Login or Register
Welcome , Settings |  Logout

Deficit-Cutting Plan Wins More Support before Vote

Friday, 03 Dec 2010 07:24 AM

 

Share:
More . . .
A    A   |
   Email Us   |
   Print   |

Defying expectations, a bipartisan majority of President Barack Obama's deficit commission has rallied behind the panel's controversial deficit-slashing proposals.

A key Obama ally, liberal Democratic Sen. Dick Durbin of Illinois, endorsed the plan Thursday night, joining two of the Senate's most conservative Republicans.

The plan now has public commitments of support from a majority of the 18-member commission, but it still will fall short of the 14 votes needed to officially adopt it when the deficit-cutting panel votes on Friday.

Among its many contentious provisions, the plan would raise the Social Security retirement age and scale back popular tax deductions on health insurance and mortgage interest.

© Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by n class="logo-disqus"> Disqus
 
Email:
Country
Zip Code:
 
Hot Topics
Top Stories
Around the Web
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

 
 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved