The Center on Budget and Policy Priorities is out with a damning new analysis of the Democrats’ $3 trillion deficit proposal to the super committee. Republicans have already rejected the plan, despite the fact that it “stands well to the right of plans by the co-chairs of the bipartisan Bowles-Simpson commission and the Senate’s ‘Gang of Six,’ and even further to the right of the plan by the bipartisan Rivlin-Domenici commission,” Robert Greenstein, Richard Kogan, and Paul N. Van de Water argue.
“The Democratic plan contains substantially smaller revenue increases than those bipartisan proposals while, for example, containing significantly deeper cuts in Medicare and Medicaid than the Bowles-Simpson plan,” they point out. Look:
One wonders why Democrats continue to bend over backwards to GOP demands and accept reactionary policies when Republicans don’t even appreciate the effort, dismissing the plan as “outrageously absurd” and a “non-starter.”