint session of Congress to unveil steps for job creation and the economy, there’s only one thing he needs to remember: go big. That’s the advice of U.S. Sen. <a href="http://iowaindependent.com/tag/tom-harkin">Tom Harkin</a> and former U.S. Labor Secretary <a href="http://iowaindependent.com/tag/robert-reich">Robert Reich</a>.<span id="more-111404"></span></p>
<p>&nbsp;</p>
<div><img class="size-full wp-image-58751" title="tom_harkin_125" src="http://media.iowaindependent.com/tom_harkin_125.jpg" alt="" width="125" height="173" />Tom Harkin</p>
</div>
<p>“The urgency of President Obama’s job speech tonight cannot be overstated,” Harkin said Thursday morning during a conference call with reporters. “Last week the Labor Department reported that zero net jobs were created for the month of August. The United States remains mired in the most protracted period of joblessness since the Great Depression.</p>
<p>“Count me among those who believe the President needs to be bold tonight, very bold.”</p>
<p>For starters, said Harkin, Obama needs to speak out against “the mindless march to austerity” while continuing to find compromise on necessary spending cuts and tax increases to address the long-term national deficit.</p>
<p>“But in the short-term we need a robust federal agenda to boost the economy and create jobs,” he said.</p>
<p>A similar message was delivered Wednesday night during a lecture at the University of Iowa by Reich, who called for additional government stimulus and state loans to boost the fragile national economy. A proposal that only addresses continued unemployment needs and ongoing tax cuts, he said, would not be enough to get the country back on its feet.</p>
<p>&nbsp;</p>
<div><img class="size-full wp-image-61018" title="robert_reich_125" src="http://media.iowaindependent.com/robert_reich_125.jpg" alt="" width="125" height="169" />Robert Reich</p>
</div>
<p>“The debt — the national deficit — although real, is manageable,” he said. “What needs to be addressed right now is jobs and [economic] growth.”</p>
<p>Both men also advocate directed government stimulus toward a hurting middle class, which both agree have been the worst hit by the ongoing economic downturn. They also agree that not enough attention is being paid to issues surrounding America’s middle class — a subject that Harkin, most recently joined during the August recess by U.S. Rep. <a href="http://iowaindependent.com/tag/bruce-braley">Bruce Braley</a>, has discussed at length in HELP Committee hearings as well as Iowa-based town hall meetings and roundtable discussions.</p>
<p>“I can report that there is a serious disconnect between Washington, D.C. and Iowa,” Harkin said. “In Washington, politicians have persuaded themselves that the number one issues is the budget deficit. Iowans are focused on a more urgent deficit, the jobs deficit.</p>
<p>“But I’m also concerned about a third deficit — the deficit of vision and courage in Washington. We have failed to confront the jobs crisis with the boldness that earlier Americans summoned in times of national challenge.”</p>
<p>Regardless of Obama’s proposals during his jobs speech Thursday night, Harkin said there will be a certain element within the Republican Party that will oppose it.</p>
<p>“Their mantra is, ‘Government can’t create jobs.’ Well, that’s just nonsense,” he said, added that it was government visionaries who funded and built the nation’s interstate highways, created the Internet, advanced the bio-sciences and explored space.</p>
<p>“These government initiatives spawned countless inventions and new industries, creating 10 of millions good, middle-class jobs,” Harkin said.</p>
<p>It’s been hinted that Obama will proposed $300 billion stimulus package that would include both tax cuts and spending. That won’t be enough, Harkin argued, especially if it is too spread out to make a real difference.</p>
<p>“If [that amount] is really focused on infrastructure — school modernization, for example, [or] roads, bridges, sewer and water systems that will help our local communities — that could be a good shot in the arm,” he said. “But if it is $300 billion spread all over the place, I’m not certain it is going to do much good. If you are going to spread it out, it’s going to have to be a lot more than $300 billion.”</p>
<p>Since it is a given that some will be opposed to whatever Obama proposes, “even if it is $10,” then Obama needs to “do an FDR, a Harry Truman, a Dwight Eisenhower type program that is big and bold and captures the imagination of the American people,” he said.</p>
<p>In the 1950s and 1960s, the Republican Party had a brief flirtation with the 20th century,” <a href="http://robertreich.org/post/9915641540">Reich wrote</a> while discussing the Sept. 7 GOP presidential debate.</p>
