Money Matters
Posted by Michelle Moquin on April 7th, 2014
Good morning!
I HOPE you all had a fantastic weekend!
I was perusing the net late last night, reading up on the latest…taking it all in. Sometimes I have the toughest time deciding what I want to feature on the blog. Like last night…these thoughts went through my head: Do I want to blog something for Monday Madness or Money Matters? Or perhaps something funny from the weekend? How about a post on animals?…one of my fave topics, that I don’t nearly post as much as I used to.
Many of you may think that I just pick something within a few minutes of reading and then just copy and paste. Yeah, I wish it was that easy. I am not saying that sometimes it can’t be that easy. But most of the time, I am reading and reading and reading some more, wondering what would be the most important, what would have the most impact or be the most inspirational, for my readers. Or Sometimes, not often enough, I just find something funny, and it’s really simple.
Believe it or not, since I am only posting once a day, and there are soo many things that come across my plate, it is rarely an easy decision. And the fact that I have been blogging for almost 7 years doesn’t make it any easier, like I thought it would.
If it sounds a little like I’m bitchin’, really, I’m not, just talkin’ the facts. I’m a one girl show, just sharing a little behind the scenes with y’all. :)
Speaking of behind the scenes…I can’t even remember the last time I posted Obama’s weekly address. It’s been a really long time…maybe a year, maybe more.
So here it is from yesterday:
And if that isn’t enough, Think Progress has detailed it for us:
A Broken Record
The Five Biggest Failures Of The Latest Ryan Budget
Today, for the fourth consecutive year, House Republicans released a budgetspearheaded by Budget Committee Chairman Paul Ryan (R-WI). And for the fourth consecutive year, it is a budget that only works for the wealthiest individuals and special corporate interests at the cost of America’s middle- and working-class families, seniors, and the economy. Budgets, as we said when President Obama put out his in early March, are a reflection of a political party’s priorities and values. We can only say that we wish the latest effort from Ryan and the GOP caucus were an April Fool’s joke. Sadly, it is not.
Here are the five most regrettable pieces of the latest Ryan Budget:
1. Returns To The Same Failed Trickle-Down Tax Policies Of Past Republican Proposals. The Ryan Budget proposes giving generous tax breaks to corporations and the wealthiest among us while in effect raising taxes on middle- and working-class families. It calls for reducing the corporate tax rate from 35 percent to 25 percent, and lowering the highest income tax bracket from 39.6 percent to 25 percent. Meanwhile, as analyses of identical previous tax proposals showed, there is no way to implement these tax cuts in a deficit-neutral way without raising taxes on the middle-class.
2. Leaves Working-Class Families Out In The Cold. As in years past, The GOP Budget contains a number of proposals to radically cut programs that many working people rely on. For one, the budget repeals the Medicaid expansion provision in the Affordable Care Act and slashes $1.5 trillion over ten years from the program thatcovered 67 million people in 2012, including 32 million children. It also cuts $125 billion over ten years from the Supplemental Nutritional Assistance Program (SNAP), also called food stamps. These draconian cuts are just two of many choices made that attack programs which support working-class and struggling families.
3. Makes Wild And Misleading Claims About The ACA.Unsurprisingly, Ryan’s latest budget document calls for the repeal of the Affordable Care Act. But it includes additional language missing from previous budgets that makes some pretty crazy claims about the law. In a possible preview of the GOP’s election-year rhetoric, Ryan warns that the law “will undermine the private insurance” and would “eventually lead to a single-payer system.”
4. Radically Alters Medicare. It’s long been a hallmark of Ryan’s budget proposals to dismantle traditional Medicare and replace it with a voucher system. Premiums for traditional Medicare wouldincrease by 50%, forcing seniors out of Medicare and into the private insurance market. And while last year’s plan allowed those age 55 and older to remain in traditional Medicare once they became eligible, this year’s plan forces 55-year-olds into a new voucher system.
5. Doubles Down On Misguided Austerity Through Investment Cuts. Austerity has failed. Crucial investments have already fallen tohistorically low levels due to sequestration. The latest GOP budget ignores those facts, and offers more enormous cuts to middle-class investments in infrastructure, science, and education.
BOTTOM LINE: The economy is simply not working for most Americans. But instead of trying to build an economy that works for everyone by addressing our many economic challenges head on, the Ryan Budget ignores them and continues to advocate for failed conservative policies that only benefit the wealthiest people and corporations.
*****
Readers: What do you want to say to Paul Ryan? Say it here. Blog me.
Peace out.
Lastly, greed over a great story is surfacing from my “loyal”(?) readers. With all this back and forth about who owns what, that appears on my blog, let me reiterate that all material posted on my blog becomes the sole property of my blog. If you want to reserve any proprietary rights don’t post it to my blog. I will prominently display this caveat on my blog from now on to remind those who may have forgotten this notice.
