Topic: Alice Rivlin

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Deficit commission: Four things both sides may agree on

Key Democrats and Republicans on the commission voiced agreement on some important things during the panel's public meeting Wednesday.

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Keen on slashing the national debt? Ron Paul is your man.

Ron Paul ranks as the one candidate among four whose announced policies would leave America with a lower national debt than it would have under a status quo course, according to a new analysis.
Tax VOX
A Medicare reform plan that just might work

Democrat Ron Wyden and Republican Paul Ryan have announced a bipartisan plan to fix Medicare, on a day when Washington couldn't even figure out how to keep the government running
Five days left: Would failure by budget super committee matter?

As the “super committee” deadline approaches, some say it won’t be disaster if the panel fails to deliver. The battles will just be fought again after the next election – and maybe then the side with the best ideas will have more political clout.
Economist Mom
Zen deficit reduction?

The American public may have just convinced Congress to do a better job in negotiating deficit reduction the next time around
Medicare: How Paul Ryan's budget would change it

Medicare would be transformed under Rep. Paul Ryan's 2012 budget released Tuesday. Future Medicare recipients would get fixed payments to purchase private insurance.
Tax VOX
Ease corporate tax by hitting up shareholders

A higher tax on investors and a lower tax on corporations could keep more investments in the US.
Tax VOX
Could a voucher system replace Medicare?

If Democrats can stop defending Medicare, and Republicans allow the 2010 health law to take effect, a voucher system might work.
What happens if Congress doesn't rein in national debt?

With the national debt at 90% of gross domestic product, the US could face a crisis if creditors raise interest rates, experts say.
Economist Mom
Cockeyed optimists and the federal budget

Will congressional Republicans and President Obama reach a budget deal this year?
Robert Reich
Budget cuts pour gas on Republican flame

The coming debate over spending cuts has nothing to do with reviving the economy.
Medicare: Time to privatize? GOP ponders.

Medicare could be replaced with a fixed payment to buy private insurance, according to one Republican proposal.
To keep youth vote, Democrats should repeal Obamacare

Forcing young people to buy expensive health insurance (and subsidize the old and sick) isn't good for the Democrats, and it isn't good for young people.
US debt: We can run, but we can't hide (Obama tax deal or not)

Tackling the $13.8 trillion federal debt isn't a partisan issue. It's a matter of America's future prosperity. Extending Bush-era tax cuts may make economic sense now, but President Obama and Congress must come together and make tough decisions to cut spending and raise revenue.
Q&A with Congressman Paul Ryan

At a Dec. 2 Monitor breakfast, soon to be House Budget Committee chairman Rep. Paul Ryan (R) of Wisconsin discussed what he likes in the National Commission on Fiscal Responsibility and Reform's final report, but why he planned to vote against it.
Is deficit commission wrong? Critics say there's no national debt crisis.

President Obama's deficit commission says the national debt requires urgent action. But economists are split on that basic premise.
Deficit commission's work is finished. What happens next?

A 60 percent majority on Obama's bipartisan deficit commission say they approved the co-chairs' recommendations, not enough to force a vote in Congress. Will their work have an impact?
Tax VOX
Don't believe the hype: The deficit proposals are plenty progressive.

Let's agree on the facts, regardless of the politics: the Bowles-Simpson plan and Rivlin-Domenici plan will raise taxes on the rich. Not marginal tax rates, but average tax rates.
After the deficit commission, on to Plan B

Without 14 votes in favor, the deficit commission draft plan won't be formally recommended to Congress. That will mean considering pieces of it, or other ideas, to reduce the deficit.
Deficit commission: Four things both sides may agree on

Key Democrats and Republicans on the commission voiced agreement on some important things during the panel's public meeting Wednesday.
Why Paul Ryan will vote 'no' on deficit commission report

Rep. Paul Ryan (R) of Wisconsin praised Obama's debt commission report at a Monitor Breakfast Thursday, but said he wouldn't vote for it because it fattened health care.
Why Obama's latest bid to control national debt might not change anything

Alan Simpson and Erskine Bowles, co-chairs of President Obama's deficit commission, hope their final report will start an 'adult conversation' about the national debt. But members of Congress might have too much to lose politically to back the report.
Tax VOX
Debt reduction plan helps childless workers

Debt reduction plan would allow federal aid to flow to low-income families without children.
Economist Mom
Since when is a payroll tax holiday responsible? Since Alice said so.

A payroll tax holiday could give a short-term boost to the economy, while other parts of Alice Rivlin's plan would raise revenue.
Tax VOX
Want a vacation from paying taxes? BPC takes on the deficit.

The Bipartisan Policy Commission has released a tax reform plan that slashes spending and reinvents tax policy: starting with a year-long payroll tax holiday.
Will Obama take lead on national debt and budget deficit?

Commission’s draft proposal on cuts and taxes to slash national debt has riled partisans on both sides. Next major move is President Obama’s.