As Supercommittee Fails, New IPS Report Proposes Better Budget Reforms
While the Supercommitee appears ready for failure, new report lays out reforms worth $824 billion per year – seven times the supercommittee’s mandate.
While the Supercommitee appears ready for failure, new report lays out reforms worth $824 billion per year – seven times the supercommittee’s mandate.
From start to finish, this budget is a smoke screen obscuring a dangerous far-right agenda.
After promising his budget proposal would stick closely to the bipartisan deficit reduction commission’s recommendations, his actual blueprint looks like a work of ideological posture of his own creation.
Let’s define budget cuts as spending less next year than this year. Nothing else should qualify.
Obama’s debt Commission’s plan is a Trojan Horse that would make GOP dreams of curbing corporate liability come true.
With pressure to slash the 1.3 trillion-dollar federal deficit rising sharply, the public debate over whether to exempt the Pentagon from such cuts is moving rapidly toward centre-stage.
No sane politician would vote for any of the changes the commission headed by Bowles and Simpson is recommending, unless he or she is planning to retire early.
The Deficit Reduction Commission surprises with recommendations to reduce the Pentagon budget.
The military spending cuts proposed by the Deficit Reduction Commission is both good and bad for a truly sustainable defense budget.