Statement by Peter G. Peterson, Chairman of the Peter G. Peterson Foundation, on the Report of the National Commission on Fiscal Responsibility and Reform

Dec 1, 2010

“The Commission report released today represents a key starting point in the important national dialogue on how to address our nation’s long-term fiscal challenges. The efforts of the Commission have clearly demonstrated the magnitude and importance of this issue, and their plan provides a strong framework for the tough choices that we will need to make as a nation.

“We welcome the report’s inclusion of Guiding Principles and Values, which will help structure the discussion and debate on how to address these challenges. I believe we can all agree on goals and objectives such as promoting economic recovery and growth, protecting the most vulnerable and keeping our country competitive.

“We encourage our elected leaders to build on the Commission’s commendable bipartisan efforts, and implement sensible, fair and comprehensive solutions to America’s long-term fiscal challenges.”

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