CommonDreams.org: on Budget & Economy


Ilhan Omar: Congress should be embarrassed by small COVID relief

The Minnesota Democrat lamented that the $900 billion relief measure congressional leaders are close to finalizing is dramatically smaller than the $2.2 trillion CARES Act approved in March.

"It's really quite shameful that we find ourselves negotiating a deal with such a small amount of money when we know just how devastated the American people are across our country," said Omar, the whip for the Congressional Progressive Caucus (CPC). "We are not embarrassed enough as leaders," said Omar.

Source: Common Dreams blog on MN-5 House race Dec 17, 2020

Robert Reich: Trickle-down economics is bald-faced lie to protect the rich

Reich [explained] why Democrats and Republicans need to cooperate in order to avert the looming sequester: "What Democrats ought to be proposing, and even Republicans ought to be proposing, is to say, 'Let's just repeal the sequester,'" Reich says. "The problem right now is not the budget deficit--the budget deficit is actually shrinking--the problem right now is jobs. The problem right now is the economy and economic growth. Wages. That's what we ought to get back to--the fundamentals."

"Trickle-down economics is just a bald-faced lie," Reich adds. "It means that you're protecting the rich, protecting the powerful. It's what Republicans have been doing for years, and you know, you tell a lie over and over and over again ... and eventually people start to believe it."

Source: CommonDreams.org "Current TV" interview of Reich Feb 28, 2013

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