This is the companion blog to the MyGovSpending.com website.





Monday, October 10, 2011

Obama Supporter and Former Union Leader Andy Stern Believes President Made a Mistake by Not Pushing Simpson-Bowles Deficit Reduction Plan.

At a confab of heavy hitting federal budget players a couple of weeks ago, the most frequent White House visitor early in Obama's administration, his confidant and advisor, Andy Stern, said the President made a mistake by not supporting the Simpson-Bowles budget plan of late last year. 

"That was our best opportunity at a moment in history to do something."

He blamed himself for not voting for the plan, as well as those across the aisle including fiscal conservatives Paul Ryan, Dave Camp, and Jeb Hensarling.

Simpson Bowles would have lowered tax rates, simplified the tax code, and cut spending.

The Andy Stern comment comes at about 1 hour and 50 minutes into the Panel Two discussion, available at http://www.c-span.org/Events/Leaders-Urge-Deficit-Reduction-Committee-to-quotGo-Bigquot/10737424299/

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