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Balancing The Budget is a Progressive Priority

Balancing The Budget is a Progressive Priority

Don Taylor
0/5 ( ratings)
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Progressives need a balanced federal budget more than Conservatives, because we believe that government has an important role to play in modern life. Lack of a long term plan to move toward a sustainable budget crowds out short term Progressive priorities: infrastructure spending, green technology, education and needed governmental interventions in the short term to support and improve our weak economy.

The federal budget is unsustainable. For all the bluster of the debt ceiling debate, the plan passed so far does not address the changes most obviously needed if we are to ever have a balanced budget again: an increase in taxes and the next steps on health reform to address the biggest driver of our long term budget deficit, health care costs.

Slowing the rate at which health care costs are growing is a necessary, but not a sufficient condition to developing a long range balanced budget.You should ask any politician saying they think a balanced budget is a priority one question: what is your health reform plan? Without one, they have no hope of achieving their goal.

Our country needs a bipartisan way forward on health reform if we are going to ever have a balanced budget. The book provides a clear set of policy steps that are designed to enable both political parties to claim some credit, while also giving them both responsibility for the hard work of addressing health care costs in the future. We have no hope of a balanced budget without a way forward on health reform.

Before offering my health reform prescriptions, the book analyzes the root of our health care problems; addresses what health reform did and did not do; describes how the politics of health care reform never matched the policy reality of what was passed; and details how our cultural fear of death and inability to discuss limits in medicine enable the politics of health reform to be so potent.

The book concludes with other necessary details for a balanced budget: Social Security reform, Tax reform that increases tax revenue received while creating incentives for economic growth and job creation, and other spending cuts including Defense. The book describes the importance of picking a level of revenue and spending at which a balanced budget will be sought in the future. This is needed in order to make the spending and tax trade offs clear. I believe that seeking a balanced budget at 21 percent of GDP will be difficult, but feasible in the long run. These next steps are placed in the context of the political and economic upheaval that has defined our country for the past three years.

The Super Committee created by the debt ceiling deal will begin work in September, 2011 seeking further deficit reduction, and this book provides practical guidance for what the outline of a plan that could provide a realistic route to a balanced budget would look like.
Language
English
Pages
123
Format
Kindle Edition
Release
August 12, 2011

Balancing The Budget is a Progressive Priority

Don Taylor
0/5 ( ratings)
Read Download
Progressives need a balanced federal budget more than Conservatives, because we believe that government has an important role to play in modern life. Lack of a long term plan to move toward a sustainable budget crowds out short term Progressive priorities: infrastructure spending, green technology, education and needed governmental interventions in the short term to support and improve our weak economy.

The federal budget is unsustainable. For all the bluster of the debt ceiling debate, the plan passed so far does not address the changes most obviously needed if we are to ever have a balanced budget again: an increase in taxes and the next steps on health reform to address the biggest driver of our long term budget deficit, health care costs.

Slowing the rate at which health care costs are growing is a necessary, but not a sufficient condition to developing a long range balanced budget.You should ask any politician saying they think a balanced budget is a priority one question: what is your health reform plan? Without one, they have no hope of achieving their goal.

Our country needs a bipartisan way forward on health reform if we are going to ever have a balanced budget. The book provides a clear set of policy steps that are designed to enable both political parties to claim some credit, while also giving them both responsibility for the hard work of addressing health care costs in the future. We have no hope of a balanced budget without a way forward on health reform.

Before offering my health reform prescriptions, the book analyzes the root of our health care problems; addresses what health reform did and did not do; describes how the politics of health care reform never matched the policy reality of what was passed; and details how our cultural fear of death and inability to discuss limits in medicine enable the politics of health reform to be so potent.

The book concludes with other necessary details for a balanced budget: Social Security reform, Tax reform that increases tax revenue received while creating incentives for economic growth and job creation, and other spending cuts including Defense. The book describes the importance of picking a level of revenue and spending at which a balanced budget will be sought in the future. This is needed in order to make the spending and tax trade offs clear. I believe that seeking a balanced budget at 21 percent of GDP will be difficult, but feasible in the long run. These next steps are placed in the context of the political and economic upheaval that has defined our country for the past three years.

The Super Committee created by the debt ceiling deal will begin work in September, 2011 seeking further deficit reduction, and this book provides practical guidance for what the outline of a plan that could provide a realistic route to a balanced budget would look like.
Language
English
Pages
123
Format
Kindle Edition
Release
August 12, 2011

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