They’re STILL Saying Taxes And Spending Hurt The Economy

Serious People were saying that budget deficits hurt the economy. Then we increased taxes on the rich so now deficits are wayyyyy down. So Serious People are saying that taxes hurt the economy. Or is it spending on schools and infrastructure that is going to kill the economy. Wait, it’s the new health care law — millions of people getting coverage is going to kill the economy. How come Serious People never complain that cutting schools, infrastructure maintenance, Social Security, scientific research (and other things We the People spend money on to make our lives better) really, actually does hurt the economy?

The Record On Taxes And Economic Growth

Last year the Congressional Research Service (CRS) took a look at the actual record of taxes and economic growth and issued a report, Taxes and the Economy: An Economic Analysis of the Top Tax Rates Since 1945. The report reported,

Throughout the late-1940s and 1950s, the top marginal tax rate was typically above 90%; today it is 35%. Additionally, the top capital gains tax rate was 25% in the 1950s and 1960s, 35% in the 1970s; today it is 15%. The real GDP growth rate averaged 4.2% and real per capita GDP increased annually by 2.4% in the 1950s. In the 2000s, the average real GDP growth rate was 1.7% and real per capita GDP increased annually by less than 1%. There is not conclusive evidence, however, to substantiate a clear relationship between the 65-year steady reduction in the top tax rates and economic growth. Analysis of such data suggests the reduction in the top tax rates have had little association with saving, investment, or productivity growth. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution. The share of income accruing to the top 0.1% of U.S. families increased from 4.2% in 1945 to 12.3% by 2007 before falling to 9.2% due to the 2007-2009 recession. The evidence does not suggest necessarily a relationship between tax policy with regard to the top tax rates and the size of the economic pie, but there may be a relationship to how the economic pie is sliced.

Translation from government to English: The top tax rate used to be over 90% and capital gains taxes used to be much higher. At that time economic growth was much higher. Then they dramatically lowered tax rates for the rich and economic growth went waaaaay down. (However, they can’t say for sure that cutting taxes on the rich caused the huge drop in economic growth.) Also the tax cuts didn’t boost saving, investment or productivity growth. BUT the rate-lowering appears to have caused incomes to concentrate at the top, which has screwed and squeezed the rest of us.

And, by the way, the tax cut did cause massive deficits and we stopped maintaining and modernizing our infrastructure, cut back on education, universtities, scientific research, space exploration, medical research and so many other things that We, the People do to make our lives better.

You might not have heard about this study. Senate Republicans made the CRS withdraw the report.

Here is a chart I made some time ago, for the post, Conservative Tax Tricks – Did Tax Cuts Grow The Economy?

Trend line of growth, with top tax rates:

Top Tax Rate vs GDP

And as long as we’re looking at that post, this was also in there, top tax rates and national debt:

Top Rate vs Debt

Similar Claims, Same Results

Republican claims that taxes hurt the economy go hand-in-hand with similar Republican anti-government claims. The claims usually amount to “government is in the way,” “government hurts the economy,” “government spending is bad,” etc. A Google search of “government is in the way” finds many, many examples, including:

Government the Job Killer – John Stossel. In this one Stossel claims that building infrastructure is bad for the economy. “Building giant government projects is no way to create jobs. When government spends on infrastructure, it takes money away from projects that consumers might think are more important.” He actually claims that building the transcontinental railroad was a bad deal for the country.

A post at Noahpinion has been circulating around the economics blogs, Conservative economic arguments since the crisis: A review. The post looks at a number of Republican economic arguments of late, finding them all to be either mostly or completely … well … rubbish. Examples include “Fannie, Freddie, and possibly the CRA caused the crisis.” and “Welfare is the main force prolonging the recession, by discouraging people from working.”

And of course never forget, “Nothing is more important in the face of a war than cutting taxes.” – Tom DeLay, House Republican leader, 2003.

