Posts tagged with 'Senate'
Weekly Mulch: The EPA Can Regulate Carbon, For Now
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by Sarah Laskow, Media Consortium blogger
This week, the House voted to shut down the carbon regulation program at the Environmental Protection Agency, but the Senate rejected four different measures that would have stopped or delayed EPA action. The EPA, as mandated by the Supreme Court, has been moving forward with regulations that would require carbon polluters to apply for EPA permits and to use the best available method to start limiting carbon emissions.
The Office of Management and Budget has promised that if Congress does vote to end the regulation program, “senior advisors would recommend that [the president] veto the bill,” as I report at The American Prospect. But as David Roberts points out at Grist, that does not mean President Obama would follow that course. Roberts writes:
I don’t see a promise there. I see wiggle room where his advisers can “recommend” a veto and he can ignore their recommendations. And of course this leaves aside whether Obama would veto a spending or appropriations bill with an EPA-blocking rider.
Making a better choice
The legislators who are supporting the anti-EPA bill often argue that the power to deal with this issue should rest with them, not the executive branch. But they also argue against the EPA’s regulations on the grounds that they’ll cost American companies money, leading to higher costs for consumers and fewer jobs.
It’s true: Dealing with carbon is expensive. Right now, Americans simply aren’t paying for the damage being done to the atmosphere, and many of us don’t seem to care.
In Orion Magazine, Kathryn Miles writes about this problem in a review of Moral Ground: Ethical Action for a Planet in Peril, a new collection of essays on the problem of climate change:
As editors Kathleen Dean Moore and Michael P. Nelson argue in their introduction, neither scientific data nor externally imposed regulation will change hearts and minds — let alone our behavior. “What is missing,” they contend, “is the moral imperative, the conviction that assuring our own comfort at terrible cost to the future is not worthy of us as moral beings.” And so, rather than focus on atmospheric theory and tipping-point statistics, Moral Ground seeks to inspire action through a recognition of our species’ commitment to ethical behavior.
Choices
In some cases, making ethical environmental choices does mean paying more, at least temporarily, for clean energy, for products that create carbon pollution, for gas and oil. But there are also ways to fight climate change while saving money.
Composting, for example, costs nothing and produces something of value. In New York, the Lower East Side Ecology Center collects food scraps, composts them, and sells the finished product at the Union Square Farmer’s Market. As Kara Cusolito writes at Campus Progress, “Composted food scraps—whether from food prep or leftovers — turn back into the rich, fluffy soil that farmers and gardeners need to grow more food.” Farmers, for instance, can stop buying fertilizer if they start composting. Cusolito quotes one farmer who puts the choice in perspective: “Saying plants can’t grow well if they’re not conventionally fertilized is like saying people can’t be as happy if they’re not on drugs.”
The price of solar energy
Clean energy isn’t free of negative consequences, though, and clean energy advocates increasingly are butting heads with environmentalists who want to minimize the impact of new energy sources.
As dependence on natural gas, which counts as clean when compared with coal, grows in this country, worries about the threat of gas drilling to water sources is rising. At Earth Island Journal, Richard Ward of the UN Foundation, which supports natural gas as a clean energy source, and Jennifer Krill, executive director of Earthworks, lay out the cases for and against natural gas. Krill argues:
If the natural gas industry wants to be “clean,” it should embrace policies that mean no pollution of groundwater, drinking water, or surface waters; stringent controls on air pollution, including greenhouse gas emissions; protection for no-go zones, like drinking watersheds and sacred and wild lands; and respect for landowner rights, including the right to say no to drilling on their property.
But Krill notes the gas industry hasn’t show much interest in pursuing those compromises. And out west, some conservationists are objecting to the influx of solar panels on fragile desert lands. One group, Solar Done Right, for instance, “doesn’t disagree that much more solar energy is needed in order to decrease fossil fuel consumption and reduce heat-trapping greenhouse gas emissions, but they do disagree with developing solar facilities the way utilities build massive coal- or gas-fired power plants,” reports David O. Williams for The Colorado Independent. Instead, the group argues that solar energy can thrive in the “built environment,” on rooftops and on sites that are not environmentally vulnerable.
