What would be the effect if the tax increases and spending cuts occurred all at once?

A:

It’s unlikely that we’ll go over the “fiscal cliff” without any changes in the mandated tax increases and spending cuts. But if we did, there would be a drop in the budget deficit by $500 billion in 2013 and a corresponding damage to the economy due to this large drop in effective demand. A great deal depends on which programs sustain cuts, how soon these cuts take place and whether or not higher tax rates are imposed on the rich and corporations, but not the working class. Though critical anti-poverty programs are slated for massive cuts if there is no solution, the executive branch could delay the effects of the cuts and tax increases on working people until March 1 or so. Thus, the Obama administration should bargain tough and not rush into a bad bargain. The administration has leverage, as the Right doesn’t want to take blame for tax increases on the middle class and they desperately want to preserve defense spending. 

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New Member Call, June 24

June 24, 2018

9pm ET/8 CT/7 MT/6 PT

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You've joined DSA - Great! Now register for this New Member Orientation call and find out more about our politics and our vision. And, most importantly, how you can become involved.

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Sam M


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**Note: this page originally had the wrong date listed. The Correct date is Sunday the 24th**

M4A Chapter Activist Training Call: How to Pass a Medicare for All City Council Resolution

June 30, 2018

Saturday June 30th at 4pm ET/3pm CT/2pm MT/1pm PST

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In March, Philadelphia DSA members showed up in droves with healthcare workers, community members, and elected leaders to pass a Philadelphia city-wide resolution supporting the Medicare for All Act of 2017 and affirming universal access to healthcare as a human right. This victory showed that in a city where the poverty rate is over 26%, city council leaders learned where to stand when it comes to universal healthcare. To move a national campaign to win Medicare for All, we need to build support from a broad range of cities and municipalities across the country. With some research, planning, and lobbying, you could work with city council members to pass a resolution of support in your city too!

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