1. Bonds began falling late yesterday after talks aimed at crafting a seven-year deficit reduction plan broke off. 2. The battle ahead is about what should be in the poverty reduction plans. 3. And the whole deficit reduction plan was roundly condemned by the Republicans, and they all voted against it. 4. A recession, for example, could throw a wrench in all the deficit reduction plans. 5. Brady bonds are named after former U.S. Treasury Secretary Nicholas Brady, who proposed the bonds as part of a debt- reduction plan for developing countries. 6. But the battle over dueling deficit reduction plans is far from over, Rubin said. 7. Canadian Occidental spokesman Kevin Finn said the company was disappointed in the new rating because it thought it gave a thorough accounting of its debt reduction plans. 8. Chief among them are the provisions the company took to cover costs associated with a job reduction plan it announced last month. 9. Earlier this year, Whitman proposed a rate reduction plan that the Republican-controlled legislature largely rejected. |