<blockquote><p>… Mark Hatfield of Oregon, Jacob Javits and Nelson Rockefeller of New York, Margaret Chase Smith of Maine, and presidents Dwight Eisenhower and Richard Nixon lent their support to such leftist adventures as Medicare and a clean environment. Eisenhower pushed for the greatest public-works project in the history of the United States — the National Defense Highway Act, which linked the nation with four-lane (and occasionally six-lane) Interstate highways. The GOP also supported a large expansion of federally-supported higher education. And to many Republicans at the time, a marginal income tax rate of more than 70 percent on top incomes was not repugnant.</p>
<p>But the Republican Party that emerged in the 1970s began its march back to the 19th century. Ronald Reagan lent his charm and single-mindedness to the charge but the foundations had been laid long before. By the time Newt Gingrich and his regressive followers took over the House of Representatives in 1995, social conservatives, isolationists, libertarians, and corporatists had taken over the GOP once again. …</p></blockquote>
<p>An emphasis on the type of infrastructure Harkin described above, Reich advocated in a recent video message that is embedded below, is the nation’s way forward and the path to American jobs.</p>
<p>&nbsp;</p>
]]></content:encoded>
			<wfw:commentRss>http://washingtonindependent.com/111404/iowa-sen-harkin-robert-reich-agree-obama-must-be-bold-use-his-bully-pulpit/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Poll reveals broad support for mixing tax increases with spending cuts to alleviate federal deficit</title>
		<link>http://washingtonindependent.com/106863/poll-reveals-broad-support-for-mixing-tax-increases-with-spending-cuts-to-alleviate-federal-deficit</link>
		<comments>http://washingtonindependent.com/106863/poll-reveals-broad-support-for-mixing-tax-increases-with-spending-cuts-to-alleviate-federal-deficit#comments</comments>
		<pubDate>Wed, 23 Mar 2011 20:08:29 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Slot 3/Center Well]]></category>
		<category><![CDATA[abc news]]></category>
		<category><![CDATA[deficit]]></category>
		<category><![CDATA[spending cuts]]></category>
		<category><![CDATA[Tax cuts]]></category>
		<category><![CDATA[taxes]]></category>
		<category><![CDATA[Washington Post]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/106863/poll-reveals-broad-support-for-mixing-tax-increases-with-spending-cuts-to-alleviate-federal-deficit</guid>
		<description><![CDATA[<p><a href="http://www.washingtonpost.com/politics/poll-deficit-best-closed-by-cuts-and-taxes/2011/03/23/AB7EOHJB_story.html?wpisrc=nl_pmpolitics">The Washington Post reports</a> that its most recent joint poll with ABC News found that nearly two-thirds of respondents support a combination of raising taxes and cutting federal spending in order to tackle the deficit. Less than a third of those polled said that the government should cut spending alone <a href="http://washingtonindependent.com/106863/poll-reveals-broad-support-for-mixing-tax-increases-with-spending-cuts-to-alleviate-federal-deficit" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.washingtonpost.com/politics/poll-deficit-best-closed-by-cuts-and-taxes/2011/03/23/AB7EOHJB_story.html?wpisrc=nl_pmpolitics">The Washington Post reports</a> that its most recent joint poll with ABC News found that nearly two-thirds of respondents support a combination of raising taxes and cutting federal spending in order to tackle the deficit. Less than a third of those polled said that the government should cut spending alone to cut the federal deficit.</p>
<p>This is a shift from just four months ago, when the same question, asked in December, found 36 percent of respondents advocating spending cuts alone and 60 percent advocated tax increases and spending cuts together (the precise numbers are now 31 to 64 percent). Increasing taxes alone remained by far the least popular option, with just 3 percent of those polled supporting such a tactic, up 1 percentage point from December.</p>
<p>The overwhelming popularity of combining the traditionally liberal notion of tax increases with the traditionally conservative notion of spending reductions cut across party lines, though it was more popular with Democrats than Republicans. Nearly half — 47 percent — of Republicans chose that option, compared to 77 percent of Democrats. Independents were right in line with the overall picture, with 64 percent of them choosing the twofold approach to fixing the deficit.</p>
<p>That wasn’t the only indication in the poll that the majority of Americans are more moderate than vocal extremists on either side of the political divide would have it. A full 71 percent of those polled said that Republicans have not been willing enough to compromise with President Obama over the budget, while only 16 percent said Republicans were too willing to compromise. </p>
<p><a href="http://www.americanindependent.com/174490/new-poll-shows-further-evidence-of-nationwide-support-for-same-sex-marriage">The American Independent previously reported</a> on the poll’s findings that more than half of all Americans are now in support of legalizing same-sex marriage.</p>
