As the latest reports indicate that the U.S. economy is slowing down and the intellectual foundation for austerity economics has been discredited , Congressional Democrats are pushing back against President Obama’s austerity budget. Democrats in the Senate and even more in the House no longer see the logic in austerity cuts to social programs such as Social Security and Medicare given that the evidence contradicts the intellectual rationale for them
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Congressional Democrats Pushing Back Against Obama’s Austerity Budget