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A large, comprehensive plan that addresses our long-term structural deficits is clearly the best way forward for America’s future economy. However, more modest proposals, which would begin to take meaningful steps towards putting our debt on a sustainable path, would also be worthwhile.
Americans continue to be concerned about the nation's long-term debt and believe the problem is likely to get worse in the next few years, according to the Peter G. Peterson Foundation’s latest Fiscal Confidence Index.
In the legislative days remaining before the 113th Congress adjourns, there is much urgent work to be done to put the nation on a more sustainable and predictable path, now and in the future.