No matter what we do, there will be some costs to getting off of carbon, both for the economy and for the environment. But if the world does not decrease its carbon emissions, the costs will be much higher.
This post features links to the best independent, progressive reporting about the environment by members of The Media Consortium. It is free to reprint. Visit the Mulch for a complete list of articles on environmental issues, or follow us on Twitter. And for the best progressive reporting on critical economy, health care and immigration issues, check out The Audit, The Pulse, and The Diaspora. This is a project of The Media Consortium, a network of leading independent media outlets.
Weekly Diaspora: AZ Lawmakers Try to Ban Undocumented Children from Public School
by Catherine A. Traywick, Media Consortium blogger
Arizona lawmakers are considering two bills that would block undocumented immigrants’ access to education to an even greater degree than current state law.
SB 1611 — sponsored by state Senate President Russell Pearce (R) — bans undocumented students from enrolling in Kindergarten through 12th grade and attending community college. It also requires schools to notify law enforcement agencies if parents are unable to submit proof that their child is a citizen or legal resident. The other bill, SB 1407, requires schools to submit data on the number of enrolled undocumented and authorized immigrants alike, under threat of funding loss.
Given the state legislature’s persistently anti-immigrant stance on public education, these new laws are plainly part of a larger strategy. The state was the first to pass a law prohibiting students from receiving public funding for education, including merit-based scholarships, and last year welcomed two new laws banning ethnic studies and equal opportunity programs. The measures being considered now would work in tandem with those other laws to categorically deprive undocumented students of an education, while subjecting even authorized immigrants to greater scrutiny than before.
Challenging Plyler v. Doe
New America Media’s Valeria Fernandez reports that the proposed measures are an attempt on the part of lawmakers to spur a challenge to the Supreme Court’s 1982 decision in Plyler v. Doe. The landmark ruling determined that children, regardless of citizenship, have a constitutionally guaranteed right to public education.
Anti-immigrant politicos have long taken issue with the decision, arguing that the public education of undocumented immigrants is an undue economic burden to the state. But many educators take the opposing view. As one Phoenix high school principal told New America Media, such hostile measures have already cost him 100 students, which means fewer financial resources for the school as funding is determined by the number of students enrolled. Other critics contend that failing to educate these students “would create an underclass and harm the state’s long-term interests.”
Public education undermined by older, white electorate
But, as Harold Meyerson notes at The American Prospect, the unfortunate fate of Arizona’s immigrant population is compounded by the fact that, while only 42 percent of Arizonans under 18 are white, 83 percent of Arizonans over 65 are white. As he states, the educational opportunities of a rapidly growing population of racially diverse youth are being determined — or undermined — by a class of much older, white Americans.
As racial demographics across the United States are shifting in much the same way as in Arizona, the political power dynamic could change accordingly. But until then, state lawmakers in Arizona are taking drastic measures to ensure that the state’s growing majority of Latinos — and especially immigrants — are deprived of the educational opportunities that would enable them eventually to shift the political status quo.
Labor groups jump into the fray
Perhaps that’s why organizations representing sectors besides education are now getting behind educational equality measures. As Seth Sandronsky reports for Working In These Times, prominent labor organizations including the AFL-CIO and the southern Arizona-based Pima Area Labor Federation (PALF) have recently announced their opposition to Arizona’s ethnic studies ban, and their support of the Tucson Unified School District’s Mexican American Studies program, which is allegedly in violation of the ban.
In an interview with Sandronsky, Rebekah Friend, the secretary-treasurer for the Arizona AFL-CIO, illuminates the links between educational equality, labor rights and civil society:
HB 2281 (the ethnic studies ban) in Arizona is part of a bigger, repressive attempt nationwide to control parts of the population, from women’s health care to workers’ and immigrants’ rights. … It’s a mindset to cleanse out ethnic studies, unions, and all social spending generally that we in unions and others have fought for, like the eight-hour working day, child labor laws and social security, and won.
