On the eve of his planned presentation at Boston's Symphony Hall, self-proclaimed “deficit hawk” Erskine Bowles has joined partner-in-crime Alan Simpson in putting out a new version of their federal budget plan. Though the details of the … [Read more...]
The Tea Party, Taxes and Spending Cuts
A key goal of the Tea Party movement is the reduction of the national debt and thus the size of government via spending cuts. However, it is highly unlikely that the federal deficit can be reduced through spending cuts alone. That said if … [Read more...]
58 or under? Your Social Security is getting cut
if Obama's guys have their way: Can These Men Fix the Deficit? Obama has appointed The National Commission on Fiscal Responsibility and Reform, a.k.a. The Social Security Commission, a.k.a. The Cat Food Commission, to solve the dire … [Read more...]