WASHINGTON (AP) — The chairmen of President Barack Obama’s 2010 fiscal commission are wading back into Washington’s budget wars with a revised, somewhat milder plan to rein in intractable federal deficits.

The plan released Thursday night by former Clinton White House chief of staff Erskine Bowles and former Sen. Alan Simpson, R-Wyo., would lop more than $5 trillion from deficits over the upcoming decade when combined with the deficit-cutting steps enacted in fits and starts since his 2010 proposal.

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