Michael Hudson: Debt and Democracy - Has the Link Been Broken? « naked capita... - 0 views
Debt Ceiling Deal: The Democrats Take a Dive | Rolling Stone Politics | Taibblog | Matt... - 0 views
Super Congress Debt Reduction Has Little Transparency - 0 views
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The text of the budget deal reached by President Barack Obama and congressional leaders contains few specific public disclosure provisions for the committee. The standing committees of Congress are allowed to send suggestions for ways to reduce the debt to the super committee members, but there is, as yet, no provision for the disclosure of those reports. The final report is required to be publicly disclosed upon completion, however there is no requirement that the report be placed online. There are also no official requirements for web-casting of committee meetings.
Mainstream Reporters: Too Close to the Field and Teams to Get the Debt Story | MichaelM... - 0 views
Debt Political Theater Diverts Attention While Americans' Wealth Is Stolen | Common Dreams - 0 views
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The rancorous debate over the debt belies a fundamental truth of our economy -- that it is run for the few at the expense of the many, that our entire government has been turned into a machine which takes the wealth of a mass of Americans and accelerates it into the hands of the few. Let me give you some examples.
Five myths about the debt ceiling - The Washington Post - 0 views
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In recent months, the federal debt ceiling - last increased in February 2010 and now standing at $14.3 trillion - has become a matter of national debate and political hysteria. The ceiling must be raised by Aug. 2, Treasury says, or the government will run out of cash. Congressional Republicans counter that they won't raise the debt limit unless Democrats agree to large budget cuts with no tax increases. President Obama insists that closing tax loopholes must be part of the package. Whom and what to believe in the great debt-limit debate? Here are some misconceptions that get to the heart of the battle.
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