This article contains several charts and videos concerning the National Commission on Fiscal Responsibility and Reform. All the charts expand to make the data easier to view. Click on a chart to expand it, and click on the expanded chart to shrink it back to its original size.
The National Commission on Fiscal Responsibility and Reform was a bipartisan, meaning it involved members from both the Democratic and Republican political parties, commission “charged with identifying policies to improve the fiscal situation in the medium term and to achieve fiscal sustainability over the long run.” The Commission is sometimes referred to as the Bowles-Simpson Commission, Simpson-Bowles Commission, or Fiscal Commission.
The Commission had three groups:
- Discretionary Working Group to “research and discuss issues related to discretionary spending.”
- Mandatory Working Group to “research and discuss issues related to mandatory spending.”
- Tax Reform Working Group to “research and discuss issues related to tax reform.”
Following are some of the charts and information from the report. Click on the chart to expand it for easier viewing, click again on the expanded chart to shrink it back to its original size.
Click on the chart below to see an enlarged, clearer chart.
Click on the chart below to see an enlarged, clearer chart.
Click on the chart below to see an enlarged, clearer chart.
Click on the chart below to see an enlarged, clearer chart.
Click on the chart below to see an enlarged, clearer chart.
Click on the chart below to see an enlarged, clearer chart.
To read the entire report, click on The Moment of Truth. To view the Commission website, click on National Commission on Fiscal Responsibility and Reform.
Following are three videos with the co-chairmen of the commission, Erskine Bowles and Alan Simpson.
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