Why do we listen to these clowns at all? (Because they are backed by the big, big money people who get all the money that come from these Republican schemes.) Why don’t we just create millions of jobs by investing in infrastructure and similar projects? Why don’t we just restore a top tax rate of 90% and a top corporate tax rate of 50%? Why don’t we boost capital gains taxes? Does it have something to do with the influence of money over politics?

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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary

Will House Republicans Govern Or Destroy The Government They Hate?

The parents of the Republican Party are away for the summer and the Tea-nagers are ransacking the House. But is it really a surprise that people who hate government itself would act to destroy government itself?

Shut The Government Vs. Global Meltdown

There are more and more indications that Republicans might either shut down the government or “breach” the debt ceiling when they return to DC from the summer recess. Bill Scher’s Republicans Flinch Again, captures the essence of what this means,

A government shutdown would dent the American economy, inconvenience millions and generally make Republicans look like children. But preventing the government from paying its bills would wreck the full faith and credit of the government and spark a global economic meltdown.

Terrifying Scenario Developing

If you read this morning’s Progressive Breakfast (and you always should), you see a terrifying scenario emerging in DC. The Tea Party is working itself up into a full destruction tantrum, and it is hard to see a way around it. Remember that they left town for the summer after refusing to pass the “THUD” bill. This was the Transportation, Housing and Urban Development bill that tried to line up with the Republican-mandated “Ryan Budget” spending cuts that drastically reduces the things government does to help make We the People’s lives better — also called “government spending.” The cuts were too much for some Republicans to swallow, and not enough for others. So they gave up and went home without doing anything at all. (And of course they never took up a jobs bill at all.)

Now they are getting ready to return, and the early indications are that there will be more of the same. There will be no governing in the House, just more of the same: posturing and destroying,

“Flirting With A Fail”

Politico, Eve of Destruction, “Republicans are in jeopardy of convincing voters they simply cannot govern.”

Republicans are all flirting with a fall that could see influential party voices threatening to default on the debt or shut down the government — and therefore ending all hopes of proving they are not insane when it comes to governance.

The NY Times digs a bit deeper into the problems, in Puzzle Awaits the Capital: How to Solve 3 Fiscal Rifts,

On the endgame for the budget showdown looming in Washington this fall, only this is clear: President Obama thinks Republicans cannot risk another debt crisis or government shutdown, and Republican leaders agree.
[. . .] Speaker John A. Boehner of Ohio has reiterated that Republicans will not raise the debt limit without offsetting spending cuts. … But Mr. Obama, burned by the downgrade of the United States debt rating after those 2011 negotiations, insists he will not negotiate on the issue this time.

The Base

Meanwhile the Republican “base” is demanding a shutdown over Obamacare. Erick Erickson at Redstate today,

Stay focused. Show up and confront your Congressman. Tell him if he votes to fund Obamacare, he cannot really say he is fighting against it.

Heritage Foundation has a campaign to shut the government over Obamacare. They are pushing the idea that a shutdown “won’t hurt” the Republicans (with no mention of, or concern over, the millions of Americans who will be hurt).

So here it comes people. In a short time we find out whether the Republicans are going to close the government they hate or destroy the “full faith and credit” of the United States, which would destroy the government they have along with the economy of the world.
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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary

While Tax-Evading Corporations Paid Only 12.6%, We Cut Schools, Firefighting, Etc.

Republicans insist on cutting and gutting the things government does to make our lives better because, they say, “we’re broke.” Meanwhile a new study by Congress’ Government Accountability Office (GAO) shows that in 2010 the big U.S. companies paid only 12.6% in taxes on their reported worldwide profits. Corporate taxes have gone from 5-6% of GDP down to only a third of that. The corporate share of all taxes paid has gone from 28% to a third of that, too. And these lower taxes have hurt, not helped our economy and country.

Republicans Say “We’re Broke”

Republicans say we have to cut spending on schools, infrastructure, research, cancer clinics, everything government does to make our lives better because “we’re broke.”

[youtube]http://youtu.be/7xdsHP3Qb9U[/youtube]

We aren’t “broke.” We are the richest country in history, but those riches are now being channeled to a very few people instead of shared among We, the People. This video will help you understand where the money went.

