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The revival of Simpson-Bowles recommendations on deficit reduction in Nov.-Dec. 2012
09/26/2011
Both Republicans and Democrats now look to Simpson-Bowles as the basis of building an agreement that generates revenue by reducing loopholes, deductions and tax expenditures. Christina Romer, former chairwoman of Obama's Council of Economic Advisors's puts forward a strategy based on Simpson-Bowles in an op-ed in the NYT, Nov. 11, 2012. The "fiscal cliff" of automatic tax increases and spending cuts goes into effect on Jan. 1, in the absence of an agreement. The Romney plan and the proposal by Martin Feldstein on limiting tax deductions and loopholes for high income earners are a way to distribute the tax burden equitably.
Grouped Articles
Stimulus and the Depression: The Untold Story
Wall Street Journal 09.26.2011
Budget Showdown Offers an Opportunity for Progress
New York Times 11.10.2012
The Cliff Is a Hard Place to Compromise
New York Times 11.10.2012
Democrats Like a Romney Idea to Cap Tax Deductions
New York Times 11.12.2012
Deluding Ourselves Over the Fiscal Cliff
New York Times 11.12.2012
Grover Norquist: Washington Enemy No. 1
Wall Street Journal 11.23.2012
Mortgage-interest deduction could be on the table in ‘fiscal cliff’ debate - The Washington Post
Washington Post 11.29.2012
Tax Arithmetic Shows Top Rate Is Just a Starter
New York Times 12.08.2012
Deductions Limits Will Affect Many
Wall Street Journal 01.03.2013
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