Who knew that progressives actually have a voice? I didn't. The Congressional Progressive Caucus released a budget that I think does everything progressives ever wanted. It raises taxes on the rich, on capital gains, on corporations, and on estates. It cuts military spending and provides infrastructure spending and a public option. And somehow it reduces the deficit more than the Ryan plan. While I am sure most of the policies will never be adopted, its nice to know that somewhere progressives are gathering to voice their opinions in Congress.
Also rather late, for critiques of the Ryan plan: the nerdy technical one by Macroeconomic Advisors and a more English version by Bruce Bartlett.
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