California and Connecticut to pass their own DREAM ACT?
Meanwhile, as Arizona youth and their allies continue the fight for education, two other states are pushing the envelope on educational equality for undocumented students. Connecticut and California have both considered passing their own versions of the DREAM ACT. While the original DREAM ACT, which died in the Senate last November, would have created a path to legalization for certain undocumented youth who committed to attending college, these new bills are less sweeping, if similarly progressive, in scope.
Melinda Tuhus of the Public News Service reports that Connecticut’s DREAM ACT “would allow undocumented high school graduates to pay in-state tuition at Connecticut’s public colleges, if they graduate after four years of high school.” And in California, the legislature’s Higher Education committee has already moved forward with its own mini DREAM ACT, which “would allow undocumented immigrants who graduate from a California high school to qualify for college scholarships and financial aid,” according to New America Media/La Opinion.
The measure builds on a California Supreme Court ruling last November, which upheld the state’s decision to allow undocumented students to pay in-state tuition at public colleges. Both states’ measures run counter to the growing national trend of denying in-state benefits and public funding to undocumented students — a retrogressive movement that began with the passage of Arizona’s pernicious 2005 law, Prop 300.
This post features links to the best independent, progressive reporting about immigration by members of The Media Consortium. It is free to reprint. Visit the Diaspora for a complete list of articles on immigration issues, or follow us on Twitter. And for the best progressive reporting on critical economy, environment, and health care issues, check out The Audit, The Mulch, and The Pulse. This is a project of The Media Consortium, a network of leading independent media outlets.
Weekly Audit: Massive Protest In Wisconsin Shows Walker’s Overreach
By Lindsay Beyerstein, Media Consortium blogger
About 100,000 people gathered in Madison, Wisconsin to protest Gov. Scott Walker’s new anti-collective bargaining law. The state Senate hurriedly passed the bill without a quorum last Wednesday. Roger Bybee of Working In These Times reports:
The rally featured 50 farmers on tractors roaring around the Capitol to show their support for public workers and union representatives from across the nation, stressing the importance of the Wisconsin struggle. Protesters were addressed by a lineup of fiery speakers including fillmaker Michael Moore, the Texas populist radio broadcaster Jim Hightower, TV host Laura Flanders, the Rev. Jesse Jackson, U.S. Rep. Dennis Kucinich, U.S. Rep. Tammy Baldwin, and The Progressive editor Matt Rothschild, among others.
The bill is law, but the fight is far from over. The Wisconsin Democratic Party says it already has 45% of the signatures it needs to recall 8 Republican state senators. So far, canvassers have collected 56,000 signatures, up from 14,000 last weekend. The surge in signature gathering is another sign that the Walker government’s abrupt push to pass the bill has energized the opposition. (more…)
Weekly Audit: Police Defy Order to Clear Protesters from Wisconsin Capital
By Lindsay Beyerstein, Media Consortium blogger
On Monday afternoon, the Capitol Police in Madison, Wisconsin refused to enforce an order to clear the Capitol building of hundreds of peaceful protesters who have been occupying the site to protest Governor Scott Walker’s plan to eliminate the collective bargaining rights of public employees.
Amy Goodman of Democracy Now! interviews State Rep. Kelda Helen Roys (D), who spent Sunday night in the Capitol building with other protesters. Roys describes what happened at four o’clock on Monday afternoon when the government gave the order to clear the protesters from the building:
And after several hours of the same sorts of scenes that we’ve been seeing all week—singing, chanting, drumming, speechifying—the Capitol police captain, Chief Tubbs, made an announcement, and he said that the protesters that had remained in the building, they were being orderly and responsible and peaceful and there was no reason to eject them from the Capitol.
Police attempted to clear the building of protesters on Sunday night, but they relented when the protesters refused to leave and allowed them to stay another night. On Monday, the police decided not to eject protesters already inside, but no additional activists would be allowed in. The governor plans to deliver his budget address on Tuesday afternoon. Walker is expected to call for spending cuts that could exceed $1 billion dollars.
