Draft recommendations from the National Commission on Fiscal Responsibility and Reform
November 10, 2010 12:11 PM Subscribe
posted by Joe Beese (125 comments total)
8 users marked this as a favorite
In a surprise move, the co-chairs of the National Commission on Fiscal Responsibility and Reform
, former Clinton Chief of Staff Erskine Bowles and former Senator Majority Whip Alan Simpson (R-WY), held a press conference today - three weeks in advance of the due date for the Commission's final report - to announce their draft recommendations
on how to reduce the federal budget deficit.
Issuance of the final report will require agreement of 14 of the Commission's 18 members. Some of their initial reactions
“This is not a package that I could support,” Representative Jan Schakowsky, an Illinois Democrat, said during a break in a private meeting by the commission. She said any package able to win 14 votes on the panel would have to look “very different” from the options being discussed.
Senator Dick Durbin, an Illinois Democrat, called the plan a “starting point for the conversation.”
“We’re not going to have an up-or-down vote on this,” said Durbin. “There are proposals in there that are painful. I told them I said there are things in here which inspire me and other things which I hate like the devil hates holy water. I’m not going to vote for those things.”
Some Republicans also expressed skepticism that the report would survive in its current form. New Hampshire Senator Judd Gregg called the plan a “starting point.” Representative Jeb Hensarling of Texas said “some of it I like, some of it disturbs me.”