]]></content:encoded>
			<wfw:commentRss>http://washingtonindependent.com/106863/poll-reveals-broad-support-for-mixing-tax-increases-with-spending-cuts-to-alleviate-federal-deficit/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The numbers are in: income gap has become a vast chasm since 1979</title>
		<link>http://washingtonindependent.com/105968/the-numbers-are-in-income-gap-has-become-a-vast-chasm-since-1979</link>
		<comments>http://washingtonindependent.com/105968/the-numbers-are-in-income-gap-has-become-a-vast-chasm-since-1979#comments</comments>
		<pubDate>Tue, 01 Mar 2011 21:53:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Labor]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Slot 3/Center Well]]></category>
		<category><![CDATA[income distribution]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[mother jones]]></category>
		<category><![CDATA[Tax cuts]]></category>
		<category><![CDATA[tax rates]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=105968</guid>
		<description><![CDATA[<p>Mother Jones <a href="http://motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph">is running a series</a> of infographics in its most recent issue that follow income trends in the U.S. Among other findings, they show that the top .01 percent of Americans make 875 times what the bottom 90 percent make, and that the rich have gotten richer and <a href="http://washingtonindependent.com/105968/the-numbers-are-in-income-gap-has-become-a-vast-chasm-since-1979" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>Mother Jones <a href="http://motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph">is running a series</a> of infographics in its most recent issue that follow income trends in the U.S. Among other findings, they show that the top .01 percent of Americans make 875 times what the bottom 90 percent make, and that the rich have gotten richer and the poor poorer to such a degree that if pre-1979 income trends had continued from 1979 to 2005, the top 10 percent of Americans would now be making between $4,912 and $597,241 less than they do now each year, and the remaining 90 percent would be making $3,733 to $10,100 more. </p>
<p>Some of the more shocking charts, after the jump.<span id="more-105968"></span></p>
<p>When adjusted for inflation, the top 1 percent have seen runaway increases in average household income since 1979 and the top 20 percent have seen a steady rise; everyone else saw stagnation or decline:</p>
<p style="font-size: smaller;"><em><a rel="attachment wp-att-171717" href="http://washingtonindependent.com/?attachment_id=171717"><img class="alignnone size-full wp-image-171717" title="inequality-p25_averagehouseholdincom" src="http://images.americanindependent.com/inequality-p25_averagehouseholdincom.png" alt="" width="480" height="263" /></a><br />
<em>Image courtesy of Mother Jones</em></p>
<p>A Harvard study shows that Americans have a hopeful but highly inaccurate concept of wealth distribution in the U.S. The vast majority of respondents to the Harvard poll also said they wish it were even more equitable:</p>
<p style="font-size: smaller;"><a rel="attachment wp-att-171718" href="http://washingtonindependent.com/?attachment_id=171718"><img class="alignnone size-full wp-image-171718" title="inequality-page25_actualdistribwithlegend" src="http://images.americanindependent.com/inequality-page25_actualdistribwithlegend.png" alt="" width="480" height="200" /></a><br />
<em>Image courtesy of Mother Jones</em></p>
<p>Tax rates for those making a $1 million in 2010 dollars are half what they were in 1945; meanwhile, corporate tax rates have plummeted such that corporate taxes went from covering nearly a third of federal tax revenue in the &#8217;50s to under 10 percent today. Payroll taxes have skyrocketed to make up for corporate tax cuts:</p>
<p style="font-size: smaller;"><a rel="attachment wp-att-171719" href="http://washingtonindependent.com/?attachment_id=171719"><img class="alignnone size-full wp-image-171719" title="inequality-taxrate_3" src="http://images.americanindependent.com/inequality-taxrate_3.png" alt="" width="480" height="519" /></a><br />
<em>Image courtesy of Mother Jones</em></p>
]]></content:encoded>
			<wfw:commentRss>http://washingtonindependent.com/105968/the-numbers-are-in-income-gap-has-become-a-vast-chasm-since-1979/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Why the unemployed are marginalized</title>
		<link>http://washingtonindependent.com/105204/why-the-unemployed-are-marginalized</link>
		<comments>http://washingtonindependent.com/105204/why-the-unemployed-are-marginalized#comments</comments>
		<pubDate>Fri, 28 Jan 2011 13:52:47 +0000</pubDate>
		<dc:creator>Ed Brayton</dc:creator>
				<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Slot 3/Center Well]]></category>
