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Three year anniversary of Bowles-Simpson Plan

Dear Editor,
Dec. 1, 2013, is the three-year anniversary of the Report of the National Commission on Fiscal Responsibility and Reform, commonly known as the Bowles-Simpson Plan.
This plan to solve our federal debt problem detailed 10 changes to make Social Security sustainable for the next 75 years and beyond. It quantified how Social Security payments would change for each income bracket from the lowest (about three percent more) to the highest (about 20% less).
It replaced $1 trillion of tax deductions with a small number of provisions that promote work, home ownership, health care, charity and savings, and lowered ...


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