Bad budget deal is no deal to be had at all
Politicopublished a column by AFL-CIO President Rich Trumka this week. In his piece, President Trumka slams talk of Congress reaching a so-called 'grand bargain' to cut taxes on the rich and still cut the deficit by eviscerating Social Security, Medicare, Medicaid, and other federal programs that benefit working people, the disabled, and retirees.
"This deal stinks to high heaven," says Trumka, "which is precisely why it is being negotiated behind closed doors."
Americans are about to choose among candidates who are debating whether to cut benefits for Social Security, Medicare and Medicaid and whether the richest Americans should pay their fair share of taxes.
Former Gov. Mitt Romney’s plan to turn Medicare into a voucher program and increase health care costs for seniors is a deciding issue in key battleground states and for key electorates. Another deciding issue is the scandalously low tax rate that people like Romney get away with paying.
Meanwhile, a bipartisan group of senators who are not up for reelection is working behind closed doors in Washington to reach a so-called grand bargain that completely bypasses this debate and ignores the views of voters.
What is the grand bargain? It boils down to lower tax rates for rich people — paid for by benefit cuts for Social Security, Medicare and Medicaid. These are precisely the issues that are being debated so vigorously in the campaign, and voters do not want anything to do with such a deal.
The pundits will tell you that Democrats have no choice but to accept Social Security and Medicare benefit cuts — because this is the only way Republicans will agree to more tax revenue. This is the grand bargain.
We could not disagree more.
Click here to read the full story, 'Americans don't want 'grand bargain'.
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