Five Myths About Cutting the Deficit

William G. Gale,
December 7, 2010

Budgets may be boring, but the stakes before us are exceedingly high. As
we go about reducing the deficit, who will pay which taxes? How will we
defend our country? And how will we treat our elderly?

Unfortunately, questionable thinking and outright distortions by
critics from across the political spectrum are getting in the way of
these and other difficult decisions.