Senator: ‘Gang of Six’ Won’t Release Deficit-Reduction Plan
November 27, 2012
A high-profile bipartisan group of U.S. senators will not release its deficit-reduction plan as the White House and congressional leaders try to avoid fiscal chaos and deep Pentagon spending cuts.
Asked Nov. 27 by Defense News whether the “Gang of Six” plans to make public the fruits of its labor, Sen. Saxby Chambliss, R-Ga., replied “no” before entering an elevator in the Capitol.
Many eyes in Washington and on Wall Street have been trained on the group, seen by many as an indicator of whether Republicans and Democrats can find enough common ground on taxes, domestic entitlement programs, defense spending and federal spending cuts to pass a sweeping deficit-paring bill.