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The Bipartisan Senate Proposal: Don’t believe the hype

by Masao Suzuki |
7/26/11
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The Bipartisan Senate Proposal is being pushed by the so-called Gang of Six - Saxby Chambliss (R-Georgia), Tom Coburn (R-Oklahoma), Kent Conrad (D-North Dakota), Mike Crapo (R-Idaho), Dick Durbin (D-Illinois), and Mark Warner (D-Virginia). Four of them were members of the National Commission on Fiscal Responsibility and Reform which was unable to pass a proposal to cut the Federal Budget deficit. This proposal has been welcomed by President Obama, who said that he endorsed the thrust of the proposal.

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