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All of which reduces William Gale, a tax specialist at the Brookings Institution, to something near despair.
ECONOMIST: Kicking the young and the poor | The
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William Gale and Peter Orszag, co-directors of the Tax Policy Center, calculate that by 2012, sunsetting tax breaks (contained in this and previous tax acts) will equal 2.4% of gross domestic product.
FORBES: Magazine Article
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William Gale, co-directorf of the Urban-Brookings Tax Policy Center and University of California-Berkeley Professor Alan Auerbach argued in a paper published Thursday that much more deficit reduction was needed than enacted in agreements so far.
CNN: Spending cut politics: D��j�� vu all over again