Unserious People  —  OK, let's say goodbye to the deficit commission.  If you're sincerely worried about the US fiscal future — and there's good reason to be — you don't propose a plan that involves large cuts in income taxes.  Even if those cuts are offset by supposed elimination of tax breaks elsewhere …

There is no report from the fiscal commission  —  Here is the most important fact about the proposal released by the co-chairmen of the National Commission on Fiscal Responsibility and Reform: It is not the commission's report.  And here is the second most important fact to remember …

U.S. Debt Proposal Would Cut Social Security, Medicare  —  The co-chairmen of President Barack Obama's debt-reduction commission will propose cuts to Social Security and Medicare, as well as reductions in income tax rates in exchange for curbing tax breaks, according to a Republican aide who attended the meeting.

Fiscal Commission Co-Chairs Simpson And Bowles Release Eye-Popping Recommendations  —  The White House's fiscal commission's co-chairs, Erskine Bowles and former-Sen. Alan Simpson today released their draft recommendations on how to reduce the country's budget deficit.

John Boehner to fly commercial as speaker  —  House Minority Leader John Boehner (R-Ohio) said Wednesday he intends to take commercial flights home when he moves up to speaker in the new Congress.  —  “Over the last 20 years, I have flown back and forth to my district on commercial aircraft …

George W. Bush Delivers a Basic Economics Lesson to Matt Lauer  —  In a follow-up interview to his prime time special with George W. Bush, NBC's Matt Lauer invited the former president on Wednesday's Today show and in the process got an education on how tax cuts can create jobs.