Tuesday August 4, 2020
| Última actualización: Tuesday at 7:19 AM

Deficit Commission Chairs’ Proposals Open the Doors to Even More Austerity for Working People

by Masao Suzuki |
11/15/10
Read more articles in

On Nov. 10, former Colorado Republican Senator Alan Simpson and Erskine Bowles, investment banker and Morgan Stanley board member, released a draft report on deficit reduction. Both are co-chairs of the bipartisan deficit reduction commission appointed by President Obama. Their recommendations have been widely slammed by labor union and other progressives for good reason: The recommendations open the doors to even more austerity for working people while proposing lower tax rates for the well-to-do.

Syndicate content
inspector