Can the 'Gang of Six' Proposal Succeed?

As Senate leaders crafted a stop-gap plan to lift the debt ceiling and the cut, cap, and balance plan hurtled towards inevitable defeat in the Senate, a bipartisan fiscal framework from an all-but-moribund collaboration of six senators garnered rare praise from President Obama and enthusiasm from Senate Republicans. But does it matter? Few policymakers expect this framework from the Gang of Six to be the vehicle of a deal to lift the government borrowing ceiling, but some think that individual provisions could augment an agreement, or that the plan could provide a path forward if a short-term increase is enacted.

Read at The Atlantic

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