Another Front Organization

Kris LaGrange's picture
Jan 13, 2013

The AFL-CIO reported for several months now that the "Fix the Debt" group is a front organization that cynically calls for cuts to Social Security, Medicare and Medicaid benefits in the name of "deficit reduction". They advocate for lower taxes for corporations and businesses that ship jobs overseas. 
The New York Times reports that Erskine Bowles, a co-founder of Fix the Debt, was paid $345,000 in stock and cash in 2011 as a board member at Morgan Stanley, while Judd Gregg, a former Republican senator from New Hampshire and a co-chairman of Fix the Debt, is a paid adviser to Goldman Sachs.

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