It's time to cap tax deductions. Martin Feldstein, March 13, 2013, Opinion. "President Obama’s recent meetings with members of Congress have raised hopes that a major fiscal deal will replace the “sequester” and put the federal debt on a healthier long-term path. But the key barrier to such a deal remains the disagreement between Republicans and Democrats about the balance between raising revenue and cutting government spending. Republicans say they are against any further increase in taxes. Democrats, including the president, say that any budget deal must include additional revenue as well as spending cuts. Fortunately, Democrats indicate that they want to raise..." Link verified April 3, 2014