Congress taking another look at Bowles-Simpson

November 21, 2012 7:06 PM

Two years ago, the Fiscal Commission chaired by Democrat Erskine Bowles and former Republican Sen. Alan Simpson proposed every basic element of the "fiscal cliff" solution being discussed now. Wyatt Andrews reports on why Washington is taking a second look.

Once rejected, Bowles-Simpson proposals back in play

Recommended

Oklahoma family tells amazing story of survival
2:03 May 22, 2013

Oklahoma family tells amazing story of survival

Jamie Falwell had sought shelter from the tornado with her two-year-old son in her bathtub. Her husband, Matt, arrived home just in time to rush them to their neighbor's storm cellar. That decision saved their lives. Mark Strassmann reports.
Undercover in a Bangladesh clothing factory
4:40 May 22, 2013

Undercover in a Bangladesh clothing factory

Many of the clothes sold in American stores come from factories in Bangladesh, which has a history of workplace disasters. Following the factory collapse last month that killed over 1,000 people, Holly Williams went undercover to see what the conditions are really like.
Man killed in brutal London attack
1:12 May 22, 2013

Man killed in brutal London attack

London police say two men used a knife and a cleaver to hack a man to death. The man was then videotaped by an unharmed passerby and waited for police to arrive. Charlie D'Agata reports.
Friend implicates Boston bombing suspect in triple homicide
1:38 May 22, 2013

Friend implicates Boston bombing suspect in triple homicide

Ibragim Todashev, a friend of the accused Boston Marathon bomber Tamerlan Tsarnaev, was shot dead by an FBI agent during questioning in Orlando. Todashev was being questioned about a grisly triple murder believed to be committed by the two men. Bob Orr reports.
IRS Manager: "I have not done anything wrong"
1:36 May 22, 2013

IRS Manager: "I have not done anything wrong"

Lois Lerner, the IRS manager at the heart of the political targeting scandal, delivered an opening statement Wednesday before a congressional committee, but she refused to take any lawmakers' questions. Nancy Cordes reports.
Residents return to tornado-ravaged neighborhoods
1:46 May 22, 2013

Residents return to tornado-ravaged neighborhoods

The sight of the damage caused by Monday's tornado was almost more than some survivors could bear. Anna Werner reports on Oklahomans returning to see up close what's left of their possessions.
Could storm shelters have saved more children?
2:10 May 22, 2013

Could storm shelters have saved more children?

Not every school building in Tornado Alley is required to have a shelter to protect children during a storm. Two of the buildings hit hardest by the tornado in Moore, Okla., were schools that did not have underground shelters. Elaine Quijano reports.