Tax Hikes Wrong Route to Take for Deficit Reduction Commission

Kathryn Nix /

Entitlements Will Consume All Tax Revenues by 2052

Earlier this year, after Congress passed an increase in the debt ceiling, was deliberating over a trillion plus health care package, and the President’s Budget promised new record deficits, the American people started to see a worrisome trend that pushed fiscal responsibility to the forefront of the public’s priorities.  President Obama responded by creating the National Commission on Fiscal Responsibility and Reform, a bipartisan commission tasked with submitting a solution to the nation’s fiscal woes by the end of the year.  Problem solved, right? (more…)