{"id":10732,"date":"2011-08-04T12:20:59","date_gmt":"2011-08-04T16:20:59","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=10732"},"modified":"2011-08-04T13:46:53","modified_gmt":"2011-08-04T17:46:53","slug":"clinton-advisor-backs-mack-penny-plan","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/10732\/clinton-advisor-backs-mack-penny-plan\/","title":{"rendered":"Clinton Advisor Backs Mack Penny Plan"},"content":{"rendered":"<p><a href=\"http:\/\/thehill.com\/opinion\/columnists\/lanny-davis\/175459-connie-macks-penny-plan-worth-another-look\" target=\"_blank\">Lanny Davis<\/a>, former special counsel to President Bill Clinton, writes in\u00a0<em>TheHill<\/em> that the \u201cPenny Plan\u201d by Rep. Connie Mack (R-FL) is a \u201csimple and creative\u201d way to balance the budget.<\/p>\n<blockquote><p>\u2026since the \u201cbalanced\u201d solution of both increased revenues and spending cuts is supported in virtually every poll by substantial majorities of all voters, including large numbers of Republicans, Democrats need to find a spending cut formula that they can live with. The Mack Penny Plan seems a good place to start \u2014 it is simple, it makes common sense, and with some adjustments protecting the poor and the unemployed, it could be seen as fair even to many of the most liberal Democrats.<\/p><\/blockquote>\n<p>Ignoring Davis\u2019 call to undermine the elegance of Mack\u2019s Penny Plan by creating vague exceptions for the poor and unemployed \u2013 as I <a href=\"http:\/\/cfif.org\/v\/index.php\/commentary\/43-taxes-and-economy\/1091-connie-mack-trying-to-balance-the-budget-a-few-trillion-pennies-at-a-time-\" target=\"_blank\">wrote recently<\/a>, the attraction of Mack\u2019s plan is its uniform treatment of all budget items \u2013 it\u2019s welcome news that a high-ranking Clintonista can sense good policy when he sees it.<\/p>\n<p>Earlier in his column Davis warned his fellow liberals that it would be \u201ca moral stain on our generation if we leave this red-ink legacy for generations to come to deal with.\u201d<\/p>\n<p>Davis is right.\u00a0 Let\u2019s hope he urges his fellow Democrats to back Mack\u2019s Penny Plan so we can get on the road to fiscal solvency as soon as possible.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lanny Davis, former special counsel to President Bill Clinton, writes in\u00a0TheHill that the \u201cPenny Plan\u201d by Rep. Connie Mack (R-FL) is a \u201csimple and creative\u201d way to balance the budget. \u2026since the \u201cbalanced\u201d solution of both increased revenues and spending cuts is supported in virtually every poll by substantial majorities of all voters, including large [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1898,501,2917,81,59,56,2916,2918,2919,61],"class_list":["post-10732","post","type-post","status-publish","format-standard","hentry","category-posts","tag-balanced-budget","tag-bill-clinton","tag-connie-mack","tag-debt","tag-deficit","tag-government","tag-lanny-davis","tag-penny-plan","tag-public-policy","tag-spending"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/10732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=10732"}],"version-history":[{"count":5,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/10732\/revisions"}],"predecessor-version":[{"id":10736,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/10732\/revisions\/10736"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=10732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=10732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=10732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}