Liberals are up in arms about the new Simpson-Bowles deficit reduction framework because, in brief, it calls for about $1.4 trillion less in revenue over ten years than Simpson-Bowles 1.0 (let's call it SB 1) along with roughly another $1.8 trillion in spending cuts, counting interest savings.
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What would Simpson-Bowles 2.0 do to Medicare?
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Liberals are up in arms about the new Simpson-Bowles deficit reduction framework because, in brief, it calls for about $1.4 trillion less in revenue over ten years than Simpson-Bowles 1.0 (let's call it SB 1) along with roughly another $1.8 trillion in spending cuts, counting interest savings.