Deficit-Cutting Plan Fails to Advance to Capitol

December 3, 2010 RSS Feed Print
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[See a gallery of political caricatures.]

The plan, which was unveiled Wednesday, elicited catcalls from advocates on the left — over cuts to Social Security and other programs — and conservatives who oppose its estimated $1 trillion or so in higher tax revenues over the coming decade.

Baucus announced Thursday he couldn't support it. He said the plan "would cut pensions for military members, lower Social Security payments, raise the retirement age and limit Medicare benefits."

Tags:
Jan Schakowsky,
Richard Durbin,
Democratic Party,
John Spratt,
Kent Conrad,
Mike Crapo,
Xavier Becerra,
Associated Press,
Congress,
Max Baucus,
Tom Coburn,
Republican Party,
deficit and national debt

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