Debt commission hard at work, but faces special interest hurdles

[30ashopper]

Amid that partisan backdrop, people in both parties say they have been surprised that the 18-member National Commission on Fiscal Responsibility and Reform reached an early consensus to put all three major budget parts on the table: taxes, annual spending for domestic and military programs, and the entitlement benefit programs Social Security, Medicare and Medicaid.

?We?re going to put a very serious proposal out there that lots of people will find areas to pick at,? Mr. Bowles said. ?But in total it will address this deficit problem that we face, and will lay a predicate out there for what the country has to do to get its fiscal house in order.?

http://www.nytimes.com/2010/11/02/us/politics/02fiscal.html

Everything is on the table, including entitlements, military spending, tax breaks, the whole works.

 

[Matt J]

http://www.nytimes.com/2010/11/02/us/politics/02fiscal.html

Everything is on the table, including entitlements, military spending, tax breaks, the whole works.

It's about time!