		<category><![CDATA[organizing]]></category>
		<category><![CDATA[Tax cuts]]></category>
		<category><![CDATA[unemployed]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/105204/why-the-unemployed-are-marginalized</guid>
		<description><![CDATA[<p>Mike Konczal, a writer for the Atlantic, makes a very prescient <a href="http://rortybomb.wordpress.com/2011/01/25/are-we-at-the-completion-of-the-liberal-project/">statement</a> on his blog about the difficult time the unemployed have had in getting their interests taken as seriously as the interests of the wealthy and powerful:</p>
<blockquote><p>We just had to bribe the top 3% with massive tax</p></blockquote><p> <a href="http://washingtonindependent.com/105204/why-the-unemployed-are-marginalized" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>Mike Konczal, a writer for the Atlantic, makes a very prescient <a href="http://rortybomb.wordpress.com/2011/01/25/are-we-at-the-completion-of-the-liberal-project/">statement</a> on his blog about the difficult time the unemployed have had in getting their interests taken as seriously as the interests of the wealthy and powerful:</p>
<blockquote><p>We just had to bribe the top 3% with massive tax cuts for the next two years in order to keep unemployment insurance extensions in place for another year. Unemployment benefit extension are a net job creator and should have been a no-brainer, but it couldn’t pass without a massive bribe.   This doesn’t include the brutal battle for extending health care to an additional 30 million+ people.  This is even after the Federal Reserve created an alphabet soup of wicked-good safety net for the top 3% of the financial system, it’s difficult to get extra benefits for working-people in the largest post-war downturn.</p></blockquote>
<p>And all of that took place with the Democrats in control of the White House and both houses of Congress. It only gets tougher in the new Congress.</p>
]]></content:encoded>
			<wfw:commentRss>http://washingtonindependent.com/105204/why-the-unemployed-are-marginalized/feed</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Romney and Rove divided over tax cut deal</title>
		<link>http://washingtonindependent.com/104653/romney-and-rove-divided-over-tax-cut-deal</link>
		<comments>http://washingtonindependent.com/104653/romney-and-rove-divided-over-tax-cut-deal#comments</comments>
		<pubDate>Tue, 14 Dec 2010 18:22:44 +0000</pubDate>
		<dc:creator>Patrick Caldwell</dc:creator>
				<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Slot 3/Center Well]]></category>
		<category><![CDATA[2012]]></category>
		<category><![CDATA[American Crossroads]]></category>
		<category><![CDATA[bush tax cuts]]></category>
		<category><![CDATA[Mitt Romney]]></category>
		<category><![CDATA[op-ed]]></category>
		<category><![CDATA[Tax cuts]]></category>
		<category><![CDATA[USA today]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/104653/romney-and-rove-divided-over-tax-cut-deal</guid>
		<description><![CDATA[<p>Republicans are increasingly divided on the deal to extend the Bush tax cuts that was hammered out by the Obama administration and the Republican Congressional leadership. Potential 2012 Republican presidential candidate Mitt Romney urged Congress to vote against the bill in an <a href="http://www.usatoday.com/news/opinion/forum/2010-12-14-column14_ST_N.htm">op-ed published Tuesday in USA Today</a>.</p>
<p>The <a href="http://washingtonindependent.com/104653/romney-and-rove-divided-over-tax-cut-deal" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>Republicans are increasingly divided on the deal to extend the Bush tax cuts that was hammered out by the Obama administration and the Republican Congressional leadership. Potential 2012 Republican presidential candidate Mitt Romney urged Congress to vote against the bill in an <a href="http://www.usatoday.com/news/opinion/forum/2010-12-14-column14_ST_N.htm">op-ed published Tuesday in USA Today</a>.</p>
<p>The temporary nature of the deal is Romney&#8217;s main objection, he writes. He acknowledges the traditional Republican argument that all tax cuts are good because they spur economic growth, but he repeats the frequent talking point that with the tax cuts set to expire in a few years their benefit will be minimal due to &#8216;uncertainty&#8217; about future rates.</p>
<blockquote><p>Because the extension is only temporary, a large portion of the  investment and job growth that characteristically accompanies low taxes  will be lost. When entrepreneurs and employers make decisions to start  or expand an enterprise, uncertainty about tax rates translates directly  into a reduced propensity to invest and to hire. With only a two-year  extension, investors know that before their returns are realized, tax  rates may be jacked up to the levels favored by President Obama. So  while the tax deal will succeed in temporarily putting more money in the  hands of consumers, it will fail to deliver its full potential for  creating lasting growth.</p></blockquote>
