Does Washington really need to balance the budget within 10 years?
3. Just what tax breaks does the House want to scale back or eliminate as part of its tax reform plan? Reducing or eliminating some tax preferences, like those on investment income, would actually hurt economic growth. And will the House stick with its plan of consolidating the current six individual income tax brackets into just two brackets of 10% and 25%? Will the House continue to use the slower-growth CBO forecasts?
4. Yet another question: Will the House try to balance the budget in a decade without major Medicare reform until 2023?