Truthout
Austerity

On the News With Thom Hartmann: Americans Are Already Feeling the Pinch of Austerity, and More
Only 4 days after the March 1st Sequester deadline, people around our nation are already starting to feel the pinch of austerity; Republican lawmakers in Texas don't care if …

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Automatic Spending Cuts Set to Start After Congress Fails to Act
Obama is expected to sign a directive ordering to start putting spending cuts into effect.

Billionaires for Austerity: With Cuts Looming, Wall Street Roots of “Fix the Debt” Campaign Exposed
A new investigation reveals how billionaire investors, such as Peter Peterson, have helped reshape the national debate on the economy, the debt and social spending.

Profit, Austerity and Criticizing the System
On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.

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The “Fix” Is In: Laying Bare Some Sequester Lies
We're told that we can't have the Post Office, decent health care, Social Security, Medicare, or Medicaid.

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Fear of US Cuts Grows in States Where Aid Flows
States are increasingly alarmed that they could become collateral damage in Washington's latest fiscal battle.

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How Congress Could Fix Its Budget Woes, Revisited: The Financial Transactions Tax Alternative
The tax could raise $1 trillion in new revenue per year.

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The Wrecking Crew Is Winning
The Republican Congress is holding the economy hostage.

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In the US, Austerity Could Be Disastrous
Paul Krugman: Fiscal austerity is the difference between where we are now and an unemployment rate not much above 6 percent. It's a policy disaster.

Ecuador Chooses Stimulus over Austerity
As Ecuador votes for new president, the stimulus policies of current president Correa have kept Ecuador out of recession.