What [Fix The Debt] believe in, instead, is the overwhelmingly importance of rate-cutting tax reform and reduced spending on retirement programs. Which is fine. Tax reform and the appropriate level of spending on bolstering the living standards of retired people are legitimate topics for debate. But if you saw a bunch of Quakers running around in a panic about the national debt pushing a plan to reduce the debt by cutting military spending, and then loudly objecting to all debt-reduction plans that don’t slash military spending you’d rapidly reach the conclusion that the Quakers don’t actually care about the national debt. They’re just pacifists. And good for them! But it would be extremely frustrating for them to run around pretending to be accountants.
—Matt Yglesias
The Fix The Debt Two-Step