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Opinion: GOP A Party Without A Plan

Submitted by emalvini on Fri, 11/30/2012 - 13:54

Politics, General + Law(s)

November 30, 2012 9:00 AM

Yesterday, U.S. Treasury Secretary Timothy Geithner brought the President’s $2 trillion deficit reduction plan to the Senate.

It included $1.6 trillion in new revenue and $400 billion in entitlement reform to Medicare, as well as $50 billion in infrastructure spending that will put more Americans to work.

It should be noted that unemployment is one of the leading contributors to our deficit – putting Americans back to work will by definition reduce government spending and increase tax revenues across the board.