Presented by The Committee for New Priorities and Chicago Jobs with Justice.

Presented by The Committee for New Priorities and Chicago Jobs

with Justice

We have been told that every level of government is broke and we face drastic cuts that could mean life or death for the most vulnerable.

But are we really broke, or can we MOVE THE MONEY?

FACT: The richest 1% now hold 1/3 of all the wealth in the US

FACT: Many of America’s largest corporations, like GE and Exxon, pay no taxes at all.

FACT: 43.6 million Americans live in poverty

FACT: We spend more on the military budget than the next 14 largest countries--COMBINED!

FACT: Military spending now consumes 58 cents of every discretionary tax dollar.

FACT: What we spend on Afghanistan alone in 2011 would balance the budgets of ALL the states.

We need to MOVE THE MONEY from these disastrous wars and wasteful military spending to fund human needs

•End the wars• Make the rich and corporations pay their share of taxes

• MOVE THE MONEY from wasteful military spending to human needs

The “Peoples Budget”

Eliminates the deficit in 10 years •Ends the Bush tax cuts•Targeting the wars overseas•Addresses causes and effects of the recent recession

The People’s Budget:

• Focuses on job creation• Protects Social Security, Medicare and Medicaid• Trains teachers and restores schools• Rebuilds roads and bridges• Invests in clean energy, broadband

infrastructure, housing and R&D

How would we pay for it?

End upper-income tax cuts while protecting middle class tax credits

Create new tax brackets that range from 45% starting at $1 million to 49% for $1 billion/more

Eliminate corporate welfare for oil, gas, and coal companies; closes loopholes for multinational corporations

The US Council of Mayors just called for ending the wars and MOVING THE MONEY.

‘We've asked Congress to responsibly bring our troops home and dedicate the billions currently being spent in Iraq and Afghanistan to creating jobs, developing sustainable energy, and repairing our crumbling infrastructure.'

Mayor Antonio Villaraigosa of Los AngelesUS Council of Mayors

This IS what the American people want.

The American people want to end the wars.

They want a REAL jobs program that will put people back to work.

They want to protect Social Security and health care.

What is lacking is sufficient

visible political pressure

to force this issue. We

need to show real popular

pressure around MOVE THE

MONEY.

What can WE do?

Use this messaging in our work Bring this information to our membership

Participate in the on-line poll Create & use opportunities to push elected officials to support these demands

MOVE THE MONEY: Town Hall on the Revenue, Jobs and Housing Crisis

During August recess Jan Schakowsky will participate Other electeds are also being invited

We will publicize our needs and the People’s Budget

DISCUSSION:

QuestionsCommentsSuggestions

Other Actions: (street actions & city council resolution)