FISCAL CLIFF, EUROPE v. US - MATTHEW MELCHIORRE
USA Today: America must avoid Europe's toxic tax remedy
With America threatening to run off the "fiscal cliff" of tax increases and spending cuts on Jan. 1, it risks repeating the mistakes of Europe. The folly of "austerity" composed mainly of tax hikes with less in the way of spending reductions has driven the economies of the Old World into the
We're next unless Congress keeps Uncle Sam out of Americans' wallets and takes a chainsaw to Washington's budget.
> Read the full commentary on USAToday.com
CEI is a non-profit, non-partisan public policy group dedicated to the principles of free enterprise and limited government. For more information about CEI, please visit our website, cei.org, and blogs, Globalwarming.org and OpenMarket.org. Follow CEI on Twitter! Twitter.com/ceidotorg.