WASHINGTON -- If you've wondered why it's so hard to subdue budget deficits, you should consult a new study from the Congressional Budget Office called "Reducing the Deficit: Spending and Revenue Options" (free at www.cbo.gov). You'll learn from its 240 pages that the deficits definitely can be curbed. The CBO presents 105 policies (it doesn't endorse them) that would shrink deficits by trillions of dollars over the next decade. You'll also learn -- surprise! -- that most choices are political poison. Suppose we increased the federal gasoline tax by 25 cents...
Source: http://www.realclearpolitics.com/articles/2011/04/25/the_first_adult_--_awol_109644.html
news of the world world news live world current news economic news news world
Interesting blog - good mix! Jack
ReplyDelete