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Eric Cantor explains today why he’s obsessed with earmark reform even though it wouldn’t have the slightest impact on federal spending:

If we hope to preserve Social Security and Medicare for seniors, younger workers and our children, we must begin the conversation about common-sense ways to reform both programs.

These are big things — and there is little question that turning trillion-dollar deficits into surpluses, while starting to pay down our national debt, is an enormous mountain to climb. Yet the long climb to fiscal responsibility must begin with a few smaller, but necessary, steps.

Hmmm. I think Cantor has failed to explain his position clearly. Allow me to make a few small edits. Don’t worry, I’m a professional:

If we hope to preserve Social Security and Medicare for seniors, younger workers and our children, we must begin the conversation about common-sense ways to reform both programs.

These are big things — but proposing cuts to these program would be an electoral disaster. If Republicans proposed real federal spending reductions we’d get our hats handed to us in November. So we’re not going to do it. We’re just not. And we’re not going to do anything serious about cutting spending after the election either. Instead we’re going to distract the rubes with some chatter about a problem that even I admit is trifling. They’ll eat it up. I might be pandering here, but that’s sure better than the alternative.

All fixed. Any questions?

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WE CAME UP SHORT.

We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

So we urgently need this specific ask, what you're reading right now, to start bringing in more donations than it ever has. The reality, for these next few months and next few years, is that we have to start finding ways to grow our online supporter base in a big way—and we're optimistic we can keep making real headway by being real with you about this.

Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

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