Having the Senate declare that millionaires should share more of the pain involved in putting America's financial house in order is "rather pathetic," Sen. Jeff Sessions (R-Ala.) declared Tuesday.
The top Republican on the Senate Budget Committee made that pronouncement
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This article indicates that the Senate Republicans seem to think that they are in charge of nation even though they are a minority in the Senate and President is a Democratic. Apparently comprise is not in their vocabulary.
We are being governed by the very wealthy, or those who pant after the money of the very wealthy. We need Citizens United overturned via constitutional amendment, and we need publicly financed elections.
“The resolution also notes that 20 percent all income goes to the top 1 percent, and 80 percent of the nation’s income growth over the last quarter century has ... More »
The resolution also notes that 20 percent all income goes to the top 1 percent, and 80 percent of the nation’s income growth over the last quarter century has also ... More »
This short news article has minimal journalistic merit. The author is unaware of basic economic facts. The top 1% and 5% of earners today pay 37% and 57% of all Federal income taxes today. They do not make enough money to cover a significant portion of the deficit even if they paid it all in taxes. A suggestion to the reporter: whenever Sen Reid says anything, treat it like cowboy poetry. It's all he knows.
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