Rep. Schakowsky, Debt Commission Member, Intro Proposal That Doesn't Raise Taxes On Middle Class

[DearAbby]

WASHINGTON -- After rejecting the deficit-reduction recommendations offered by the chairmen of President Obama's debt commission last week, Rep. Jan Schakowsky (D-Ill.) has drafted a comprehensive proposal of her own.

Schakowsky's plan would reduce the deficit by $427.75 billion in 2015, without raising taxes on middle-class Americans or making cuts to federal expenditures that benefit them. As member of the 18-member debt commission, and outspoken critic of the draft report introduced by former Clinton administration chief of staff Erskine Bowles and former Sen. Alan Simpson, (R-Wyo.), her suggestions carry some weight.

"The middle class did not benefit from the Republican economic policies that led to the current deficit -- they were the victims," Schakowsky told reporters on Capitol Hill Tuesday. "They should not be called upon to pick up the tab."

Schakowsky's plan calls for a $110.7 billion cut in the defense budget, including troop level reduction and scaling back weapons production. The Simpson-Bowles proposal called for only $100 billion in military spending cuts.

More:
http://www.huffingtonpost.com/2010/11/16/deficitreduction-panel-me_n_784266.html

[Zenlitened]

1. K&R for:

"The middle class did not benefit from the Republican economic policies that led to the current deficit -- they were the victims," Schakowsky told reporters on Capitol Hill Tuesday. "They should not be called upon to pick up the tab."

:thumbsup:

[DearAbby]

2. AMEN!

:thumbsup: