Deficit commission showing no progress

By Robert Pear for the New York Times – With just five weeks until its deadline, a secretive congressional committee seeking ways to cut the federal deficit is far from a consensus, and party leaders may need to step in if they want to ensure agreement, say people involved in the panel’s work. The 12-member…

Read More

Whacking the Old Folks

By William Greider for the Nation – In setting up his National Commission on Fiscal Responsibility and Reform, Barack Obama is again playing coy in public, but his intentions are widely understood among Washington insiders. The president intends to offer Social Security as a sacrificial lamb to entice conservative deficit hawks into a grand bipartisan…

Read More