Archive for April 1st, 2009

RECESSION HITS SOCIAL SECURITY INCREASES

By STEPHEN OHLEMACHER, Associated Press Writer Tue Mar 31, 6:05 pm ET WASHINGTON – The recession is projected to wipe out annual cost-of-living increases for 50 million Social Security beneficiaries for the next three years, something that hasn’t happened since automatic adjustments were adopted in 1975. The Congressional Budget Office says in its latest budget estimates that inflation [...]

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A Dead-End “Road To Recovery”

CAF STAFF By Terrance Heath March 27th, 2009 – 3:57pm ET more»   I don’t know whether to praise the Republicans or pity them. On one hand, they’ve been given chance after chance to “bring it,” in term of ideas to address the crises we face — an act of astounding generosity, if you ask me, [...]

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What A Progressive Budget Looks Like

CAF STAFF By Isaiah J. Poole April 1st, 2009 – 2:45pm ET Unlike the 19-page propaganda document House Republicans lamely called their alternative budget last week, the Congressional Progressive Caucus has released a real budget with real numbers. Plus, it gets to the core of the country’s fiscal problems, not with platitudes and excessive giveaways [...]

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Broad Brush Issues

Progressive Breakfast: CAF STAFF By Bill Scher March 30th, 2009 – 10:37am ET more» Boom Lowered on Big Auto USA Today reports on new WH demands for an auto rescue plan: President Obama will announce Monday that his auto task force does not believe the plans General Motors (GM) and Chrysler delivered in February can [...]

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