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Progressive Caucus to Release ‘Budget for All’ | The Nation

Outside a packed hearing room on Capitol Hill, where Representative Paul Ryan presided over a mark-up of his draconian budget bill, members of the Congressional Progressive Caucus held a press conference to announce their own plan: the “Budget for All,” which follows along the rough outlines of last year’s “People’s Budget.”

The exact details won’t be released for another day, but some broad outlines were made available by CPC staff: $2.4 trillion in job-creating investments like direct-hire programs, tax incentives and an infrastructure bank; ending the Bush tax cuts for top earners and instituting new tax brackets for millionaires and billionaires, while eliminating preferential treatment of capital gains and dividends; and dramatically reducing defense spending.

For more on this story, visit: Progressive Caucus to Release ‘Budget for All’ | The Nation.

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