Gov. Walker has threatened mass public sector layoffs if the Democratic senators do not return from Illinois by March 1. However, the Uptake.com reports that one of the absent legislators, State Sen. Jon Erpenbach, claims Walker is not telling the truth. Erpenbach says the unions have already agreed to come up with the money the governor needs to balance the budget, and therefore, he has no need to lay anyone off to bridge the gap.
Wisconsin 101
Matthew Rothschild of The Progressive describes the epic scale of the Wisconsin protests:
This is the largest sustained rally for the rights of public sector workers that this country has seen in decades — perhaps ever.
The crowds at the state Capitol have swelled from 10,000-65,000 during the first week all the way up to 100,000 on Feb. 26. Hundreds of people occupied the Capitol building with a sit-in and sleep-in for days on end, and total strangers from around the world ordered pizzas for them.
In case you’re still wondering what all of this means, Andy Kroll, Nick Baumann, and Siddhartha Mahanta of Mother Jones have joined forces to bring you this “Wisconsin 101″ primer.
The Republicans in the Wisconsin House passed a bill that would take away collective bargaining rights for public sector unions, restrict their ability to collect dues, and force them to undergo yearly recertification votes. But the bill cannot become law until the state Senate also passes it. Currently, 14 Democratic state senators are hiding out in Illinois to deprive the Republican majority of the quorum they need to vote on the bill. However, as Kroll notes, if only one Democrat breaks faith and returns to Madison, the Republicans will be able to pass the bill.
Nationwide solidarity
Jamilah King of Colorlines.com brings us a photo essay on the solidarity rallies held around the country over the weekend in support of the Wisconsin protesters. From San Francisco to Salt Lake City to Atlanta to New York, people took to the streets in support of the right of workers to organize. Also at Colorlines.com, historian Michael Honey draws parallels between the situation in Wisconsin and Dr. Martin Luther King‘s last crusade. Shortly before his assassination, King stood with the sanitation workers of Memphis to demand collective bargaining rights and the power to collect union dues.
George Warner of Campus Progress profiles some young activists who took to the streets of Washington, D.C. to express their solidarity with the Wisconsin protesters. About 1,500 people came out to a rally in support of the protesters on Saturday.
Anonymous strikes again
In a bizarre twist, a loosely organized coalition of anarchic hackers known as “Anonymous” attacked websites linked to Koch Industries on Sunday, Jessica Pieklo reports for Care2.com. The Koch brothers are among Gov. Walker’s most generous benefactors. The hackers launched a distributed denial of service attack on the website of the Koch-funded conservative group Americans for Prosperity.
In addition to generous campaign contributions, the Koch brothers gave $1 million to the Republican Governors Association, which in turn paid for millions of dollars worth of ads against Walker’s opponent in 2010. Walker is evidently very grateful to Koch. Last week, a writer for a Buffalo-based website got Walker on the phone by pretending to be David Koch.
Don’t look now, but…
Meanwhile, in Indiana, the state assembly reconvened on Monday to find most of the 40 Democratic members had decamped for Illinois. The legislators are apparently taking a page from the Wisconsin playbook. Indiana’s Republican governor is trying to pass legislation that would make permanent a ban on collective bargaining by public sector workers and the Democratic legislators are seeking to deny him the 2/3rds quorum required to vote on the bill.
This post features links to the best independent, progressive reporting about the economy by members of The Media Consortium. It is free to reprint. Visit the Audit for a complete list of articles on economic issues, or follow us on Twitter. And for the best progressive reporting on critical economy, environment, health care and immigration issues, check out The Mulch, The Pulse and The Diaspora. This is a project of The Media Consortium, a network of leading independent media outlets.
Weekly Mulch: With D.C. in GOP Hands, Environmentalists Must ‘Fight Harder’
by Sarah Laskow, Media Consortium Blogger
For the environmental community, this coming year offers a chance to regroup, rethink and regrow. Two years ago, it seemed possible that politicians would make progress on climate change issues—that a Democratic Congress would pass a cap-and-trade bill, that a Democratic president would lead the international community toward agreement on emissions standards. And so for two years environmentalists cultivated plans that ultimately came to naught.
