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Respected former U.S. Senator: ‘What a nuthouse’

August 31st, 2012
08:19 AM ET

By Samuel Burke, CNN

Austerity, debt, taxes growth – those aren’t just the words to describe the eurozone crisis, they’re the critical issues driving the U.S. Presidential campaign

President Obama tried an age-old Washington D.C. trick to break the political logjam in 2010: he appointed a commission called "Simpson Bowles," – after its bipartisan chairmen – to come up with a proposal to balance the budget and cut the debt. And they did. But it went nowhere when it came to implementation. And the only thing both political parties agree on is that it's the other's party’s fault.

On Wednesday night Republican Vice Presidential candidate Paul Ryan said, “[Obama] created a bipartisan debt commission. They came back with an urgent report. He thanked them, sent them on their way, and then did exactly nothing.”

Ryan failed to mention he served on the Simpson Bowles Commission and voted against the plan. The failure to act on the proposal is symbol of the incredible partisanship in Washington D.C.  FULL POST


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