'The Moment of Truth': President's Debt Commission Releases Final Report

In a 59-page report released today entitled "The Moment of Truth," President Obama's federal-deficit commission outlined a sweeping plan to cut costs in an effort to nurse the country's ailing economy back to fiscal health. The president had tasked commission co-chairmen Erskine Bowles and Alan Simpson with devising a plan to reduce the deficits and redirect the country from its "unsustainable" fiscal path. The end result is a wide-ranging and controversial report that its supporters touted as...Full Story
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