Tuesday, April 02, 2013

Budget Sense: Senate Budget Plan to Increase Taxes

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April 2, 2013
News and Analysis on Your Money in Washington
The Job-Killing Senate Budget

Passed last week, Senate Budget Committee chairwoman Patty Murray (D–WA) has crafted the first Senate budget in four years. Murray deserves some credit for actually advancing a budget, but her budget contains steep tax increases that would reduce economic growth. 

Three Reasons for Social Security to Use Chained CPI
One of few Social Security reforms with broad bipartisan support, chained CPI is a more accurate method of measuring price inflation. With 25 percent automatic benefit cuts looming, switching to chained CPI for Social Security is an important first step toward addressing the government entitlement crisis.


Senator Murray's Tax-Hiking Budget Plan: 
A Major Hit on Family Finances

Senator Patty Murray's tax plan would lower after-tax household income for a family of four by an average of $2,281 a year through 2023. This contrasts starkly with Rep. Paul Ryan's House budget.

CHANGE IN AFTER-TAX INCOME FOR A FAMILY OF FOUR, DUE TO MURRAY TAX PLAN

Obama Ignores 85,933 Ideas to Save Money
Why ask public employees for savings ideas that you don't use?
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VIDEO: Wisconsin Welfare Reform Promotes Self-Sufficiency
Gov. Scott Walker discusses how to reverse America's welfare state
Watch the Video Now

Retirement: Delaying It Brings Many Benefits
It's a big income boost for seniors, and leads to overall economic growth
Read and Comment Now

Want more analysis on taxes, spending and debt? Visit Entitlements home page >> 

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