[youtube]http://youtu.be/IkCWwpCCisI[/youtube]

We are currently in year one of the “sequester.” Even cancer clinics are forced to close. This follows trillions of dollars of other budget cuts. Our infrastructure if falling apart, bridges are falling down, our ancient power grid can’t keep up with demand, our rail system system is like something in the third world compared to other countries, and at the same time we are experiencing extreme income and wealth inequality as more and more of everything goes only to a top few.

But hey, corporate taxes are low.

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Republicans Moving From Obstruction To Outright Sabotage

During the first years of the Obama administration the Republican strategy was to obstruct efforts to improve the economy and crate more jobs. Then, at election time they went to the public saying, “Obama hasn’t made things better.” But now they are moving into outright sabotage of  things that government does for people, like the new health care law, with election plans to campaign on the failure of government to do things for people.

Public Not Aware Of Health Care Law

Most of the new health care law goes into effect next year, with the “exchanges” beginning at the end of this year. But the public has little, if any, understanding of what is coming and what it means to them.

An April Kaiser Family Foundation Health Tracking poll found that only 40% of the public even knows that the health care law has been upheld by the courts and not repealed by Congress. “Also about half the public says they do not have enough information about the health reform law to understand how it will impact their own family, a share that rises among the uninsured and low-income households.”

And less than 10% report hearing anything good about the new law.

Republicans Threaten Sports Leagues

The government is beginning (really, really late in the game) to try to get information to the public. Among other efforts, the Dept. of Health and Human Services had been talking to sports leagues about ways they can help educate the public. Republicans immediately moved to nip that in the bud.

TPM: GOP Leaders Warn Pro Sports Leagues Not To Promote Obamacare

Senate Republican leaders have sent letters warning six professional sports leagues not to provide the Obama administration any assistance in promoting Obamacare.

The letters, dated June 27, warn the chiefs of the National Football League, Major League Baseball, National Basketball Association, National Hockey League, Professional Golf Association and NASCAR that partnering with the administration to publicize the benefits of the health care law would damage their reputations.

It worked: CNN, NFL has ‘no plans’ to promote Obamacare.

The reason Republicans went after the sports leagues is because in a past public-information effort sports turned out to be a good way to get information out to the public. In 2007 the Boston Red Sox assisted then-Gov Romney in promoting the new Massachusetts health care law. This helped spread public knowledge and understanding of the new law.

But public knowledge and understanding is to Republicans like garlic is to vampires. Increased public knowledge and understanding get in the way of their agenda.

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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary

“Democracy Has Been Stolen And We Have To Take It Back”

“Democracy has been stolen and we have to take it back.” – Senator Merkley (D-OR) at Netroots Nation.

We have to end the filibuster, at the very least for nominations, if not for everything. This has to happen because Republicans are now obstructing everything, and agencies of our government are going to start shutting down over this summer. Without action the National Labor Relations Board (NLRB) closes its doors at the end of August and not long after that the Consumer Financial Protection Bureau (CFPB) will be without a director. These are just some of the nominations being obstructed — filibustered — in order to block these agencies from operating.

It is not right that anyone is able to just keep our government from operating, for any reason. It is time to end the flibuster. Visit Fix the Senate Now.

Also please visit Communications Workers of America (CWA)’s Give Us Five! news page and GIVE US FIVE! campaign.

Reclaiming Our Democracy

The Netroots Nation session, “The Three Keys to Reclaiming Our Democracy” took a look at the filibuster and other structural impediments to democracy. On the panel were CWA President Larry Cohen, NAACP President Ben Jealous, Greenpeace Executive Director Phil Radford, Citizen Action NY Executive Director Karen Scharff and Senator Jeff Merkley. The panel was hosted by Salon’s Joan Walsh

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Why Are Republicans Trying To Cut Us Back Into Recession?

