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Debt Deal

The Super Committee Has Failed?! Wait, What's a Super Committee?

The Super Committee Has Failed?! Wait, What’s a Super Committee?

by Shani O. Hilton on November 22 2011, 10:45AM

In Southeast D.C., where unemployment is close to 30 percent and where people are most likely to feel the pain of social service cuts, it’s enough to know the big picture: “They don’t seem to care about us.”

Topics: Debt Deal, Politics

Key Question of 2012: Do You Represent the People or the Banks?

Key Question of 2012: Do You Represent the People or the Banks?

by Kai Wright on September 20 2011, 10:43AM

The president vowed to make the rich “pay their fair share.” Let’s hope he’s serious. But either way, a new campaign launches today to make sure both parties must care as much about homeowners and workers as they do bankers in 2012.

Topics: Debt Deal, Economy, Kai Wright

The Fed's Bombshell: Our Economy's Dead Until Congress Creates Jobs

The Fed’s Bombshell: Our Economy’s Dead Until Congress Creates Jobs

by Imara Jones on August 12 2011, 9:37AM

After months of debate over the nation’s debt, the central bank’s unprecedented interest rates announcement this week was entirely about the jobs crisis. The subtext was clear: politics, not economics stand in the way of recovery.

Topics: Debt Deal, Economy, Jobs Crisis

The U.S. Doesn't Have a Debt Problem. It Has a Crisis of Values.

The U.S. Doesn’t Have a Debt Problem. It Has a Crisis of Values.

by Imara Jones on August 3 2011, 10:15AM

The debt deal is an extension of the grand bargain Washington’s leaders made with Wall Street nearly four years ago: to save the wealthy at the expense of everyone else. The U.S. doesn’t have a debt problem; it has a values problem.

Topics: Debt Deal, Economy

Debt Deal Casualties May Include College Aid for Poor Students

Debt Deal Casualties May Include College Aid for Poor Students

by Shani O. Hilton on August 1 2011, 1:30PM

Tea party Republicans were willing to let the debt ceiling deadline pass in order to block Pell Grant funding, which one member has called “welfare of the 21st century.” The student aid program may be among the most vulnerable in the coming round of cuts.

Topics: Debt Deal, Politics, Schools & Youth

The Tea Party Says, Yes, We Can! (Then Actually Changes Stuff)

The Tea Party Says, Yes, We Can! (Then Actually Changes Stuff)

by Kai Wright on August 1 2011, 11:21AM

The most consequential change to our political landscape in 2008 may not have been Obama’s election, but rather the right’s response to it.

Topics: Debt Deal, Kai Wright, Politics

It's Time to Lift the Debt Burden Wall Street Loaded Onto Our Backs

It’s Time to Lift the Debt Burden Wall Street Loaded Onto Our Backs

by Kai Wright on July 21 2011, 9:30AM

Banks have spent tens of millions trying to protect a predatory financial industry from accountability. There could be no more essential fight than making sure they don’t get their money’s worth.

Topics: Debt Deal, Economy, Kai Wright