Nonprofit, nonpartisan journalism. Supported by readers.


Ellison, Progressive Caucus: Raise taxes, boost spending, don’t worry about balancing

MinnPost photo by Devin Henry
Rep. Keith Ellison introducing the Congressional Progressive Caucus budget outside a House Budget Committee hearing on Wednesday.
  • The progressives raise taxes on everyone making more than $250,000, creating a top rate of 49 percent on income above $1 billion; the GOP would create only two tax rates (10 percent and 25 percent).
  • The GOP would repeal the Affordable Care Act; the progressives would create a public health insurance option.
  • The GOP would boost defense spending by $500 billion over 10 years; Pentagon spending cuts are directly spelled out in the Back to Work Budget.*
  • Over 10 years, the CPC would spend trillions of dollars on everything from infrastructure to education grants to states; the Republican budget imposes deeper discretionary spending cuts than those in current law.

You can also learn about all our free newsletter options.

Comments (1)

  1. Submitted by Ron Gotzman on 03/14/2013 - 08:59 pm.

    spend baby spend

    WOW! This article has been on Minn Post and entire day and no criticism or comments. This must be a spending plan that the deficit hawk DFL types must love.

Leave a Reply