Simpson-Bowles was a non starter that no one took serious at the time. It took away the mortgage deductions, raised gas taxes,and was a joke then and is a joke now. Of course, when you compare it to the penny plan, it looks like genius.
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Originally posted by: alanleroy
There was no equivalent of the 'Louisiana Purchase' investment made with the 13 Trillion of Debt our last two administrations racked up. Where did all the money go?

Quote8 of 14 on the bipartisan committee favored it. Maybe you think it was a joke because our top political leadership has been a joke on fiscal responsibility for 16 years. It's always a joke until the bills come due.
Originally posted by: billryan
Simpson-Bowles was a non starter that no one took serious at the time. It took away the mortgage deductions, raised gas taxes,and was a joke then and is a joke now. Of course, when you compare it to the penny plan, it looks like genius.