What comes next? What comes now? It’s clear that looking to Washington for environmental leadership is futile. But looking elsewhere might lead to more fertile ground.
Our new leaders
On Wednesday, the 112th Congress began, and Republicans took over the House. They are not going to tackle environmental legislation. This past election launched a host of climate deniers into office, and even members of Congress inclined to more reasonable environmental views, like Rep. Fred Upton, now chair of the House Energy and Commerce committee, have tacked towards the right. Whereas once Upton recognized the need for action on climate change and reducing carbon emissions, recently he has been pushing back against the Environmental Protection Agency’s impending carbon regulations and questioning whether carbon emissions are a problem at all.
“It’s worth remembering that Upton was once considered among the most moderate members of the GOP on the issue,” writes Kate Sheppard at Mother Jones. “No longer.”
Good riddance
The climate bill is really, truly, dead, and it’s not coming back. But as Dave Roberts and Thomas Pitilli illustrate in Grist’s graphic account of the bill’s demise recalls, by the time it reached the Senate, the bill was already riddled with compromises.
And so perhaps it’s not such bad news that there’s space now to rethink how progressives should approach environmental and energy issues.
“It’s refreshing to shake the Etch-a-Sketch. You get to draw a new picture. The energy debate needs a new picture,” policy analyst Jason Grumet said last month, as Grist reports.
Already, in The Washington Monthly, Jeffrey Leonard, the CEO of the Global Environmental Fund, is pitching an idea that played no part in the discussions of the past two years. He writes:
If President Obama wants to set us on a path to a sustainable energy future—and a green one, too—he should propose a very simple solution to the current mess: eliminate all energy subsidies. Yes, eliminate them all—for oil, coal, gas, nuclear, ethanol, even for wind and solar. … Because wind, solar, and other green energy sources get only the tiniest sliver of the overall subsidy pie, they’ll have a competitive advantage in the long term if all subsidies, including the huge ones for fossil fuels, are eliminated.
No impact? No sweat
Federal policies aren’t the only part of the picture that can be re-drawn. Even as Congress failed to act on climate change, an ever-increasing number of Americans decided to make changes to decrease their impact on the environment.
Colin Beavan committed more dramatically than most: his No Impact Man project required that he switch to a zero-waste life style. This year, he partnered with Yes! Magazine for No Impact Week, which asks participants to engage in an 8-day “carbon cleanse,” in which they try out low-impact living. Yes! is publishing the chronicles of participants’ ups and downs with the experiment: Deb Seymour found it empowering to give up her right to shop; Grace Porter missed her bus stop and had to walk two miles to school; Aran Seaman found a local site where he could compost food scraps.
The long view
Perhaps, for some of the participants, No Impact Week will continue on after eight days. After Seaman participated last year, he gave up his car in favor of biking and public transportation.
On the surface, giving up a convenience like that can seem like a sacrifice. But it needn’t be. Janisse Ray writes in Orion Magazine about her decision to give up plane travel for environmental reasons. Instead, she now travels long distances by train, and that comes with its own pleasures:
Through the long night the train rocks down the rails, stopping in Charleston, Rocky Mount, Richmond, and other marvelous southern places. People get on and off. Across the aisle a woman is traveling with two children I learn are her son, aged twelve, and her granddaughter, ten months. In South Carolina we pick up a woman come from burying her father. He had wanted to go home, she says. She drinks periodically from a small bottle of wine buried in the pocket of her black overcoat. The train is not crowded, and I have two seats to myself.
Our true leaders
Ultimately, though, sweeping environmental changes will require leadership and societal changes. American politicians may have abdicated that responsibility for now, but others are still fighting. In In These Times, Robert Hirschfield writes of Subhas Dutta, who’s building a green movement in India.
