Archive for the ‘Social Justice’ Category

With help from our friends at The Other 98% (and an activist marching band), we made the petition delivery to Citigroup’s Wall Street headquarters into a spectacle the banksters won’t soon forget.

And a special thanks to our friends at Americans for Financial Reform, the National Association of Consumer Advocates, the American Association for Justice, Consumer Action and the National Consumer Law Center for joining us to gather signatures for this campaign.

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Good news emerged this week in the fight for health care justice in the United States. A new poll shows that the majority of Americans support single-payer health care. In a single-payer system, every American would be guaranteed a basic level of health care, much like Medicare guarantees health coverage to all American seniors.

Among the poll’s other findings: 80 percent of self-identified Democrats support single-payer, in addition to one-quarter of Republicans. President Obama himself backed single-payer as a state senator. As for a “public option,” where Americans would be given the choice to buy into Medicare before they turn 65, only 13 percent of the public was opposed.

In many ways, this poll is remarkable. More and more Americans understand and embrace a universal Medicare-for-all health plan. Stay tuned for Rep. John Conyers (D-Mich.) and Sen. Bernie Sanders’ (I-Vt.) re-introductions of their versions of single-payer, Medicare-for-All bills this year.

Vijay Das is a health care advocate for Public Citizen’s Congress Watch.

by J. Thomas

In December, Vermont Governor Peter Shumlin (D) shockingly announced a delay in implementation of one of his most public, long-term political promises: guaranteeing health insurance for all Vermonters under a universal, publicly funded system. Governor Shumlin ran on this platform for many years, including during his reelection in November so it was extremely disappointing to see this policy turnaround.

Four years ago, the legislature passed a historic bill calling on the governor to develop a financing mechanism for universal health care for Vermont.

The governor’s preliminary plan contained an 11.5 percent across-the-board payroll tax in addition to a graduated 9.5 percent income tax, with the highest rates beginning at 400 percent of the poverty line and capped at $27,500 per year. Another 4 percent payroll tax and a 50 percent graduated income tax increase would be required for transition costs over the first few years of the program, for a total of $2.6 billion in new revenue.

Effectively, Vermonters’ taxes would have been doubled. Furthermore, funding for the system would have to be front-loaded and offsets would be delayed because it takes years to see the cost benefits of better health.

Vermont is a part of a national movement to establish commonsense health care. America spends more money on health care as a percentage of its gross domestic product (GDP) than any other country in the world – rich or poor. A Harvard study estimated that 45,000 Americans die every year because they don’t have health insurance. A publicly-funded universal health care system in Vermont is estimated to save 25 percent of total health care costs over the course of the first decade. The financial estimates for the first five years are detailed in an article from the New England Journal of Medicine.

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Susan Harley, deputy director of Public Citizen’s Congress Watch division

Public Citizen is standing in solidarity with our European allies who are leading the charge for a strong financial transaction tax (FTT or Wall Street tax) to come out of the Economic and Financial Affairs Council (Ecofin). Though France, Germany, Spain, Belgium, Italy, Estonia, Austria, Portugal, Greece and Slovakia agreed in May 2014 to collaboratively tax financial transactions of shares and “certain” derivative contracts, with the tax taking effect no later than January 2016, the final details of the proposal are still in negotiation. When these European countries have a strong FTT in place it will pave the way for U.S. lawmakers to pass a Wall Street tax here in America too.

Because of the importance of this international agreement, Public Citizen and our allies are joining in a worldwide action to urge European financial leaders to agree to a strong FTT proposal. In advance of the final European finance ministers’ meeting of 2014 on Tuesday, December 9, we ask that you join this movement and show your solidarity too!

There are a few ways you can get involved:

  • Print out this placard and fill in the reasons why you support a European financial transactions tax. Then snap a photo of yourself holding the sign and Tweet it out to your followers using the hash tag #FTT. (See my photo and photo of U.S. Rep. John Conyers (D-Mich.) to see how it’s done.) Your photo may be added to the international collage that’s being created for presentation to the European finance ministers.
  • Short on time? To make it easier, we’ve created some shareable social media images that you can find on Public Citizen’s Facebook and Twitter pages.
  • Support the U.S. proposal to tax Wall Street trades by taking Public Citizen’s online action.

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A new report from Demos details the dominance of individual big-money donors in the 2014 congressional elections. (Total 2014 election spending is estimated to have exceeded $3.67 billion.)

The report’s revelations are grim, but unsurprising. For instance:

Seven of every 10 individual contribution dollars to the federal candidates, parties, PACs and Super PACs that were active in the 2013-2014 election cycle came from donors who gave $200 or more.

The authors note that this statistic does not include the estimated $1 billion in spending by dark money groups like Karl Rove’s Crossroads GPS, which exploit their dubious status as “social welfare” nonprofits to hide the identities of their funders.

A look at how these numbers play out in individual races is useful for illustrating just how much some candidates depend on funds from the wealthy. The report notes that Rep. Paul Ryan (R-Wis.), the onetime candidate for vice president and future chairman of the House Ways and Means Committee, reported receiving more than $5 million from large donors – and nothing (actually, negative $360) from small donors. (How’s that for “makers” versus “takers”?)

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