Tag Archives: Simpson-Bowles

Projected Medicare Spending Over 2011-2020 to Fall by More than $500 Billion

The Center on Budget and Policy Priorities has projected Medicare spending over 2011-2020 to fall by more than $500 billion. This projection is important in the context that the Erskine Bowles and Alan Simpson called for approximately $300 billion in Medicare spending … Continue reading

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Obama’s 2012 Tax Ask in Comparison to Other Alternatives

How big is President Obama’s 2012 tax ask in comparison to other alternatives. Not so big, according to this chart by Ezra Klein.

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11 Shocking, True Facts about Simpson-Bowles

Via the Wonkblog: 1) Simpson-Bowles ends the the Bush tax cuts for income over $250,000. And note that they do that before they reform the tax code. The expiration of the tax cuts is built into their baseline. That way, … Continue reading

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The Economist on Romney: “Mr Romney is still in the cloud-cuckoo-land of thinking”

The Economist is an international publication with its first publication in 1843. Here’s what The Economist has to say about Romney’s economics: “Yet far from being the voice of fiscal prudence, Mr Romney wants to start with huge tax cuts … Continue reading

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Understanding Nobel Laureate Krugman 101, Well Maybe 601

Whether one agrees with Nobel-winning Princeton economist Krugman or not is not the point of this post. Instead I found a succinct summary of Krugman’s positions on a host of economic issues that I think does a great job of capturing … Continue reading

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