Feb. 19 (Bloomberg) -- The leaders of President Barack Obama’s 2010 deficit commission offered a $2.4 trillion plan to reduce the debt as Congress approaches a March 1 deadline for averting across-the-board federal spending cuts.

The proposal by Democrat Erskine Bowles, President Bill Clinton’s former chief of staff, and Republican Alan Simpson, a former senator from Wyoming, would accomplish debt savings over 10 years in steps, rather than through one major piece of legislation.

Register or login for access to this item and much more

All Health Data Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access