10 things you should know about Obama's plan (but probably don't)
The plan:
1. Makes a $634 billion down payment on fixing health care that will go a long way toward paying for a more efficient, more affordable health care system that covers every single American.
2. Reduces taxes for 95% of working Americans. And if your family makes less than $250,000, your taxes won't go up one dime.
3. Invests more than $100 billion in clean energy technology, creating millions of green jobs that can never be outsourced.
4. Brings our troops home from Iraq on a firm timetable, finally bringing the war to a close—and freeing up almost ten billion dollars a month for domestic priorities.
5. Reverses growing income inequality. The plan lets the Bush tax cuts for the wealthiest Americans expire and focuses on strengthening the middle class.
6. Closes multi-billion-dollar tax loopholes for big oil companies.
7. Increases grants to help families pay for college—the largest increase ever.
8. Halves the deficit by 2013. President Obama inherited a legacy of huge deficits and an economy in shambles, but his plan brings the deficit under control as soon as the economy begins to recover.
9. Dramatically increases funding for the SEC and the CFTC—the agencies that police Wall Street.
10. Tells it straight. For years, budgets have used accounting tricks to hide the real costs of the wars in Iraq and Afghanistan, the Bush tax cuts, and too many other programs. Obama's budget gets rid of the smokescreens and lays out what America's priorities are, what they cost, and how we're going to pay for them.
1. Makes a $634 billion down payment on fixing health care that will go a long way toward paying for a more efficient, more affordable health care system that covers every single American.
2. Reduces taxes for 95% of working Americans. And if your family makes less than $250,000, your taxes won't go up one dime.
3. Invests more than $100 billion in clean energy technology, creating millions of green jobs that can never be outsourced.
4. Brings our troops home from Iraq on a firm timetable, finally bringing the war to a close—and freeing up almost ten billion dollars a month for domestic priorities.
5. Reverses growing income inequality. The plan lets the Bush tax cuts for the wealthiest Americans expire and focuses on strengthening the middle class.
6. Closes multi-billion-dollar tax loopholes for big oil companies.
7. Increases grants to help families pay for college—the largest increase ever.
8. Halves the deficit by 2013. President Obama inherited a legacy of huge deficits and an economy in shambles, but his plan brings the deficit under control as soon as the economy begins to recover.
9. Dramatically increases funding for the SEC and the CFTC—the agencies that police Wall Street.
10. Tells it straight. For years, budgets have used accounting tricks to hide the real costs of the wars in Iraq and Afghanistan, the Bush tax cuts, and too many other programs. Obama's budget gets rid of the smokescreens and lays out what America's priorities are, what they cost, and how we're going to pay for them.
This is the change we voted for. President Obama has done his part, now we need to do ours.
Can you pass this on to your personal network and then click here to let us know how many people you told, so we can track our impact together:
http://pol.moveon.org/budget10/?id=15687-8056669-KUGPgXx&t=1
Thanks for all you do.
–Daniel, Tanya, Peter, Justin and the rest of the team
P.S. Turns out there are way more than 10 amazing things in Obama's budget and we couldn't resist sharing just a few more.
Can you pass this on to your personal network and then click here to let us know how many people you told, so we can track our impact together:
http://pol.moveon.org/budget10/?id=15687-8056669-KUGPgXx&t=1
Thanks for all you do.
–Daniel, Tanya, Peter, Justin and the rest of the team
P.S. Turns out there are way more than 10 amazing things in Obama's budget and we couldn't resist sharing just a few more.
1. Stops unnecessary government subsidies to big banks, health insurance companies and big agribusinesses.
2. Expands access to early childhood education and improves schools by investing in programs that make sure every child has a qualified, strong teacher.
2. Expands access to early childhood education and improves schools by investing in programs that make sure every child has a qualified, strong teacher.