Gratefully your blog host,
michelle
Aka BABE: We all know what this means by now :)
If you love my blog and my writes, please make a donation via PayPal, credit card, or e-check, please click the “Donate” button below. (Please only donations from those readers within the United States. – International readers please see my “Donate” page)
Or if you would like to send a check via snail mail, please make checks payable to “Michelle Moquin”, and send to:
Michelle Moquin PO Box 29235 San Francisco, Ca. 94129
Thank you for your loyal support!
All content on this site are property of Michelle Moquin © copyright 2008-2012
“Though she be but little, she be fierce.” – William Shakespeare Midsummer Night’s Dream
" Politics, god, Life, News, Music, Family, Personal, Travel, Random, Photography, Religion, Aliens, Art, Entertainment, Food, Books, Thoughts, Media, Culture, Love, Sex, Poetry, Prose, Friends, Technology, Humor, Health, Writing, Events, Movies, Sports, Video, Christianity, Atheist, Blogging, History, Work, Education, Business, Fashion, Barack Obama, People, Internet, Relationships, Faith, Photos, Videos, Hillary Clinton, School, Reviews, God, TV, Philosophy, Fun, Science, Environment, Design, The Page, Rants, Pictures, Church, Blog, Nature, Marketing, Television, Democrats, Parenting, Miscellaneous, Current Events, Film, Spirituality, Obama, Musings, Home, Human Rights, Society, Comedy, Me, Random Thoughts, Research, Government, Election 2008, Baseball, Opinion, Recipes, Children, Iraq, Funny, Women, Economics, America, Misc, Commentary, John McCain, Reflections, All, Celebrities, Inspiration, Lifestyle, Theology, Linux, Kids, Games, World, India, Literature, China, Ramblings, Fitness, Money, Review, War, Articles, Economy, Journal, Quotes, NBA, Crime, Anime, Islam, 2008, Stories, Prayer, Diary, Jesus, Buddha, Muslim, Israel, Europe, Links, Marriage, Fiction, American Idol, Software, Leadership, Pop culture, Rants, Video Games, Republicans, Updates, Political, Football, Healing, Blogs, Shopping, USA, Class, Matrix, Course, Work, Web 2.0, My Life, Psychology, Gay, Happiness, Advertising, Field Hockey, Hip-hop, sex, fucking, ass, Soccer, sox"
April 7th, 2014 at 2:21 pm
Here’s all you need to know about the Ryan budget “Chairman Ryan Gets 62 Percent of His Huge Budget Cuts from Programs for Lower-Income Americans” http://www.cbpp.org/cms/index.cfm?fa=view&id=3723
April 7th, 2014 at 2:24 pm
The Ryan plan in a nut shell. Destroy the poor and middle class. This will eventually ruin the rich corporations that produce consumer goods as they lose customers for their products. Very clever! However, plenty of money for war. How nice!
April 7th, 2014 at 2:26 pm
Who are these leaders of the Tea Party? The same ones that think Palin would be a good pick for 2016?
April 7th, 2014 at 2:28 pm
Ryan is nothing more than a slight ringing in your ears. He reminds me of the adult who sits at the kids’ table at Thanksgiving.
April 7th, 2014 at 2:29 pm
Johnny#3, People with actual common sense. You wouldn’t understand that.
April 7th, 2014 at 2:30 pm
Maybe Paul Ryan has been faking being an establishment sell out. He’s really a tea party conservative constitutionalist but can’t let anyone know until he’s Speaker. If this is true he’s done a masterful job since 2008.
April 7th, 2014 at 2:30 pm
I can hope. There has to be a first time for everything. Finding out that Paul Ryan was actually playing the game to get the Speaker’s job would be like finding out Benedict Arnold was a double agent for us and a hero.
April 8th, 2014 at 2:10 pm
All of those mega church ministers have “moral failings”. Jesus’s teachings would have us help the poor: Mt. 19:20ff. The young man said to Him, “All these commands I have kept; what am I still lacking?”
Jesus said to him, “If you wish to be complete, go and sell your possessions and give to the poor, and you shall have treasure in heaven; and come, follow Me.”
Ministers such as Bob Coy and Joel Osteen and their ilk are only out to pad their bank accounts and live the high life. They do very little to help the poor in our society.
All their money goes to building big churches, to glorify themselves, and they live in ostentatious mansions. (Osteen’s mansion is valued at $10.5 million). They are the snake-oil salesmen of this century.
April 8th, 2014 at 2:12 pm
Christians are some of the most hateful, judgemental people I have ever met in my life. But don’t you know, they “hate” others because God tells them to.
My favorite part is how they will call you and me out for being judgemental and intolerant for talking about these hypocritical preachers and politicians and their sins.
Sorry Christian folks, we all learned the hate and judgement part from YOU.