Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  February 19, 2013 16:35:36

U.S. - presented a new plan for debt reduction in the amount of 2.4 trillion

Erskine Bowles and Alan Simpson presented a new proposal for reduction of U.S. debt, which should be over the next 10 years to generate savings in the total amount to 2.4 trillion USD.

Bowles is a former head office of President Clinton. Simpson is a former Republican Senator for Wyoming. Both were appointed in 2010, members of the Obama financial team.

Bowles / Simpson proposal assumes that the total reduction will be in several smaller steps. For one quarter of the total reduction generated by changes in health care through lower payments to health insurance companies and higher payments to wealthier Americans. Another quarter of the total reduction comes in the context of changes in the tax system or the revision and reduction of a variety of exemptions and deductions.
Additional savings will result from the inflation revision base for calculating social insurance. There will also be reviewed and reduce agriculture subsidies and federal pensions, including military ones.

In other lrocích will be further refined system of social insurance and health care expenses and travel expenses.

The plan submitted by the same pair in 2010 counted a total reduction of debt of 3.9 trillion through 26procentního increase revenue, reduce expenses and 57procentního 17% interest savings should contribute. The plan in 2010 was not adopted in order to be presented to lawmakers.

Lawmakers have only about nine days to find consensus on the further development of debt. If there is disagreement starts automatic budget cuts and increase taxes known recently as the fiscal cliff.

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US - předložen nový plán redukce zadlužení v objemu 2,4 biliónu USD

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