The deficit problem is largely solved. Yet Republicans are still trying to cut us back into recession. Before the election they had an excuse: if they kept the economy down people might vote against Obama. But now? What is their game? Jobs fix deficits, and to fix jobs, fix trade and invest.

Proof In Pudding

We now have (even more) clear evidence of what we already knew for sure: cutting government cuts the economy. Along with every other country that has tried cutting their way to growth (now and in all of history, ever, anywhere), our economy was forced into decline last quarter and that decline was entirely caused by cuts in government.

Bob Borosage yesterday, quoted in the Huffington Post’s Jobs Deficit: Austerity Politics Threaten Obama’s Economy,

As Europe has shown and the IMF has warned, inflicting austerity on a weak economy is ruinous and is likely to drive us back into a recession. Those dismissing the downturn as due to an odd drop in government spending should consider that more of these are on the docket.

And Borosage again in Warning: Austerity Hysteria Endangers Your Job,

The U.S. economy shrank unexpectedly in the last three months of 2012, ending over 30 months of economic growth. Exports lagged, reflecting, in part, declining markets in Europe, now suffering a costly recession inflicted by misguided austerity policies. But the greatest cause of the decline was unexpectedly large cuts in government spending, particularly in the military.

Yes, Virginia, cutting government spending in a weak economy costs jobs.

A three-month downturn is a caution, not a catastrophe. But Washington seems too wrapped in its deficit delusions to pay attention to the flashing yellow lights.

Krugman today, in Looking for Mister Goodpain, points out that everywhere else this has been tried the result is higher unemployment and slower growth. After describing the search of an austerity success story Krugman concludes that we should start fixing unemployment,

So what do we learn from the rather pathetic search for austerity success stories? We learn that the doctrine that has dominated elite economic discourse for the past three years is wrong on all fronts. Not only have we been ruled by fear of nonexistent threats, we’ve been promised rewards that haven’t arrived and never will. It’s time to put the deficit obsession aside and get back to dealing with the real problem — namely, unacceptably high unemployment.

Jobs Fix Deficits

The cutters have had their chance. We all understand that the deficit scare is not about deficits at all, it is really about cutting what they want to cut: the things We, the People do to make our lives better, because they want that money for the 1% who pay for their campaigns.

If you really want to worry about deficits the way to fix deficits is jobs. Invest in our economy and the things that make our lives better, and the growth will come. Because democracy is the best economic policy.

Invest in a modern, 21st-century infrastructure and the economy will grow, and deficits as a percent of that economy will become very small — just like what happened when we did that before. (Unless you think the interstate highway system and airports, etc. didn’t help the economy.)

Look to history, people, not to corporate/billionaire propaganda. Look at what has worked, and do that. Investing grows economies, cutting kills economies.

A Deficit To Worry About: Our Trade Deficit

We do have a deficit to worry about, and that is the trade deficit. More than $1 billion dollars a day is drained out of our economy by the trade deficit.

The same crowd (billionaires and their giant, anti-competitive corporations) that promotes the budget deficit scare is benefitting from the trade deficit.

Since Reagan (coincidence?) we have been buying more than we sell and moving jobs and factories out of the country. This pits American workers against low-paid, exploited workers in countries that do not protect people or the environment. And it gets worse every year.

The result of Republican policies has been millions of people begging for work at any wage, and the middle class forced into ever-increasing debt. Meanwhile all the income and wealth accumulates at the very top. … It almost looks like that is the real Republican plan.

See also:

Me, October: Trade Deficit – One Root Of Many Problems.

Borosage, today: Why a Trade Strategy Should Be a State of the Union Priority

This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF.
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Don’t Feed The Debt Ceiling Trolls

Bloggers have learned some hard lessons about engaging with right-wing nutcases who leave nasty comments: “Don’t feed the trolls.” Starve them of the attention they seek. Ignore them and move on. This advice also applies to the right-wing nutcases threatening to bring down our economy by refusing to raise the debt-ceiling limit. They won’t get any traction on this unless Democrats engage with them. So ignore them, isolate them and scorn them but do not engage with them. Their billionaire & Wall Street funders will stop them and the pubic will see them for what they are, but only if we all just leave them alone. They aren’t really going to hold their breath until we all die.

