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Politics : Formerly About Advanced Micro Devices
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To: d[-_-]b who wrote (772437)3/1/2014 11:38:03 PM
From: Wharf Rat1 Recommendation

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bentway

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"Simpson Bowles was commissioned by Obama"

I know.

"he decided to ignore his own commission"

I know; a most pleasant surprise. It was a POS.

There Was No Bowles-Simpson Commission Report

The New York Times badly misled readers by repeatedly referring to a report of the deficit reduction commission led by former Senator Alan Simpson and Morgan Stanley Director Erskine Bowles. There was no report from this commission.

The report discussed in this article was exclusively the report of the co-chairs. It did not receive the necessary support of 14 members of the commission that would have made it an official commission report, a point noted only in passing toward the end of the piece.

cepr.net

but, never fear... we can still fake it...

WASHINGTON — The House voted decisively late Wednesday to reject a bipartisan budget mixing tax increases with spending cuts to wring $4 trillion from federal deficits over the coming decade.

The 382-38 roll call paved the way for Republicans to muscle through their own, more stringent budget on Thursday, a measure that would blend deeper spending reductions in safety-net programs for the poor with a plan to dramatically overhaul Medicare. The vote also underscored the partisan polarization dominating Washington this election year, with leaders of both parties showing little inclination to compromise and let the other side claim a victory.

The bipartisan measure rejected Wednesday was patterned on a plan by President Barack Obama's 2010 deficit commission and was written by moderate Reps. Steve LaTourette, R-Ohio, and Jim Cooper, D-Tenn.

huffingtonpost.com
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