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Gang of Six Debt Ceiling

Gang of Six Plan Would Raise Taxes on Low-Income Workers

Daniel Marans | Posted 09.20.2011 | Politics
Daniel Marans

The chained CPI, a change in the inflation formula that would result in cuts to Social Security, VA benefits, Supplemental Security Income (SSI), and other benefits, as well as increases in revenue, has been on the table in deficit talks for months.

Gang Of Six Debt Ceiling Plan Targets Taxes

AP | By STEPHEN OHLEMACHER | Posted 09.20.2011 | Politics

WASHINGTON -- A new bipartisan plan to reduce government borrowing would target some of the most cherished tax breaks enjoyed by millions of families ...

Debt Ceiling Fight Moves To Senate, Obama Wants To 'Start Talking Turkey'

AP | BEN FELLER | Posted 09.19.2011 | Politics

WASHINGTON — Running out of time, President Barack Obama softened his stand and signaled Wednesday he would back a short-term deal to prevent a ...