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America’s Not Broke: Solving the Debt Crisis By Making Nation More Equitable, Green and Secure

Wednesday, November 23, 2011 By Amy Goodman, Truthout | Video
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The bipartisan so-called "supercommittee" has failed to reach an agreement on reducing the federal deficit after three months of negotiations over taxes and spending. The full Congress will now have a little over a year to come up with an alternative. A trigger of $1.2 trillion in automatic spending cuts over 10 years to military and domestic programs takes effect in 2013. “What people need to remember is that we are a rich country and that this crisis is actually an opportunity to harness our abundant resources in ways that will position us better for the future,” says Sarah Anderson, co-author of a new report from the Institute for Policy Studies, “America Isn’t Broke: “How to Pay for the Crisis While Making the Country More Equitable, Green, and Secure.”

Click here to view the transcript.

Amy Goodman

Amy Goodman is the host and executive producer of Democracy Now!, a national, daily, independent, award-winning news program airing on more than 1,100 public television and radio stations worldwide. Time Magazine named Democracy Now! its "Pick of the Podcasts," along with NBC's "Meet the Press."


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America’s Not Broke: Solving the Debt Crisis By Making Nation More Equitable, Green and Secure

Wednesday, November 23, 2011 By Amy Goodman, Truthout | Video
  • font size decrease font size decrease font size increase font size increase font size
  • Print

The bipartisan so-called "supercommittee" has failed to reach an agreement on reducing the federal deficit after three months of negotiations over taxes and spending. The full Congress will now have a little over a year to come up with an alternative. A trigger of $1.2 trillion in automatic spending cuts over 10 years to military and domestic programs takes effect in 2013. “What people need to remember is that we are a rich country and that this crisis is actually an opportunity to harness our abundant resources in ways that will position us better for the future,” says Sarah Anderson, co-author of a new report from the Institute for Policy Studies, “America Isn’t Broke: “How to Pay for the Crisis While Making the Country More Equitable, Green, and Secure.”

Click here to view the transcript.

Amy Goodman

Amy Goodman is the host and executive producer of Democracy Now!, a national, daily, independent, award-winning news program airing on more than 1,100 public television and radio stations worldwide. Time Magazine named Democracy Now! its "Pick of the Podcasts," along with NBC's "Meet the Press."


Hide Comments

blog comments powered by Disqus