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WASHINGTON | Fri Nov 19, 2010 11:08am EST

WASHINGTON (Reuters) - The co-chairmen of President Barack Obama's deficit commission on Friday said they will make public the panel's report on how to balance the U.S. budget even if it doesn't get enough votes from commission members to be submitted to Congress.

Former Republican Senator Alan Simpson and former White House Chief of Staff Erskine Bowles have already issued their recommendations aimed at cutting the deficit by reducing spending, eliminating tax breaks and modifying Social Security, Medicare and Medicaid.

But the commission's final report must win support from 14 of the commission's 18 members before it can be officially submitted to Congress for a vote, according to a mandate imposed by Obama.

The recommendations have drawn skepticism from both sides of the political spectrum, with Republicans rejecting proposed tax hikes and Democrats chafing at prospects for altering the Social Security retirement system or the Medicare and Medicaid healthcare programs for the elderly and poor.

But Bowles and Simpson told MSNBC they will issue the report regardless of how many votes it wins.

"We aren't going to make a whitewash. We aren't going to make it softer than it is today. It's going to be a tough report. If we get 14 votes, great. If we don't, then by God, we'll put it out there," Bowles said.

Added Simpson: "We will issue the report. We've told the administration."

The pair appeared on MSNBC's "Morning Joe" talk show program.

Bowles warned lawmakers not to ignore the recommendations, which also call for defense cuts and a hike in the gasoline tax but would reduce tax rates overall.

"They will be severely penalized if they take a walk and don't make these tough decisions and don't get real," said Bowles, predicting that no meaningful action to reduce the burgeoning deficit would bring "absolute disaster."

Voter concern about the federal deficit and mounting U.S. government debt helped Republicans oust the Democrats as the majority party in the House of Representatives in the November 2 elections.

But much of the debate since election day has focused on eliminating spending provisions known as earmarks, cutting waste and fraud, and trimming foreign assistance.

Simpson and Bowles will seek commission approval for their recommendations by December 1. They said Friday they expect the commission to meet again soon after Congress returns following next week's Thanksgiving holiday.

(Editing by Eric Beech)

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Comments (3)
vamarine52 wrote:
What is reality? The reality is our national debt is $13.6 trillion and our national deficit is $1.3 trillion. This isn’t a Democratic or Republican problem. It’s an American problem. Can sustained economic recovery happen under these conditions? Can we maintain our role as a great nation under these conditions? I don’t believe that possible. What are the answers to these issues? They are found within each American citizen. We must expect that our elected representatives be Americans first, Virginians second and lastly party members. We must demand that our elected officials have the courage to implement governmental policies that restrain and eliminate the mushrooming national debt and deficit. We must ensure that our politicians know we will support them in their efforts to accomplish this daunting but doable task. We must accept the fact that every segment of our society will be painfully impacted by the remedies and that no section of the citizenry is exempt. Special interests must be supplanted by only the American interest. The solutions demand that students, senior citizens, families, veterans, agriculture, governments at all levels, rich, poor, middle class, unions, and business share in the present burdens to accomplish the future benefits. As Benjamin Franklin stated “we all hang together or we will most certainly all hang separately”. We must realize that we didn’t rapidly reach this critical condition and we won’t rapidly cure it. This is a long term battle on which the future of our Republic hangs. All possible solutions must be on the table and promptly and judiciously evaluated. What might some possible medicines be for national recovery?
•Pass a balanced budget amendment.
•Establish a national goal that the national debt will be eliminated within a set period of time.
•Reduce the size and expenditures of the national government by a set percentage over a set period of time.
•Eliminate Federal subsidy programs.
•Eliminate unfunded federal mandates.
•Adjust the qualification age for Social Security and Medicare to reflect the increased life expectancy of Americans.
•Establish a national sales tax dedicated to retirement of the national debt.
•Consider entitlement payments as taxable income.
•Revamp our corporate tax system to make American businesses more competitive.
•Revamp our individual income tax system to ensure all Americans contribute fairly to the well being of our nation.
•Buy products made in America by Americans instead of less expensive foreign products.
If policies such as these are implemented will there be associated pain? Yes. Will many citizens and interests groups scream that they should be exempt? No doubt that will happen. Should I suffer any more or less than you? No. We either all pull our share of the load and save our country or we admit we lack the courage our time of trial required. We can then reminisce and tell our grandchildren about a great nation that existed a long, long time ago, the United States of America. Consider the national consequences of our existing condition.

Barry Turpin

Nov 19, 2010 12:26pm EST  --  Report as abuse
WorldViews wrote:
Not one of our leaders will care about thiw plan. It is talking points for them. Does not help there reelection. ?

Nov 19, 2010 2:02pm EST  --  Report as abuse
actnow wrote:
It’s really up to citizens to get real about this situation and demand that their representatives stonewall at their own peril. Cowardice must be punished; no exceptions.

Nov 19, 2010 3:08pm EST  --  Report as abuse
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