Financial Times: The US deficit commission’s contentious recommendations to slash $3,900bn from budget deficits by 2020 received a boost when two senators said they would introduce legislation early next year mirroring the panel’s proposals.The move by Saxby Chambliss, a Georgia Republican, and Mark Warner, a Virginia Democrat, is an attempt to rally Congress towards a difficult bipartisan consensus on steps to tackle the long-term debt problem in the US. Read more…..