Statement in Response to the U.S. Senate Vote on the Conrad-Gregg Amendment
Statement by David M. Walker:
“It is a great disappointment that the Senate did not act in the best interests of the American people and take this opportunity to create a statutory commission to address our growing fiscal challenge. Now that the Congress has failed to act, the President should move to establish a commission by Presidential Order and the Congress should take steps to ensure that the commission’s recommendations will be voted on.”
“A special commission is needed to cut through the partisan gridlock and ideological divide so that we can begin to put the federal government’s finances in order. The time to act is now.”
About PGPF
PGPF is dedicated to increasing public awareness of the nature and urgency of key economic challenges threatening America’s future and to accelerating action on them. To address these challenges successfully, we work to bring Americans together to find sensible, long-term solutions that transcend age, party lines and ideological divides in order to achieve real results. For more information, see www.PGPF.org.
Further Reading
5 Facts About Rising Income Inequality in the United States
The concentration of income toward high earners has become more pronounced over the last 30 years.
How Much Do We Spend on the Federal Workforce?
Here, we examine the federal government’s expenditure on its workforce, the evolution of its size over time, and the opportunities for budget savings.
Rising National Debt Increases Costs for American Families and Businesses
Federal fiscal policy is a significant but often overlooked factor in the affordability of vehicles, homes, and small business loans.