CAP en Español
Small CAP Banner

Chart: Budget Resolution Claiming to Be Simpson-Bowles Comes Up Very Short

Calling It Simpson-Bowles Doesn’t Make It Simpson-Bowles

SOURCE: AP/Lawrence Jackson

The budget resolution offered by Reps. Jim Cooper (D-TN), above, and Steven LaTourette (R-OH) this week is not equivalent to the Bowles-Simpson budget plan despite their claims.

  • print icon
  • SHARE:
  • Facebook icon
  • Twitter icon
  • Share on Google+
  • Email icon

The budget resolution offered by Reps. Jim Cooper (D-TN) and Steven LaTourette (R-OH) this week is not equivalent to the “Bowles-Simpson” plan, despite their claims that it is just that. Reps. Cooper and LaTourette proposed this resolution as an alternative to the budget plan put forth by Rep. Paul Ryan (R-WI), and they say it is based on the recommendations of Alan Simpson and Erskine Bowles, the co-chairs of the president’s fiscal commission.

But in fact, the Cooper-LaTourette proposal differs markedly from the actual plan offered by Simpson and Bowles in a variety of ways. Most strikingly, the Cooper-LaTourette proposal comes up dramatically short on revenue. Whereas Simpson-Bowles called for revenues to surpass 20 percent of gross domestic product—the broadest measure of economic activity—by the end of the decade, on their way to 21 percent by 2025, Cooper-LaTourette’s plan would set revenues well below that level. Overall, Cooper-LaTourette’s revenue levels are nearly $1 trillion below those of Simpson-Bowles.

Michael Linden is the Director for Tax and Budget Policy at the Center for American Progress.

To speak with our experts on this topic, please contact:

Print: Liz Bartolomeo (poverty, health care)
202.481.8151 or

Print: Tom Caiazza (foreign policy, energy and environment, LGBT issues, gun-violence prevention)
202.481.7141 or

Print: Allison Preiss (economy, education)
202.478.6331 or

Print: Tanya Arditi (immigration, Progress 2050, race issues, demographics, criminal justice, Legal Progress)
202.741.6258 or

Print: Chelsea Kiene (women's issues,, faith)
202.478.5328 or

Print: Elise Shulman (oceans)
202.796.9705 or

Print: Benton Strong (Center for American Progress Action Fund)
202.481.8142 or

Spanish-language and ethnic media: Jennifer Molina
202.796.9706 or

TV: Rachel Rosen
202.483.2675 or

Radio: Chelsea Kiene
202.478.5328 or