<p>Romney also attacks the inclusion of a 13-month extension of unemployment benefits in the deal. He attempts to humanize his concern for the unemployed by referencing his interactions with the jobless while he served as lay pastor, but then turns his ire against providing benefits to those struggling individuals.</p>
<p>&#8220;The vital necessity of providing for those without work should not be  used as an excuse to ignore the very real problems of our unemployment  system,&#8221; he writes. Romney suggests some form of &#8220;individual unemployment savings accounts&#8221; or programs to induce employers to hire the long-term unemployed but does not provide many details about how those programs would operate. Romney does acknowledge &#8220;we cannot rebuild our flawed system overnight.&#8221;</p>
<p>Romney is using the tax cut compromise to position himself to the right among 2012 aspirants. He is usually lumped among the moderate, old-school wing of the GOP. But the tax cut compromise has angered many in the base of the conservative movement, with <a href="http://www.americanindependent.com/161367/tea-party-patriots-compares-tax-deal-to-tarp-warns-of-house-cleaning">Tea Party Nation comparing</a> a vote in favor of the tax cuts as equivalent to supporting TARP in 2008. As <a href="http://www.slate.com/blogs/blogs/weigel/archive/2010/12/14/most-republican-2012ers-back-the-tax-deal.aspx">Dave Weigel at Slate notes</a>, the majority of potential 2012ers have either supported the agreement to extend the tax rates or have not made public comments. Sarah Palin is the only other possible candidate who has come out against the compromise, and the former Alaska governor only tweeted her opposition. By writing this editorial, Romney has positioned himself as one of the leading voices resisting the deal with the Obama administration, something that could win him favor among the conservative grassroots.</p>
<p>At the end of his op-ed, Romney reveals another reason why it is personally beneficial for him to resist the tax cut deal. &#8220;President Obama has reason to celebrate. The deal delivers short-term  economic stimulus, and it does so at the very time he wants it most,  before the 2012 elections,&#8221; Romney writes. The president&#8217;s reelection hopes will largely <a href="http://www.newsweek.com/2010/07/10/it-s-always-the-economy-stupid.html">revolve around the state of the economy</a> in November 2012. The tax cut compromise injects significant stimulus into the economy over the next two years, so it is logical for for a candidate angling to remove Obama from the White House to oppose a policy that could improve the economy before 2012.</p>
<p>While Romney shifts to the right, the Republican establishment is is pushing forward on the tax cut deal with full force. The bill <a href="http://www.americanindependent.com/161428/senate-gets-cloture-on-unemployment-extension">passed the cloture vote</a> in the U.S. Senate Monday by a 83-15 vote that included support from a host of Republicans.</p>
<p>Now the group associated with the ultimate of Republican party insiders is scheduled to begin airing radio ads to pressure House Democrats to pass the tax deal. <a href="http://dyn.politico.com/printstory.cfm?uuid=E33F3205-C5E2-4210-14E5139B84D6250F">Politico reports</a> that Crossroads GPS plans to spend $400,000 targeting 12 House Democrats.</p>
<p>Crossroads GPS is a spinoff of Karl Rove associated American Crossroads, and the two organizations invested heavily in ad buys supporting Republicans during the midterm elections, combining for $70 million. Crossroads GPS spent <a href="http://www.americanindependent.com/154716/crossroads-gps-donors-revealed-sort-of">around $17 million,</a> but because the organization is a 501(c)(4) with undisclosed donors, the group cannot spend more than half of their expenditures on electioneering. The new commercials supporting the tax cut compromise represent Crossroad GPS&#8217; first push to fulfill its &#8220;sustained advocacy effort&#8221; since the election.</p>
]]></content:encoded>
			<wfw:commentRss>http://washingtonindependent.com/104653/romney-and-rove-divided-over-tax-cut-deal/feed</wfw:commentRss>
		<slash:comments>9</slash:comments>
		</item>
		<item>
		<title>Sanders mounting filibuster now against tax cut deal</title>
		<link>http://washingtonindependent.com/104632/sanders-mounting-filibuster-now-against-tax-cut-deal</link>
		<comments>http://washingtonindependent.com/104632/sanders-mounting-filibuster-now-against-tax-cut-deal#comments</comments>
		<pubDate>Fri, 10 Dec 2010 19:25:27 +0000</pubDate>
		<dc:creator>Luke Johnson</dc:creator>
				<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Slot 3/Center Well]]></category>
		<category><![CDATA[bernie sanders]]></category>
		<category><![CDATA[bush tax cuts]]></category>
