Beyond the "fiscal cliff" -- We need a grand bargain

12/18/2012

Daniel J. Meckstroth, Ph.D., vice president and chief economist
The last few weeks have seen the opening bids in negotiations over a grand bargain to solve the short-term issue of the "fiscal cliff" and stabilize the long-term deficit-to-GDP ratio. The president wants half the entitlement cuts the Republicans prefer. Both sides, however, would cut the 10-year deficit by roughly the same amount. The president calls for $2 in revenue for every $1 in spending cuts and the Republicans are offering to agree on the opposite -- a $1 tax revenue increase for every $2 in spending cuts. Issues in Brief

View Full Article in:

http://www.mapi.net/beyond-fiscal-cliff%E2%80%94we-need-grand-bargain

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Manager, Technical Staffing
U.S. Cellular
Chicago, IL
Human Resource Director
Confidential
Salt Lake City, UT
Vice-President of Global Sales
Lindsay Corporation
Hartland, WI
Chief Operations Officer
Delta Community Supports
Blue Bell, PA
Administrative Management Specialist
Smithsonian Institute
Washington, DC