Peter Suderman on Balancing the Budget

25a3ama Boehner McConnell credit WhiteHouse Flickr Peter Suderman on Balancing the Budget

With deficits exceeding $1 trillion and federal
debt at $16 trillion and rising, Washington’s budget wars have once
again intensified. Just a few months into President Barack Obama’s
second term, House Republicans and the White House already have
engaged in heated showdowns over the fiscal cliff, the federal debt
limit, and “sequestration,” a package of spending cuts that emerged
as a result of a 2011 debt limit faceoff. But while both
Republicans and Democrats say they want to cut deficits and debt,
at least eventually, writes Peter Suderman, so far there has been
little progress, and recent proposals to balance the budget seem as
flawed as ever. View this article.

See the original article here – 

Peter Suderman on Balancing the Budget

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