Washington, DC–(ENEWSPF)–November 9, 2011. Yesterday Republicans on the so-called “Super Committee” proposed lowering tax rates for the richest Americans while cutting hundreds of billions of dollars in Social Security and Medicare benefits that middle class Americans depend on. This is Robin Hood in reverse: class warfare against the American middle class on behalf of the top 1 percent.
You can’t use budget deficits as an excuse to cut middle class benefits one minute, and the next minute propose making the deficit worse by lowering tax rates for rich people. After all, Bush tax cuts are the number one reason why projected deficits are so high over the next 10 years. If we want to bring down the federal deficit, we have to start by letting the Bush tax cuts for the wealthy expire on schedule. Haven’t Republicans noticed that Americans from every walk of life are fed up with this constant catering to the demands of the 1 percent? This is the same kind of tone-deaf overreaching on behalf of the 1 percent that voters in Ohio overwhelmingly rejected yesterday. Democrats on the Super Committee should firmly come out against this proposal and stand with the 99 percent of Americans who are demanding change.
Source: aflcio.org
