Simpson–Bowles deficit reduction plan

E99570

The Simpson–Bowles deficit reduction plan is a bipartisan U.S. fiscal reform proposal issued in 2010 that recommended spending cuts, tax reforms, and entitlement changes to reduce the federal budget deficit and stabilize the national debt.

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This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

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Generate an image of the Simpson–Bowles deficit reduction plan (The Simpson–Bowles deficit reduction plan is a bipartisan U.S. fiscal reform proposal issued in 2010 that recommended spending cuts, tax reforms, and entitlement changes to reduce the federal budget deficit and stabilize the national debt.)

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Statements (47)

Predicate Object
instanceOf United States federal fiscal policy proposal ⓘ
deficit reduction plan ⓘ
aimsTo reduce the United States federal budget deficit ⓘ
stabilize the United States national debt ⓘ
alsoKnownAs Bowles–Simpson plan ⓘ
Simpson–Bowles plan ⓘ
appliesTo United States federal government ⓘ
chairperson Alan K. Simpson ⓘ
Erskine Bowles ⓘ
commissionEstablishedBy President Barack Obama ⓘ
linked to: Barack Obama
commissionEstablishmentDate 2010-02-18 ⓘ
commissionType bipartisan presidential commission ⓘ
commissionVoteThreshold 14 of 18 members required for formal recommendation ⓘ
context aftermath of the late-2000s financial crisis ⓘ
country United States ⓘ
describedAs bipartisan ⓘ
documentTitle The Moment of Truth ⓘ
focusesOn deficit reduction ⓘ
long-term fiscal sustainability ⓘ
hasPart entitlement reform recommendations ⓘ
spending cuts recommendations ⓘ
tax reform recommendations ⓘ
inception 2010 ⓘ
influencedDebateOn United States deficit reduction discussions in the 2010s ⓘ
language English ⓘ
legislativeStatus not enacted into law ⓘ
mediaType report ⓘ
namedAfter Alan K. Simpson ⓘ
Erskine Bowles ⓘ
policyArea budgetary policy ⓘ
entitlement policy ⓘ
fiscal policy ⓘ
tax policy ⓘ
politicalOrientation centrist fiscal reform proposal ⓘ
proposedBy National Commission on Fiscal Responsibility and Reform ⓘ
proposedEntitlementChange Medicare cost containment measures ⓘ
Social Security reform ⓘ
proposedSpendingPolicyChange defense spending cuts ⓘ
discretionary spending caps ⓘ
non-defense discretionary spending cuts ⓘ
proposedTaxPolicyChange broaden the tax base ⓘ
lower marginal income tax rates ⓘ
reduce tax expenditures ⓘ
publicationDate 2010-12-01 ⓘ
receivedCommissionSupport 11 of 18 members ⓘ
recommendedDebtTarget stabilize debt-to-GDP ratio ⓘ
timePeriodAddressed medium- and long-term U.S. fiscal outlook ⓘ

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Referenced by (7)

Full triples — surface form annotated when it differs from this entity's canonical label.

Erskine Bowles → notableWork → Simpson–Bowles deficit reduction plan ⓘ
Erskine Bowles → notableWork → Simpson–Bowles deficit reduction plan ⓘ
subject linked to: Bowles
Simpson–Bowles deficit reduction plan → alsoKnownAs → Simpson–Bowles plan ⓘ
linked to: Simpson–Bowles deficit reduction plan
Simpson–Bowles deficit reduction plan → alsoKnownAs → Bowles–Simpson plan ⓘ
linked to: Simpson–Bowles deficit reduction plan
The Moment of Truth → subtitle → Report of the National Commission on Fiscal Responsibility and Reform ⓘ
linked to: Simpson–Bowles deficit reduction plan
The Moment of Truth → alsoKnownAs → Simpson–Bowles report ⓘ
linked to: Simpson–Bowles deficit reduction plan
The Moment of Truth → alsoKnownAs → Simpson-Bowles deficit report ⓘ
linked to: Simpson–Bowles deficit reduction plan