1. New Deficit Plans Calls for Reduction in Social Security
... 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 ... frozen for three years, and 200,000 workers will lose their federal jobs through attrition if the proposal is passed (Andrew and Kuhnhenn). However, the plan is sure to face great opposition from the deficit commission board, which holds eighteen members. A fourteen vote bipartisan supermajority is needed ...
- Word Count: 495
- Approx Pages: 2
- Has Bibliography
- Grade Level: Undergraduate