Washington, D.C.–(ENEWSPF)–February 15, 2013. Unless Congress acts, on March 1 automatic and indiscriminate spending cuts will hit key programs, costing our economy more than 1 million jobs and cutting essential services for millions of low- and middle-income families. But a new infographic released yesterday by the Center for American Progress explains how Congress can act to avert these dangerous cuts and protect investments. The infographic, “Tax Loopholes for Corporate Jets or Investments in Jobs and Education?”, illustrates how through a balanced approach to deficit reduction—an approach that eliminates wasteful tax loopholes that only benefit a wealthy few—Congress can protect critical investments that create jobs and lift up the most vulnerable Americans.
