Alan Simpson and Erskine Bowles think it may be a new day in American politics, one where politicans who hike taxes and alter Social Security stay in office.
Tales from the Trail
American voters made their feelings very clear last week. U.S. government borrowing is too high and needs to be reduced. How sad, then, that the presidential commission tasked with coming up with a credible plan to cut the deficit is already being dismissed as a non-event.
High drama at President Barack Obama’s deficit commission meeting.
Members of the bipartisan panel were about to settle in at the Senate Budget Committee hearing room to discuss the weighty issues of performance objectives and the merit of one-year vs. two-year budgeting, when the unscheduled happened.
Newly minted Republican deficit commissioner Alan Simpson has a message for Americans: if you don’t want your grandkids picking grit with the chickens, better ignore soundbite politics and get lawmakers to find real solutions to the deficit.