Posts tagged deficit
Gallup finds that more Americans view deficits and debt as a top priority.
How much more deficit reduction do we need? CRFB makes the case that simply stabilizing debt as a share of the economy over the next decade is not enough, especially if the economy doesn’t grow as expected.
Even if tax cuts for the wealthiest expire, lots more debt savings will be required. Read more at http://crfb.org/document/report-what-we-hope-see-fiscal-cliff-negotiations
A helpful breakdown of the components of the fiscal cliff. From our new brief on creating a two-stage process to replace the cliff. Check out more fiscal cliff resources at fiscalcliff.org
Some argue that plans to possibly replace the fiscal cliff like Simpson-Bowles and Domenici-Rivlin are worse than the cliff itself. Read the blog post that debunks this myth http://crfb.org/blogs/myth-buster-other-plans-are-much-worse-fiscal-cliff
Why is the national debt important? This infographic lays it out. For more info, visit here
On C-SPAN, former Sen. Judd Gregg recommended taking “the good ideas out of the Super Committee, the good ideas out of the Gang of Six, the good ideas out of the Biden Working Group, and use the basic Simpson-Bowles bill, repackage it and put it in a workable plan while communicating very aggressively with Members of Congress so they know what’s going on and don’t think that they didn’t have their fingerprints on it.”
(Source: c-span.org)
Mitch Daniels may not be on the presidential ticket, but his views on the national debt are still relevant. Watch him discuss the topic.
(Source: youtu.be)
In my years of polling, there has never been an issue such as the deficit on which there has been such a consensus among the public about its importance – and such a lack of agreement about acceptable solutions.
Watch JPMorgan Chase CEO Jaime Dimon discuss the need now for a fiscal plan like Simpson-Bowles in his Senate testimony yesterday.
(Source: c-spanvideo.org)
