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America's True National Debt: $87 Trillion

Marc_H Wrote: Nov 28, 2012 11:03 AM
i just got an email from our CEO asking that we send an email asking for no cuts to medical research clearly this fool does not get it 1. there is no constitutional mandate to fund medical reaseach good idea, yes, required no i do not beleive it is even constitutional, except as a defense issue
Joseph64 Wrote: Nov 28, 2012 11:38 AM
I take it you work for a research laboratory of some kind? Everyone wants spending cuts except to the programs that they benefit from, and increases in taxes as long as they are someone else's taxes.
Marc_H Wrote: Nov 28, 2012 12:00 PM
i work for a major New England hospital system

This piece came out in yesterday's Wall Street Journal, but its content is too important to let it glide past without sufficient amplification.  Its authors are Chris Cox (a former Congressman and SEC Chairman) and Bill Archer (the former Chair of the House Ways and Means Committee).  Both were members of President Clinton's bipartisan commission on tax and entitlement reform in 1994.  As today's politicians bicker over the minutiae of a deal to avert the man-made disaster known as the "fiscal cliff," Cox and Archer warn that America is headed toward a far more dangerous precipice if our...

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