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Effort Being Made To Revive Bowles-Simpson Plan

May 1st, 2012 by WCBC Radio

An effort to revive the so-called Bowles-Simpson plan as a starting point in negotiations over a long-term debt-reduction plan is on the table- and Maryland Democratic Senator Ben Cardin said he hopes to see some positive movement this go around.  Bowles-Simpson is the product of the co-chairmen of President Obama's bipartisan fiscal commission that won the support of 11 of the 18 members in 2010. Despite getting bipartisan support on the commission, the plan didn't get the 14 votes needed to present the group's recommendations to Congress for a legislative vote. And since then critics on the left and the right have found much to object to in the plan. Indeed, the House recently voted down a version of the Bowles-Simpson plan offered as an amendment to the House budget. Senator Cardin, a Democrat, told local business leaders recently that he has no explanation as to why the plan hasn’t garnered more support…





One Response to “Effort Being Made To Revive Bowles-Simpson Plan”

  1. May 02, 2012 at 7:28 pm, Not being fooled said:

    Ben Cardin we know you will not vote for this just like the time you helped chased the jobs out of Maryland with your buddy idiot Harry Hughes

    Reply

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