October 26, 2014

With Tax Deal, U.S. Is Off the Cliff But Not Out of the Woods

January 3, 2013
The Kansas City Star (McClatchy Newspapers)

Excerpt

“The main accomplishment of this bill was to make permanent most of the Bush tax cuts, and the Republicans seem to be ticked off about it and the Democrats are crowing about it. If you go back to 2007, this would have seemed like Alice in Wonderland,” said Robert Bixby, the executive director of the Concord Coalition, a nonpartisan budget-watchdog group. “If you see it as an attempt to deal with the long-term structural deficit, it’s a near failure.”


Read more here: http://www.kansascity.com/2013/01/02/3991968/with-tax-deal-us-is-off-the-cliff.html#storylink=cpy