Deficit commission's shortcomings | Arkansas Blog

Friday, November 12, 2010

Deficit commission's shortcomings

Posted By on Fri, Nov 12, 2010 at 6:13 AM

Paul Krugman says the deficit-commission was stacked rightward from the start and the results show, with tax cuts for the wealthy and tax increases (through the loss of such popular deductions as home mortgage interest) for the middle class. Tax cuts, indeed, are a higher priority on the group's draft proposals than deficit reduction, he notes. There's also the matter that a big portion of the prediction for balancing the budget rests on reducing the growth in health care costs. How will they do that? No ideas offered yet, but I can guess. Government cuts more people adrift.

On the other end of the spectrum,
tea party types don't like the plan because it includes tax increases.

File this away under gridlock, sounds like.

Tags:

From the ArkTimes store

Favorite

Comments (16)

Showing 1-16 of 16

Add a comment

 
Subscribe to this thread:
Showing 1-16 of 16

Add a comment

More by Max Brantley

  • The assault weapon open line

    The open line. And report of the arrest of a man with an AR-15 who threatened to shoot people at a Springdale business.
    • Feb 17, 2018
  • A primary challenger for Rep. Laurie Rushing

    Blue Hog Report has some news on a Republican primary challenge of an incumbent legislator, Rep. Laurie Rushing, by Ernie Hinz of Hot Springs.
    • Feb 17, 2018
  • A common-sense gun measure draws no sponsors from Arkansas

    Republicans, including at least one from Arkansas, are talking about repealing the Dickey Amendment which prohibits gun research from a public health perspective. But none of them are yet willing to DO anything about it.
    • Feb 17, 2018
  • More »

Readers also liked…

Most Shared

  • A mayor stands up against freeway widening. No. Not in Little Rock.

    Another booming city, Indianapolis, fights ever wider urban freeways. Meanwhile, back in Little Rock .....
  • In the margins

    A rediscovered violin concerto brings an oft-forgotten composer into the limelight.
  • Donald Trump is historically unpopular — and not necessarily where you think

    My colleagues John Ray and Jesse Bacon and I estimate, in the first analysis of its kind for the 2018 election season, that the president's waning popularity isn't limited to coastal cities and states. The erosion of his electoral coalition has spread to The Natural State, extending far beyond the college towns and urban centers that voted for Hillary Clinton in 2016. From El Dorado to Sherwood, Fayetteville to Hot Springs, the president's approval rating is waning.
  • Arkansans join House vote to gut Americans with Disabilities Act

    Despite fierce protests from disabled people, the U.S. House voted today, mostly on party lines, to make it harder to sue businesses for violating the Americans with Disabilities Act. Of course Arkansas congressmen were on the wrong side.

Most Viewed

  • The assault weapon open line

    The open line. And report of the arrest of a man with an AR-15 who threatened to shoot people at a Springdale business.

Most Recent Comments

  • Re: The assault weapon open line

    • Sorry, please ignore my post above, I had the wrong page in the "paste" position…

    • on February 17, 2018
  • Re: The assault weapon open line

    • Those kids give me hope to keep fighting the idiotic laws passed by the NRA…

    • on February 17, 2018
  • Re: The assault weapon open line

    • The level of "proud to be ignorant" folks seems to increase everyday critical thought, reason,…

    • on February 17, 2018
 

© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation