Tucson Progressive

Pamela Powers Hannley, a progressive voice for Arizona

Progressive Caucus Releases ‘Back to Work’ Budget

CPC-sidebyside

On Wednesday, the Congressional Progressive Caucus (CPC) released its “Back to Work” Budget. Think of it as the polar opposite of the Republicans’ “Stab Americans in the Back”budget penned by Congressman Paul Ryan and released earlier in the week. Special thanks to Congressman Raul Grijalva, co-chair of the CPC. Each year, the CPC releases a common sense budget plan. When will Washington DC listen, when will the Lame Stream Media cover it? Go to this link to tell your Congressional representative to vote for the Back to Work Budget.

Here is the summary from the CPC…

7 million new jobs in one year

$4.4 trillion in deficit reduction

We’re in a jobs crisis that isn’t going away.  Millions of hard-working American families are falling behind, and the richest 1 percent is taking home a bigger chunk of our nation’s gains every year. Americans face a choice: we can either cut Medicare benefits to pay for more tax breaks for millionaires and billionaires, or we can close these tax loopholes to invest in jobs.  We choose investment.  The Back to Work Budget invests in America’s future because the best way to reduce our long-term deficit is to put America back to work.  In the first year alone, we create nearly 7 million American jobs and increase GDP by 5.7%.  We reduce unemployment to near 5% in three years with a jobs plan that includes repairing our nation’s roads and bridgesand putting the teachers, cops and firefighters who have borne the brunt of our economic downturn back to work.  We reduce the deficit by $4.4 trillion by closing tax loopholes and asking the wealthy to pay a fair share.  We repeal the arbitrary sequester and the Budget Control Act that are damaging the economy, and strengthen Medicare and Medicaid, which provide high quality, low-cost medical coverage to millions of Americans when they need it most.  This is what the country voted for in November.  It’s time we side with America’s middle class and invest in their future.

Job Creation

• Infrastructure – substantially increases infrastructure investment to the level the American Society of Civil Engineers says is necessary to close our infrastructure needs gap

• Education – funds school modernizations and rehiring laid-off teachers

• Aid to States – closes the recession-caused gap in state budgets for two years, allowing the rehiring of cops, firefighters, and other public employees

• Making Work Pay – boosts consumer demand by reinstating an expanded tax credit for three years

• Emergency Unemployment Compensation – allows beneficiaries to claim up to 99 weeks of unemployment benefits in high-unemployment states for two years

• Public Works Job Programs and Aid to Distressed Communities – includes job programs such as a Park Improvement Corps, Student Jobs Corps, and Child Care Corps

Fair Individual Tax  

• Immediately allows Bush tax cuts to expire for families earning over $250K

• Higher tax rates for millionaires and billionaires (from 45% to 49%)

• Taxes income from investments the same as income from wages

Fair Corporate Tax

• Ends corporate tax bias toward moving jobs and profits overseas

• Enacts a financial transactions tax

• Reduces deductions for corporate jets, meals, and entertainment

Defense

• Returns Pentagon spending to 2006 levels, focusing on modern security needs

Health Care

• No benefit cuts to Medicare, Medicaid, or Social Security

• Reduces health care costs by adopting a public option, negotiating drug prices, and reducing fraud

Environment

• Prices carbon pollution with a rebate to hold low income households harmless

• Eliminates corporate tax subsidies for oil, gas, and coal companies

GETTING AMERICANS BACK TO WORK

The Back to Work Budget creates nearly 7 million jobs in its first year.

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About

The Tucson Progressive: Pamela Powers Hannley

I stand on the side of Love. I believe in kindness to all creatures on Earth and the inherent self-worth of all individuals--not just people who agree with me or look like me.

Widespread economic and social injustice prompted me to become a candidate for the Arizona House, representing Legislative District 9 in the 2016 election. My platform focuses on economic reforms to grow Arizona's economy, establish a state-based public bank, fix our infrastructure, fully fund public education, growlocal small businesses and community banks, and put people back to work at good-paying jobs. I also stand for equal rights, choice, and paycheck fairness for women. I am running as a progressive and running clean.

My day job is managing editor for the American Journal of Medicine, an academic medicine journal with a worldwide circulation. In addition, my husband and I co-direct Arizonans for a New Economy, Arizona's public banking initiative. I am a member of the national board of the Public Banking Institute, and I am co-chair of the Arizona Democratic Progressive Caucus, the largest caucus of the Arizona Democratic Party.

I am a published author, photographer, videographer, clay artist, mother, nana, and wife. I have a bachelor's degree in journalism from Ohio State University and a masters in public health from the University of Arizona. I grew up in Amherst, Ohio, but I have lived in Tucson, Arizona since 1981. I am a proud member of the Unitarian Universalist Church of Tucson and the Public Relations Society of America.

My Tucson Progressive blog and Facebook page feature large doses of liberal ideas, local, state, and national politics, and random bits of humor. I also blog at Blog for Arizona and the Huffington Post.

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