The Hill News

The debate over deficit reduction and the debt ceiling has taken on a theatrical air; the game itself, and its winners and losers, have become more important than the impact of any deal.  This is why you rarely heard the word “jobs” during this debate.  There is a political reason for the silence: the news is not good for American workers.

According to the nonpartisan Congressional Budget Office, a deal that reduces the deficit by $2 trillion over the next 10 years could cost the economy more than one million jobs during the next three years. And a recent CBS News poll showed that voters want political leaders to focus on jobs and the economy over long-term budget deficits by a 4-1 margin.

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