Topic: Erskine Bowles

Deficit panel leader says Obama will OK findings, including possible tax hikes, benefits cutsThe co-chairman of President Barack Obama's deficit reduction commission said Tuesday that Obama would endorse its findings, including politically toxic tax increases and painful cuts to retirement benefits that ...

Now comes the hard part for fiscal commission

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 ...
On the table: Debt commission leaders say tax increases and spending cuts will be consideredThe leaders of President Barack Obama's bipartisan debt commission say everything is on the table, from tax increases to spending cuts, as they prepare this week to begin ...