“It’s encouraging to hear that the President and Congressional leaders will be meeting next week to discuss the urgent fiscal issues facing the country.”

The Peterson Foundation convened some of the country’s most influential voices on fiscal and economic issues at a forum in Washington D.C.: Post-Election: The Fiscal Cliff and Beyond.

From Jefferson’s time to our own, Americans have risen to the occasion and met every challenge. But it will take leadership and commitment.

The Co-Chairs of the President’s National Commission on Fiscal Responsibility and Reform, Erskine Bowles and Alan Simpson, released a draft of their recommendations for deficit reduction and debt stabilization on November 10, 2010.

‎”While near-term deficits are lower, our long-term debt is still on an unsustainable path that damages our economy, today and in the future.”

“CBO has once again provided clear evidence that we must do something about America’s dangerous fiscal situation.”

“No review of the state of our union is complete without acknowledging our nation’s high and rising debt.”

“Today’s proposal marks the beginning of the budget process, and it’s clear that there’s more work to do.”

“The creativity and drive of the students involved in this year’s Up to Us Campus Competition leaves no doubt that America’s young people care passionately about the fiscal future and the economy they will inherit,” said Michael A. Peterson.

“CBO’s report shows 30 straight years of trillion-dollar deficits that grow and grow, leaving no doubt that we’re on a dangerous and unsustainable fiscal path.”