A Fiscal Warning From Two Former Budget Chiefs

NEW YORK (Reuters) - Two former budget chiefs who worked for presidents from opposing political parties said on Monday that the government should reduce military spending, scale back Social Security payments and end decade-old income tax cuts to reduce the federal deficit.

Topics:  york reuters     two   social security   budget chiefs   reduce   
ASK NEWS:
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BING NEWS:
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  • Counties sound warning over drop in sales-tax revenue
    5 percent growth in order to reach 2015 budget projections,” she said in a statement. “The county will continue to monitor sales tax closely and take appropriate fiscal measures as necessary.” Statewide, sales-tax receipts were up 1.6 percent over ...
    07/29/2015 - 10:06 am | View Link
  • Gov’T Fiscal Policy Like ‘Filling Bucket With Hole At Bottom’
    “But taking into account VAT at about 3 per cent of GDP, even with it we’re not going to get there [a balanced Budget ... term to accompany VAT, warning that the new tax alone would not restore the Bahamas to “fiscal and debt sustainability.
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  • Johnstone: Harper’s fiscal plan falling apart
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BING SEARCH:
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