Topic: Alan Simpson
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If not 'sequester,' then what? Five ideas from left and right.
Few in Washington believe that "the sequester,” $85 billion in automatic spending cuts set to hit the federal budget as of March 1, is a good idea. But what's the alternative? Here are five proposals, from the right, the center, and the left, to replace the sequester. Which do you like?
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Briefing
Obama vs. Romney 101: 5 ways they differ on debt and deficits
President Obama and Mitt Romney offer sharply different views on how to get the nation back on a sustainable fiscal path. Here are five ways they differ on policies to cope with a soaring debt.
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Briefing
'Fiscal cliff'? 'Sequester'? Your guide to Congress's code language.
Congress knows what it means by terms such as 'fiscal cliff' or 'Simpson-Bowles,' but to many outside the Beltway they may as well be speaking Greek. Here's a translation of Washington's shorthand for budgetary issues now before the country – with each entry explained in 50 words or less.
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Four gambits Obama could try to boost election prospects
President Obama got big headlines – and a political bounce – from his new policy protecting some young illegal immigrants from deportation and offering them temporary work permits. By a 2-to-1 margin, likely American voters support the move, according to a Bloomberg poll. So what other potential gambits does Mr. Obama have in his hip pocket, especially if he needs another jolt before Election Day? Here are four.
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Who's who on Congress's debt 'super committee'
All Content
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Deficit-slashing plan is tough, creative and credible. Now what?
Democrat Erskine Bowles, chief of staff to President Clinton, and Republican Alan Simpson, former senator, have crafted a deficit reduction and tax code reform plan that spreads the spending cuts across the government with innovative ideas for increasing revenues.
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Social Security, Medicare, Pentagon slashed by deficit commission
Under the proposal, Medicare spending, Social Security, the Pentagon's budget, and earmarks would be curtailed in a plan that cuts $3 in spending for every $1 in tax increases.
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A bipartisan and reality-based way to cut tax rates AND reduce the deficit. Really.
The secret to cutting rates and increasing revenues? President Reagan knew it, as do President Obama's fiscal commission co-chairs, Democrat Erskine Bowles and Republican Alan Simpson.
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Social Security: Alan Simpson offends almost everyone with 'cow' quip
Social Security is a touchy subject. Alan Simpson, co-chair of Obama's deficit commission, has a colorful mouth and lots of things to say about Social Security. Put the two together and 'poof!' another political brush fire for Obama.
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A 75th birthday for Social Security not a happy one
Social Security turned 75 on Saturday. But with fiscal problems looming, are its future birthdays numbered?
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Sarah Palin anoints a new 'mama grizzly': Does it make a difference?
Sarah Palin endorsed Wyoming State Auditor Rita Meyer as a ‘mama grizzly’ Thursday. The Wyoming gubernatorial candidate joins Palin’s growing sisterhood of conservative feminists.
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Deficit-cutting ax may fall on Social Security
Cuts in Social Security benefits might be used as one means to reduce the burgeoning federal budget deficit. But are there better ways to deal with the problem?
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CBO's math on budget deficit presents daunting choices for US
The gloomy outlook for the federal budget deficit, outlined by the CBO director Wednesday, comes as politicians and economists are arguing over what the US economy needs most: another jolt of government stimulus or sharp spending cuts.
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Will Obama commission on federal deficit mean a new tax?
At the first meeting of the bipartisan commission to tackle the federal deficit Tuesday, nothing was taken 'off the table' – not spending cuts, higher tax rates, or a 'value-added tax.'
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US budget deficit: Finding solutions
The US budget deficit is surging and is likely to remain high for years unless Congress finds solutions. Some financial experts say that remedies will have to include new taxes.
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Healthcare summit: Chance for compromise or 'trap' for the GOP?
Obama is urging lawmakers to take a constructive approach to the bipartisan healthcare summit on Thursday. But many members of the GOP are wary of the meeting.
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Top question for fiscal commission: Are Americans better than leaders ask us to be?
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In Washington, cross-party dealmaking hits a rough patch
With his new fiscal commission, President Obama continues his push for bipartisanship. But it may be an uphill slog. On other major issues – healthcare, bank reform, and jobs – it's been hard to find agreement.
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Can Obama's deficit commission work, as partisanship rages?
Obama created a deficit commission Thursday that includes both Democrats and Republicans. But the move comes during an election year rife with mistrust and political maneuvering.
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Health care bill 2009: what happens next
President Obama hailed a key vote in the health care bill Monday morning. Several more Senate votes remain before a potential conference committee could take up the legislation.
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When bills go to conference committee, what happens?
The usual rules don’t apply in conference committee, where House and Senate bills – including upcoming health reform legislation – go to be reconciled.
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Senate healthcare debate Day 2: partisan warfare by amendment
The US Senate began voting Tuesday on amendments and counter-amendments to the healthcare reform bill, as senators battle to shape the final product.
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A history of presidential visits to Yellowstone National Park
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The artist who created the White House Christmas card
Landscape painter Tim Lawson re-created the view from the Truman balcony for a holiday card that the Bushes sent to friends and dignitaries around the world.
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