Some of the politicians in Washington really are earning their pay: keep an eye on the Congressional Progressive Caucus.
Summarizing the Caucus' new proposal to the Joint Select Committee on Deficit Reduction--which correctly advocates focusing on rebuilding America rather than slicing services to a population already under stress, CPC member Michael Honda observed:
“We can ‘go big’ and address our budget deficits by allowing the unpaid-for Bush tax cuts to expire and ending our unpaid-for wars on schedule. Anyone who says we need to cut education, cut the social safety net, cut Social Security, Medicaid, Medicare or provide more tax cuts to the rich, is pushing a political agenda, not sound fiscal policy."
It is nice to see some politicians who are capable of taking the long view and understanding the inescapable linkage between domestic and foreign policy. Take five minutes and read their specific reform proposals.
Particularly noteworthy proposals include:
- eliminating welfare payments for Big Oil;
- taxing Wall St. transactions related to "exotic" financial instruments (read: what caused the financial crisis);
- ending U.S. wars on Iraq and Afghanistan.