“The environmental issue is the issue of today. The political parties, all of them, have let us down,” Dutta says. “We want to be part of the decision-making process on the state and national levels. The struggle for the environment has to be fought politically.”
One person who understood that was Judy Bonds, the anti-mountaintop removal mining activist, who died this week of cancer. Grist, Change.org, and Mother Jones all have remembrances; at Change.org, Phil Aroneanu shared “a beautiful elegy to Judy from her friend and colleague Vernon Haltom:”
I can’t count the number of times someone told me they got involved because they heard Judy speak, either at their university, at a rally, or in a documentary. Years ago she envisioned a “thousand hillbilly march” in Washington, DC. In 2010, that dream became a reality as thousands marched on the White House for Appalachia Rising….While we grieve, let’s remember what she said, “Fight harder.”
This post features links to the best independent, progressive reporting about the environment by members of The Media Consortium. It is free to reprint. Visit the Mulch for a complete list of articles on environmental issues, or follow us on Twitter. And for the best progressive reporting on critical economy, health care and immigration issues, check out The Audit, The Pulse, and The Diaspora. This is a project of The Media Consortium, a network of leading independent media outlets.
Weekly Pulse: On Health Care Repeal, House GOP Full of Sound and Fury
By Lindsay Beyerstein, Media Consortium blogger
House Republicans will hold a symbolic vote to overturn health care reform on January 12. The bill, which would repeal the Affordable Care Act (ACA) and set the nation’s health care laws back to the way they were last March, has no chance of becoming law. The GOP controls the House, but Democrats control the Senate. Senate Majority Leader Harry Reid announced that the Senate Democrats will block the bill.
Suzy Khimm of Mother Jones reports that the 2-page House bill carries no price tag. The Congressional Budget Office estimates that the ACA would save $143 billion dollars over the next decade. The GOP repeal bill contains no alternative plan. So, repealing the ACA would be tantamount to adding $143 billion to the deficit. So much for fiscal responsibility.
Why are the Republicans rushing to vote on a doomed bill without even bothering to hold hearings, or formulate a counter-proposal for the Congressional Budget Office to score? Kevin Drum of Mother Jones hazards a guess:
[Speaker John] Boehner [(R-OH)] knows two things: (a) he has to schedule a repeal vote because the tea partiers will go into open revolt if he doesn’t, and (b) it’s a dead letter with nothing more than symbolic value. So he’s scheduling a quick vote with no hearings and no CBO scoring just so he can say he’s done it, after which he can move on to other business he actually cares about. (more…)
Weekly Audit: GOP Plays Chicken with the Debt Ceiling
By Lindsay Beyerstein, Media Consortium blogger
Sen. Jim DeMint (R-SC) is calling for a “big showdown” over the upcoming vote to raise the nation’s debt ceiling to $14.3 trillion from $13.9 trillion. The debt ceiling is simply the maximum amount the government can borrow.
Congress routinely raises the debt ceiling every year. It’s common sense: Since the government has already pledged to increase spending, Congress must authorize additional borrowing. (Remember that the government is now forced to borrow billions of extra dollars to pay for tax cuts for the wealthy, which Republicans insisted on.) If the ceiling isn’t raised, the United States will be forced to default on its debts, with catastrophic consequences.
Why would default be catastrophic? The principle is the same for countries and consumers alike: If you have a good track record of paying your bills, lenders will lend you money at lower interest rates. If you don’t pay your bills on time, or default on your obligations altogether, lenders will demand higher interest rates. (more…)
Weekly Audit: Republicans Poised to Declare War on Welfare State
by Lindsay Beyerstein, Media Consortium blogger
Senate Republicans scuttled a bipartisan $1.2 trillion dollar spending omnibus bill last week. Now, Majority Leader Harry Reid (D-NV) is scrambling to pass a temporary funding bill to keep the federal government’s lights on.
The GOP abruptly pulled the plug on the omnibus, a massive piece of legislation that Republicans and Democrats had collaborated on for months. Why? Because the Republicans want to start over in the next session of Congress when they will control the House and pick up seats in the Senate. They intend to rewrite the spending bill with much less Democratic input. In other words, bipartisanship proves once again to be a racket.
