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Bookmark or Share- Simpson-Bowles Plan: Summary, History, Would It Work - The BalanceThe Simpson-Bowles deficit reduction plan is a 2010 bipartisan report on the best way to fix the U.S. national debt. It offered six steps to lower the budget deficit to 2.3% of gross domestic product by 2015. It would have reduced the debt by $3.9 trillion by 2020.
- The Budget Reform Idea That Won’t Die - The AtlanticSimpson-Bowles called for more than $1 trillion in cuts for military spending, $2.6 trillion in tax increases over a decade (including big tax hikes for wealthier Americans due to the treatment...
- The Bowles-Simpson “Chairmen’s Mark” Deficit Reduction PlanErskine Bowles and Alan Simpson, co-chairs of President Obama’s Deficit Commission, have released a “ Chairmen’s Mark,” a broad plan to reduce the federal deficit by cutting spending and raising taxes.
- What Was Actually in Bowles-Simpson - Center on Budget and Policy ...The Bowles-Simpson plan included revenue and benefit changes designed to restore long-term solvency to the Social Security trust fund.
- National Commission on Fiscal Responsibility and ReformThe National Commission on Fiscal Responsibility and Reform (often called Simpson–Bowles or Bowles–Simpson from the names of co-chairs Alan Simpson and Erskine Bowles; or NCFRR) was a bipartisan Presidential Commission on deficit reduction, [1] created in 2010 by President Barack Obama to identify "policies to improve the fiscal situation ...
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