		<category><![CDATA[Filibuster]]></category>
		<category><![CDATA[mary landrieu]]></category>
		<category><![CDATA[senate]]></category>
		<category><![CDATA[sherrod brown]]></category>
		<category><![CDATA[Tax cuts]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/104632/sanders-mounting-filibuster-now-against-tax-cut-deal</guid>
		<description><![CDATA[<p>Sen. Bernie Sanders (I-Vt.) is mounting a filibuster in the U.S. Senate right now against the Bush tax cuts deal brokered by President Obama and congressional Republicans. He has been speaking since 10:25 a.m. EST against the tax cuts for the wealthy and corporations, and his office <a href="http://sanders.senate.gov/">writes</a> that <a href="http://washingtonindependent.com/104632/sanders-mounting-filibuster-now-against-tax-cut-deal" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>Sen. Bernie Sanders (I-Vt.) is mounting a filibuster in the U.S. Senate right now against the Bush tax cuts deal brokered by President Obama and congressional Republicans. He has been speaking since 10:25 a.m. EST against the tax cuts for the wealthy and corporations, and his office <a href="http://sanders.senate.gov/">writes</a> that he is pledging to speak &#8220;as long as possible.&#8221;  </p>
<p>Sen. Sherrod Brown (D-Ohio) has taken over for Sanders in parts of the filibuster. Sen. <a href="http://projects.washingtonpost.com/congress/members/l000550/">Mary Landrieu</a> (D-La.) &#8212; a more centrist senator who voted for the <a href="http://www.nola.com/politics/index.ssf/2010/12/sen_mary_landrieu_defends_her.html">tax cuts in 2001</a> &#8212; joined in and made it a <a href="http://www.c-span.org/guide/congress/glossary/colloquy.htm">colloquy</a>.</p>
<p>This continues. Watch <a href="http://www.c-span.org/Watch/C-SPAN2.aspx">it here.</a></p>
]]></content:encoded>
			<wfw:commentRss>http://washingtonindependent.com/104632/sanders-mounting-filibuster-now-against-tax-cut-deal/feed</wfw:commentRss>
		<slash:comments>6</slash:comments>
		</item>
		<item>
		<title>Tax cuts bill more expensive than economic stimulus, according to Congressional Budget Office</title>
		<link>http://washingtonindependent.com/104628/tax-cuts-bill-more-expensive-than-economic-stimulus-according-to-congressional-budget-office</link>
		<comments>http://washingtonindependent.com/104628/tax-cuts-bill-more-expensive-than-economic-stimulus-according-to-congressional-budget-office#comments</comments>
		<pubDate>Fri, 10 Dec 2010 15:27:30 +0000</pubDate>
		<dc:creator>Luke Johnson</dc:creator>
				<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Slot 3/Center Well]]></category>
		<category><![CDATA[American Reinvestment and Recovery Act]]></category>
		<category><![CDATA[bush tax cuts]]></category>
		<category><![CDATA[congressional budget office]]></category>
		<category><![CDATA[President Obama]]></category>
		<category><![CDATA[stimulus]]></category>
		<category><![CDATA[Tax cuts]]></category>
		<category><![CDATA[U.S. House]]></category>
		<category><![CDATA[U.S. Senate]]></category>
		<category><![CDATA[Washington Post]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/104628/tax-cuts-bill-more-expensive-than-economic-stimulus-according-to-congressional-budget-office</guid>
		<description><![CDATA[<p>The tax cuts compromise brokered by President Obama and congressional Republicans will cost more than the 2009 economic stimulus, <a href="http://blogs.wsj.com/washwire/2010/12/10/the-number-858-billion/">according to estimates</a> from the Congressional Budget Office. </p>
<p>The CBO expects the tax cuts deal to cost $858 billion over 10 years, while the American Reinvestment and Recovery Act <a href="http://washingtonindependent.com/104628/tax-cuts-bill-more-expensive-than-economic-stimulus-according-to-congressional-budget-office" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>The tax cuts compromise brokered by President Obama and congressional Republicans will cost more than the 2009 economic stimulus, <a href="http://blogs.wsj.com/washwire/2010/12/10/the-number-858-billion/">according to estimates</a> from the Congressional Budget Office. </p>
<p>The CBO expects the tax cuts deal to cost $858 billion over 10 years, while the American Reinvestment and Recovery Act had a cost of $787 billion. A Congressional Research Service study shows that the extension of all of the Bush tax cuts for two years will cost $675.2 billion over ten years.</p>
<p>Influential conservative columnist Charles Krauthammer <a href="http://www.washingtonpost.com/wp-dyn/content/article/2010/12/09/AR2010120904472.html">wrote</a> in the Washington Post this morning that President Obama &#8220;won&#8221; the tax cut debate by negotiating &#8220;the biggest stimulus in American history.&#8221; Meanwhile, House Democrats in a private meeting gave a <a href="http://tpmdc.talkingpointsmemo.com/2010/12/house-dems-vote-no-confidence-in-obama-tax-plan.php">vote</a> of &#8216;no-confidence&#8217; to the tax cut deal, as the House already voted to extend the Bush tax cuts for the middle class.</p>