War on the welfare state
At Truthout, economist Dean Baker offers some predictions on what Republicans have in mind for the 112th Congress. The Bush tax cut extensions that passed with great fanfare are supposed to be 2-year extensions. However, Baker asks why we should expect that the GOP will allow the tax cuts to expire? (more…)
Weekly Audit: A Progressive Deficit Fix?
by Lindsay Beyerstein, Media Consortium blogger
The co-chairs of the 18-member deficit commission issued a preliminary presentation two weeks ago that favored tax breaks for the wealthy and left open the possibility of deep cuts to Social Security, Medicare and other social programs. But there’s still time for the commission to radically reshape its message before it issues its final report.
Jan’s plan
That’s exactly what progressive Rep. Jan Schakowsky (D-IL) is trying to bring about. Schakowsky is a member of the commission and she has an alternative, progressive plan to rein in the deficit, as David Moberg reports for Working in These Times:
It would not go into effect until 2015 or after unemployment subsides, and it provides for $200 billion of job-creating investments during the next two years, in addition to reducing the deficit by $441 billion in 2015, nearly double Obama’s target. Slightly more than a third of Schakowsky’s proposed deficit reduction would come from new revenue (mostly tax changes hitting the wealthy and corporations but also from cap-and-trade carbon emission controls), 30 percent from ending or reforming tax expenditures (again, mainly benefiting rich taxpayers), a quarter from defense cuts, and 9 percent from mandatory programs (like offering a public option for health insurance and requiring Medicare to bargain over drug prices). Though Social Security does not contribute to the deficit, Schakowsky plans to secure future payouts without benefit cuts by increasing how much the wealthy pay into the retirement program.
A public option for health insurance would keep rising health care costs in check because insurers would have to compete with non-profit, government-administered insurance. Instead of cutting Social Security benefits for the needy, Schakowsky would simply eliminate the arbitrary payroll tax ceiling on high earners. Sounds like common sense, doesn’t it?
A coalition of progressive groups calling itself Our Fiscal Security unveiled its own alternative proposal for cutting the deficit on Monday, Luke Johnson reports for the Colorado Independent. Key planks of the platform include repealing the Bush tax cuts, reinstating the estate tax for married couples with assets greater than $4 million, and capping itemized deductions at 15%. Coalition members include Demos, the Century Foundation, and the Economic Policy Foundation.
Generation Recession
Young adults have the highest unemployment rate of any demographic. At the National Radio Project, Rina Palta examines the impact of joblessness on the nation’s 80 million “Millennials.” (Audio) Palta talks to young people who are weathering their first layoffs mere weeks or months after landing their first professional jobs.
Mark Kirk: Tax Cuts for the Rich “No Matter What”
The day before 2.5 million Americans stand to lose their unemployment benefits, Sen. Mark Kirk (R-IL) went on TV to insist that unemployment insurance is misguided and that the government must cut taxes for the rich “no matter what,” Julianne Escobedo Shepherd reports in AlterNet.
Oddly enough, Kirk fancies himself a moderate by Republican standards, according to Steve Benen of the Washington Monthly. Kirk believes that extending unemployment insurance would “just add to the deficit.” In fact, as Benen notes, extending unemployment benefits would be a very efficient way to infuse billions of dollars into the economy. Unemployed people will spend their extended benefits on food, gas, rent, and other necessities. That money doesn’t just disappear into the ether, it feeds local businesses, who in turn keep other Americans working.
The Republican Party line is that the rich need tax cuts because they create jobs. If tax cuts for the rich created jobs, we should already have a full employment economy. As the Bush tax cuts are set to expire, taxes for the rich are at all time lows and unemployment is at historic highs. It is crazy to assume that allowing these tax cuts to continue will magically produce jobs that have yet to materialize, or even bring back the jobs that have disappeared since the Bush tax cuts went into effect.
