The budget plan produced by the Senate’s “Gang of Six” offers the promise of huge tax breaks for some of the wealthiest people in the country, while lowering Social Security benefits for retirees and the disabled.
…
In short, this is a plan that should be expected to please the wealthy since it will mean large reductions in their tax liability in the decades ahead. On the other hand, most of the rest of the country is likely to feel the effects of lower Social Security, Medicare and Medicaid benefits, in addition to other cuts that are not yet fully specified.
It is worth reading the rest of the press release, which is fairly short, but detailed.
Yep, that’s our Democratic Party – always looking out for the people who line their campaign coffers.
Doesn’t seem to make a difference whether a politician is a Republican or a Democrat these days.
Paul, thank you for this link. I am completely bewildered by Obama’s “chess” moves. This may present an opening for me to understanding.
You’re welcome, Karen.
Bidness as usual.
Indeed. Given that Obama is funded by Wall Street, it’s hard to imagine it being anything but “bidness as usual”.
Sorry folks, I just did a post on Daily Kos and I give you the link:
http://www.dailykos.com/story/2011/07/21/997017/-Ratmeister-Grover-G-Norquist?via=siderecent
Grover Norquist and his minions: the cancerous three Cs of the “Gang of Six.”
I hope the link works.
The link works. Thank you! I wonder like you do whether the senator’s pledge to Norquist doesn’t contradict their pledge to the Constitution.