Details on ‘the People’s Budget’


An alternative to the Paul Ryan budget plan is emerging from the sidelines, and the math indicates it might actually make a dent in the deficit. In a plan titled “the People’s Budget,” the Congressional Progressive Caucus promised to balance the budget by 2014, create a surplus by 2021, and preserve Social Security, Medicare and Medicaid. How would they make it happen?

  • Allow Bush-era tax cuts to expire
  • Raise tax rates for millionaires, eliminate corp welfare for oil, gas and coal companies
  • Enact a health care public option
  • Cut Defense Department spending
  • End wars in Afghanistan and Iraq

Lawrence discussed details with The Washington Post’s Ezra Klein. Watch the video now and give us your thoughts in the comment section below.

Congressional Progressive Caucus and Budget

Details on 'the People's Budget'