Ireland’s Billion Dollar Bailout
Over the weekend, the world’s financial institutions agreed to spend $90 billion to bail out Ireland. Tim Fernholz of TAPPED worries that this sum is too small to bring Ireland back from the brink of its sovereign debt crisis. He argues that the world financial community is making the same mistake it made in the 1990s when it forced debtor nations into fiscal austerity without forcing creditor nations to restructure their loans on more sustainable terms.
Once again, bondholders are being spared while Irish taxpayers are being expected to shoulder the heaviest burdens. The economic argument for saving the bondholders is that a bond is an ironclad promise, and that if you start expecting bondholders to accept less than 100% of what was promised to them (no matter how ill-advised they were to take that promise), the entire system will fall apart. It’s ironic that the promises that governments make to their citizens are endlessly renegotiable while bond deals are ironclad. Worldwide, citizens outnumber bondholders. Having citizens lose faith in their government seems far more dangerous than expecting bondholders to take a haircut.
This post features links to the best independent, progressive reporting about the economy by members of The Media Consortium. It is free to reprint. Visit the Audit for a complete list of articles on economic issues, or follow us on Twitter. And for the best progressive reporting on critical economy, environment, health care and immigration issues, check out The Mulch, The Pulse and The Diaspora. This is a project of The Media Consortium, a network of leading independent media outlets.
Weekly Audit: Millions of Americans Could Lose Unemployment Benefits
Editor’s Note: Happy Thanksgiving from the Media Consortium! This week, we aren’t stopping The Audit, The Pulse, The Diaspora, or The Mulch, but we are taking a bit of a break. Expect shorter blog posts, and The Diaspora and The Mulch will be posted on Wednesday afternoon, instead of their usual Thursday and Friday postings. We’ll return to our normal schedule next week.
by Lindsay Beyerstein, Media Consortium blogger
According to official statistics, nearly 15 million Americans are unemployed. Between 2 and 4 million of them are expected to exhaust their state unemployment insurance benefits between now and May. Historically, during times of high unemployment, Congress provides extra cash to extend the benefits. Congress has never failed to do so when unemployment is above 7.2%. Today’s unemployment rate is above 9% and the lame duck session of Congress has so far failed to extend the benefits.
Congress has until November 30 to renew two federal programs to extend unemployment benefits, as David Moberg reports for Working In These Times. Last week, a bill to extend benefits for an additional three months failed to garner the two-thirds majority it needed to pass in the House. The House will probably take up the issue again this session, possibly for a one-year extension, but as Moberg notes, it’s unclear how the bill will fare in the Senate. The implications are dire, as Moberg notes:
The result? Not just huge personal and familial hardships that scars the lives of young and old both economically and psychologically for years to come. But failure to renew extended benefits would also slow the recovery, raise unemployment, and deepen the fiscal crises of state and federal governments.
But wait! There’s more:
- The Paycheck Fairness Act died in the Senate last week, as Denise DiStephan reports in The Nation. The bill would have updated the 1963 Equal Pay Act to close loopholes and protect employees against employer retaliation for discussing wages. All Republican senators and Nebraska Democrat Ben Nelson voted not to bring the bill to the floor, killing the legislation for this session of Congress. The House already passed its version of the bill in 2009 and President Barack Obama had pledged to sign it.
- Economist Dean Baker talks with Laura Flanders of GritTV about quantitative easing (a.k.a. the Fed printing more money) and the draft proposal from the co-chairs of the deficit commission. Baker argues that we’re facing an unemployment crisis, not a deficit crisis.
- Charles Ferguson’s documentary “Inside Job” is a must-see, according to Matthew Rothschild of The Progressive. An examination of how Wall Street devastated the U.S. economy, the film details the reckless speculation in housing derivatives, enabled by crooked credit rating schemes, that brought the entire financial system to the brink of collapse. The film is narrated by Brad Pitt and features appearances by former Governor and anti-Wall Street corruption crusader Eliot Spitzer, financier George Soros, and Prof. Nouriel Roubini, the New York University economist who predicted the collapse of the housing bubble.
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