November 22, 2014

U.S. Budget Deal May Hinge On Ending Debate on Bush Tax Cuts

November 20, 2012
MNI

Excerpt

"I think we should stop arguing about the Bush tax cuts," says Bob Bixby, executive director of the Concord Coalition, a budget watchdog group.

"We've been arguing about them for about 12 years now and I don't think a lot of minds are changing. The debate should move forward and consider fundamental tax reform. It's a far more productive debate to have. When you connect tax reform with entitlement reform, you can actually help solve a lot of our fiscal problems," he says.

Bixby said that a critical test of the coming talks is if they are able to sidestep -- or enlarge -- the debate on the Bush tax cuts and focus instead on overall revenue levels.