And if they actually did take down the economy (they won’t), the country will be better off in the long run because it means the end of the radical right as a force in our politics.

So let them hold their breath until the country turns blue.

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Sympathy For The Palin

Since watching HBO’s Game Changer I have sympathy for Sarah Palin. She was in way over her head – not really her fault.
The “old” GOP didn’t understand that today’s GOP could elect someone who really “doesn’t know anything.” So they assumed a Governor would at least read newspapers and not just right-wing blogs, watch FOX and listen to Rush Limbaugh. The new GOP just reads right-wing blogs, watches FOX and listens to Limbaugh.
A Palin, and now the problem of a government that is destroying the country, its infrastructure, its courts, all the things that businesses rely on, this is the GOP/corporate establishment’s fault. This is corporate money and careerist politician/lobbyists, just using “the base” and nurturing this culture, because they use the ignorance.
It’s also the corporate short-term thinking thing. Yeah, it was great to get tax cuts and neglect the infrastructure. Great to get people believing there’s no climate change. Great to pile up cash for yourself but let the country pile up debt.
And now it’s “later.” If you aren’t one of the very few who piled up enough cash to fly your jet off to your private island, you’re fucked along with the rest of us, in a country rules by Sarah Palins.

Republican Budget For Billionaires

The new Republican budget (called the “Ryan Budget” by DC insiders) reflects current electoral reality: billionaires and corporations now finance candidates, and we get government of, by and for billionaires and corporations. The rest of us no longer matter, except as “the help” and, at least to the extent we haven’t been entirely fleeced, a flock to harvest. This budget starts with $10 trillion in tax cuts — mostly for the rich. After adding $10 trillion to the deficits Republicans then claim that severe cuts are necessary to “fight deficits.” Right. Details below.
Keep in mind where we are starting from: The way our economy and tax system is already structured, the top 1% received 93% of income gains from recovery. As Mitt Romney’s tax returns demonstrated, those at the very top — whose income comes as checks generated by the money they already have — already pay much lower tax rates than those of us who work for a living.
Shock Doctrine
“Nothing is more important in the face of a war than cutting taxes. — Republican Majority Leader Tom Delay, 2003″
After passing tax cut after tax cut, and military spending increase after military spending increase, and starting war after war, Republican borrowing has added up. So now Republicans terrify the public, telling them that budget deficits will lead to the destruction of the country — and soon. After a decade of screaming “9/11,” “9/11,” noun verb “9/11,” they now scream “deficit, deficit, deficit.” Then with the public suitably stirred up and terrified they offer “solutions” they say are necessary to cut the scary deficit (that they caused, for this purpose).
Behind a blizzard of fog and mirrors, the new Republican budget completes the ongoing shift of our government and our economy away from “we are in this together” democracy to a “you are on your own” system that is entirely for the benefit of a few at the top.
Cuts Taxes For The 1%
The smoke and mirrors: they claim this budget is necessary to reduce deficits, but it doesn’t even pretend to. Instead it starts by cutting taxes on the rich and their corporations by another $4.6 trillion while making permanent the Bush tax cuts, costing another $5.6 trillion. It gives a $187,000 tax cut To every millionaire!
Cuts Jobs
Ethan Pollack at the Economic Policy Institute describes how Ryan’s budget cuts would cost jobs — 4.1 million of them:

Paul Ryan’s latest budget doesn’t just fail to address job creation, itaggressively slows job growth. Against a current policy baseline, the budget cuts discretionary programs by about $120 billion over the next two years and mandatory programs by $284 billion, sucking demand out of the economy when it most needs it and leading to job loss. Using astandard macroeconomic model that is consistent with that used byprivate- and public-sector forecasters, the shock to aggregate demand from near-term spending cuts would result in roughly 1.3 million jobs lost in 2013 and 2.8 million jobs lost in 2014, or 4.1 million jobs through 2014.*

