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And any deficit-reduction bill, if it is to have teeth, will inevitably ask employees of big companies to pay a greater percentage of their health-care costs, and pare back on retiree benefits.
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Put simply, these initiatives will treat national and homeland security as a bill-payer for deficit reduction.
CENTERFORSECURITYPOLICY: Doing in defense
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This was true of Democrats in the nineteen-nineties, when Bill Clinton passed free trade, deficit reduction, and welfare reform, despite the furious objections of liberals.
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Representative STENY HOYER (D-MD, Majority Leader): This bill is the biggest deficit reduction bill that any member of Congress is going to have the opportunity to vote on.
NPR: CBO Figures Show Health Care Bill Would Cut Deficit
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The bill is part of an effort to eliminate certain tax expenditures and sway the deficit-reduction negotiations driving the legislative agenda.
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