Posts Tagged ‘Alan Simpson’

Bowles-Simpson II: A New Plan to Avoid the Sequester

With 10 days to go until the dreaded sequester—the automatic across-the-board spending cuts that most lawmakers profess to hate—the Washington drama machine is starting to get in gear. Today, President Obama stood in front a group of uniformed first responders and warned darkly of layoffs if the spending cuts kick in. At the same time, […]

The Bowles-Simpson and Romney Tax Plans Have Almost Nothing in Common

In the recent contretemps over Mitt Romney’s tax plan, some Romney partisans have asserted that the Massachusetts governor’s revenue plank mimics the tax elements of the deficit reduction plan proposed in 2010 by Erskine Bowles and Alan Simpson, the chairs of President Obama’s deficit fiscal commission. This claim is absurd. These two proposals could hardly be […]

Bowles-Simpson Budget Reform and Ecstatic Memory

Have you noticed that as the details of the tough budget reform proposed by Alan Simpson and Erskine Bowles fade into memory, more politicians are embracing the plan developed by the chairs of the 2010 White House fiscal commission? Oh, they don’t love the real plan—barely any elected official had a kind word to say […]

It’s Time Stop Squabbling about the Bush Tax Cuts

As long as politicians keep squabbling about what to do about the Bush era tax cuts, we are doomed. There will be no serious deficit reduction. There will be no tax reform. There will be nothing but the same old partisan arguments. Don’t believe me? Just listen to the chatter coming out of the failed deficit […]