Tax Now, Promise to Cut Spending Later: ; the Nation Watches Washington Run Off the Cliff
Charleston Daily Mail › July 20, 2011
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Summary
SEN Tom Coburn, R-Okla., on Monday unveiled a plan to cut the federal deficit by $9 trillion over the next 10 years, or so it was described by Bloomberg News.
His plan does not do that.See the full content of this document
Extract
Tax Now, Promise to Cut Spending Later: ; the Nation Watches Washington Run Off the Cliff
The $14 trillion national debt will not be $5 trillion in 2021 under his plan.
Likewise, President Obama's plan to cut the deficit by $4 trillion in 12 years ...See the full content of this document
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