CNN CNN Newsroom December 1, 2010
so the problem is real, the solutions are painful, and there are no easy choices. the bottom line from the co-chairman of the commission released its updated report. the combination of spending cuts and tax changes would slash $4 trillion in deficits over ten years. some of the recommendations for you now, on spending, about $200 billion in military and domestic cuts by 2015. on taxes, reforming the tax code by lowering rates, but scaling back tax breaks. the plan would also raise the federal gas tax by 15 cents a gallon. so social security, gradually raising the full retirement age ...
Source: archive.org