President Rejects His Bipartisan Commission

The financial bargain struck final night makes i affair clear: President Obama must convey actually hated the recommendations of the bipartisan Bowles-Simpson committee that he appointed. The committee said that we needed to reform entitlement programs to rein inwards spending as well as that increased taxation revenue should come upwardly inwards the course of pedagogy of base of operations broadening as well as lower marginal taxation rates. The bargain appears to offering no entitlement reforms, no taxation reform, as well as higher marginal taxation rates. After all the populace give-and-take over the by couplet years of what a skillful financial reform would await like, it is difficult to imagine a bargain that would be less responsive to the ideas of bipartisan policy wonks.
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