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‘Milk Cows,’ Social Security and Trimming America’s Budget Deficits

Former Sen. Alan Simpson has a history of colorful comments and pushing to overhaul Social Security. So it was no surprise when senior citizen groups locked horns with him during his work as co-chair of a national deficit reduction panel. But Simpson said he enjoys sparring with extremists on both ends of the political spectrum, and presented a plan that treats Social Security as a standalone issue, separate from deficit reduction efforts.