Obama launches fiscal reform panel
From: The Washington Times | April 27, 2010
President Obama on Tuesday kicked off the first meeting of the bipartisan fiscal commission he formed earlier this year, saying that "everything has to be on the table" when considering how to tackle the nation's massive debt and deficit problem. Mr. Obama created the 18-member panel through an executive order, tasking it with drafting proposals to address the fiscal insolvency by December. It is headed by Erskine Bowles, White House chief of staff during the Clinton administration, and former Wyoming Sen. Alan K. Simpson, a Republican. Mr. Obama's refusal to rule out unpopular suggestions such as tax increases have sparked ...
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