deficit commission

Nine Deficit Myths We Cannot Afford

Lynn Parramore is the editor of New Deal 2.0, the website of the Franklin and Eleanor Roosevelt Institute.


The national debate over fiscal responsibility and sustainability is entering a new, critical phase. With so much at stake, the time has come to examine our fundamental assumptions about government deficits and debt. It’s time to consider alternative perspectives before we rush down potentially destructive policy paths that could compromise our future. The Roosevelt Institute’s New Deal 2.0 asked seven economic thinkers to address what they see as the most dangerous myths currently circulating on the deficit. more »

Isaiah J. Poole's picture

The $1.1 Trillion In 'Spending' That Shouldn't Escape The Budget Knife

Most discussions about addressing the country's budget deficit essentially leave out a $1.1 trillion slice of the federal government. more »

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Social Security, Ageism and the President's Fiscal Commission

Co-authored by Eric Kingson, Nancy Altman and Lori Hansen.


The President's Fiscal Commission is off to a very bad start. And it hasn't even met!

The rhetoric of the President's choices to chair this important commission, Erskine Bowles and Alan Simpson, endangers Social Security and suggests insensitivity to 40 million older Americans. more »


Bill Scher's picture

"Deficit Reduction Blindness" Syndrome Plaguing New York Times

There's a strange affliction impairing several New York Times reporters, Deficit Reduction Blindness. The syndrome blocks your ability to see a government reduce a budget deficit without also seeing massive pain inflicted upon its people. more »

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Nathan Tabak's picture

News Flash: Americans Remain Overwhelmingly Opposed to Social Security Cuts

When opponents of Social Security speak out in favor of eviscerating the program, they rarely do so with the candor of Colorado Republican Rick O’Donnell. Don’t remember him? more »

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Dean Baker's picture

Deficit Commissions and Financial Transactions Taxes: Who Is Serious?

Cross posted from Truthout more »

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Nathan Tabak's picture

Obama's Deficit Commission: No Friend of Social Security?

You might think that President Obama and his team would be taking a decisive stance in favor of maintaining a wildly popular, progressive program that was one of his Democratic predecessors’ greatest policy achievement. more »

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Dave Johnson's picture

Dear Deficit Commission, It's Not Hard

Dear Deficit Commission,

It's not hard to figure out why we have a huge deficit. It's so easy I don't have to use words. Here are some pictures:

Clinton_Bush_Deficit

Bill Clinton raised taxes on the rich. Bush cut them.

Now, about that huge national debt... more »

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Matthew Skomarovsky's picture

Obama Packs Debt Commission with Social Security Looters

This post originally appeared on AlterNet.org. more »

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Dave Johnson's picture

Calls To Cut Social Security At Same Time As $140 Billion In Bank Bonuses

The President is setting up a "Deficit Commission." Many, especially on Wall Street, are demanding that Social Security -- the retirement program that people paid into all of their working lives -- be cut. They want it cut rather than start paying back what was borrowed from the trust fund and used to pay for tax cuts for the rich -- also especially on Wall Street. more »

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