Thursday, November 11, 2010

That Debt Commission Report? Pass.

It's not the proposal about >$500K mortgage-interest deductions, nor cutting Pentagon spending, nor the 15 cents/gallon gas-tax increase.


It's that the Commission uses the 2008 Fed spending plan as a base, not-to-be-reduced number. All the rest of the "cuts" are simply cuts from projected increases.

Ryan's right: it's a start. But not, by any means, a finish.

1 comment:

J. Strupp said...

Wadding up this report and using it as ass wipe would be a "good start".

It's useless.

Obama outta have his head examined for creating this side show.