Ten Leading Policy Experts: Now is the Time for Fiscal Commission
Portman, Panetta, Heitkamp, Zandi and others call for bipartisan fiscal commission, outlining spending and revenue reforms to stabilize the debt.
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Portman, Panetta, Heitkamp, Zandi and others call for bipartisan fiscal commission, outlining spending and revenue reforms to stabilize the debt.
"Too often in recent years, Washington has largely governed by crisis. No area better reflects the pressure of constant crisis than the federal budget," writes Leon E. Panetta
"A fiscal commission will not obviate lawmakers’ responsibility to make hard choices, but it will make those choices easier to understand and explain to voters," writes Mark Zandi
https://www.pgpf.org/expert-views/fiscal-commission/a-way-to-brighten-americas-dark-fiscal-outlook
“Our high and rising national debt is a pressing issue for the future of the nation, and the August recess presents an opportunity for a conversation between lawmakers and constituents about solutions,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/07/fci-press-release
The Peterson Foundation’s Expert Views essay series convenes leading voices to offer ideas, insights and analysis surrounding our most pressing fiscal and economic challenges.
"The purpose of electing people to public office is to govern — to make the tough choices, to take the risks, to resolve differences and to enact policies that strengthen the nation," writes Leon E. Panetta.
"Sound fiscal policy can make it easier for the Fed to bring inflation down without pushing the economy into a recession," writes Ben Ritz.
"Despite the harangue of the political class, for many Americans 'bipartisanship' is not a dirty word," writes Michael Steele.
"When it comes time to start looking under the sofa cushions for savings, Congress should treat direct spending and tax expenditures equally," writes Betsey Stevenson.
Eight new essays bring practical advice for congress and the administration to address America’s most pressing fiscal and economic challenges.