Simpson–Bowles deficit reduction plan
E99570
The Simpson–Bowles deficit reduction plan is a bipartisan U.S. fiscal reform proposal issued in 2010 that recommended spending cuts, tax reforms, and entitlement changes to reduce the federal budget deficit and stabilize the national debt.
All labels observed (3)
| Label | Occurrences |
|---|---|
| Simpson–Bowles deficit reduction plan canonical | 2 |
| Bowles–Simpson plan | 1 |
| Simpson–Bowles plan | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T844802 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
Target entity: Simpson–Bowles deficit reduction plan Context triple: [Erskine Bowles, notableWork, Simpson–Bowles deficit reduction plan]
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A.
Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985
The Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985 was a landmark U.S. federal law that sought to reduce the federal budget deficit through automatic spending cuts if specified deficit targets were not met.
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B.
Housing and Economic Recovery Act of 2008
The Housing and Economic Recovery Act of 2008 is a major U.S. federal law enacted in response to the subprime mortgage crisis to stabilize the housing market, reform mortgage finance regulation, and support distressed homeowners and communities.
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C.
Personal Responsibility and Work Opportunity Reconciliation Act of 1996
The Personal Responsibility and Work Opportunity Reconciliation Act of 1996 is a landmark U.S. welfare reform law that overhauled federal assistance programs by imposing work requirements, time limits on benefits, and greater state control over welfare policy.
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D.
Committee to Re-elect the President
The Committee to Re-elect the President was U.S. President Richard Nixon’s 1972 campaign organization, best known for its central role in financing and orchestrating activities that led to the Watergate scandal.
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E.
Health Care and Education Reconciliation Act of 2010
The Health Care and Education Reconciliation Act of 2010 is a U.S. law that finalized and modified key provisions of the Affordable Care Act while also overhauling federal student loan programs.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
Target entity: Simpson–Bowles deficit reduction plan Target entity description: The Simpson–Bowles deficit reduction plan is a bipartisan U.S. fiscal reform proposal issued in 2010 that recommended spending cuts, tax reforms, and entitlement changes to reduce the federal budget deficit and stabilize the national debt.
-
A.
Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985
The Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985 was a landmark U.S. federal law that sought to reduce the federal budget deficit through automatic spending cuts if specified deficit targets were not met.
-
B.
Housing and Economic Recovery Act of 2008
The Housing and Economic Recovery Act of 2008 is a major U.S. federal law enacted in response to the subprime mortgage crisis to stabilize the housing market, reform mortgage finance regulation, and support distressed homeowners and communities.
-
C.
Personal Responsibility and Work Opportunity Reconciliation Act of 1996
The Personal Responsibility and Work Opportunity Reconciliation Act of 1996 is a landmark U.S. welfare reform law that overhauled federal assistance programs by imposing work requirements, time limits on benefits, and greater state control over welfare policy.
-
D.
Committee to Re-elect the President
The Committee to Re-elect the President was U.S. President Richard Nixon’s 1972 campaign organization, best known for its central role in financing and orchestrating activities that led to the Watergate scandal.
-
E.
Health Care and Education Reconciliation Act of 2010
The Health Care and Education Reconciliation Act of 2010 is a U.S. law that finalized and modified key provisions of the Affordable Care Act while also overhauling federal student loan programs.
- F. None of above. chosen
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal fiscal policy proposal
ⓘ
deficit reduction plan ⓘ |
| aimsTo |
reduce the United States federal budget deficit
ⓘ
stabilize the United States national debt ⓘ |
| alsoKnownAs |
Simpson–Bowles deficit reduction plan
ⓘ
surface form:
Bowles–Simpson plan
Simpson–Bowles deficit reduction plan ⓘ
surface form:
Simpson–Bowles plan
|
| appliesTo |
United States government
ⓘ
surface form:
United States federal government
|
| chairperson |
Alan K. Simpson
ⓘ
Erskine Bowles ⓘ |
| commissionEstablishedBy |
Barack Obama
ⓘ
surface form:
President Barack Obama
|
| commissionEstablishmentDate | 2010-02-18 ⓘ |
| commissionType | bipartisan presidential commission ⓘ |
| commissionVoteThreshold | 14 of 18 members required for formal recommendation ⓘ |
| context | aftermath of the late-2000s financial crisis ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| describedAs | bipartisan ⓘ |
| documentTitle | The Moment of Truth ⓘ |
| focusesOn |
deficit reduction
ⓘ
long-term fiscal sustainability ⓘ |
| hasPart |
entitlement reform recommendations
ⓘ
spending cuts recommendations ⓘ tax reform recommendations ⓘ |
| inception | 2010 ⓘ |
| influencedDebateOn | United States deficit reduction discussions in the 2010s ⓘ |
| language | English ⓘ |
| legislativeStatus | not enacted into law ⓘ |
| mediaType | report ⓘ |
| namedAfter |
Alan K. Simpson
ⓘ
Erskine Bowles ⓘ |
| policyArea |
budgetary policy
ⓘ
entitlement policy ⓘ fiscal policy ⓘ tax policy ⓘ |
| politicalOrientation | centrist fiscal reform proposal ⓘ |
| proposedBy | National Commission on Fiscal Responsibility and Reform ⓘ |
| proposedEntitlementChange |
Medicare cost containment measures
ⓘ
Social Security reform ⓘ |
| proposedSpendingPolicyChange |
defense spending cuts
ⓘ
discretionary spending caps ⓘ non-defense discretionary spending cuts ⓘ |
| proposedTaxPolicyChange |
broaden the tax base
ⓘ
lower marginal income tax rates ⓘ reduce tax expenditures ⓘ |
| publicationDate | 2010-12-01 ⓘ |
| receivedCommissionSupport | 11 of 18 members ⓘ |
| recommendedDebtTarget | stabilize debt-to-GDP ratio ⓘ |
| timePeriodAddressed | medium- and long-term U.S. fiscal outlook ⓘ |
How these facts were elicited
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Subject: Simpson–Bowles deficit reduction plan Description of subject: The Simpson–Bowles deficit reduction plan is a bipartisan U.S. fiscal reform proposal issued in 2010 that recommended spending cuts, tax reforms, and entitlement changes to reduce the federal budget deficit and stabilize the national debt.
Referenced by (4)
Full triples — surface form annotated when it differs from this entity's canonical label.