3. Negotiates for better prescription drug prices using Medicaid's tremendous bargaining power.
4. Expands access to family planning for low-income women.18
5. Caps the pollution that causes global warming, and makes polluters pay to support clean energy innovation.
5. Caps the pollution that causes global warming, and makes polluters pay to support clean energy innovation.
Sources:
1. "Climate of Change," The New York Times, February 27, 2009 http://www.nytimes.com/2009/02/27/opinion/27krugman.html?em
2. "Obama Calls His Budget Sweeping, Needed Change," The New York Times, February 28, 2009 http://www.moveon.org/r?r=51201&id=15687-8056669-KUGPgXx&t=2
3. "Obama Offers Broad Plan to Revamp Health Care," The New York Times, February 26, 2009 http://www.moveon.org/r?r=51202&id=15687-8056669-KUGPgXx&t=3
4. "Obama Expects Fight Over $3.55 Trillion Budget Plan," Bloomberg News, February 28, 2009 http://www.moveon.org/r?r=51203&id=15687-8056669-KUGPgXx&t=4
5. "Energy Budget Is Sunlight After Eight Years of Darkness," Center for American Progress, February 26, 2009 http://www.moveon.org/r?r=51204&id=15687-8056669-KUGPgXx&t=5
6. "The Economic Cost of War in Iraq and Afghanistan," The New York Times, March 1, 2009 http://www.nytimes.com/2009/03/01/weekinreview/01glanz.html
7. "Tax Cuts," The New York Times, February 26, 2009 http://www.nytimes.com/2009/02/27/washington/27web-tax.html
8. "Energy Budget Is Sunlight After Eight Years of Darkness," Center for American Progress, February 26, 2009 http://www.moveon.org/r?r=51204&id=15687-8056669-KUGPgXx&t=6
9. "Student Loans," The New York Times, February 26, 2009 http://www.nytimes.com/2009/02/27/washington/27web-edu.html
10. "Obama unveils budget blueprint," CNN, February 26, 2009 http://www.cnn.com/2009/POLITICS/02/26/budget/
11. "Obama budget would boost SEC, CFTC, FBI," Reuters, February 26, 2009 http://www.moveon.org/r?r=51205&id=15687-8056669-KUGPgXx&t=7
12. "Obama's budget," Los Angeles Times, February 27, 2009 http://www.moveon.org/r?r=51206&id=15687-8056669-KUGPgXx&t=8
13. "Student Loans," The New York Times, February 26, 2009 http://www.nytimes.com/2009/02/27/washington/27web-edu.html
14. "Health Insurance Stocks Dive on Medicare Advantage Cuts," The Wall Street Journal, February 26, 2009 http://www.moveon.org/r?r=51207&id=15687-8056669-KUGPgXx&t=9
15. "Agriculture," The New York Times, February 26, 2009 http://www.nytimes.com/2009/02/27/washington/27web-agri.html
16. "Investing Wisely in Our Children," Center for American Progress, February 26, 2009 http://www.moveon.org/r?r=51208&id=15687-8056669-KUGPgXx&t=10
17. "Obama Offers Broad Plan to Revamp Health Care," The New York Times, February 26, 2009 http://www.moveon.org/r?r=51202&id=15687-8056669-KUGPgXx&t=11
18. "Obama Offers Broad Plan to Revamp Health Care," The New York Times, February 26, 2009 http://www.moveon.org/r?r=51202&id=15687-8056669-KUGPgXx&t=12
19. "Setting 'Green' Goals," The New York Times, February 26, 2009 http://www.moveon.org/r?r=51209&id=15687-8056669-KUGPgXx&t=13
1. "Climate of Change," The New York Times, February 27, 2009 http://www.nytimes.com/2009/02/27/opinion/27krugman.html?em
2. "Obama Calls His Budget Sweeping, Needed Change," The New York Times, February 28, 2009 http://www.moveon.org/r?r=51201&id=15687-8056669-KUGPgXx&t=2
3. "Obama Offers Broad Plan to Revamp Health Care," The New York Times, February 26, 2009 http://www.moveon.org/r?r=51202&id=15687-8056669-KUGPgXx&t=3
4. "Obama Expects Fight Over $3.55 Trillion Budget Plan," Bloomberg News, February 28, 2009 http://www.moveon.org/r?r=51203&id=15687-8056669-KUGPgXx&t=4
5. "Energy Budget Is Sunlight After Eight Years of Darkness," Center for American Progress, February 26, 2009 http://www.moveon.org/r?r=51204&id=15687-8056669-KUGPgXx&t=5
6. "The Economic Cost of War in Iraq and Afghanistan," The New York Times, March 1, 2009 http://www.nytimes.com/2009/03/01/weekinreview/01glanz.html
7. "Tax Cuts," The New York Times, February 26, 2009 http://www.nytimes.com/2009/02/27/washington/27web-tax.html
