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The Editors

Gang of Six Deficit Plan Could Save the Day Now, Or Later: View

Six stalwart U.S. senators delivered yesterday the outlines of an intelligent and ambitious deficit-reduction proposal. It is, as President Barack Obama succinctly , “good news” -- at a time when some is needed.

The bipartisan “Gang of Six” plan takes the sensible policy framework of the Bowles-Simpson fiscal-reform commission and turns it into a workable package for the Senate to consider.