Why The Big, Dumb Spending Cuts Nobody Wants Are A Good Idea
Updated: 2012-09-17 17:58:25
Ezra Klein’s believes that it’s a horrible thing that the big, dumb spending cuts that nobody wants might actually happen: The initial idea was that if the supercommittee failed, there would be automatic spending cuts and automatic tax increases. This way, both parties would have an incentive to reach a deal. But Republicans refused the [...]