8. "Energy Budget Is Sunlight After Eight Years of Darkness," Center for American Progress, February 26, 2009 http://www.moveon.org/r?r=51204&id=15687-8056669-KUGPgXx&t=6
9. "Student Loans," The New York Times, February 26, 2009 http://www.nytimes.com/2009/02/27/washington/27web-edu.html
10. "Obama unveils budget blueprint," CNN, February 26, 2009 http://www.cnn.com/2009/POLITICS/02/26/budget/
11. "Obama budget would boost SEC, CFTC, FBI," Reuters, February 26, 2009 http://www.moveon.org/r?r=51205&id=15687-8056669-KUGPgXx&t=7
12. "Obama's budget," Los Angeles Times, February 27, 2009 http://www.moveon.org/r?r=51206&id=15687-8056669-KUGPgXx&t=8
13. "Student Loans," The New York Times, February 26, 2009 http://www.nytimes.com/2009/02/27/washington/27web-edu.html
14. "Health Insurance Stocks Dive on Medicare Advantage Cuts," The Wall Street Journal, February 26, 2009 http://www.moveon.org/r?r=51207&id=15687-8056669-KUGPgXx&t=9
15. "Agriculture," The New York Times, February 26, 2009 http://www.nytimes.com/2009/02/27/washington/27web-agri.html
16. "Investing Wisely in Our Children," Center for American Progress, February 26, 2009 http://www.moveon.org/r?r=51208&id=15687-8056669-KUGPgXx&t=10
17. "Obama Offers Broad Plan to Revamp Health Care," The New York Times, February 26, 2009 http://www.moveon.org/r?r=51202&id=15687-8056669-KUGPgXx&t=11
18. "Obama Offers Broad Plan to Revamp Health Care," The New York Times, February 26, 2009 http://www.moveon.org/r?r=51202&id=15687-8056669-KUGPgXx&t=12
19. "Setting 'Green' Goals," The New York Times, February 26, 2009 http://www.moveon.org/r?r=51209&id=15687-8056669-KUGPgXx&t=13
6 comments:
John Kennedy once said to a assembled group of scholars in the White House, "I think this is the most extraordinary
collection of talent, of human knowledge, that has ever been gathered at the White House - with the possible exception of when Thomas Jefferson dined alone."
The quotes below could prove his point:
0A
When we get piled upon one another in large cities, as in Europe, we shall become as corrupt as Europe.
Thomas Jefferson
The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.
Thomas Jefferson
It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.
Thomas Jefferson
I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.
Thomas Jefferson
My reading of history convinces me that most bad government results from too much government.&nbs p;
Thomas Jefferson
No free man shall ever be debarred the use of arms.
Thomas Jefferson
The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.
Thomas Jefferson
The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.
Thomas Jefferson
Very Interesting Quote:
In light of the present financial crisis, it's interesting to read what
Thomas Jefferson said in 1802:
"Banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.
Doesn't this sound eerily familiar to what is happening in America today?
If you don't mind in response to your recent information about the stimulus, and other posts fromt he past, I am posting an article by Pat Buchanan discussing the state of this stimulus and what it means to you and me. I know that he is not your favorite but since you and others have open minds and can look at things from both sides, I thought you would find it interesting to see how others see this stimulus.
On The Road To Socialism? We've Arrived!
By PATRICK J. BUCHANAN | Posted Tuesday, March 03, 2009 4:20 PM PT
In his campaign and inaugural address, Barack Obama cast himself as a moderate man seeking common ground with conservatives.
Yet his budget calls for the radical restructuring of the U.S. economy, a sweeping redistribution of power and wealth to government and Democratic constituencies. It is a declaration of war on the right.
The real Obama has stood up and lived up to his ranking as the most left-wing member of the Senate.
Barack has no mandate for this. He was even behind John McCain when the decisive event that gave him the presidency occurred — the September collapse of Lehman Bros. and the market crash.
