Topic: Alan Simpson
WASHINGTON (Reuters) - The co-chairs of the deficit commission urged President Barack Obama on Thursday to launch negotiations with Congress early next year on a serious fiscal responsibility plan.Erskine Bowles and Alan Simpson, the panel's chairmen, said they believed a bipartisan agreement ...
Co-chair of Obama's deficit commission knocks tax cuts agreement without long-term restraintOne of the leaders of President Barack Obama's deficit commission said Wednesday he's "deeply disappointed" by the agreement between the White House and congressional Republicans to extend Bush-era tax-cuts without also ...
A painful package of spending cuts and tax increases drew sharp challenges from both the left and right on President Barack Obama's deficit commission Wednesday, putting approval in doubt. However, both parties' Senate budget point men embraced the plan, and even opponents ...
Liberal critics of the deficit reduction and tax reform plans that surfaced over the past couple of weeks have been blasting them for the sin of cutting tax rates for the rich at the same time they'd slash spending for the rest ...
Critics of the deficit reduction plan offered by the co-chairs of President Obama's fiscal commission have blasted it for being both a tax hike (bad if you're a conservative) or a tax cut for the wealthy (bad if you're a liberal). The ...
Analysis: Deficit panel pushes GOP, Dems, to accept higher taxes, spending cuts to curb debtThe leaders of the deficit commission are baldly calling out the budget myths of both political parties, challenging lawmakers to engage in the "adult conversation" they say they ...
WASHINGTON (Reuters) - The co-chairmen of a presidential commission to cut the budget deficit on Wednesday proposed reducing benefits and raising the U.S. pension retirement age among an array of tax and spending changes.Taking aim at some of Washington's most politically explosive ...
WASHINGTON (Reuters) - With just two months left before it has to issue a final report, a U.S. commission looking at ways to cut the federal deficit was to meet again on Wednesday amid questions about its hard-headedness.Getting the government's budget out ...
WASHINGTON (Reuters) - Everybody agreed at the U.S. fiscal commission's first meeting on Tuesday that without change the United States is headed for fiscal ruin.Now comes the hard part: Finding a solution among options bound to anger a significant number of Americans ...