All Sections
Welcome guest, you have 3 views left.  Register| Sign In

'Fix the Debt' group sets up 'sequester scorecard' for lawmakers

The bipartisan group "Fix the Debt-New Hampshire" on Friday released a "Sequester Scorecard," which outlines the criteria needed in a sequester deal for New Hampshire members of Congress to earn an "A," "B," "C," "F" or "Incomplete."

Automatic spending cuts are slated to take effect on March 1 unless Congress and President Barack Obama act.
"Although this sequestration achieves deficit reduction, which we need, it is also too mindless, too sudden, and too destructive to the economy and fails to address the true drivers of our crippling debt," Fix the Debt said.

To earn an "A," Congress and the President "must agree to a comprehensive debt plan that replaces the sequester with at least $2.4 trillion of savings over the next decade, says Fix the Debt. It says the plan should combine targeted spending cuts, entitlement reforms and "comprehensive tax reform."

To earn a "B," policymakers must enact a budget deal that fully offsets the sequester permanently with more targeted measures primarily focused on health and retirement programs.

To earn a "C," policy makers must replace the sequester for one year, at a cost of $85 billion.

Policymakers would fail by "kicking the can" and delaying the sequester without any offsets.

An "incomplete" would be the grade if they let the sequester kick in.

Eric Church
Saturday, 8 p.m.

Discover Wild NH Day
Saturday, 10 a.m. - 3 p.m.

Kathy Griffin
Saturday, 7 p.m.

Peter Wolf
Saturday, 7:30 p.m.

Motor Booty Affair
Saturday, 8 p.m.

Follow us on Twitter Follow us on Facebook Follow our RSS feed
Union Leader app for Apple iPad or Android *
Click to download from Apple Apps StoreClick to download from Android Marketplace
* e-Edition subscription required

More Politics

NH Angle