Yesterday, President Obama released the details of his fiscal year 2011 budget. To help pay for the job-creation programs to put Americans back to work, Obama proposes ending the Bush tax cuts for corporations and the wealthy.
We extend middle-class tax cuts in this budget, we will not continue costly tax cuts for oil companies, investment fund managers, and those making over $250,000 a year. We just can’t afford it.
The budget also includes a new initiative to crack down on businesses that misclassify their employees as independent contractors in order to evade their responsibilities as employers—also known as evading taxes, among other dodges employers get away with as part of their independent contractor scam.
It’s only fair, says AFL-CIO President Richard Trumka:
Wall Street and the super rich—who have benefited for years from the Bush economic policies—should pay their far share of the bill to rebuild the economy that they destroyed.
Click here to read his entire statement on the budget.
Darn shame those firms and folks perched high up on the economic ladder might have to pitch in a bit to help the rest of us struggling to keep a grip on the middle-class rungs.
Here’s some budget reaction from other union leaders.
Fire Fighters (IAFF) President Harold Schaitberger says the funds proposed for several grant programs that help communities and states to provide adequate fire and emergency rescue and response staffing, “stands in sharp contrast to the previous administration, which proposed zero funding,” and even tried to kill one of the central programs. Click here for more.
The budget goes a long way to take care of the nation’s retires with increased staffing at the Social Security Administration and a boost in funding at the Veterans Affairs says AFGE President John Gage. On veterans, Gage says:
With an increase in funding of 20 percent since 2009, and with advanced appropriations, the 2011 budget honors veterans by fortifying the world-class medical care they deserve.
While commending the increase in funding as ”essential and necessary for strengthening of our nation’s regulatory agencies,” including the Occupational Safety and Health Administration (OSHA), Gage says the proposed 2011 1.4 percent federal pay raise “will do nothing to close the remaining pay gap between federal and non-federal salaries.” Click here to read his entire statement.
The union-environmental coalition, the Blue Green Alliance, says the budget “lays the foundation” for transitioning to a “clean economy that will put Americans back to work.” The group’s Executive Director David Foster says:
This budget includes investments in green jobs training, weatherization and retrofit programs to expand energy efficiency, greater deployment of broadband, smart-grid technologies, high-speed rail and transit, as well as expansion of the Advanced Energy Manufacturing Tax Credit, all of which are crucial to establishing the United States as a global leader in clean energy technologies. The U.S. cannot afford to sit on the sidelines as other countries take the lead in the race for clean energy jobs.