For Immediate Release
Media Outreach Department 202-637-5018.
Statement by AFL-CIO President Richard Trumka on President Obama’s FY2016 Budget
WASHINGTON - "In the State of the Union, President Obama forcefully advocated for working families and the bold actions we need to create an economy that truly works for all working people. His budget follows through with a number of proposals that would benefit American workers, such as repeal of harmful sequestration cuts, higher taxes on capital gains, and a financial crisis fee on the largest financial institutions. These are all pieces to a robust program to raise wages.
"But when it comes to fixing our rigged corporate tax system, the actual proposals in President Obama’s budget don’t match the rhetoric. As this budget stands, it falls short of a very simple standard: our tax system should not encourage corporations to shift jobs or profits overseas. We are also disappointed that the administration continues to propose corporate tax reform that does not raise significant amounts of revenue over the long term."
This is the world we live in. This is the world we cover.
Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do. Without Your Support We Simply Won't Exist.
The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) works tirelessly to improve the lives of working people. We are the democratic, voluntary federation of 56 national and international labor unions that represent 12.5 million working men and women.