Posts Tagged ‘Tax Pledge’

“Key Elements to Lowering the Deficit”

This article was posted on The Huffington Post 9/6/11. To read it on HuffPo click on the link.

*********************************

Nearly everyone agrees — the deficit is a problem and must be fixed.

Fixing this recessionary deficit will take time. Lots of time… and sacrifice. Lots of sacrifice!

There is no agreement in Congress on how deficit reduction can be fairly accomplished but, honest discourse is an absolute necessity. A few reasonable adjustments could put deficit reduction on a positive path in the short-term. There is much more involved in developing a long-term solution, but it’s also easily achievable.

Short-term, seven key elements must be considered including raising taxes and closing loopholes to increase revenues. Anyone who tells you we have a spending problem, not a revenue problem, and refuses to raise taxes is either ignoring the truth or stupid.

What will it take to restore fiscal responsibility?

Read the rest of this entry »

Tags: , , , , , , , , , , , ,
Posted in Budget, Economy, Healthcare, HuffPost Articles, Jobs, Opinion, Politics, Rebalancing America, Taxes | Comments Off