Originally published on Tue February 19, 2013 5:00 pm
Credit Mark Wilson / Getty Images
Just as Congress faces another self-imposed fiscal deadline, Erskine Bowles and Alan Simpson, the Democrat and Republican who were charged by the president in 2010 to present a fiscal reform plan, presented a second solution today that seeks to cut the deficit by $2.4 trillion in the next ten years.
As President Obama and congressional leaders started negotiations Friday to find a way to avoid the nation's going over the fiscal cliff, it was fairly plain that even some of those who are wisest in the ways of Washington couldn't agree on whether policymakers would actually be able to prevent the federal government from becoming a cliff diver.
