Obama establishes deficit commission
WASHINGTON |
WASHINGTON Feb 18 (Reuters) - President Barack Obama on Thursday named Erskine Bowles, former chief of staff to President Bill Clinton, and former Republican Senator Alan Simpson to lead a bipartisan commission to propose ways to tackle the ballooning U.S. deficit.
Obama, a Democrat, said he was establishing the commission to study options on spending and taxes after lawmakers failed to create a congressional panel on the issue.
(Editing by Caren Bohan)
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