The “Grand Bargain”: Thanks But No Thanks!

The “Grand Bargain”: Thanks But No Thanks!

WHAT:            Press Conference

WHEN:           Thursday, November 29, 11:30 am

WHERE:        Old Federal Building, 1500 Main St.

WHO:              20 people including Union and Peace activists, green energy small business people, social service and medical providers, National Priorities Project, and religious leaders

President Obama and congressional Republicans are negotiating a “Grand Bargain”.  The danger is that such a bargain will undermine the economy and slash vital social programs instead of growing the economy and improving the quality of life for Americans.

“Reports indicate that a “Grand Bargain” may increase the Medicare eligibility age, switch to a ‘chained CPI’ to reduce future benefits for Social Security recipients, allow extended unemployment insurance to expire, or make similar cuts," said Susan Theberge of Fund Our Communities Not War.  “Any 'Grand Bargain' with further cuts beyond the $1.5 trillion already adopted by Congress should be rejected out of hand. In the spirit of this holiday season, ‘thanks but no thanks.’”

Adds Jon Weissman of Western Massachusetts Jobs with Justice, "We’re not broke! We need our Senators to heed the will of Massachusetts voters who overwhelmingly passed the Budget for All question, to oppose any 'deal' that would cut programs that benefit us all, and to invest in jobs instead.”

The "Budget for All" referendum question passed in all 91 cities and towns in which it was on the ballot by an average 3 to 1 margin. The referendum called on Congress and the President to prevent cuts to Social Security, Medicare, and Medicaid benefits and other vital safety net programs; stimulate the economy by creating and protecting jobs; raising revenues by closing corporate tax loopholes and raising taxes from the top 2% income earners; and redirecting military spending to domestic needs and ending the Afghanistan war now. 

The “Deal for All” resolution, H. Res. 733, makes similar proposals as the “Budget for All”. It is cosponsored by 41 members of Congress, including Massachusetts Reps. Capuano, Frank, Markey, McGovern, and Olver.

Join us for a press conference calling on the President and Congress to heed the will of Massachusetts voters, fiscal responsibility and the social conscience in the imminent budget deal.