‎$4 trillion in deficit cuts proposed

 ‎$4 trillion in deficit cuts proposed
Nov-10--2010--The report from Erskine Bowles and Alan Simpson recommends spending cuts beginning in 2012, as well as tax reform and other ways to reduce the deficit by $4 trillion over the next decade. Three quarters of those savings would be achieved through spending cuts and the rest through higher taxes.Deficit plan gets tepid response Deficit Plan Scraps Pentagon Jets, Tanks, Trucks
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