"Fix the Debt" Shows Its True, Billionaire-Funded, Anti-Tax ColorsQuicklink submitted by Amanda Lang Permalink
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|'Fix the Debt' is allegedly an impromptu alliance of America's largest CEOs. But it' really the latest manifestation of a perenially right-wing, pro-billionaire, pro-corporate lobby -- one created years ago by hedge fund manager and former Nixon Cabinet member Pete Peterson. It has assumed many shapes, forms, and identities over the years, always in the guise of a noble and 'bipartisan' effort to address what it describes as the 'urgent' issue of the Federal deficit. Any organization that promotes a policy agenda may wind up advocating for goals that benefit some groups more than others. What's surprising is how routinely this network of organizations undermines its own stated goal of deficit reduction, and how starkly and consistently it serves the self-interest of its sponsors...|
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