Statist Solutions

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posted:5/30/2010
language:English
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Description: Translating the marketing euphemisms used in the discussion, Americans should brace for two proposed solutions to our debt crisis: higher payroll taxes (disguised as "automatic savings") and rationed healthcare (part of a national budget). The panelists included Warren Buffett, chairman of the holding company Berkshire Hathaway; Peter G. Peterson, founder of the foundation bearing his name (which funded I.O.U.S.A.) and senior chairman of The Blackstone Group; David Walker, former head of the GAO and new CEO of Peterson's foundation; Bill Niskanen, chairman of the CATO Institute; and Bill Novelli, CEO of AARP.
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