comparemela.com

revert back to what it was in the 1990s. we need do that. because we do need to address our long-term fiscal problems. our deficit is too high and our debt load too wide and we have to address that in part by higher taxes. in my view, addressing the long-term fiscal situation would be most appropriate by restraining spending growth but tax increases are part of that and tax increases on upper income individuals has to be part of that. when the economy is off and running i think we should raise rates. but not in 2011. i think the recovery that the point is still too fragile. >> bret: treasury secretary geithner seems to be moving faster on that. he said, "the country can withstand that, the economy can withstand that, i think it is good policy." liz, is it good policy now? >> this is just not a good idea right now. i'm with mark on this.

Related Keywords

Part ,View ,Deficit ,Taxes ,Fiscal Problems ,Debt Load ,1990 ,Economy ,Situation ,Tax ,Running ,Individuals ,Spending Growth ,Appropriate ,Rates ,Income ,Increases ,Point ,Bret ,Recovery ,Treasury Secretary Geithner ,2011 ,Country ,Policy ,Idea ,Liz Claman ,

© 2024 Vimarsana

comparemela.com © 2020. All Rights Reserved.