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Erskine Bowles

The 12 members of Congress on the deficit reduction committee have my deepest admiration and respect. They face probably the greatest challenge they've ever faced or ever will, at least in political life!

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Deficit cutting deadline nearupdated: Wed Nov 16 2011 08:23:00

John King, Sen. Saxby Chambliss and Rep. Heath Shuler discuss the super committee's looming deadline.

CNNMoney: 'Go big' advocates to debt committee: Don't wimp outupdated: Tue Nov 01 2011 18:15:00

The congressional debt committee, three weeks from its deadline and reportedly deadlocked, got a polite earful on Tuesday from four of the most passionate proponents of a big, balanced and bipartisan deficit-reduction plan.

CNNMoney: National debt panel urged to 'go big'updated: Mon Sep 12 2011 16:29:00

When it comes to cutting deficits, don't play small ball.

The debt rhetoric: How we got hereupdated: Wed Aug 03 2011 08:45:00

Since the issue arose in January until now, we take a look back at key moments in the U.S. debt debate.

Debt deal a timid baby stepupdated: Wed Aug 03 2011 08:45:00

The mountain roared and gave birth to a mouse. Even after taking the country to the brink of economic disaster, our leaders in Washington still could not forge a broad, bipartisan consensus on a plan to stabilize the debt. As I predicted here last week, Congress found a way to muddle through the current debt limit crisis by promising to deal with the debt later.

CNNMoney: Who would follow Geithner?updated: Fri Jul 01 2011 15:38:00

Timothy Geithner said Thursday that he plans to stay on as Treasury Secretary for the foreseeable future. But that hasn't stopped speculation about who might take his place later this year.

CNNMoney: Debt panel chiefs grade Obama's planupdated: Thu Apr 14 2011 17:09:00

Two key players in the debate over how to get the nation's fiscal act together have offered their support for President Obama's plan to bring down deficits.

Fortune: How to build the political will for budget cutsupdated: Thu Apr 14 2011 09:38:00

Our nation faces the most predictable economic crisis in its history. Spending is rising rapidly, and revenues are failing to keep pace. As a result, the federal government is forced to borrow huge sums each year to make up the difference. If not addressed, burgeoning deficits will eventually lead to a fiscal crisis, at which point the world's financial markets will force decisions upon us.

CNNMoney: Turning up the heat for broad debt fixupdated: Thu Mar 31 2011 15:16:00

As lawmakers and the White House squabbled over the 2011 budget, dozens of prominent economists, former government officials and business leaders pressed them on Thursday to get serious about forging a long-term fix for the country's unsustainable debt.

CNNMoney: National debt: 'Time for gridlock is over'updated: Wed Mar 09 2011 10:54:00

As lawmakers continued to butt heads over how much spending should be cut over the next seven months, a few senators on Tuesday were trying to keep the focus where they think it belongs -- the next several decades.

CNNMoney: Dear Mr. President: Don't punt on debtupdated: Tue Jan 25 2011 06:10:00

Commentary: Maya MacGuineas is the director of the fiscal policy program at the New America Foundation.

CNNMoney: Deficit hawks find tax-cut deal 'exasperating'updated: Wed Dec 08 2010 14:52:00

Last week was such a happy week for deficit hawks. This week, they're back to beating their heads against the wall.

CNNMoney: A debt fix to believe inupdated: Tue Dec 07 2010 11:34:00

Commentary: Maya MacGuineas is the director of the fiscal policy program at the New America Foundation.

Fortune: Corporate America shrugs off deficit planupdated: Thu Dec 02 2010 14:00:00

The deficit reduction plan that President Obama's bipartisan commission will vote on tomorrow is drawing sharp fire from ideological groups on both the left and the right. To bring federal spending in line with revenues, the proposal released by co-chairmen Alan Simpson and Erskine Bowles inflames liberals by slashing spending on social programs and conservatives by raising taxes.

Debt: National security threat?updated: Thu Dec 02 2010 10:15:00

Richard Haass, president of Council on Foreign Relations, says debt is the biggest threat to U.S. national security.

Debt panel 'goes there' on Social Securityupdated: Thu Dec 02 2010 10:15:00

As topics go, reducing the national debt, revamping the tax system, and reforming entitlements are awfully dry. So how contentious, emotional and divisive would you expect a national discussion of these items to be?

CNNMoney: Obama debt panel delays final voteupdated: Tue Nov 30 2010 17:12:00

The leaders of President Obama's debt commission said Tuesday that they would delay a vote on final recommendations until Friday.

Fortune: Deficit reduction pleas fall on deaf earsupdated: Tue Nov 23 2010 12:49:00

Twenty years ago last month, a new breed of Republicans was asserting itself in Congress. President George H.W. Bush thought he had bipartisan support for a budget deal to tackle the deficit through steep spending cuts and some tax increases.

