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Bowlessimpson proposal. Erskine bowles saying the gop offer does not represent the plan, he says both sides are kind of far away from it at this point and that its now up to negotiators to figure out where the middle ground is today. Bowles said that the mid point that i used back in this is where we were last year. So used the mid point of the negotiations, but its in longer the mid point i guess. He also said he is a testimony, but he has separated himself from the administration by saying that they thoo should have taken more of their proposals more seriously. He also said last night that you will see higher marginal tax rates. Higher marginal or effective . Higher mar begin ginal rates talking about last night. Thats part of the 500. He thinks as part of the compromise to get there, youll have to see the democrats get their way in terms of higher marginal tax rates. He also said that the republicans should be able to see higher entitlement cuts, that that should be part of this con ....
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