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Simpson Bowles

Bowles/Simpson Urge Social Security Cuts, Promote Private Accounts -- Simpson Calls Critics "Lying Jerks

Merton Bernstein | Posted 05.25.2011 | Politics
Merton Bernstein

Alan Simpson, co-chair of the Deficit Reduction Commission, once again has trouble with his mouth.

Money Changes Everything: Will the Battle Over the Budget Derail All Bipartisan Cooperation in 2011?

Eileen McMenamin | Posted 05.25.2011 | Politics
Eileen McMenamin

A collection of senior lawmakers gathered at a Washington panel last Wednesday to reflect on the possibility of cooperation across party lines in the 112th Congress.

Hugh Jidette Goes to Washington

Dean Baker | Posted 05.25.2011 | Business
Dean Baker

It would be great if those touting concerns about the deficit were actually interested in having an informed national debate on the economy. But their agenda is to scare millions of voters into giving up the Social Security and Medicare benefits.

Amanda Terkel

Barney Frank: Cut NATO Spending | Amanda Terkel | Posted 05.25.2011 | Politics

WASHINGTON -- Public officials on both sides of the aisle are increasingly looking toward the defense budget as a possible avenue for cutting spending...

Politics Trumps Sound Fiscal Policy (Again)

Bill George | Posted 05.25.2011 | Politics
Bill George

Yesterday's "compromise" between Republicans and the President proves an old adage: political giveaways always trump sound fiscal policy. Or stated an...

A Deficit-Cutting Plan to End Medicare as We Know It

Mark Miller | Posted 05.25.2011 | Business
Mark Miller

As Washington starts batting around the plans to slash the long-range national deficit, one stands out as an especially good acid test of just how far we're willing to go. That's the Ryan-Rivlin plan to end Medicare as we know it.

Weekly Audit: A Progressive Deficit Fix?

The Media Consortium | Posted 05.25.2011 | Politics
The Media Consortium

by Lindsay Beyerstein, Media Consortium blogger The co-chairs of the 18-member deficit commission issued a preliminary presentation two weeks ago tha...

Social Security Cuts Would Begin Quickly Under Deficit Reduction Plans

Mark Miller | Posted 05.25.2011 | Business
Mark Miller

It's hard to see why cuts in Social Security should be included in whatever cure we decide to take for the federal budget deficit.

Is Simpson-Bowles Balanced? Take a Look at its Supporters.

Jeff Madrick | Posted 05.25.2011 | Politics
Jeff Madrick

Deficit reduction plans on the table now are basically government bashing, especially the Bowles-Simpson trial balloon. Yet the media simply doesn't see the ideological take, and they bend over backwards to give credibility to these ideas.

Aqua Buddha, the Number 21 and the Deficit Commission

Dean Baker | Posted 05.25.2011 | Business
Dean Baker

On Alan Simpson and Erskine Bowles' to-do list was a cap of government spending at 21 percent of GDP. One can only assume 21 bears some religious significance for them because it makes no sense to have this rule on policy grounds.