2012-09-19reuters.com

``In any event, either potential occupant of the White House in 2013 would reshape the post-cliff budget within months. For Republicans, it is too heavy on tax revenue rather than cost cuts -- though the Budget Control Act would lop $55 billion a year off both defense and non-defense spending. But the starting point would be closer to a sustainable path. The more cost-cut-weighted proposals of Obama's 2010 fiscal commission -- rejected by both the president and Romney's running-mate Paul Ryan, a commission member -- might even find new support.''



Comments: Be the first to add a comment

add a comment | go to forum thread