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Bowles and Simpson Announce Details of Updated Deficit Reduction Plan

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Erskine Bowles and Alan Simpson released the policies behind their new deficit reduction proposal

This morning, Erskine Bowles and Alan Simpson, co-chairs of the Moment of Truth Project, released a detailed plan to control our mounting debt and grow the economy. The plan, A Bipartisan Path Forward to Securing America's Future, fleshes out the framework they released this February, which built on the negotiations between Speaker Boehner and President Obama in December. The proposal would save an additional $2.5 trillion over the next ten years, address all areas of the budget, and would put the debt on a downward path over the long-term.

 

You can read the full proposal here.

 

You can read a summary of the proposal here.

 

You can read more about the proposal here.

Apr 19 2013