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Feingold To Press Dems To Abandon Any Unbalanced Super Committee Deal [View All]

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highplainsdem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-11 11:45 AM
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Feingold To Press Dems To Abandon Any Unbalanced Super Committee Deal
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Source: Talking Points Memo

Former Sen. Russ Feingold and his new group Progressives United are petitioning the six House and Senate Democrats serving on the joint deficit Super Committee to walk away if Republicans don't budge ton tax increases, and insist on cutting entitlement benefits.

"If we don't get our policy priorities, Democrats need to be ready to walk away from the deal," Feingold emailed his supporters. "You can guarantee extremists on the other side will continue to push relentlessly to give even more to corporations and put even more of the burden on the middle class. We have to fight harder than they will."

He lists the bright lines:
1. Ensure millionaires, billionaires, and big corporations pay their fair share of debt reduction,
2. No cuts to Social Security, Medicare, or Medicaid benefits,
3. No giveaways to corporate interests,
4. Or no deal.

His concern -- which progressives widely share -- is that Republicans will refuse to raise a penny of revenue, particularly from wealthy Americans, and leave the Committee's Democrats to pick between significant entitlement cuts or the trigger penalty, which would fall most heavily on Medicare providers and national defense.

-snip-

Read more: http://tpmdc.talkingpointsmemo.com/2011/08/feingold-to-press-dems-to-abandon-unbalanced-super-committee-deal.php



The TPM article has the complete text of Feingold's letter, in which he says that the super committee could "fundamentally reshape our society and our values" and progressives "need to make sure that we are part of the debate as well."
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