Friday, January 11, 2013

For Balanced Deficit Reduction, The Next Budget Deal Must Be 90 Percent Tax Revenue

For Balanced Deficit Reduction, The Next Budget Deal Must Be 90 Percent Tax Revenue: Between the recent fiscal cliff deal, the Budget Control Act of 2011, and the federal budget negotiation of Spring 2011, the United States has succeeded in reducing its deficits for the next decade by over $2 trillion. The first brought in over $600 billion in new revenue, while the two budget deals cut over $1.5 [...]/p