Overview for deficit-reduction

$1.2 Trillion in Cuts Still Avoids Hard Choices

Gloom has descended on the work of the Joint Select Committee on Deficit Reduction (JSC) as the Nov. 23 deadline for its work nears. As JSC Co-Chair Jeb Hensarling said over the weekend, it has been a roller-coaster ride. Republicans have made offers; Democrats have made offers. Both long-term …

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Written by Steve Bell on Tuesday November 15, 2011

The Jobs Report is Awful, but a Default is Worse

While the latest jobs report is dismal, it is no excuse for Republicans to have no plan or their own or to push for a default. The latest jobs report is truly dismal in that it shows a slight gain in jobs. However, it isn't the "death blow" or sure sign of a double-dip recession that might send …

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Written by Eli Lehrer on Friday July 8, 2011

Norquist Loses in Ethanol Subsidy Fight

During the debate over ending ethanol subsidies, Tom Coburn was the fiscal conservative while Grover Norquist was a fiscal phony. The media largely framed the debate over ethanol subsidies between Senator Tom Coburn and Americans for Tax Reform president Grover Norquist as a contrast between two …

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Written by J.D. Hamel on Friday June 17, 2011