To Fix The Debt, Compromise Is Key

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Sen. Pete Domenici, senior fellow, Debt Reduction Task Force at the Bipartisan Policy Center

The nonpartisan group Fix The Debt, has developed a comprehensive proposal to address the so-called fiscal cliff. The ideas, which emerged from the Simpson-Bowles commission, include higher taxes on the wealthy, tax reform and changes to social security and Medicare.

More From The 'TOTN' Series On The 'Fiscal Cliff'

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