Here are the links.
George Will | Liberals See the Fiscal Cliff as an Opportunity
For 40 years the party’s principal sources of energy and money — liberal activists, government-employees unions — have advocated expanding government’s domestic reach by raising taxes and contracting its foreign reach by cutting defense. Obama’s four years as one of the most liberal senators and his four presidential years indicate that he agrees.
J. Melchior | Taxing Millionaires Won’t Solve the Deficit Problem
America’s deficit problem can’t be solved simply by taxing the rich. Regardless of which definition of “millionaire” is applied, the tax revenue just doesn’t cut it. Furthermore, while Obama has stated that his purpose in calling for higher taxes is to reduce the deficit, it’s reasonable, given his history, to expect that much of any new revenue will go to spending, not deficit reduction.
But it’s a mistake to think that health care spending has to be cut right now. Strange as it sounds, the best strategy for reducing the deficit might be to delay making those reductions—at least until we know whether we need to make them at all.
Washington Examiner | Bowles: We Are Going to Go Over the Fiscal Cliff
“I believe the probability is that we are going over the cliff and I think that will be horrible. It will be devastating to the economy,” he said at a breakfast hosted by the Christian Science Monitor this morning.
Senator Durbin | Sen. Durbin: Fiscal Cliff Shouldn’t Include Entitlement Reform
Changes to the program shouldn’t be rushed as part of an effort to avoid the so-called fiscal cliff.