Raising the minimum wage is a better way to cut spending on assistance programs because higher wages cut the need for assistance such as food stamps. Raising the minimum wage increases other wages as well, for example low-paid supervisors of minimum-wage employees.
This Thanksgiving, Congress should set aside dysfunction and the austerity mindset and give the American people a reason to be thankful: a federal spending and revenue plan that takes our best interests to heart.
While we applaud Senator Warren and Paul Krugman for their unequivocal stance not to cut but to expand the benefits of social security, we believe we can be much bolder.
When health care systems are designed with the aim of ensuring the most vulnerable patients receive timely, accessible, high quality care, the result is a better, safer health care experience for every single one of us.
The Budget Control Act, for all its flaws, has managed to deliver something once thought impossible: actual spending cuts. Our military remains second to none, despite those cuts, and might be stronger in the future because of them.
We do have choices to make as a nation about spending and taxing. But as a Catholic, animated by the teachings of Jesus, I cannot for the life of me see how we can target food stamps going to the "least among us" while leaving private equity and hedge fund managers' favored tax rates untouched.
For all the future 'real world simulations' the Army will conduct at its training centers, there's no replacing what these officers' eyes have seen, the orders they've given, and the consequences they've dealt with in Iraq and Afghanistan.
Eric Cantor and Lamar Smith's apparently reasonable claim for fiscal sobriety conceals their skepticism about the value of social science, and it underscores an anti-scholarly agenda that aspires to erode the nation's longstanding commitment to science.
It takes bold leadership for Congress to take the long view. Historically, such leadership has happened when there has been a clear and present danger to the nation.
I am always looking for examples of effective leadership. Shortly after his record setting election as Governor of California in 2010, Jerry Brown sp...
It's easy to blame Republicans and the right-wing billionaires that bankroll them, and their unceasing demonization of "big government" as well as deficits. But Democrats in Washington bear some of the responsibility.
The Treasury today released the data for the fiscal year 2013 budget deficit, which amounted to $680 billion, or 4.1 percent of GDP, down about $400 billion from last year's deficit, which was 6.8 percent of GDP. The 2.7 percentage point drop came from 1.5 ppts higher tax receipts and 1.2 ppts lower outlays (both relative to GDP). That's the largest one year decline in the budget deficit since 1969. The deficit is down 6 percentage points of GDP since 2009 -- the largest four-year decline since 1950. We're engaged in a level of budget austerity that would make a European policy maker proud.
Following an extended government shutdown and the ugly showdown over the federal debt ceiling, both parties need to find bipartisan solutions to critical problems in order to rehabilitate their credibility with the American public.
How is this even a debate? How is it that men and women who served in uniform get smeared as lazy and unmotivated to work, as soon as they need help feeding their families by using food stamps?
If Congress stays on this damaging course of chipping away at the Park Service budget, we will continue to see cutbacks, closures, crumbling infrastructure, and disrepair in these places we love -- the very places that should represent the best we have to offer as a nation.
The economics of the moment is that fiscal responsibility really means less, not more deficit reduction right now. That's easy for me to say, I'm sure. But it's the truth. Just look at the jobs report.