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United States: Rich, corporations win, environment, people lose in debt ceiling deal

The "debt-ceiling crisis" provided the pretext for the rolling back environmental, economic and social policies, while corporations and the rich benefitted the most from the deal struck between the Democrats and Republicans, reports Barry Sheppard.

A history of US debt

A history of US debt
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Debt Ceiling and Threat of Default Has Become a Weapon

The Political Thought of Robert A Taft

Taft was not your ordinary politician: After all, he was the son of William Howard Taft, a U.S. President and Chief Justice of the Supreme Court of the United States. He did not slap backs; he did not twist arms; he did not sip a “little bourbon and branch” with the boys in the back room. He was the most powerful Republican in the Senate because of his formidable intellect, his huge appetite for hard work and long hours, and his political integrity. A colleague on the Yale Corporation board once went to the Senate lobby and called Taft off the floor to check on a pending railroad bill.

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