Deficit-Cutting Plan Fails to Advance

But it gets 11 votes, just 3 shy
By Newser Editors and Wire Services
Posted Dec 3, 2010 10:17 AM CST
Deficit-Cutting Plan Fails to Advance
In this Nov. 10, 2010 file photo, Erskine Bowles, left, accompanied by former Wyoming Sen. Alan Simpson, co-chairmen of President Barack Obama's bipartisan deficit commission, speaks in Washington.   (AP Photo/Alex Brandon, File)

(Newser) – An austere deficit-cutting plan by President Obama's budget commission has failed to win the supermajority required to force a quick vote in Congress. The plan won support from 11 of 18 commission members, however, more than expected just a few weeks ago. As a result, it could shape the coming debate. Fourteen were needed for official approval. The plan would cut $4 trillion from the budget over the coming decade through a combination of curbs to Social Security, tax increases, and a slew of other spending cuts.

Commission co-chair Erskine Bowles declared victory, nevertheless. He said the panel's nonpartisan deliberations showed it's possible to have an "adult conversation" about cutting the deficit. Earlier, Illinois Democrat Dick Durbin, one of Obama's closest allies in the Senate, said he would vote for the plan even though he has major qualms about its painful spending cuts. (Read more deficit stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.