Republicans are under no obligation to render bipartisan support to this statist coup d'etat. For what is going down is a leftist power grab that is anathema to their principles and philosophy.
Where the U.S. government usually consumes 21% of gross domestic product, this Obama budget spends 28% in 2009 and runs a deficit of $1.75 trillion, or 12.7% of GDP. That is four times the largest deficit of George W. Bush and twice as large a share of the economy as any deficit run since World War II.
Add that 28% of GDP spent by the U.S. government to the 12% spent by states, counties and cities, and government will consume 40% of the economy in 2009.
We are not "headed down the road to socialism." We are there.
Since the budget was released, word has come that the U.S. economy did not shrink by 3.8% in the fourth quarter, but 6.2%. All the assumptions in Obama's budget about growth in 2009 and 2010 need to be revised downward, and the deficits revised upward. Look for the deficit for 2009 to cross $2 trillion.
Who abroad is going to lend us the trillions to finance our deficits without demanding higher interest rates on the U.S. bonds they are being asked to hold? And if we must revert to the printing press to create the money, what happens to the dollar?
As Americans save only a pittance and have lost — in the value of homes, stocks, bonds and other assets — $15 trillion to $20 trillion since 2007, how can the people provide the feds with the needed money?
In his speech to Congress, Obama promised new investments in energy, education and health care. Every kid is going to get a college degree. We're going to find a cure for cancer.
Who is going to pay for all this? The top 2%, the filthy rich who got all those Bush tax breaks, say Democrats. But the top 5% of income earners already pay 60% of income taxes, while the bottom 40% pay nothing.
Those paying a federal tax rate of 35% will see it rise to near 40% and will lose a fifth of the value of their deductions for taxes, mortgage interest and charitable contributions.
Two-thirds of small businesses are taxed at the same rate as individuals. Consider what this means to the owner of a restaurant and bar in Los Angeles open from noon to midnight, where a husband and wife each put in 80 hours a week.
At year's end, the couple find they have actually made a profit of $500,000 that they can take home in salary. What is the Obama-Schwarzenegger tax take on that salary? Their U.S. tax rate will have hit 39.6%. Their California income tax will have hit 9.55%.
Medicare payroll taxes on the proprietor as both employer and salaried employee will be $14,500. Social Security payroll taxes for the proprietor as both employer and employee will be $13,243.
In short, U.S. and state income and payroll taxes will consume half of all the pair earned for some 8,000 hours of work.
From that ravaged salary they must pay a state sales tax of 8.25%, gas taxes for the 50-mile commute, and tens of thousands in property taxes on both their restaurant and home.
And, after being pilloried by politicians for having feasted in the Bush era, they are now told the tax deduction they get for contributing to the church is to be cut 20%, while millions of Obama voters, who paid no U.S. income tax at all, will be getting a tax cut — i.e., a fat little check — in April.
Any wonder native-born Californians are fleeing the Golden Land?
Markets are not infallible. But the stock market has long been a "lead indicator" of where the economy will be six months from now. What are the markets, the collective decisions of millions of investors, saying?
Having fallen every month since Obama's election, with January and February the worst two months in history, they are telling us the stimulus package will not work, that Tim Geithner is clueless about how to save the banks, that the Obama budget portends disaster for the republic.
The president says he is gearing up for a fight on his budget.
Good. Let's give him one.
Hey! Since basketball is over we need to get together and all do dinner or something!
You have proven your brilliance in a world of small thinkers who use scare labels, such as "socialism" to scare people to fear for their rights. We are actually getting rights back - right to privacy, right to fair trials. We are no longer as a middle class required to support (in true socialist fashion) big businesses and the rich. Did you know that there has not been such a big gap between the rich and the middle class and poor since the depression in 1933? Government is supposed to protect its people, not the corporations of its friends. We are moving from a Facist regime to restoring liberty and giving the country back to the people who have been supporting the greed of the rich.
Great site! Refreshing. Wonderful family!
Ok girly, it is time for a blog update!! LOL
I must be paying Robs mortgage. Open mindedness must be absent from his thought process. I don't see how making me and my children paying for people to have welfare is liberty. It would be fine if I were choosing it for myself which I do through many other means but any government that chooses what is best to do with what isn't theirs isn't liberty. Its tyranny.
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