Friday, August 31, 2018

LOOTING THE TREASURY

LOOTING THE TREASURY
Jake Johnson / Common Dreams

"President Trump pushed through a tax scam that gave unprecedented handouts to billionaires and corporations—but believes it's too expensive to pay hardworking federal workers a reasonable wage."
(Common Dreams.org)

"Suddenly expressing deep concern for "fiscal sustainability" just months after signing a tax bill that is expected to add $1.9 trillion to the national debt over the next ten years, President Donald Trump announced on Thursday that he is canceling pay raises for nearly 1.8 million federal workers because he claims "federal agency budgets cannot sustain such increases."

"What an insulting way to mark Labor Day." 
—Rep. Barbara Lee

The president's abrupt move—which comes less than a week after a federal court struck down his attempt to undermine federal workers' right to bargain collectively—was met with widespread condemnation by progressive lawmakers and labor activists, who argued that the $25 billion Trump claimed the pay raises would cost is a drop in the bucket compared to the GOP's enormous gifts to the rich."

* * * * * * * 

"Trump wants to send another kiss to the rich—unilaterally, without any approval from Congress. He ignores the law, governs for the top one percent, and doesn't give a hoot about the rest of us."
(Common Dreams.org)

"Hours after he launched yet another "direct attack" on workers by canceling a modest pay raise for around two million federal employees, President Donald Trump told Bloomberg on Thursday that he is considering a regressive and possibly illegal plan to use his executive power to hand the rich another $100 billion in tax cuts by indexing capital gains to inflation.

"Trump himself has pocketed millions over the years grifting off of taxpayers, but now he wants to make it harder for workers to get ahead."
—Sen. Bernie Sanders"

There are a lot of people that love it and some people that don't," Trump said of the plan, which would disproportionately reward the top 0.01 percent of Americans. "But I'm thinking about it very strongly."

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