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Making Sense Of The Gang Of Six Budget Plan
ResumePolitical negotiations are on again over the long-term deficit cutting plan offered by the so called Gang of Six Senators.
So what's on the chopping block? We dive into the details of proposed changes to programs like Social Security and Medicare, and proposed cuts to tax benefits like the mortgage interest deduction which is worth $40 billion to the middle class.
Guest:
- Howard Gleckman, resident fellow at the non-partisan Tax Policy Center and a contributor to the tax policy blog, Tax Vox
This segment aired on July 21, 2011.