Thursday, August 2, 2012

Economist: There’s A ‘Wide Consensus Among Economists’ That America Needs To Raise Taxes To Reduce Deficit

Economist: There’s A ‘Wide Consensus Among Economists’ That America Needs To Raise Taxes To Reduce Deficit: There is broad economic consensus among economists that the United States will eventually have to raise taxes to pay down the federal debt, economist Betsey Stevenson said in an interview with ThinkProgress. Raising taxes needed to be a part of the equation — along with spending cuts — to pay down the debt if America [...]/p