African Americans and Potential Consequences of the Fiscal Cliff

A reminder from globalpolicysolutions.com 

WASHINGTON — Join the Insight Center's Closing the Racial Wealth Gap Initiative for a discussion about the issues and consequences of the fiscal cliff for African Americans. 

African Americans were a critical constituency both nationally and in key battleground states such as Ohio, where African-American turnout increased from 2008 and whose vote share was greater than its share of the electorate as a whole. These votes should not be taken for granted: the racial impact of debt reduction proposals must be considered at the "fiscal cliff" bargaining table.

When:
Wednesday, December 19, 2012
3:30pm - 4:30pm. EST

Register Now:
https://www2.gotomeeting.com/register/556685362

Featured Speakers:
U.S. Representative Bobby Scott (D-Va.)
William E. Spriggs, Ph.D., Chief Economist, AFL-CIO

Moderated by:
Maya Rockeymoore, Ph.D., President and CEO, Global Policy Solutions

If President Obama and Congress fail to reach an agreement to reduce the deficit by $1.2 trillion by the end of the year, automatic tax hikes and federal spending cuts could send the nation back into a recession. Americans are at risk of seeing higher taxes, reduced Social Security, Medicare, and Medicaid benefits and facing even greater economic uncertainty.

African American workers, families, and seniors stand to be unduly affected. Additionally, the potential expiration of extended jobless benefits and cuts in education will have devastating and long lasting consequences for African Americans who have suffered disproportionately from the effects of the Great Recession: in the last five years, African American families with children witnessed nearly all of the resources they worked for and saved wiped out, and most are now living in debt.

The Closing the Racial Wealth Gap Initiative is hosting this webinar to compliment recent webinars on how "fiscal cliff" negotiations and outcome will affect communities of color. Click on the following links for information on recent webinars about the "fiscal cliff" and Asian American, Native Hawaiian and Pacific Islander; American Indian and Alaska Native; and Latino American communities.

Andrew Sousa
globalpolicysolutions.com 
 

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