Save Social Security: Paul Krugman for Treasury Secretary
7 January 2013 at 8:47:40 PM
From Truth-out.org: "Many American liberals and economic populists are on guard in the wake of the fiscal cliff deal between Congress and the President on taxes and revenue because what Washington expects to negotiate in the next two months is cuts. With the automatic Pentagon cuts of the "sequester" postponed, rather than canceled, we're still operating in the framework of the Budget Control Act, which mandates $1.2 trillion in reduced projected government debt over 10 years. The deal on revenue took care of half of that. The Washington understanding is that the other half will come from cuts.