Simpson, Bowles propose $2.4 trillion U.S. deficit reduction

[riky]

Simpson, Bowles propose $2.4 trillion U.S. deficit reduction

<p><a href="http://news.yahoo.com/bipartisan-commission-proposes-2-4-trillion-deficit-reduction-143658525--business.html"><img src="http://l.yimg.com/bt/api/res/1.2/wJRl0B30v_Dt48rJE8Vwpw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-02-19T175820Z_2_CBRE91I14MJ00_RTROPTP_2_USA.JPG" width="130" height="86" alt="Bowles and Simpson take their seats to testify before the U.S. Joint Select Committee on Deficit Reduction during a hearing on Capitol Hill in Washington" align="left" title="Bowles and Simpson take their seats to testify before the U.S. Joint Select Committee on Deficit Reduction during a hearing on Capitol Hill in Washington" border="0" /></a>WASHINGTON (Reuters) - Two key deficit experts on Tuesday offered an updated plan to reduce U.S. government deficit spending by $2.4 trillion over 10 years through a combination of spending cuts, a healthcare overhaul and tax reform. The proposal came from Erskine Bowles, a Democrat who served as President Bill Clinton's chief of staff, and former Republican senator Alan Simpson, the co-chairmen of a former fiscal commission that President Barack Obama launched during his first term. ...</p><br clear="all"/>

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