debt commission

(Newser) - Lobbyists aren’t waiting around to air their concerns before the new debt panel—and many are getting a head start, pushing their agendas with the lower committees that will send recommendations to the supercommittee in October. “I think you always want to start in the best possible position...

(Newser) - Erskine Bowles and Alan Simpson think that President Obama's proposed budget "goes nowhere close" enough in reducing the US deficit, but the deficit-reduction panel's co-chairs say they "see the cup as half-full." "[We] think there is the real possibility that a bipartisan deficit reduction plan can...

(Newser) - President Obama may be just trying to save his political life with the creation of a bipartisan commission on government spending but the move shows Washington is waking up to the public's worries, writes Peggy Noonan. Concerns about federal spending and its implications for America's future have, just in time,...