One logical way to help deal with the crisis of funding Social Security and Medicare is to have more workers per retiree, Reich writes, and the simplest way to do that is to allow more immigrants into the United States.
The Bowles-Simpson framework seems a plausible alternative to the current game of sequester-and-gridlock, Gleckman writes.
Debt-fighting duo Erskine Bowles and Alan Simpson, who led Obama's bipartisan debt-reduction panel, speaking at a Monitor breakfast Wednesday warn partisans in Congress against going over the fiscal cliff in a bid to gain a political advantage.
Former chairs of Obama's debt commission, Alan Simpson (R) and Erskine Bowles (D), said at the Monitor breakfast Wednesday they see just a one-third likelihood that the White House and congressional Republicans will reach a deal by year's end to avert the fiscal cliff.
The campaign of GOP presidential candidate Mitt Romney has criticized the Tax Policy Center for new research that provides evidence that a deduction cap is a pretty good, though insufficient, idea, Gleckman writes.