- Toronto’s Rob Ford takes rehabbed self to kids’ playground for political props
- Sen. Joe Manchin sued by his brother over old loan: report
- New Mexico decides to use HealthCare.gov for 2015
- Satanists to use Hobby Lobby rule to skirt state abortion laws
- White House: No choice but to act now on climate change
- HHS: ‘Donut hole’ reforms saved Medicare enrollees $11.5 billion since 2010
- Boston-area tornado rips 100 homes: ‘Are we in Kansas?’
- Rush Limbaugh: ‘There is no journalism anymore’
- Scott Brown struggles for political traction in New Hampshire Senate race
- California’s Jerry Brown cites God, ‘religious call’ to embrace illegals
Topic - Alan K. Simpson
The leaders of the defunct White House debt commission Tuesday floated a new deficit-reduction plan and warned that President Obama's legacy is riding on his ability to rein in runaway government spending.
The leaders of the Simpson-Bowles commission are still shopping their 2-year-old, $4 trillion debt-reduction plan around Washington, and they say it is gaining enough traction to possibly form the basis for a bipartisan federal debt-cutting deal by year's end.
President Obama moved unilaterally Thursday to create a bipartisan commission to rein in unruly deficits after Congress rejected legislation providing a similar body with considerably more enforcement power.
Erskine Bowles (right) and Alan K. Simpson, co-chairmen of President Obama's independent commission, said they are not sure whether they will have the supermajority of votes needed Friday to approve an aggressive deficit-reduction plan to submit to Congress.
"We took a big banana and threw it into the gorilla cage," Mr. Simpson told the panel. "The gorilla has picked it up and like they do, they peel it, play with it, but they will eat some."