Our Financial Advisors sent us a newsletter with a lot of information on the whole Federal Debt/Debt Ceiling fiasco. It included a link to The Moment of Truth: Report of the National Commission on Fiscal Responsibility and Reform.
I can get behind most of their recommendations, although I think we need to aim higher (or lower, depending on your POV) than a "mere" $4 Trillion reduction in debt by 2020.
OTOH, I'm leery of any suggestion that tax rates should be "more progressive", even if rates overall are reduced, and the phrases "increase progressivity/more progressive" keep popping up.
Increase the gasoline tax fifteen cents? Are you mad?
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