"As the economy teeters on the precipice of a double-dip recession, as millions of Americans search in vain for a job, as tens of millions of homeowners are underwater, as poverty soars and the middle class is hammered, the Speaker of the House is pushing a proposal that—let me repeat a Greenstein analysis—“could well produce the greatest increase in poverty and hardship in modern U.S. history.” Deep cuts in every domestic priority—from education for disabled children to food safety to homeland security to clean air and water. Followed by painful cuts in Social Security, Medicare, and Medicaid. But not a dollar in new revenue. Not one corporate loophole closed, not one billionaire asked to pay one penny in higher taxes."
Paul Begalla in the Daily Beast
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