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Here is the bottom line for the Congressional Progressive Caucus Budget:

• Deficit reduction of $5.6 trillion
• Spending cuts of $1.7 trillion
• Revenue increase of $3.9 trillion
• Public investment $1.7 trillion
All of this without cutting Social Security or Medicare or Medicaid benefits.  

But you will hear nothing of this budget outside of the rarified precincts of liberal blogs, and maybe between 8 and 11 on MSNBC.

On the other hand, we hear about the Ryan Budget non-stop.  Yes, there's some excuse for covering it -- it was passed by the House and endorsed by Romney.  Most of the coverage of it has been fawning and uncritical, with Krugman and a few other lonely voices calling it the Dickensian reactionary budget that it is.  (Of course, our hope is that the Ryan Budget will be a millstone around Romney and the GOP's neck, but the Scarboroughs of the world are doing their best to legitimize it somehow.)

This budget "debate" is a particularly galling example of how non-liberal the media really is.  The debate is defined as:  

Ryan on the Right.
Obama on the "left."
Simpson Bowles in the "middle"
As for the CPC budget .  .  . crickets, radio silence, a vacuum, falling in a forest, below the radar, "not a factor," etc.  A classic example of splitting the difference between the far right and the middle with something "center right."

But the Villagers kneel in awed worship of Simpson-Bowles.  To Thomas Friedman, Simpson-Bowles is as essential an accessory as his moustache and turtle-neck; It's Friedman's Rosetta Stone, Ark of the Covenant, Holy Grail and Ring of Power rolled up into one document. Apparently, he actually believes this:

Republicans will never vote for an “Obama plan.” But had Obama embraced the bipartisan “Simpson-Bowles,” and added his own stimulus, he would have split the G.O.P., attracted gobs of independents and been able to honestly look the country in the eye and say he had a plan to fix what needs fixing.
Friedman undoubtedly heard this from a cab driver on Plan(et) 9 from Outer Space, who has never heard of John Boehner, Eric Cantor, Steve King and Louis Gohmert, and believes that endorsing a plan that cuts social security would attract "gobs of independents."  And the idea that the GOP would accept any Obama Plan just because it has the magical name "Simpson-Bowles" is on the borderline of naivite and insanity.

Given this media blackout, it's up to us to spread the word about the CPC budget.  Over the Ornate Orange Curtain Symbol is a summary of a One-Page Handout about it.  Send it to the next right winger (brother in law or otherwise) who says "At least Ryan has proposed a budget. The Democrats have not proposed anything."  (I see that everywhere now.)

The Progressive Budget:

Eliminates the Deficit and Raises a $31 Billion Surplus In Ten Years.

Protects Social Security, Medicare and Medicaid and responsibly eliminates the deficit by targeting its main drivers: the Bush Tax Cuts, the wars overseas, and the causes and effects of the recent recession.

Trains teachers and restores schools; rebuilds roads and bridges and ensures that users help pay for them.

Invests in job creation, clean energy and broadband infrastructure, housing and R&D programs Our Budget Creates a Fairer Tax System.

Ends the recently passed upper-income tax cuts and lets Bush-era tax cuts expire at the end of 2012.

Extends tax credits for the middle class, families, and students

Creates new tax brackets that range from 45% starting at $1 million to 49% for $1 billion or more.

Enacts a health care public option and negotiates prescription payments with pharmaceutical companies.

Prevents any cuts to Medicare physician payments for a decade Our Budget Safeguards Social Security for the Next 75 Years.

Eliminates the individual Social Security payroll cap to make sure upper income earners pay their fair share

Cuts defense spending by reducing conventional forces, procurement, and costly R&D programs.

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Comment Preferences

  •  Tip Jar (10+ / 0-)

    The GOP: "You can always go to the Emergency Room."

    by Upper West on Wed Apr 11, 2012 at 11:24:39 AM PDT

  •  I've said it again and again (1+ / 0-)
    Recommended by:
    Upper West

    the Budget for All needs a high-profile, very well-known spokesperson/champion.  The plan needs its own version of Paul Ryan who will go on all the Sunday morning talk shows and write columns and stump for this thing non-stop.  And lately I've come to believe it should be someone with credibility among the Villagers as a fiscal conservative.

    After doing some thinking about this, I think the perfect person would be Bill Clinton, the last president to preside over a budget surplus.  Problem is, I don't think he would go along with it because I think his own views are closer to the Obama and Bowles-Simpson proposals.  

    Any ideas for other potential candidates?

    "Better the occasional faults of a Government that lives in the spirit of charity than the consistent omissions of a Government frozen in the ice of its own indifference." - Franklin D. Roosevelt

    by puakev on Wed Apr 11, 2012 at 11:40:21 AM PDT

  •  There was a teabagger... (1+ / 0-)
    Recommended by:
    Upper West

    Who posted here the other day.  He was hyperventilating about deficit.  I told him there is only one budget that balances and that's the CPC budget.  He said he read it and 'didn't agree with the assumptions'.  I said we are at an impasse then - good luck in your believe that austerity will lead to prosperity.  Some people just don't want to face facts.

    'Osama Bin Ladien is still dead and GM is still alive' - Joe Biden

    by RichM on Wed Apr 11, 2012 at 11:58:57 AM PDT

    •  Only way the Ryan budget looks as good as it does (0+ / 0-)

      Is by telling the CBO to take a hike and substitute all his own numbers for spending and revenue.

      Not making this up, see the CBO document itself:

      The amounts of revenues and spending to be used in these calculations for 2012 through 2022 were provided by Chairman Ryan and his staff. The amounts for 2023 through 2050 were calculated by CBO on the basis of growth rates, percentages of gross domestic product (GDP), or other formulas specified by Chairman Ryan and his staff
      Kind of easy to get the CBO to say whatever you want them to if you hide the body in the closet, wear their nametag and hope nobody notices (such as those possessing keen observational skills on the same level as the lamestream media).

      Fake candidates nominated by the GOP for the recalls: 6 out of 7. Fake signatures on the recall petitions: 4 out of 1,860,283.

      by GeoffT on Sun Apr 15, 2012 at 12:53:04 AM PDT

      [ Parent ]

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