On December 1st, the President’s Commission on Fiscal Responsibility and Reform published its report on how taxes and spending patterns can be made sustainable. For the most part, the report contains the recommendations of its two c0-chairs Republican Alan Simpson and Democrat Erskine Bowles. The report garnered support from 11 of the 18 commission members. I encourage everyone to at least peruse the report. As noted in a November 11th blog entry , it’s a serious attempt to change the unsustainable fiscal path for the U.S. Federal Government.