"This aide [to Senator Patty Murray (D., Boeing)] thanked me and said this is the first actual proposal we've gotten. We will read it."--Crystal
Please SIGN THE PETITION in support of the "99%'s Deficit Proposal" and plan direct actions to tell the Super Committee that the 99% have better solutions to our nation's crises. You can plan your own action at your Congressmember's office or join us in Freedom Plaza in Washington, DC for marches to Capitol Hill. Check our calendar for announcements.
After asking the Congressional Super Committee to consider taxing the rich or cutting the military (and being arrested for that offense), the Occupy movement held our own 99% Super Committee Hearing on November 9, 2011, with top experts, producing solutions based on evidence and popular demand.
The resulting report, "The 99%'s Deficit Proposal: How to Create Jobs, Reduce the Wealth Divide and Control Spending," has been provided to the 12 members of the Congressional Super Committee. An aide to a co-chair of the committee called it "the first actual proposal" they'd received and promised to read it. Keith Olbermann has asked why we can talk about real solutions while the Congressional committee can't.
While Democratic and Republican members of that committee propose deep cuts to Medicare, Medicaid, and Social Security without serious taxation of the wealthy or corporations, and without serious reduction in military spending, the 99% Proposal would protect essential social programs, raise taxes on the rich, and invest immediately in creating jobs.
Please SIGN THE PETITION in support of the "99%'s Deficit Proposal.".
This is a comprehensive and evidence-based report that:
- Raises $600 billion in annual revenues thereby achieving the deficit reduction goals in two years; shrinks the wealth divide by taxing wealth more and labor less; restores a progressive tax system; taxes speculation by investors; and taxes wealth held overseas.
- Cuts hundreds of billions in annual spending through reducing the bloated military budget and ending the wars, stopping corporate welfare and negotiating better pharmaceutical drug prices.
- Creates millions of jobs by solving the housing crisis; creates public sector jobs for much-needed work on infrastructure, transit, education and other areas; creates health care jobs as part of improving Medicare and expanding it to cover everyone in the United States; invests in the more efficient civilian economy rather than the expensive military economy; and stimulates the economy by erasing student loan debt.
- Saves and strengthens the safety net by restoring the amount of income covered by Social Security to 90% of all income as was always intended; ends poverty retirement by expanding Social Security; reduces spending on health care by expanding Medicare to cover everyone in the United States.
- Presents steps to creating a democratized economy, the already developing new economy that will replace the failed finance, corporate capitalism.
Please SIGN THE PETITION in support of the "99%'s Deficit Proposal."
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