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FOR IMMEDIATE RELEASE
Participants in the forum, "Post-Election: The Fiscal Cliff and Beyond," include Former Federal Reserve Chairs Paul Volcker and Alan Greenspan, National Economic Council Director Gene Sperling, Congressman Chris Van Hollen, Congressman Peter Roskam & Fix The Debt Campaign Co-Founders Alan Simpson and Erskine Bowles
The Peterson Foundation cited new projections which demonstrate that $1.2 trillion in deficit reduction that fails to address the fundamental drivers of our growing debt will not stabilize the level of debt relative to the economy, which is the real test of any long-term fiscal plan.
On Wednesday, May 25, 2011, senior Administration officials, policy experts and Democratic and Republican elected leaders will come together in Washington to discuss solutions to the nation’s fiscal challenges at the 2011 Fiscal Summit: Solutions for America’s Future, convened by the Peter G. Peterson Foundation.