Legal Commentary

Catfood Commission Chooses Irrelevance

By Big Tent Democrat

The first reports on the the Catfood Commission Report indicate that it has chosen to be a silly vanity project with no real world impact at all. The reason I say this is because it appears ready to recommend pie in the sky "think tank" style proposals that are politically DOA. Let's look at some of the specifics:

The proposed simplification of the tax code would repeal or modify a number of popular tax breaks — including the deductibility of mortgage interest payments[.]

Forget the merits of this proposal, the chances of this happening are precisely ZERO. So everything that follows from this (across the board income tax cuts) have no chance of being part of a deficit reduction plan.

Most of the reported recommendations strike me as right wing nonsense wholly unrelated to deficit reduction, including a full out assault on Social Security. I can not imagine a politician in the country embracing it. Maybe I am too sanguine, but it looks DOA to me. And thank goodness for that.

Speaking for me only

Full post as published by TalkLeft on November 10, 2010 (boomark / email).