Weeks ago, House Democratic Leader Nancy Pelosi openly expressed her support for a plan similar to that produced by the Simpson-Bowles deficit commission — a plan that would ultimately cut Social Security, Medicare and Medicaid benefits while protecting the wealthy from taxes. It’s gotten worse. Pelosi now says she also favors keeping the Bush-Obama tax cuts in place for those with incomes up to $1 million. (President Obama has said he supports keeping the tax cuts only for those below $250,000.) The Pelosi proposal would lose billions in revenue and would likely mean additional massive cuts to human needs. Big budgetary decisions are likely to be pushed off until the lame-duck session after November’s election, or the following Congress. But it’s now — as we move into election season — that Democratic leaders need to hear that millions of voters oppose this appeasing of the The federal budget is in a hole because of bloated military spending, wars, tax cuts for the rich, corporate welfare, Wall Street speculation and the consequent economic downturn. None of these problems will be fixed by savaging our retirement and healthcare safety net or other important programs. Nancy Pelosi, leader of the The Democratic Party, the party of the The Republican Party, the party of the Two parties of the No parties of the 9
Nancy Pelosi, Leader of the 1%
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