Election could change economic future for Michiganders

The non-partisan Congressional Budget Office recently released a devastating analysis of the effects of the Republican tax law that [President] Donald Trump and [Congressman] Fred Upton falsely, and repeatedly, claim will be a boon to the American economy.

The CBO report states that as a result of the tax law, projected federal revenues will be greatly reduced over the next ten years. That reduction, along with an increase in federal spending, will cause the federal debt to grow to $29 trillion by 2028, which would be almost 100 percent of our gross domestic product. That would be the highest percentage since 1946, and more than twice the average over the past five decades.

A major part of the projected increase in federal spending is interest payments on the debt, which are expected to grow faster than any other component of the budget. By 2028, interest payments are projected to be triple what they are this year.

The CBO report states that the high and rising federal debt, caused primarily by the Republican tax law, will put the economy and the country at great risk of a financial crisis and will greatly handicap the ability of Congress to cope with such a crisis.

The main beneficiaries of the Republican tax law are the wealthiest elites, the ones who make the largest campaign contributions to Republican lawmakers, including Representative Fred Upton.

Congressional Republicans are already talking about reducing Medicare and Social Security benefits in order to pay for their tax cuts for the rich. Such reductions would be devastating for middle and lower income Americans. 

We the people have the power to change our economic future. In November, we need to elect individuals who will put our interests above those of wealthy corporate donors. We can do this by re-electing Debbie Stabenow and Gary Peters to the Senate and electing whichever one of the excellent group of Democratic candidates is nominated in August to replace Fred Upton in the House of Representatives.

Larry Feldman

Lakeside

Dowagiac

Dowagiac Fire Department wins second straight Battle of The Badges blood drive

Berrien County

SMCAS seeks third wheelchair transport van

Dowagiac

Dowagiac Middle/Union High School report positive COVID-19 cases

Berrien County

COVID-19 UPDATE: Michigan reports 161,907 cases, 7,211 deaths

Cass County

Lewis Cass ISD superintendent announces retirement

Edwardsburg

DAR marks grave

Buchanan

Buchanan celebrates ‘Nicest Place in America’ honor Saturday

Dowagiac

Honor Credit Union gives back

News

MDHHS issues Emergency Order updating requirements for residential care facilities to allow for indoor visitation

Breaking News

Saturday morning shooting causes property damage in downtown Niles

Dowagiac

Dowagiac Municipal Airport hangar project progresses

Cass County

Lewis Cass ISD participates in teletherapy case study

Berrien County

Halloween activities coming to southwest Michigan

Buchanan

Districts grapple with school bus driver shortage

Cass County

Dowagiac man headed to prison on three counts of domestic violence

Cass County

Cass County’s 43rd Circuit Court awarded grant

Edwardsburg

Ontwa Township seeks input on parks plan

Dowagiac

Dowagiac Rotary hosts Army National Guard

Berrien County

Brandywine Middle/High School to go remote Oct. 23 to 30

Berrien County

COVID-19 UPDATE: Michigan reports 152,862 cases, 7,129 deaths

Cass County

Cass District Library to host annual book sale

Cass County

Missing dog found shot, family grieving after five day search

Dowagiac

Honor Credit Union donates to annual Tree of Love campaign

Berrien County

Spectrum Health reinforces commitment to equity