Cuts Everything Government Does For Regular People
This budget starts with $10 trillion in tax cuts for the wealthy! After handing billionaires and their corporations trillions, increasing deficits by an additional $10 trillion, the Republican budget then cuts the things government does for the rest of us: Medicare, Medicaid, food assistance and public investments (mostly infrastructure and education), and pretends it is necessary because of deficits. (It increases funding for military contractors.)
What is cut? The following is from an analysis by the Office of Democratic Whip Steny H. Hoyer:
A Choice of Two Futures: A Look at How the Republican Budget Ends Medicare, Destroys Jobs, Benefits the Wealthy
Ending the Medicare guarantee and raising health care costs for seniors:

  • Ends the guarantee of health security and shifts higher costs onto seniors and the disabled over time.
  • Increases seniors’ health care costs just like last year’s budget – which drove up costs by over $6,000 per year, according to CBO.
  • Reopens the prescription drug donut hole, increasing seniors’ drug costs by up to $44 billion through 2020, including $2.2 billion in 2012 alone, according to HHS.
  • Increases seniors’ out-of-pocket costs for preventative care and annual checkups by over $110 million in 2012 alone, according to HHS.
  • 54-year-olds would have to save more money just to cover health care costs – an analysis of last year’s budget showed they would have to save an additional $182,000, according to the Center for Economic and Policy Research.

Cutting taxes for the wealthiest Americans at the expense of working families:

  • Provides millionaires an average tax cut of $150,000.
  • Reduces revenue by $4.6 trillion on top of the $5.4 trillion cost of permanently extending all of the Bush tax cuts and other expiring provisions, according to the Tax Policy Center.
  • May force working families to pay higher effective tax rates to cover some of the cost of this $4.6 trillion tax cut for the wealthy by eliminating deductions.

Turning Medicaid into a block grant that jeopardizes access to affordable health and nursing home care for seniors and the disabled:

  • Cuts a total of $1.7 trillion from Medicaid over the next decade, and according to CBO, is on track to cut the program by 75% by 2050. According to the Urban Institute, block granting the Medicaid program could result in between 14 million and 27 million people losing coverage. An additional 17 million people, who gained Medicaid and CHIP coverage through health care reform according to the CBO, would also lose that coverage as a result of repealing the Affordable Care Act.

Making it harder for Americans to receive Social Security benefits:

  • Increases backlogs that delay people from getting benefits that they are due and could leave up to 90,000 people with disabilities waiting for a decision in 2013 and leave 300,000 more people with disabilities waiting for a decision each year over the next decade.

Weakening our ability to out-educate competitors and build a competitive workforce:

  • Reduces Pell Grants by more than $1,000 for 9.6 million students in 2014 and could eliminate Pell Grants for over one million students over the next decade.
  • Kicks 60,000 low-income children out of the Head Start program in 2013 and 200,000 low-income children out of the program each year over the next decade.
  • Cuts Title I funding, which could result in nearly 11,000 teachers and aides losing their jobs in 2013 and nearly 38,000 teachers and aides losing their jobs each year over the next decade.
  • Cuts funding for Individuals with Disabilities Education Act, which could result in 7,800 special education teachers, aides, and other staff serving children with disabilities losing their jobs in 2013, and 27,000 teachers, aides, and staff losing their jobs each year over the next decade.
  • Reduces work-study funding, meaning almost 37,000 students could lose access to college work-study opportunities in 2013, and more than 166,000 students could be affected each year over the next decade.

Slashing assistance to low-income families:

  • Cuts the WIC program (Special Supplemental Nutrition Assistance Program for Women, Infants, and Children), kicking 700,000 pregnant or postpartum women, infants, and children off the WIC program and leaving another 100,000 without access to critical foods necessary for healthy child development in 2013. Each year over the next decade, the cuts would kick 1.8 million women, infants, and children off the WIC program and leave another 100,000 without access to critical foods.
  • Converts SNAP into a block grant beginning in 2016, which could jeopardize access to food assistance for millions of Americans.
  • Cuts HUD’s rental assistance programs, resulting in over 116,000 fewer low-income families housed through the Housing Choice Voucher program in 2013 and 400,000 fewer low-income families housed through the program each year over the next decade.
  • Risks permanent loss of affordable units that serve 1.1 million Americans.

