A bolder deficit plan
A proposal by the co-chairmen of President Obama's deficit- reduction commission aims to cut the deficit to levels lower than in the CBO's baseline budget by slashing spending, eliminating tax breaks and reforming Social Security.
SOURCES: National Commission on Fiscal Responsibility and Reform, "The Federal Budget Outlook" by Alan J. Auerbach and William G. Gale | The Washington Post - Nov. 11, 2010
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