October 25, 2014

Critics Complain About Fiscal Cliff Compromise

January 1, 2013
Voice of America

Excerpt

A public interest group that has been urging Washington to do more to balance its spending and revenue, The Concord Coalition, said the Senate made "no hard choices" and solved "no difficult problems." The group's leader, Robert Bixby, said the deal did not solve the problem of rising costs for pension and medical care programs for the elderly, did not reform the tax system, delayed efforts to cope with scheduled drastic spending cuts, and did not address the need to raise Washington's legal limit on borrowing.