Who Will Suffer Under the 'Gang of Six' Plan?

Who Will Suffer Under the 'Gang of Six' Plan?
The Nation
George Zornick
July 21, 2011
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President Obama endorsed the Senate “Gang of Six” deficit reduction plan Tuesday, saying that the proposal “is broadly consistent with the approach that I’ve urged” and “makes sure that nobody is disproportionately hurt from us making progress on the debt and deficits.”  However, an examination of the plan’s specifics reveals that corporations and wealthy Americans won’t feel much pain at all—in many cases, just the opposite.  Read on to find out what the "Gang of Six" plan means for corporations, seniors, the poor, and students.

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