Fiscal Summit Aims At Deep Gaps In Deficit Plans

by news on May 25, 2011

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Fiscal Summit Aims At Deep Gaps In Deficit Plans

Merrill Goozner/The Fiscal Times – And the fierce clashes between the Obama administration and Republicans on Capitol Hill over long-term spending and tax policy, and raising the debt ceiling, underscores that the deeply rooted philosophical differences will be hard to bridge.

A simple comparison of the AEI and EPI proposals, what one might call the responsible right-of-center and left-of-center poles of the debate, reveals the width of the gulf.

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