Over the next few weeks, it will be extremely interesting to follow reactions to the recent report of Erskine Bowles and Alan K. Simpson, co-chairmen of this bipartisan panel, which is looking into ways of making America solvent again. One thing is certain: there are profound implications for federal employees and prospective federal employees. Joe Davidson explores some of them in his Washington Post column, "The Federal Diary," of November 12. Meanwhile, Dana Milbank offers his views on how the No Regrets Democrats and the No Compromise Republicans are likely to view the unsettling prospect of fiscal responsibility.
It seems that the Glenn School's policy forum, "Avoiding Catastrophic Budget Failure," will be very timely, especially since the Commission is scheduled to release a report the next day. We're hoping for a big crowd of Washington-based Buckeyes on November 30.
November 17 update: Norman Ornstein weighs in on the Deficit Commission in today's Roll Call.
November 18 update: Roll Call's Morton Kondracke reviews three tax reform plans and urges President Obama to seize this opportunity to do something that would win popular approval because it would create jobs.
November 24 update: Today's Post has a terrific chart that compares the recommendations of the three panels (Simpson-Bowles, Rivlin-Domenici, and Galston-MacGuineas) that are looking for ways to reduce the deficit. Accompanying the summary table is a column by Ezra Klein.
November 29 update: The Brookings Institution's William Gale reviews five myths about cutting the deficit in the Outlook section of Sunday's Post.
December 2 update: Here, finally, is "The Moment of Truth: Report of the President's Commission on Fiscal Responsibility and Reform." And here is a persuasive argument by the Center on Budget and Policy Priorities that the Rivlin-Domenici plan is better.
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