Tag Archives: Erskine Bowles

The mortgage tax deduction and why it should go

Yesterday, in a post about the President’s Commission on Fiscal Responsibility, I mentioned that co-chairs Alan Simpson and Erskine Bowles suggested, amid a long laundry list of federal programs to be cut, the elimination of the mortgage tax deduction. While I deduct my mortgage interest when calculating my taxes each year, just like everyone else […]

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Considering the suggestions of the Commission on Fiscal Responsibility and Reform

Alan Simpson and Erskine Bowles, the co-chairs of the President’s National Commission on Fiscal Responsibility and Reform issued a 50-page draft proposal a few days ago, outlining what they’d recommend that we do to reign in government spending and significantly cut the nation’s deficit. They maintain that their proposal, which cuts military spending, reforms the […]

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