A TILT TOWARD THE RICH?

A TIME FORUM DEBATES THE IMPACT OF REPUBLICAN SPENDING CUTS ON AN ALREADY POLARIZED ECONOMY

IF THE U.S. ECONOMY IS THE ENVY of the world, why rush to balance the budget when that might widen America's great divide between rich and poor?

They were sitting side by side, but Laura D'Andrea Tyson and Pete Domenici were worlds apart on the issue. How it's resolved in Washington's budget showdown will affect almost every American. "This is too much too fast," said Tyson, who argued that the Republican plan to balance the budget in seven years favors the wealthy. But Domenici looked at the same picture through a different lens. Without bold and rapid cutbacks, he contended, middle-class...

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