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A presidential commission’s leaders proposed a $3.8 trillion deficit-cutting plan that would cut Social Security and Medicare, reduce income-tax rates and eliminate tax breaks including the mortgage-interest deduction
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Story
here
Sounds like a starting point to discuss thing. Points I don't like- removes the mortgage interest tax break, think that will hurt the middle class more then anyone else. And it doesn't appear to address any military spending cuts. Points I like- increase the retirement age for SS and cuts earning on holdings. Though I think we need to start doing this way before the dates they've supplied.
Thoughts?