This shit has been denounced by the AFL-CIO and (separately) Grover
Norquist.  It's headed straight down the toilet.



On Wed, Nov 10, 2010 at 3:47 PM, Jim Devine <[email protected]> wrote:

> and so it begins?
>
> > Breaking News Alert
> > The New York Times
> > Wed, November 10, 2010 -- 1:06 PM ET
> > -----
> >
> > Panel Weighs Deep Cuts in Tax Breaks and Spending to Narrow Deficit
> >
> > A draft proposal to be released Wednesday by the chairmen of
> > President Obama's bipartisan commission on reducing the
> > federal debt calls for deep cuts in domestic and military
> > spending starting in 2012, and an overhaul of the tax code to
> > raise revenue. Those changes and others would erase nearly $4
> > trillion from projected deficits through 2020, the proposal
> > says.
> >
> > The plan would reduce Social Security benefits to most future
> > retirees -- low-income people would get a higher benefit --
> > and it would subject higher levels of income to payroll taxes
> > to ensure Social Security's solvency for at least the next 75
> > years.
> >
> > Read More:
> > http://www.nytimes.com?emc=na
> --
> Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
> way and let people talk.) -- Karl, paraphrasing Dante.
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