BY Fight Back! Editors | United States | 1/03/13
On January 1, the U.S. House of Representatives voted 257-167 to pass the Senate compromise tax bill to stop the so-called “‘fiscal cliff’ of tax increases and spending cuts. While Democratic politicians are portraying this deal as a victory as “98% of Americans will not see their taxes increase,” the reality is that 77% of Americans, including about two-thirds of the working class, will see tax increases.
BY Masao Suzuki | San José, CA | 1/01/13
Early New Year’s Day, the U.S. Senate voted 89-8 to pass a compromise bill to put off the so-called ‘fiscal cliff.’ The bill now goes to the House of Representatives, where Republicans are likely to try to get even more tax breaks for the rich.
BY David Hungerford | Newark, NJ | 11/10/12
One reason recovery is taking so long is layoffs of utilities workers. The only reason for the layoffs was to cut costs and make more profits. Fight Back! asked someone who works for a major utility if this was one of the reasons for the delays. “Definitely,” he said, “if it wasn’t for that we wouldn’t be in this position.”
BY Fight Back! Editors | United States | 9/25/12
The federal government is on course for large spending cuts and tax increases starting January of 2013.
BY Fight Back! Editors | United States | 9/22/12
Millions of people are out of work. Those who are laid off are being foreclosed out of their homes, losing health care, and finding it harder and harder to make ends meet.
BY Masao Suzuki | United States | 8/24/12
Republican presidential candidate Mitt Romney has been attacking the Obama administration for “cutting” Medicare, and Romney has promised to restore these cuts.
BY Fight Back! Editors | United States | 8/19/12
In April of 2012, the nonpartisan Congressional Budget Office (CBO) did a report on the impact of Republican Congressman Paul Ryan’s budget proposal, which was later passed by the House of Representatives, on health care.
BY staff | San Francisco, CA | 8/02/12
While millions of retired Americans are struggling to make ends meet and millions more working people who have been laid off don’t know how or if they can ever afford to retire, laid-off corporate executives are living in another world.
BY Masao Suzuki | United States | 7/09/12
On July 6, the U.S. Department of Labor announced that only 80,000 net new jobs were created in June. This was less than most mainstream economists predicted and far less than what is needed to put the millions of unemployed back to work.
BY Fight Back! Editors | Europe | 6/28/12
Most of the countries in the euro-zone, which includes most of the major economies of Europe (Great Britain and Switzerland being two notable exceptions), are now in a recession.