Erskine Bowles and Alan Simpson, co-chairmen of President Barack Obama's fiscal commission, respond to the crisis the nation is facing if Congress doesn't respond to their plan to reduce the country's budget deficit. "Our national security, its biggest threat, is the build-up of this debt," says Bowles.
Erskine Bowles and Senator Alan Simpson, Co-Chairmen of the National Commission on Fiscal Responsibility and Reform, sit down for a conversation with attendees of the Monitor Breakfast to discuss their social security reform proposal -- the obstacles, benefits and the highly-political debates to come. - The Monitor Breakfast
Erskine Boyce Bowles is an American businessman and political figure from North Carolina. He currently serves as the president of the University of North Carolina system. In 1997 - 98 he served as White House Chief of Staff.
Alan Simpson is a Republican politician who served from 1979 to 1997 as a United States Senator from Wyoming.