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It’s become popular for liberal commentators to argue that conservatives aren’t really serious about the deficit, but today liberal fiscal commission member Rep. Jan Schakowsky revealed her vision for deficit reduction, and its a doozy. Her proposal is mostly comprised of slashing military spending and hiking taxes, but also manages to expand government in other ways. She calls for a government-run health care plan (or public option), having the government “negotiate” drug prices, and for $200 billion in more economic stimulus spending. Her plan would hike capital gains taxes and payroll taxes in the midst of a severe economic downturn. And the plan does not address the long-term challenges facing Medicare financing. Read it for yourself here.

View all comments (3) |

PattyMor| 11.16.10 @ 2:51PM

Ole' Jan is a proud member of the Progressive caucus. Let's just cut through the mumbo jumbo,
this is a "code" word for Marxist/Communist.

Too bad Joel Pollack couldn't beat her especially after she was electioneering.

sarah| 11.17.10 @ 11:56AM

the GOP has its Deep South Firewall. The Dems have New York and California. Obama won Virginia and Ohio in 2008. McCain lost Indiana. The GOP candidate to win must win Virginia, Ohio, and most probably Pennsylvania without losing states like West Virginia or Florida. It would help to pick up either a Colorado, Wisconsin, or Michigan. Can any of these canidates pull that off?
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More Blog Posts by Philip Klein

http://spectator.org/blog/2010/11/16/what-liberal-deficit-reduction

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