Bowles accepts job with Obama administration

Fmr. UNC System President Erskine Bowles (Photo courtesy UNC system schools)

February 17, 2010 8:14:50 AM PST
UNC system President Erskine Bowles announced last week he will resign from his position at the end of the year.

According to the Washington Post, President Barack Obama is appointing the NC native to lead a budget deficit commission.

The paper says Bowles will co-chair the panel with Republican Alan Simpson.

An official announcement is expected Thursday.

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