“The commission’s plan also increases revenue to 21 percent of GDP by 2022, and over time actually balances the budget,” said Conrad, who endorsed the commission’s final plan and is one of the ...

WASHINGTON Erskine Bowles and Alan Simpson, who have been pushing for a major deficit-reduction plan since leading a bipartisan commission on fiscal reform, released a new proposal Tuesday to cut the ...

Mr. Bloomberg-108th Mayor of New York City. Mr. Bowles-director of the Small Business Administration, deputy chief of staff (1994-95) and chief of staff (1996-98) (Clinton Administration). Mr. Simpson ...