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"Rep. Schakowsky plans to keep Social Security benefits intact, while making deep reductions at the Pentagon by cutting what many consider unnecessary weapons systems and reducing troop levels. She calls for a rise in corporate taxes on companies that outsource jobs, as well as controlling excessive pay for chief executives.
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Over half the proposed budget cut - $430 billion annually in 2015 - would be achieved by eliminating various corporate tax breaks, ending the Bush tax cuts for the wealthy, and creating a new energy tax through the cap-and-trade system. At the same time, a proposed additional $200 billion economic stimulus would create jobs and combat unemployment."
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