CNNMoney: 10 ways to cut Uncle Sam's budgetupdated: Wed Nov 17 2010 07:44:00

Cut the budget! That was the rallying cry for many candidates of both parties, but if you listened closely, you heard little in the way of specifics.

CNNMoney: Stop whining about Bowles-Simpson. Let's make it betterupdated: Mon Nov 15 2010 07:10:00

Commentary: Maya MacGuineas is the director of the fiscal policy program at the New America Foundation.

The time for fiscal action is nowupdated: Fri Nov 12 2010 08:13:00

This week, co-chairs Erskine Bowles and Alan Simpson issued their joint proposal for consideration by the full National Commission on Fiscal Responsibility and Reform. Their joint proposal represents a commendable, comprehensive, aggressive and good faith effort to address our nation's structural deficit. It recognizes the need for economic recovery now while addressing the structural deficits that represent the real threat to our collective future.

What to cut? Who pays more?updated: Fri Nov 12 2010 08:13:00

CNN's John King discusses the tough decisions behind cutting the deficit.

CNNMoney: Blowing up the tax codeupdated: Fri Nov 12 2010 07:57:00

So much to love. So much to hate.

Draft deficit plan launches likely grueling political battleupdated: Thu Nov 11 2010 06:28:00

The release Wednesday of a draft proposal for reducing the federal deficit made clear how hard it will be to devise a sustainable plan that can win the necessary political support.

CNNMoney: $4 trillion in deficit cuts proposedupdated: Wed Nov 10 2010 18:01:00

In a surprise move Wednesday, the co-chairmen of President Obama's fiscal commission released their preliminary proposals to curb growth in U.S. debt.

CNNMoney: Deficit debate: Game onupdated: Wed Nov 03 2010 13:03:00

Many of the winners in the mid-term elections spent a lot of time pontificating about the perils of the nation's debt.

CNNMoney: U.S. debt: When is it safe to start cutting?updated: Wed Jul 21 2010 07:44:00

It's a refrain for those who think the government should do more to help the economy: The recovery is still fragile, so policymakers should wait before reining in U.S. debt.

CNNMoney: Obama's debt panel: Hints of an endgameupdated: Mon Jul 19 2010 03:59:00

How to get the federal budget back on the right track? Here are just two ideas from the co-chair of the president's bipartisan debt commission: Rein in tax breaks. Set hard caps on federal revenue and spending.

Tough calls ahead for deficit commissionupdated: Tue Jul 13 2010 09:54:00

Just when we are exhausted from hard times, we have to brace ourselves for more of them around the corner.

CNNMoney: 'Many difficult tradeoffs' on federal debtupdated: Tue Apr 27 2010 15:28:00

Congress must craft a credible plan soon to bring spending in line with revenue to close the unsustainable fiscal gap threatening the economy, key policymakers urged Tuesday.

CNNMoney: Debt panel: The playersupdated: Tue Apr 27 2010 08:18:00

Here's a list of the names and affiliations of the 18 members sitting on President Obama's Bipartisan National Commission of Fiscal Responsibility and Reform.

CNNMoney: President orders debt panel, names chairmenupdated: Thu Feb 18 2010 11:57:00

President Obama issued an executive order on Thursday that formally creates a bipartisan fiscal commission, a first step to forcing painful decisions needed to get the U.S. debt load under control.

Clinton staff disputes he's 'exhausted'updated: Sat May 28 2005 17:19:00

Former President Bill Clinton will continue his tour of the Maldives and Indonesia in the tsunami-hit regions in Southeast Asia on Sunday.

Burr beats Bowles for Edwards' seatupdated: Wed Nov 03 2004 00:11:00

Former White House Chief of Staff Erskine Bowles conceded defeat to Republican Rep. Richard Burr in the race for John Edwards' North Carolina Senate seat.

Fortune: How Teddy Forstmann Lost His Groove The Forstmann Little chief, one of the greatest dealmakers ever, has updated: Mon Jul 26 2004 00:01:00

There was a time when there was no more colorful character on Wall Street than Theodore "Teddy" Forstmann. It was the 1980s, the era of Big Swinging You-Know-Whats and Masters of the Universe. Alon...

Fortune: Correction and Amplification updated: Mon Oct 16 2000 00:01:00

In the Oct. 2 edition of FORTUNE, we goofed. We reversed the birthplaces of J.P. Morgan CEO Sandy Warner and Chase CEO Bill Harrison. Warner isn't from North Carolina, but Harrison is--and as a mat...

Money Magazine: What to expect from Clinton The President calls small business the "engine of economic growth." But some updated: Fri Oct 15 1993 00:01:00

To assess whether Bill Clinton has been good or bad for small companies, and what he will do in the future, MONEY convened a blue-ribbon panel composed of Erskine Bowles, the head of the Small Busi...

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