Unlike recent budgets, this one will not include the recommendation to switch to the chained CPI. Past budgets included savings generated by this change, which would lead to slower rising benefits in programs indexed to prices, most notably Social Security.
The discretionary civilian budget -- the part that looks after your and your children's future other than social security, health, and emergency support -- is disappearing. What about America's future scientific and technological leadership? What about America's role in fighting climate change and promoting clean energy through new R&D? Forget about it.
The looming revenue collapse -- the one that will take place automatically at midnight on January 1, 2015 -- will reverse any progress we've made, and will plunge Illinois deeper into its hole.
The deficit hawks' prophecies of near-term doom have not materialized.
I know a better, safer, stronger, more secure world is possible. We do not have to accept this world as it is, we can create the world we want in our own image. Nothing is beyond our ability, I truly believe that. We simply need to find our resolve to do it.
While Illinoisians rang in the New Year with family and friends, a little-noticed new forecast released by the Governor's Office of Management and Budget (GOMB) on the first of the year leaves no room for celebration.
When Congress returns from its holiday vacation in 2014, following an historic unproductive session, waiting for them should be a thunderous voice demanding results, not excuses, from the 23.2 million strong American veteran population.
If the public was angry at the government shutdown and the degree of recklessness displayed by the GOP last time around, their reaction is sure to be even more retributive this time. So go ahead, Mr. Ryan, put your hand in the fire again.
As millions of Americans struggle with inadequate health care, low wages, deteriorating public services and uncertainty about their futures as the wage gap between the wealthy elite and the working poor widens, billions upon billions of taxpayer dollars are pouring into the coffers of the Department of Defense every year.
You've asked a lot of us. You've asked for 12 years of war. You've asked for 5,000 of our lives. You've asked for 50,000 of us to deal with Traumatic Brain Injury. You've asked for 250,000 of us to deal with Post Traumatic Stress Disorder. You've asked for over 2 million of us to deploy.
On the defense budget, over the next two budget years, which the agreement covers, the accord will nearly wipe away the effects of the sequester "decision rule" -- under which across-the-board cuts had to be made.
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.