Tags: US | Deficit | Commission

Deficit-Cutting Plan Wins More Support before Vote

Friday, 03 Dec 2010 07:24 AM

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.

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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...
US,Deficit,Commission
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2010-24-03
 

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