Understanding The Gang Of Six Plan

Tom Coburn

Earlier this week we reported that the Gang of Six deficit reduction plan isn’t much of a plan at all — rather a “framework,” for a future agreement.

Now Keith Hennessey, a former economic advisor for President George W. Bush and a research fellow at the Hoover Institution, provides this detailed guide to what the plan includes, and what it doesn’t.

(Hint: It doesn’t raise the debt ceiling.)

READ: Understanding the Gang of Six plan

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