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Why I'm Optimistic About Cutting the Deficit

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Alan Simpson on the August 2 Debt Ceiling and Deficit legislation of August 2, 2011

01/16/2009

Alan Simpson of the Simpson-Bowles Commission talks about the debt panel or super-committee's task in coming up with $1.2 trillion in savings by the end of 2011. Simpson says the work of that committe will be similiar to the work he and Bowles engaged in. An enormous effort will go into clearing misperceptions and preconceived notions. He says there are only so many ways of coming up with savings and everything has to be touched to get to the goal, given that the U.S. borrows 39 cents of every dollar it spends.

Grouped Articles

Debt Hawk Alan Simpson on the Work Ahead

BusinessWeek 08/04/2011

Running in the red: How the U.S., on the road to surplus, detoured to massive debt - The Washington Post

Washington Post 08/07/2011

Tom Keene Talks to David A. Stockman

BusinessWeek 08/04/2011

Why the Debt Crisis Is Even Worse Than You Think

BusinessWeek 07/27/2011

Reid Names First Debt-Panel Picks

Wall Street Journal 08/10/2011

Republicans Set Debt-Panel Roster

Wall Street Journal 08/11/2011

Feldstein's proposal for a 2% cap on reduction in taxes from deductions and exclusions.

05/04/2011

Feldstein says its important to increases taxes not tax rates. And the the way to go is to follow the President's Bowles-Simpson Deficit Commission's proposal on tax expenditures. As it is politically difficult to eliminate deductions and exclusions he suggests another proposal- limit the reduction in taxes with a 2% of adjusted gross income cap on the reduction any taxpayer gets.

Grouped Articles

Raise Taxes, but Not Tax Rates

New York Times 05/04/2011

The Mother of All No-Brainers

New York Times 07/04/2011

The Elmendorf Rule - The Washington Post

Washington Post 07/09/2011

Tom Keene Talks to Martin Feldstein

BusinessWeek 07/07/2011

Why Obama Wants a Big Deal

Wall Street Journal 07/12/2011

Top Democrats laud GOP debt-ceiling move - The Washington Post

Washington Post 07/14/2011

New York Mayor Bloomberg on reviving the U.S. economy

09/26/2011

Bloomberg says its time Obama and the Republicans stop promising a free lunch, or something for nothing. He suggests a two step answer to the economic problems facing the U.S. - let the Bush tax cuts expire for all income groups, and passage on an up or down vote of the Simpson-Bowles deficit reduction plan for $4 trillion in savings. This would give U.S. businesses the confidence to invest instead of holding back because of the uncertainty, and lead to higher economic growth and lower unemployment.

Grouped Articles

Why we need a third party - The Washington Post

Washington Post 09/26/2011

Wall Street Meets Reality

New York Times 12/27/2011

Federal Budgets and Class Warfare

Wall Street Journal 03/29/2012

Why I'm Optimistic About Cutting the Deficit

Wall Street Journal 03/29/2012

President Obama Should Seize the High Ground

New York Times 05/26/2012

Dana Milbank: Jeb Bush’s heresy - The Washington Post

Washington Post 06/13/2012

The two US Deficit Commissions in 2010 and the Deficit from Growing Health Care Costs

01/31/2008

Bowles-Simpson Deficit Commisssion proposals, critics say, did not adequately tackle the health care part of the US Deficit. Rivlin-Domenici Deficit Commission phases out the tax exclusion on employer-subsidized health care insurance. Both fall short in addressing the health care portion of the deficit.

Grouped Articles

Health Care and the Deficit

New York Times 12/11/2010

In Battle Over Health Law, Math Cuts Both Ways

New York Times 01/07/2011

CBO: U.S. budget deficit to reach $1.5 trillion in 2011, highest ever

Washington Post 01/26/2011

The GOP Path to Prosperity

Wall Street Journal 04/05/2011

The Ryan Journey

New York Times 04/07/2011

Second Panel Calls for Cutting Military Spending

New York Times 11/17/2010


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