The pundits are all abuzz over the initial proposals to cut the deficit. The extremes on left and right are united in a spirit of condemnation: the left won’t broach cuts in social services, and the right can’t abide raising taxes. Since the entire committee won’t publish its formal proposals until December 1, these recommendations put forth by the co-chairmen Alan Simpson and Erskine Bowles are a trial balloon.
Tackling the Deficit: This Is Not Fun
