by Patrick Appel
Howard Gleckman studies the latest deficit numbers:
It is easy to imagine what this middle ground looks like: Congress could extend some of the Bush tax cuts for only a year or two and use that time to begin the work of restructuring the tax code, key to creating a revenue system that can support the government we seem to want. At the same time, it could adopt steps to gradually control long-term spending. The harder part is imaging the political will that will get us there.