New York Times (August 7)
2011/ 08/ 09 by jd in Global News
There’s a sensible way to quickly cut $100 billion from the budget. The Times points to “two obvious and long overdue cuts: ending the web of tax breaks enjoyed by the rolling-in-dough oil industry and terminating the ethanol subsidy.” Over 10 years, eliminating these tax breaks “would save up to $100 billion…without hurting the poor and middle class or slowing the economy.”
