Investors May Like This Round of Budget Talk

In a press conference this morning, Debt Reduction Commission co-chairs Alan Simpson and Erskine Bowles scored the progress that has been made since their late-2010 "Moment of Truth" report. They also proposed a revised blueprint and timeline for some $2.4 trillion in further needed actions. (See the four-page "Bipartisan Path Forward to Securing America's Future.")

In a Q&A handout also released, the bipartisan duo promised to provide more specific proposals in coming weeks. The news foretells a heightened pace of budget-related noise soon to come from Washington. And this holds the prospect for either raining on Wall Street's parade or setting the bulls even more free. ...601 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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