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Socialist organization joins with over 200 community groups and with organized labor to oppose the “Fiscal Cliff”  budget cuts.

DSA rejects the “fiscal cliff” hysteria of the corporate establishment and the pressure for a “Grand Bargain” that would cut Social Security, Medicare and Medicaid. While unemployment remains high and economic growth slow, the government should not impose austerity measures that reduce essential programs that benefit the middle and working classes and that further shred the safety net for the most vulnerable. Rather, government policy should prioritize investments in job creation, public education and healthcare reform, while raising essential revenues by taxing the large corporations and wealthiest citizens who can afford to pay…

Like our allies in the national  Coalition for Human Needs, DSA rejects the notion that some “unified” fiscal cliff must be addressed in the lame-duck session of Congress. It is in fact a “fiscal obstacle course” that Congress should address without panic early in 2013, while heeding the election results. A progressive solution would include restoring all automatic domestic cuts, while making more strategic and deeper cuts in defense procurement spending. The revenue for expanding domestic social welfare spending can be raised by ending the Bush tax cuts for the top 2% and corporate tax-giveaways, while instituting a modest financial transaction tax on stock and bond transactions.

DSA members  and a wide coalition of over 200 community groups in the Save for All Campaign of the Coalition on Human Needs http://www.chn.org, along with organized labor,  are mobilizing their members and allies to insist on strengthening America’s Values and Economy for All:  to protect low-income and vulnerable people; promote job creation to strengthen the economy; increase revenues from fair sources; and seek responsible savings by targeting wasteful spending in the Pentagon and in other areas that do not serve the public interest.

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