Tag: inequality

Debt Deal Will Increase Economic Inequality, Devastate American Workers, Communities

BRIAN J. TRAUTMAN – The debt deal cuts roughly $2.4 trillion in federal spending over the next decade without any new revenue streams. It slashes social services like education and health, and threatens to weaken the vital entitlement programs of our frayed social safety net. It is far from representing the shared sacrifice that an overwhelming majority of the American people had demanded of their elected officials in the days and weeks leading up to the debate and negotiation.