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Brown, Warren offer different ideas on deficit
|Last Edited||RP Jul 12, 2012 11:52am|
|News Date||Wednesday, July 11, 2012 07:50:00 PM UTC0:0|
|Description||Democrat Elizabeth Warren would impose higher taxes on top earners, end oil subsidies, and raise estate taxes to cut the federal deficit. Senator Scott Brown would repeal President Obama’s health law, freeze federal pay, and consolidate redundant federal agencies. |
Warren would not touch entitlements, while Brown would not touch taxes.
In response to a request from the Globe, the two competitors in the nation’s most high-profile Senate battle provided five ideas for bridging the nation’s $1.2 trillion deficit, with the results highlighting why the problem has deadlocked Washington. The candidates were also asked to explain what cuts they would make to entitlement programs, and to describe how they would raise more revenue.
Though Brown has made the deficit a larger issue in his campaign, an analysis prepared for the Globe by a nonpartisan group showed that responses offered by Warren, and positions taken on her website, would trim 67 percent more from the debt over 10 years than those offered by Brown.