On Tuesday, December 13th, the Congressional Progressive Caucus unveiled the RESTORE the American Dream for the 99% Act. The bill, if passed, would create more than 5 million jobs and save more than $2 trillion. This is a comprehensive plan to put America back to work by reversing the failed policies of the past, which the “Super Committee” could not achieve.
Despite what critics say, the DoE’s guaranteed loan program is a successful program and government investment to further develop clean energy is the right thing to do.
Occupy Wall Street has, in the words of John Paul Rollert, “come to embody a common sense that something is wrong with American capitalism.” The problem Rollert points to is not with capitalism itself, but with a particular American version that has ceased to work for broad cross-sections of its population. Given America’s Depression-level income inequality and near-record levels of public and private indebtedness, it is extremely tempting to focus on bad outcomes as the problem.
Occupy Wall Street has already accomplished a great deal by shifting public discourse in this country. Instead of focusing on the need for austerity and deficit reduction, attention is rightly being directed at economic disparities and the deep structural problems that the United States faces.
Today, the U.S. House Committee on the Judiciary passed, on a party-line vote, one of the most sweeping attacks in decades on government protections.
The Rules from the Executive in Need of Scrutiny (REINS) bill would require that any major regulatory rule issued by a federal agency be affirmed by a majority vote in both the House and Senate. The vote would have to take place within 70 days.
A two-hour “teach-in” Monday afternoon prompted by the Wall Street protest produced an array of ideas from economists and their students about how to counter big-monied interests and nurture a more egalitarian society that values genuine wellbeing over raw growth.
The forum, organized by the Gund Institute of Ecological Economics at the University of Vermont, drew more than 200 people to the Ira Allen Chapel and offered a mix of rousing rhetoric and lower-key policy-speak.
Here's one more reason to be puzzled by the GOP's animus toward green jobs: It turns out that the clean economy is disproportionately fueling economic growth and opportunity in states that tend to send Republicans to Congress -- states that are also struggli
One grievance of the protesters targeting Wall Street is that financial elites wield way too much power in our democracy. That complaint is hardly new, but the latest figures on money in politics tells a truly troubling story about the vast resources that Wall Street has put into shaping both the legislative process and elections.
Last month, the White House introduced a program that would effectively overhaul the tax code and, as Robert Kuttner put it, "locked [Obama] in as a defender of social insurance and working Americans." The five-pronged tax plan would cut rates and inefficient and unfair tax breaks, increase investment and growth in the United States, reduce the deficit by $1.5 trillion over 10 years and -- most contentiously -- institute the "Buffett rule."
ALBANY — Cleanup of hard-hit areas in New York from Tropical Storm Irene is expected to take months because roads and bridges have to be rebuilt, farms restored and infrastructure reconstructed.
While experts say the flooding was impossible to prevent, the storm that ravaged upstate wasn't initially expected because most of the original focus was on New York City and its suburbs, which ultimately didn't get hit as badly as rural areas.
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The United States Court of Appeals for the First Circuit issued a pair of decisions affirming campaign finance disclosure provisions in Maine and Rhode Island. I let out a sigh of relief when I read them.
Boston, MA - Yesterday, the United States Court of Appeals for the First Circuit -- covering Maine, New Hampshire, Massachusetts, and Rhode Island -- issued a decision upholding Maine's campaign finance disclosure provisions, which had been challenged by the anti-gay marriage National Organization for Marriage. In response, Lisa Danetz, Demos Senior Counsel, issued the following statement:
A commission appointed by the Massachusetts legislature is considering the creating a state Partnership Bank to boost the local economy by increasing community development lending.
With 25 million people still unable to find full-time jobs and unemployment insurance close to running out, it's shameful that Republicans in Congress waged ideological warfare over what is typically a pro forma exercise of the Congress.
Why a Massachusetts Partnership Bank will generate new revenue for Massachusetts, save local governments money, and make our small businesses, farms and consumers less vulnerable to cutbacks in lending in our state.
New York – Today’s narrow 5-4 decision in McComish v. Bennett continues the Roberts Court’s retreat on fairness in elections, striking down trigger provisions that allowed publicly financed candidates in Arizona to receive additional funds for their campaigns when their spending was outstripped by their privately financed opponents.