by Pamela Powers Hannley This protest sign thanks Republicans for the poverty, but can we also thank most members of the Congressional Progressive Caucus (CPC)? According to a recent article in Common Dreams, three quarters of the CPC (54 members) have not signed a letter which pledges: “we will vote against any and every cut … Read more
Now that the 2012 elections are over, the US Congress must face the "fiscal cliff".
What is the fiscal cliff? The fiscal cliff is a collection of financial provisions– including the infamous Bush tax cuts and the mandated "sequestration" cuts (brought about because the Super Committee couldn't reach a compromise)– that either expire–or take effect– between now and December 31, 2012.
The Congressional Progressive Caucus has proposed the Deal for All to mitigate the impact of fiscal cliff decisions on the middle class and the poor.
After the jump, watch a video of a hearing on the Deal for All and read an explanation of their ideas.