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Simpson-Bowles back to reiterate the problem

February 20, 2013
Gary Andersen, Lee Smith , Fairmont Sentinel

One of the things for which President Barack Obama deserves great credit is his appointment of a deficit-reduction commission, led by former White House chief of staff Erskine Bowles, a Democrat, and former Wyoming Sen. Alan Simpson, a Republican. "Simpson-Bowles" formulated a plan that involved tax hikes on wealthier Americans, in addition to twice as much, or more, reductions in federal spending.



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