]]></content:encoded>
			<wfw:commentRss>http://washingtonindependent.com/104628/tax-cuts-bill-more-expensive-than-economic-stimulus-according-to-congressional-budget-office/feed</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Unemployment benefits tied to tax cut debate, will likely lapse before deadline</title>
		<link>http://washingtonindependent.com/103660/unemployment-benefits-tied-to-tax-cut-debate-will-likely-lapse-before-deadline</link>
		<comments>http://washingtonindependent.com/103660/unemployment-benefits-tied-to-tax-cut-debate-will-likely-lapse-before-deadline#comments</comments>
		<pubDate>Wed, 17 Nov 2010 14:38:00 +0000</pubDate>
		<dc:creator>Jesse Zwick</dc:creator>
				<category><![CDATA[Blog (deprecated)]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Slot 3/Center Well]]></category>
		<category><![CDATA[democrats]]></category>
		<category><![CDATA[lapse]]></category>
		<category><![CDATA[nancy pelosi]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[pete sessions]]></category>
		<category><![CDATA[richard durbin]]></category>
		<category><![CDATA[Tax cuts]]></category>
		<category><![CDATA[thanksgiving]]></category>
		<category><![CDATA[unemployment benefits]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=103660</guid>
		<description><![CDATA[<p>Democrats in Washington are catching on to the idea that they can&#8217;t capitulate to an extension of Bush-era tax rates for the rich without at least demanding something in return, and an extension of federal unemployment benefits, set to expire at the end of the month, is increasingly looking like <a href="http://washingtonindependent.com/103660/unemployment-benefits-tied-to-tax-cut-debate-will-likely-lapse-before-deadline" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>Democrats in Washington are catching on to the idea that they can&#8217;t capitulate to an extension of Bush-era tax rates for the rich without at least demanding something in return, and an extension of federal unemployment benefits, set to expire at the end of the month, is increasingly looking like it will be a part of the bargain. While Democratic leadership is still opposed, in theory, to any extension of tax cuts for the top two percent of American income earners, politicians on both sides of the aisle <a href="http://www.nytimes.com/reuters/2010/11/17/us/politics/politics-us-usa-taxes.html?_r=1&amp;ref=reuters">have begun floating</a> a possible deal that would link an extension of the tax cuts to an extension of unemployment benefits:<span id="more-103660"></span></p>
<blockquote><p>Representative Pete Sessions, a Republican in leadership, said he could back extending jobless benefits, favored by Democrats like House Speaker <a title="More articles about Nancy Pelosi." href="http://topics.nytimes.com/top/reference/timestopics/people/p/nancy_pelosi/index.html?inline=nyt-per">Nancy Pelosi</a>, in exchange for an extension of all Bush-era tax cuts, including for the wealthiest groups.</p>
<p>&#8220;What we&#8217;re going to do is sit down and talk with Mrs. Pelosi,&#8221; Sessions told Reuters as he left a meeting of House Republicans. &#8220;I see nothing wrong with her winning as long as the American people do.&#8221; [...]</p>
<p>&#8220;It really strikes me as hard to explain why we would give charity to the richest people in America with additional tax cuts of $100,000 a year and deny the basic necessities of life to people who are out of work through no fault of their own,&#8221; said Richard Durbin, the No. 2 Democrat in the Senate.</p></blockquote>
<p>Obviously, no deal is yet in sight, but the comments above indicate that a link between the two concepts is becoming increasingly likely &#8212; and it&#8217;s doubtless a good messaging strategy for Democrats. As a lobbyist pushing for a year-long unemployment benefits extension <a href="http://www.huffingtonpost.com/2010/11/16/jobless-benefits-senate-lapse_n_784284.html">told</a> the Huffington Post, &#8220;Leadership is very aware of the beautiful symmetry of tax cuts for millionaires doesn&#8217;t need to be offset but $293 a week for the long-term unemployed does.&#8221;</p>
<p>Neither the Senate nor the House plans to be in session next week, however, meaning an extension of unemployment benefits would have to pass this week for nearly 2 million Americans to avoid losing their benefits come December. Linking the extension to the tax cut debate might give it a greater chance of passing, but it also seems destined to drag out the debate and virtually ensure that Congress will allow the crucial benefits to lapse one again. With Republican leadership <a href="http://www.politico.com/news/stories/1110/45257.html">rescheduling</a> its much anticipated meeting with President Obama until after Thanksgiving, don&#8217;t look for any major deals to occur in the meantime.</p>
