Ten Flash Points In The Fiscal Commission Chairmen's Proposal

[cal04]

Ten Flash Points In The Fiscal Commission Chairmen's Proposal
Dan Froomkin
http://www.huffingtonpost.com/2010/11/10/deficit-commission-proposal_n_781905.html#s179447

The two deficit-hawk extremists President Obama put in charge of his fiscal commission released their personal suggestions for cutting the federal budget deficit on Wednesday. And while it's quite possible that not a one of them will make it into the commission's official recommendations, which require the approval of 14 or the 18 commissioners (not just two), the document will inevitably be welcomed as a "serious" contribution to the debate - at least by Republicans and conservative Democrats.

But taken as a whole, the plan authored by Erskine Bowles and Alan Simpson would have devastating effects on the government and its ability to help the most vulnerable in our society, and it would put the squeeze on the middle class, veterans, the elderly and the sick - all in the name of an abstract goal that ultimately only a bond-trader could love. It also contains outrageous assumptions and oversights.

Here are the top 10 flash points:

It Would Cut Social Security Benefits For Current And Future Retirees

More at link

[msongs]

1. more bipartisanship that is all republican nt

[hay rick]

4. Two parties in bipartisan:

Republican and wannabe Republican. Thanks for nothing Barack!

[pa28]

2. The majority of Americans will lose skin in this deal. Except Simpson and Bowles.

On the surface at least it looks like the only change for them will be a massive tax cut.

[bemildred]

3. This is all a stalking horse, bullshit for the Rubes.

We will be "saved" from this, at great expense.