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:


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

  • Targeting teachers

    The Hutchinson administration has riled the teachers union in the Little Rock School District.
    • Aug 16, 2018
  • Clarke Tucker challenges French HIll to series of debates

    Clarke Tucker, the Democratic candidate for 2nd District Congress, has called on Republican incumbent Rep. French Hill to reconsider his refusal to participate in a televised debate in September and to join him for a series of three debates.
    • Aug 15, 2018
  • Abduction suspect arrested during threatened jump from bridge

    Danny Trent Barrows, 38, wanted for abducting his child earlier in the week, was arrested Wednesday as he attempted to jump off an Interstate 49 bridge near Mountainburg.
    • Aug 15, 2018
  • More »

Readers also liked…

  • Women's March planned in Arkansas to mark Trump inauguration

    Speaking of Donald Trump and in answer to a reader's question: There will be a women's march in Arkansas on Jan. 21, the day after inauguration, as well as the national march planned in Washington.
    • Dec 30, 2016
  • The LR chamber does the public's business. Is it accountable? Blue Hog on the case.

    Matt Campbell, lawyer and Blue Hog Report blogger, has sent a Freedom of Information Act request to Jay Chessir, director of the Little Rock Regional Chamber of Commerce, and Mayor Mark Stodola related to the publicity stunt yesterday  built around withdrawing from the mayor's rash pronouncement that the city would seek an Amazon HQ2 project even though the city  didn't meet the company's criteria.
    • Oct 20, 2017
  • Your daily dose of Jason Rapert

    Sen. Jason Rapert really, really didn't like it when a KATV reporter asked him about the hypocrisy of his political arguments.
    • Feb 4, 2017

Most Viewed

Most Recent Comments

Slideshows

 

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