Esquire's deficit reduction plan gets an "F"

President Obama’s bipartisan deficit commission, which is scheduled to issue its report on the budget in December, has been criticized for being stacked with conservative deficit hawks, including its co-chairs Alan Simpson and Erskine Bowles. In order to present an alternate view, Esquire magazine created its own "Commission to Balance the Federal Budget" made up of two retired Democratic senators, Bill Bradley and Gary Hart, and two retired Republican senators, John Danforth and Bob Packwood. Unfortunately, the Esquire plan fails to address the real problems facing the economy and the federal budget. Its irrational premises, omissions and biases may foreshadow those of the presidential commission’s report.

Read at Salon

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