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  • Congress's Missing Vision

    12/26/2003 1:08:02 PM PST · by Willie Green · 5 replies · 129+ views
    The New York Times ^ | December 25, 2003 | editorial
    For education and discussion only. Not for commercial use. Congress's main budget adviser has looked years into the future and concluded that the nation cannot afford its overheated present as Republicans continue cutting taxes, enriching spending and rolling ever larger debts a decade over the horizon. "Fiscal autopilot is not an option," warned Douglas Holtz-Eakin, director of the Congressional Budget Office in a no-nonsense estimate of serial budget imbalances to come. Unless the deficit-and-tax-cut-happy Congress begins to put the brakes on now, future Americans will most likely be caught in an impossible crunch of historically higher taxes and plummeting health...