U.S. Budget: Tax Expenditures Our Only Chance for a Just Deficit Fix
With the budget debate firing up again this week, Michael Tomasky says there's just one serious way to cut our deficit—by focusing on tax expenditures, the tax loopholes and deductions that are bleeding federal coffers dry.
Vice President Joe Biden met with Republicans and Democrats at Blair House in Washington on May 5 in hopes of striking a deal on deficit reduction. (Credit: J. Scott Applewhite / AP Photo)
