IMF Says U.S. Must Reduce Government Benefits By A Third And Raise Taxes By A Third

IMF Says U.S. Must Reduce Government Benefits By A Third And Raise Taxes By A Third

by Robert Lenzner, Forbes Staff

On PBS New Hour last night David Brooks, New York Times columnist, blasted the "fiscal cliff" deal for doing "nothing to address our long term debt and nothing to reform entitlements." The White House and the Congress "failed on every single front,leaving us worse off," he asserted. The solution, Brooks emphasized, [...]http://www.forbes.com/sites/robertlenzner/2013/01/05/imf-says-u-s-must-reduce-government-benefits-by-a-third-and-raise-taxes-by-a-third/