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Showing posts with label debt reduction. Show all posts
Showing posts with label debt reduction. Show all posts

Wednesday, March 9, 2011

National Debt - Time for Deadlock Is Over


While lawmakers continued to beat their brains over how much spending is to be shaved next seven months, a few senators were trying to concentrate upon the next several decades, as they think it belongs there. Republican Sen. Mike Crapo was speaking at the launch of the Moment of Truth project on Capitol Hill, designed to give impetus to a bipartisan plan to the debt reduction. He's member of a small group of senators - three Republicans and three Democrats, known as the "Gang of 6" - attempting to craft legislation to that end.

The Proposal Of Comission - Cut $4 trillion In Debt