1. New Deficit Plans Calls for Reduction in Social Security
... controversial proposal involving the budget deficit is scheduled for release on Wednesday. The new plan, constructed by Erskine Bowles and Alan Simpson, is a revised draft of the plan proposed earlier this month, that also resulted in great controversy. Changes to the second draft include higher domestic cuts than the original version, as well as a decrease in the health care savings from ... opposition from the deficit commission board, which holds eighteen members. A fourteen vote bipartisan supermajority is needed to pass the bill, and the votes will most likely fall way short of thi...
- Word Count: 495
- Approx Pages: 2
- Has Bibliography
- Grade Level: Undergraduate