Erskine Bowles and Alan Simpson, former co-chairs of the 2010 White House deficit-reduction panel whose plan failed, released an outline for a new proposal on their own today. A Bipartisan Path Forward to Securing America’s Future lacks any significant details but does include a $600 billion tax increase in addition …
The draft proposal issued Wednesday by the co-chairmen of President Obama’s Deficit Reduction panel has both strengths and weaknesses.. Heritage Foundation analysts are still poring through this preliminary document, and we will have more to say in the days to come. Already, we see the following: One great flaw in …
