Our country is lucky that retired U.S. Senator Alan Simpson is so committed to this issue and that he continues to speak out. He emphasizes the necessity of political compromise and shared sacrifice by all Americans. His understanding of why we need a revenue component on top of spending cuts is well articulated in this Business Week commentary.
Copy & paste this link to read his commentary:
http://www.businessweek.com/magazine/debt-hawk-alan-simpson-on-the-work-ahead-08042011.html?chan=magazine+channel_news+-+politics+%26amp%3b+policy
see also #4: i.o.u.s.a.
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