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Old 08-13-2012, 02:54 PM   #41
scottw
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Quote:
Originally Posted by spence View Post
I thought Simpson-Bowles was certainly a step in the right direction. It's a shame the GOP led House voted it down. Yes, Obama wasn't a strong supporter but he never even had a bill to sign or reject.

-spence
"Which brings us to Simpson-Bowles (see how I did that?). On Wednesday, Reps. Jim Cooper and Steve LaTourette managed to put Simpson-Bowles to a vote before the House of Representatives. It didn't just fail. It got crushed. The final tally was 382-38. Twenty-two of the supporters were Democrats, while 16 were Republicans. But overall, the rejection was overwhelming, and overwhelmingly bipartisan."

Wonkbook: House reaches bipartisan deal to reject Simpson-Bowles - The Washington Post

Greenspan: Obama’s ‘Worst Mistake’ Was Rejecting Simpson-Bowles Deficit-Reduction Plan
http://www.moneynews.com/FinanceNews...5/02/id/437734

Geithner explains why Obama never embraced Bowles-Simpson
http://thehill.com/blogs/on-the-mone...bowles-simpson

Last edited by scottw; 08-13-2012 at 03:00 PM..
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