“The Republicans have been absolutely determined to make certain that the rich and large corporations not contribute one penny for deficit reduction, and that all of the sacrifice comes from the middle class and working families in terms of cuts in Social Security, Medicare, Medicaid, LIHEAP, community health centers, education, Head Start, nutrition, MILC, affordable housing and many other vitally important programs.
I cannot support legislation like the Reid proposal which balances the budget on the backs of struggling Americans while not requiring one penny of sacrifice from the wealthiest people in our country. That is not only grotesquely immoral, it is bad economic policy.” ~~ from Sen. Bernie Sanders’ website:
(With America’s wealthy as rich as the tycoons of the Gilded Age & not a penny from them to help with the massive U.S deficit? This is a bold-faced hijacking & the caviar-munching bastards are laughing all the way to the bank! This debt ceiling fiasco confirms for me that the U.S has officially (&shamelessly) become a banana republic. Check out Paul Krugman’s piece in the New York Times).