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Breaking News

Sen. Rob Portman: A truly balanced approach to the deficit

Categories: Newsletter Government News, Top Stories, Dealer News | Author: Mike Williams | Posted: 12/11/2012 | Views: 367

The dangers of the "fiscal cliff" are by now well known. Most agree that the year-end $500 billion in tax increases and $110 billion in arbitrary, across-the-board discretionary spending cuts, including defense, must be averted to avoid plunging the U.S. economy back into recession. But how the danger is averted is important. To keep from getting right back on another cliff, President Obama and Congress must address the underlying problems of excessive spending and weak economic growth.

Washington needs to pursue structural reforms in the country's important but unsustainable entitlement programs and in an inefficient, outdated tax code. By doing so, lawmakers can responsibly avoid the immediate cliff while addressing the long-term fiscal crisis and spurring job creation.

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Source:
Wall Street Journal
Op-Ed
December 11, 2012
http://online.wsj.com/article/SB10001424127887324640104578161252979458718.html

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From the NAEDA Office

NAEDA Board Approves Changes To Committee and Council Structures Expanded opportunities for members to provide guidance on key issues.

At its recent meeting in St. Louis, the NAEDA Board of Directors approved sweeping changes to the structure of the association’s committees and councils. The changes are intended to encourage greater participation at the national level and offer enhanced opportunity for members to provide input on policies, strategies and key issues fundamental to their success.

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