1.0 link 158938 <![CDATA[Fiscal Follies]]> http://www.huffingtonpost.com/robert-kuttner/fiscal-follies_b_158938.html President-Elect Obama is planning to convene a "fiscal responsibility summit" some time in February, the Washington Post has reported. Obama floated the idea at a conversation last Wednesday with Post editors, specifically flagging Social Security and Medicare.

The rhetoric and framing of the problem are distressingly similar to efforts of the newly formed Peter G. Peterson Foundation, Robert Rubin's Hamilton Project, and the Concord Coalition, and kindred groups that seek to define long term budget discipline as the Republic's...

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