How to Fix the Debt Without a Grand Bargain

Republicans have retreated twice this month on the fiscal front, but they aren’t giving up. After having been forced to swallow higher tax rates and a debt ceiling increase, they’ve regrouped behind a new demand: balance the federal budget in 10 years.


Read more: http://www.politico.com/story/2013/01/stopping-debt-growth-in-bite-size-stages-86827.html#ixzz2JNgoFRj6
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