Simpson and Bowles and austerity's other sales people aren't really economic thinkers. They're paid to pitch a product. They didn't invent austerity any more than Alex Rodriguez invented Pepsi. But what they're peddling isn't a soft drink. It's a lot worse for you than that.

WASHINGTON -- The chairmen of President Barack Obama's 2010 fiscal commission are wading back into Washington's budget wars with a revised, somewhat m...

ORLANDO, Fla. — Erskine Bowles, who chaired President Barack Obama's deficit commission three years ago, says Obama's recent budget proposal off...

I can only think of this metaphor, which I believe is apt: There's a ticking time bomb in your living room, you know the bomb will certainly explode in 10 to 15 years, and you choose only to reassure your family, "There is no 'immediate' danger." That is pretty much the situation we face today.

When fiscal crises become the "new normal" the public begins to remember that they elected politicians to do a job. And part of their job description is to take care of the public purse and not to create problems where none exist.

In addition to his current duties as professional-liberal-even-Joe-Sixpack-can-love on MSNBC, Ballard Spahr court jester, Rendell is currently co-chairing the steering committee of something called The CEO Campaign To Fix The Debt.

Conventional wisdom currently is that the sequester deadline will pass and then Washington will come up with some sort of compromise solution. Perhaps just in time for the next self-inflicted crisis.

When Jim McCrery, a former Louisiana congressman, urged lawmakers last month to pursue entitlement cuts and tax reform, he was introduced on televisio...

Congress needs to finish its fiscal work successfully and quickly and then pass legislation that will stimulate job creation and growth and development of the economy for the middle class and the working poor.

Over at Daily Intel, Jonathan Chait dings Erskine Bowles, correctly, for succumbing to the same Beltway dyskinesia that you often see in famous column...

The latest bumper-sticker slogan that "Social Security is unsustainable" doesn't stand up under scrutiny.

WASHINGTON -- A conservative scholar at the Heritage Foundation, Edmund F. Haislmaier, attacked a nonprofit employee Tuesday morning in a hotel where ...

WASHINGTON -- Members of the influential Campaign to Fix The Debt struck a posture of post-partisan political neutrality this past week, as they swarm...

The Simpson-Bowles personal profit tour reveals that for them, for their creation -- the speciously labeled Campaign to Fix the Debt -- and for the CEOs, right-wing groups and Republicans rallying round them, the effort has nothing to do with deficits or fixing anything.

WASHINGTON -- Pessimism grew on Wednesday over whether congressional leaders and the White House will strike a debt reduction deal to prevent the loom...

WASHINGTON -- A group of high-profile corporate CEOs are lobbying Capitol Hill this week to put Social Security and Medicare cuts at the forefront of ...

WASHINGTON -- The corporate CEOs who have made a high-profile foray into deficit negotiations have themselves been substantially responsible for the s...

Superstorm Sandy was a disaster brought to us by Mother Nature. The fiscal cliff is being brought to us by human nature. Which will be worse? Time will tell.

The Bowles-Simpson plan, which corporate CEOs, leaders of both parties in Congress and even newly reelected President Obama has indicated could be a conversation starter for the debt and tax negotiations to follow this election, could turn back the clock for older Americans.