Repealing patient protections and putting insurance companies – not American families – in control of health care:

  • Allows insurers to once again be allowed to discriminate against up to 17 million children with pre-existing conditions.
  • Subjects 105 million Americans once more to arbitrary lifetime caps on their health insurance.
  • Increases 54 million Americans’ out-of-pocket costs for preventative care.
  • Puts up to 15 million Americans who are sick or injured at risk of being dropped from their private insurance because of a simple mistake on an application.
  • Eliminates tax credits for up to four million small businesses, which are already providing more affordable care to two million workers. [Figures provided by HHS and the Treasury Department]

Weakening national security:

  • Cuts COPS hiring grants, which could result in 75 fewer local police hires and 6,200 fewer bullet proof vests for state and local law enforcement personnel in 2013, and 285 fewer local police hires and 23,000 fewer vests each year over the next decade.
  • Cuts Department of Justice (DOJ) funding, resulting in 1,311 fewer federal agents to combat violent crime, pursue financial crimes, secure the border, and ensure national security in 2013, and 4,587 fewer agents each year over the next decade.
  • Cuts DOJ funding resulting in 948 fewer prison guards to maintain safe and secure federal prisons in 2013, and 3,319 fewer prison guards each year over the next decade.
  • Reduces Department of Homeland Security funding for preparedness efforts of state and local governments, which could mean 100 firefighters and 80 emergency managers not being hired or laid off in 2013, and 400 firefighters and 300 emergency managers not being hired or laid off each year over the next decade.

Undermining American competitiveness by cutting investments in science, medical research, space and technology:

  • Cuts funding for biomedical research by NIH, meaning 500 fewer grants NIH could award in a cutting-edge field in 2013 and 1,600 fewer grants each year for the next decade, limiting research that could lead to new cures for diseases.
  • Cuts funding for NSF, which could result in NSF making up to 1,100 fewer competitive research and education grants supporting over 13,000 researchers, students, and teachers in 2013 and 4,000 fewer grants supporting almost 48,000 researchers, students, and teachers each year over the next decade.
  • Cuts NASA funding and puts jobs at risk by forcing the agency to terminate major programs and potentially close major facilities.

Threatening our clean energy future:

  • Cuts investments in the Department of Energy Office of Energy Efficiency and Renewable Energy and its applied research program, known as ARPA-E, that was established specifically to conduct energy research that industry by itself cannot support but where success would provide dramatic benefits for the nation.
  • Eliminates jobs by setting back efforts to put a million electric vehicles on the road, retrofit residential homes, and make commercial buildings more efficient.
  • Fails to boost all energy sources by eliminating tax support for renewable energy generation and the domestic jobs created by those energy projects.
  • Unless otherwise noted, all figures from OMB.

This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF.
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A Political Party In Service To Canadian Oil Companies

Money is certainly changing hands over this one. Digby says Gird yourself — it looks like we’re in for another standoff: She warns that the Republicans are going to hold the government hostage to try to get the Keystone pipeline approved.
Think about what this means. A national political party threatens to hold the entire government hostage, so that Canadian oil companies can more easily sell oil to China. Think about the money that is changing hands. Think about the corruption involved in something like this.

A Quick Note About That Pipeline

WHY all the pressure from the Republicans for building a “tar sands” pipeline across the entire country?
They say we need the oil. But we’re talking about CANADA, for pete’s sake! The oil is on our border and is already piped TO us.
This pipeline across the country is so they can ship the oil FROM us, to sell to China.
This is about Republicans pushing for big profits for Canadian oil companies, for shipping oil to China, in exchange for a cut of the take for themselves.