Small businesses are vitally important job creators and engines of economic growth. Congress can make it easier for small businesses to succeed and strengthen the recovery with real tax relief that lowers the cost of doing business. Senate Democrats have proposed the Small Business Jobs and Tax Relief Act of 2012, which contains common sense…
KEY PROVISIONS Immediately Invests in Our Roads, Rails and Airports ($50 Billion): The Senate bill provides $50 billion in immediate investments for highways, transit, rail and aviation, helping to modernize an infrastructure that now receives a grade of “D” from the American Society of Civil Engineers and putting hundreds of thousands of construction workers back…
The Teachers and First Responders Back to Work Act provides $35 billion to create or protect nearly 400,000 education jobs, while preventing the layoffs of thousands of cops and firefighters. This critical legislation would help states and localities keep their schools strong and their streets safe, without adding a dime to the deficit. KEY…
REID PLAN PAST REPUBLICAN SUPPORT $1.2 Trillion in Discretionary Spending Cuts. The $1.2 trillion in discretionary spending cuts include both defense and non-defense spending. Politico: Boehner’s Two-Step Plan Includes $1.2 Trillion in Discretionary Cuts. “The first debt limit increase of between $900 billion to $1 trillion would be accompanied by strict discretionary spending caps designed…
A Default Would Destroy Over Half a Million Jobs. A Default Would Cost the Economy Hundreds of Thousands of Lost Jobs Every Year. “According to an analysis by the Federal Reserve, a one-percentage point rise in Treasury yields would reduce economic growth by 0.8 percentage points. That number sounds small, but it is not. Economists…
Even coming close to a default on our nation’s debt will cost middle-class families thousands of dollars While American families are living paycheck to paycheck, Republicans are toying with defaulting on our nation’s debt by opposing every deficit reduction compromise that is offered to them. Should the nation default on its debt, or even come…
The Republican budget reflects upside-down priorities – it protects tax breaks for those at the top, but forces seniors to pay more for cancer prevention and treatment starting next year, including cancer medications and screenings like mammograms and colonoscopies. Since passing their reckless budget, Republicans nationwide have continued to make the false claim that their…
Republicans’ Plan Would Cost Millions Of Seniors $2.2 Billion In Benefits Next Year Alone, Despite Continued Republican Claims To Their Constituents That It Would “Not Touch Benefits” Since passing their reckless budget plan last week, Republicans nationwide have continued to make the false claim that their plan protects today’s seniors. But seniors need to know…
Republican Budget Protects $44 Billion In Tax Breaks For Big Oil And Gas Companies While Cutting Prescription Drug Benefits For Seniors By The Same Amount Republican Budget Protects Nearly $44 Billion in Tax Loopholes and Subsidies For Oil and Gas Companies While Forcing Seniors To Pay the Same Amount in Additional Costs for their Prescription…
In their efforts to repeal and defund the Affordable Care Act, Republicans continue to make false claims about the impact of the law on federal and state budgets, the economy, and the health care system. They ignore nonpartisan analysis from the Congressional Budget Office (CBO) and other independent experts and instead concoct arguments based on…