Barbara O’Brien, Mahablog.com: “What’s worse, there appears to be a kind of circling of the wagons in Washington, protecting the Commission from the wild mob outside the Beltway that is reacting against it. Already media is hinting that anyone who is adamantly opposed to gutting Medicare or raising the retirement age is an extremist, whereas reasonable people are soberly considering these things because they have to make tough choices (i.e., tax cuts for the rich and erosion of the social safety net).”
2. Insufficient taxes
Matt Yglesias, ThinkProgress.orig.: “The flipside of the Simpson-Bowles document’s unsound aggregate cap on revenue is that they were very uncreative in their exploration of revenue options. For example, what about a tax on greenhouse gas emissions? … The federal alcohol tax’s inflation-adjusted value is currently much lower than it was in the 1950s even though the country as a whole is much richer. Mark Kleiman observes that putting it back up closer to where it was ‘would bring in on the order of $15 billion a year. …’ “
1. Nancy hates it
Soon-to-be-former Speaker of the House Nancy Pelosi: “This proposal is simply unacceptable.”
David Mastio is deputy editorial page editor of The Washington Times.