The only way to stop overspending and then fighting over raising the debt ceiling is to reform entitlements, says the anti-debt crusader.
The recent extension of life expectancy has been a class-driven matter — with richer Americans experiencing the majority of the gains. Vox reports.
You have to get people angry to tame the national debt, former Sen. Alan Simpson tells CNBC.
Republican former Sen. Alan Simpson rejects criticism that the 2010 Simpson-Bowles debt reduction plan would have boosted taxes by $5 trillion.
The economic plan of GOP presidential front-runner Donald Trump won't work, anti-debt crusaders Erskine Bowles and Alan Simpson tell CNBC.
Erskine Bowles, former co-chair of the president's debt commission, told CNBC that a "Grand Bargain" on deficit reduction is "on life-support," with the chances reaching it "north of zero" percent.