Political Capital

Posts tagged: Simpson-Bowles

A same-sex couple get married at the Oakland County Courthouse on March 22, 2014 in Pontiac, Michigan.

Photograph by Bill Pugliano/Getty Images

A same-sex couple get married at the Oakland County Courthouse on March 22, 2014 in Pontiac, Michigan.

Simpson’s Simple Republican Message: ‘If You Love Someone… Marry Them’

Alan Simpson has an idea of what it means to be a Republican: Getting government out of the lives of Americans. And that, according to the retired senator from Wyoming, includes the question of same-sex marriage. The characteristically candid and...

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Senior citizens protest against cuts to federal safety net programs, including Social Security, Medicare, and Medicaid in Chicago.

Photograph by Scott Olson/Getty Images

Senior citizens protest against cuts to federal safety net programs, including Social Security, Medicare, and Medicaid in Chicago.

Bloomberg by the Numbers: $2.4 Trillion

That’s the amount of deficit reduction projected over 10 years under a new proposal from Erskine Bowles and Alan Simpson. Bowles and Simpson, who led President Barack Obama’s 2010 deficit commission, introduced a plan yesterday that would achieve savings in...

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Erskine Bowles, co-chairman of President Obama's deficit commission, right, and Alan Simpson, fellow co-chairman of the deficit commission, pose for a portrait at the Russell Senate office building in Washington.

Photograph by Andrew Harrer/Bloomberg

Erskine Bowles, co-chairman of President Obama's deficit commission, right, and Alan Simpson, fellow co-chairman of the deficit commission, pose for a portrait at the Russell Senate office building in Washington.

Simpson, Bowles Divided on One Issue

For nearly three years Alan Simpson and Erskine Bowles have been joined at the hip. Simpson the Republican, former Wyoming Senator with the sharp wit, and Bowles the Democrat, former Clinton chief of staff with the investment banker pedigree, formed...

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Lloyd C. Blankfein says he would be willing to pay higher taxes if he felt the increase was part of a solution aimed at helping reduce the national debt.

Photograph by Norm Betts/Bloomberg

Lloyd C. Blankfein says he would be willing to pay higher taxes if he felt the increase was part of a solution aimed at helping reduce the national debt.

Blankfein: Tax Me, If It Will Help

Goldman Sachs Group Inc. Chief Executive Officer Lloyd C. Blankfein says he would be willing to pay higher taxes if he felt the increase was part of an overall solution aimed at helping reduce the national debt. “No one is...

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Rep. Paul Ryan during a rally at the University of Central Florida in Orlando, Florida, on September 22, 2012.

Photograph by Joe Burbank/Orlando Sentinel/MCT/Getty Images

Rep. Paul Ryan during a rally at the University of Central Florida in Orlando, Florida, on September 22, 2012.

Ryan: Romney Offering `Clear Choice’

Rep. Paul Ryan, who served on the Simpson-Bowles commission and voted against the chairmen’s plan for addressing the deficit, says he’d oppose it again today. The reason, he says, is it didn’t include reforms in health-care entitlement spending. “I want...

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Senator John McCain during the Republican National Convention.

Photograph by Daniel Acker/Bloomberg

Senator John McCain during the Republican National Convention.

Simpson-Bowles Outline for Budget Deal, McCain Says

Senator John McCain is throwing his weight behind Simpson-Bowles. To avoid the looming fiscal cliff, Congress should consider the bipartisan debt commission’s budget proposal as “a broad outline for a solution,” the Arizona Republican says. “Everybody knows what the solution...

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President Barack Obama in Arlington, Virginia.

Photograph by Saul Loeb/AFP/Getty Images

President Barack Obama in Arlington, Virginia.

Obama’s Book Explanation Doesn’t Reflect Plan

President Barack Obama misrepresented the majority recommendation of the bipartisan deficit commission he appointed in an interview the president gave to journalist Bob Woodward for a book released today. Obama is quoted in “The Price of Politics” telling the famed...

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Attendees sit under the National Debt Clock at the Republican National Convention (RNC) in Tampa.

Photograph by Robyn Beck/AFP/Getty Images

Attendees sit under the National Debt Clock at the Republican National Convention (RNC) in Tampa.

$16 Trillion Debt `Grim Landmark’ — Republicans say as Democrats Open

At the Republican National Convention in Tampa last week, digital debt clocks hanging above the convention floor alerted delegates to the rising toll of the accrued federal debt: Approaching $16 trillion as Mitt Romney accepted his party’s nomination for president....

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House Budget Committee Chairman Paul Ryan puts up a chart as he gives the GOP response to President Obama's budget submission for Fiscal Year 2012.

Photograph by J. Scott Applewhite/AP Photo

House Budget Committee Chairman Paul Ryan puts up a chart as he gives the GOP response to President Obama's budget submission for Fiscal Year 2012.

Ryan Nixed Debt Deal Romney Touts

Representative Paul Ryan was a pivotal figure in killing the 2010 Bowles-Simpson agreement, which Republican presidential candidate Mitt Romney now holds out as a model for putting America’s fiscal house in order. The 18-member panel needed 14 votes to send a 10-year plan to...

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