Uncategorized

Bowles fiscal commission releases draft report

The White House fiscal commission co-chairs Erskine Bowles and Alan Simpson released a draft report of deficit reducing proposals.

As TalkingPointsMemo says:

Their recommendations are more or less a list of the third-rail issues of American politics, including cuts in the number of federal workers; increasing the costs of participating in veterans and military health care systems; increasing the age of Social Security eligibility; and major cuts in defense and foreign policy spending.

The first recommendation should be: don’t touch health reform. But the recent election demonstrates why these proposals will be nearly impossible to enact. The commission recommends capping Medicare and Medicaid growth and quickly cutting Medicare Advantage payments. Republicans absolutely railed against health reform provisions that are much milder than this. That led Sen. Richard Burr to claim that reform “steals” $500 billion from Medicare.

I don’t see much of this list making into legislation.

Check Also

Context is key for understanding Insurance Commissioner’s Affordable Care Act comments

Many people were surprised to see a story ...

Top Stories from NCPW

  • News
  • Commentary

Right now in Shenzhen, which, with 12 million people is the fastest-growing city in China, a young c [...]

On Tuesday, Senate President Pro Tem Phil Berger—one of the state’s most powerful Republican politic [...]

Unsurprisingly, the agenda for the General Assembly's "short session" that commences [...]

Hundreds of North Carolinians turned out over the weekend to run a jagged race around downtown Ralei [...]

When I headed off to college, I could not have predicted that many of the funding streams, positions [...]

For those who pay only periodic attention to the ins and outs of lawmaking in the North Carolina Gen [...]

The post Know your ‘Thug’ appeared first on NC Policy Watch. [...]

In the classic movie film, Gone with the Wind, the owner of the Tara plantation admonished his daugh [...]

Now hiring

NC Policy Watch is now hiring a Managing Editor – click here for more info.