]]></content:encoded>
			<wfw:commentRss>http://washingtonindependent.com/103660/unemployment-benefits-tied-to-tax-cut-debate-will-likely-lapse-before-deadline/feed</wfw:commentRss>
		<slash:comments>75</slash:comments>
		</item>
		<item>
		<title>White House denies folding on Bush tax cuts, but still &#8216;open to compromise&#8217;</title>
		<link>http://washingtonindependent.com/103264/white-house-denies-folding-on-bush-tax-cuts-but-still-open-to-compromise</link>
		<comments>http://washingtonindependent.com/103264/white-house-denies-folding-on-bush-tax-cuts-but-still-open-to-compromise#comments</comments>
		<pubDate>Thu, 11 Nov 2010 16:08:32 +0000</pubDate>
		<dc:creator>Jesse Zwick</dc:creator>
				<category><![CDATA[Blog (deprecated)]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Slot 3/Center Well]]></category>
		<category><![CDATA[Adam Green]]></category>
		<category><![CDATA[Dan Pfeiffer]]></category>
		<category><![CDATA[decoupling]]></category>
		<category><![CDATA[Greg Sargent]]></category>
		<category><![CDATA[huffington post]]></category>
		<category><![CDATA[Progressive Change Campaign Committee]]></category>
		<category><![CDATA[Sam Stein]]></category>
		<category><![CDATA[Tax cuts]]></category>
		<category><![CDATA[white house]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=103264</guid>
		<description><![CDATA[<p>A lot of hubbub this morning surrounding a Huffington Post <a href="http://www.huffingtonpost.com/2010/11/10/white-house-gives-in-on-bush-tax-cuts_n_781992.html">article</a> that suggested the White House was willing to cave on its position of permanently extending tax cuts for most Americans while only temporarily extending those for the upper two percent and instead accept the idea of a temporary <a href="http://washingtonindependent.com/103264/white-house-denies-folding-on-bush-tax-cuts-but-still-open-to-compromise" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>A lot of hubbub this morning surrounding a Huffington Post <a href="http://www.huffingtonpost.com/2010/11/10/white-house-gives-in-on-bush-tax-cuts_n_781992.html">article</a> that suggested the White House was willing to cave on its position of permanently extending tax cuts for most Americans while only temporarily extending those for the upper two percent and instead accept the idea of a temporary extension of all the tax cuts. Following the story&#8217;s publication, White House Communications Director Dan Pfeiffer <a href="http://voices.washingtonpost.com/plum-line/2010/11/the_morning_plum_129.html">emailed</a> Greg Sargent to set the record straight:</p>
<blockquote><p>The story is overwritten. Nothing has changed from what the President said last week. We believe we need to extend the middle class tax cuts, we cannot afford to borrow 700 billion to pay for extending the tax cuts for the wealthiest Americans, and we are open to compromise and are looking forward to talking to the Congressional leadership next week to discuss how to move forward. Full Stop, period, end of sentence.</p></blockquote>
<p><span id="more-103264"></span>That still leaves unclear, however, whether the White House will keep demanding that the majority of the tax cuts be permanent while the ones for individuals making more than than $200,000 be temporary. Republicans are pretty much categorically opposed to &#8220;decoupling&#8221; the time frames of tax cuts for these two groups, because then they&#8217;d be forced to advocate for an extension of tax cuts just for the rich at some point down the line.</p>
<p>Adam Green, co-founder of the Progressive Change Campaign Committee, emailed to offer his two cents:</p>
<blockquote><p>The White House saying &#8216;we support&#8217; a policy is meaningless &#8212; they &#8216;supported&#8217; the public option and then let it die without a fight. The White House and congressional leaders need to say we are scheduling one vote, one vote only, and that vote is on renewing the middle class tax cuts &#8212; and if Republicans want to oppose tax cuts for 98% of Americans, we dare them to and will pummel them politically if they do. That&#8217;s how you fight and put Republicans on defense.</p></blockquote>
<p>I&#8217;m inclined to agree with Green on this point. If Republicans are nervous about having to advocate for extending just the tax cuts for the wealthy at some later date, Democrats should jump at having that same debate with them right now. Instead, they&#8217;ve constantly backed away from a fight over the issue despite the fact that <a href="http://www.cbsnews.com/8301-503544_162-20016602-503544.html">most polls show</a> public opinion is on their side.</p>
]]></content:encoded>
			<wfw:commentRss>http://washingtonindependent.com/103264/white-house-denies-folding-on-bush-tax-cuts-but-still-open-to-compromise/feed</wfw:commentRss>
		<slash:comments>64</slash:comments>
		</item>
	</channel>
</rss>

