Simpson-Bowles

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Simpson, Bowles Back With Sequel to Deficit Plan

They want to slash another $2.4T, far exceeding Obama's goals

(Newser) - If you liked the first Simpson-Bowles plan, good news! Washington's favorite bipartisan hypothetical budget slashers have come up with a sequel of sorts, proposing $2.4 trillion in new (and probably politically impossible) deficit cuts over the next decade, Politico reports. How would they get there?
  • They'd slash
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Alan Simpson: Tax Hikes for Rich, or Drinks on Me

Erskine Bowles increasingly confident now that parties 'starting to tango'

(Newser) - It's just another Sunday teetering on the fiscal cliff, with the Hill reporting that both Alan Simpson and Erskine Bowles are indicating that tax hikes for the rich were a foregone conclusion. “I think Erskine and I both agree that if anybody out there who is, quote, rich... More »

Obama, GOP Blowing Hot Air on Tax Plans

Mayor Bloomberg: Let Bush cuts expire and pass Bowles-Simpson

(Newser) - Mike Bloomberg sounds a little weary of election-year politics as it pertains to the economy. President Obama, for instance, is tacking way left with his populist call to soak the rich. His tax plan "is a political strategy, not an economic one," writes Bloomberg in the Wall Street ... More »

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