The Skinny on the Federal Finances of the USA

Paul Summerville • April 4, 2012
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The terrible state of US finances is more about politics and political culture than about money. But it's also about money. Thanks to David S. of Victoria.

Charlie Rose – Erskine Bowles and Alan Simpson
Bowles and Simpson, Co-chairs of President Obama's bipartisan Deficit Commission discuss their proposal to reduce our deficit and balance the federal budget.

The Report

National Commission on Fiscal Responsibility and Reform

 

Pdf below -- National Commission On Fiscal Responsibility and Reform

Bi-partisanly rejected.

Huffington Post -- Simpson-Bowles Plan Rejected By House
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.

 

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National Commission On Fiscal Responsibility and Reform.pdf1.4 MB
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