Go Big, Mr. Obama - NYTimes.com:
"...What would it look like if the president was offering such leadership? First, he’d be proposing a deficit-cutting plan that matches the scale of our problem — one with substantial tax reform and revenue increases, a gasoline tax, deep defense cuts and cutbacks to both Social Security and Medicare. That is the Simpson-Bowles plan, and it should be Obama’s new starting point for negotiations. The deficit plan Obama put out last September is nowhere near as serious. “It is watered-down Simpson-Bowles,” said MacGuineas. “Most people don’t even know it exists.”
Second, he’d offer a plan in which the wealthy have to pay their fair share and more, because they’ve had a great two decades. But everyone, including the middle class, has to contribute something. This has to be a national effort. Third, he would offer a plan that is aspirational. It would not just be a roadmap to balancing the budget but to making America great again through reignited economic growth..."
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