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Commentary Contributor
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3 views on best way to curb US debt
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3 views on best way to curb US debt
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US national debt stands at more than $16 trillion and counting. Polls show American voters rank deficits and debt as top concerns, but lawmakers have been divided over the best way to curb them. Mitt Romney and President Obama have sparred over their own plans to cut budget deficits and tackle the debt.
As the seventh installment of our One Minute Debate series for election 2012, three writers give their brief take on the best way to curb US debt. Stuart Butler of the Heritage Foundation argues American should "cut spending." On the other hand, Dean Baker, at the Center for Economic and Policy Research, says the US should "keep spending" to spur growth. Isabel Sawhill of the Brookings Institution suggests a "middle way" – cut spending and raise taxes.
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Polls show American voters rank deficits and debt as top concerns, but Mitt Romney and President Obama have sparred over their plans to cut budget deficits and tackle the debt. Three writers give their brief take on the best way to curb US debt.
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By October 24, 2012
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