A Quote by Joe Klein

In point of fact, 'Simpson-Bowles' has become a symbol, or SimBowl, rather than an actual plan, political shorthand for the process of long-term deficit reduction.

Joe Klein

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Actual Become Deficit Fact Long Long-Term Plan Point Political Process Rather Reduction Shorthand Simpson Symbol Term Than

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Joe Klein
American - Journalist
Born: September 7, 1946

President Obama has offered a plan with 4 trillion dollars in debt reduction over a decade, with two and a half dollars of spending reductions for every one dollar of revenue increases, and tight controls on future spending. It's the kind of balanced approach proposed by the bipartisan Simpson-Bowles commission.

William J. Clinton

I think it's very important not to confuse the importance of dealing with Social Security in the long term with these short-term deficit reduction challenges. They're different issues.

Jack Lew

The Farm Bill is one of the only bills that provides substantial deficit reduction that passed the Senate this year. It only makes sense that this deficit reduction bill would be included in a larger deficit reduction agreement.

Debbie Stabenow

When you're talking about long-term deficit reduction, $4 trillion worth, entitlement reform needs to be part of it.

Dick Durbin

I believe that we should allow younger workers to contribute toward a personal account that they own, as long as it is coupled with deficit reduction measures that enhance the long-term condition of Social Security.

Cliff Stearns

Romney said that his tax reform proposal is 'very similar to the Simpson-Bowles plan.' How I wish it were.

Erskine Bowles

We agree with Simpson and Bowles and others who have looked at this. What's necessary is to stabilize the debt and then work from there. You can't balance the budget in the short term because to do that would be to ratchet down the economy.

David Axelrod

Democracies are expense-averse and they think in terms of short-term, political interests rather than a long-term interest in stability.

Samantha Power

When Republicans say, 'The first thing you do when you do deficit reduction is reduce rates,' it would be like Democrats saying, 'The first thing you do when you do deficit reduction is provide free Medicare at age 55.' We'd like to do that! But it won't bring the deficit down. That's for sure.

Chuck Schumer

Actually, as president of the Conference of Mayors, we passed the Simpson-Bowles plan as a template, as a template, as a frame work for moving forward and the president has done the same.

Antonio Villaraigosa

Until the President produces a responsible deficit reduction plan, I'm not going to the White House to negotiate with myself.

Jeff Landry

In the same way we have a long-term plan for building roads, we have to have a long term plan to build transit.

Kathleen Wynne

Tax rates for the wealthy should revert to Clinton-era levels, both because it is necessary for long-term deficit reduction and because fairness dictates it. Moreover, there is no proof that higher marginal rates dissuade investment, all the rhetoric from the Right notwithstanding.

Eliot Spitzer

As soon as the recovery is well under way, we need to set up a long-term plan to reduce the structural deficit and make sure we are not leaving a mountain of debt for the next generation.

Barack Obama

Honest talk about the deficit is risky. Voters are more enthusiastic about the abstract notion of deficit reduction than about the painful details of accomplishing it.

Christina Romer

But the debt limit obviously is something that needs to and will be passed. That is not inconsistent with a process and a belief that we have to get significant deficit reduction.

David Plouffe

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