![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhqMDZYnydamDzWbggn8ckI7N7QozgPAwfc2wIlQSpeGI41Eu0_AorI66MmSQVJ61lYKHgFzycn3aoDCRQntA-rKMFfUZ1e-y3ouOtxCeZXHCIG94GXgV_3LYHyXy8KKFk-brr5GQ/s400/Progressive-Caucus-Budget-Page1-header.jpg)
Budget of the Congressional Progressive Caucus
The People's Budget would eliminate the deficit sooner than either the proposed Obama or Ryan Budgets and raise a $31 billion surplus in ten years. It would end the main budget deficit drivers - the Bush tax cuts and Middle East wars; restore progressive income and estate taxes; add negotiation of bulk drug rates to Medicare and preserve Medicare, Medicaid Social Security; eliminate tax subsidies for oil, gas and coal companies; close loopholes for multinational corporations; and tax speculative financial transactions. All are goals supported by the majority of people.
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