Economics

Pigs Fly as Washington Faces Up to Deficit Peril: Kevin Hassett

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Last week in Washington, beneath a flock of pigs flying south in a majestic V formation, the co-chairmen of President Barack Obama’s deficit commission released a plan that actually could solve the nation’s pending fiscal crisis.

At once radical and sensible, the plan establishes the two chairmen, Democrat Erskine Bowles and Republican Alan Simpson, as visionaries. If Obama wants to deliver the country from the malaise it finds itself in, he should heed the advice of his appointees.