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Erskine Bowles served with Sen. Alan Simpson as the co-chair of the National Commission on Fiscal Responsibility and Reform. In the Clinton Administration, he served as the director of the Small Business Administration, the deputy chief of staff, and the chief of staff. He served as president of the University of North Carolina system from 2006 until 2010. He is a graduate of the University of North Carolina at Chapel Hill (1967) and Columbia University's Graduate School of Business (1969).