Reduce non-health mandatory spending by reforming farm subsidies, modernizing civilian and military health and retirement programs, imposing various user fees, reforming higher education spending, and making other changes (Feb-Dec 2013)
Step 4: Make Social Security and Highway Funding Solvent and Medicare Sustainable
Simpson, a former GOP senator from Wyoming, and Bowles, a Democrat who served as President Clinton's chief of staff, have gained a reputation as centrist deficit-cutters. But their 2010 plan exposed the problem with centrism in a time of extreme partisanship, and both sides fled their deficit plan with extreme speed.
Two years later, Simpson and Bowles evidently hope that politics have changed enough to make their reforms more palatable.