Balance the Budget, Donkeys and Elephants!
The National Commission on Fiscal Responsibility and Reform recently came out with a plan to reduce some taxes and raise others and cut spending, all to slice the federal budget deficit. But if you don’t like the commission’s plan — perhaps you don’t want to lose your mortgage interest deduction or work until age 69 — The New York Times is letting you come up with a better one using its Budget Puzzle. Yes, now you too can “fix” the budget and see how easy or hard the task should be for federal officials. Who knew the GDP, marginal tax rates, and farm subsidies could be fun?