Congress received some solid advice from widely respected budget experts at a recent Joint Economic Committee hearing on solving the federal debt crisis. Alice Rivlin, a senior fellow at Brookings and a member of the Campaign to Fix the Debt…
The House and Senate passed budget resolutions with largely partisan votes before leaving for a two-week recess. Resolving the two competing visions of fiscal policy in the weeks ahead will be difficult, though both parties should accept the challenge and…
Today the Senate Budget Committee considered the budget resolution that Chairman Patty Murray released yesterday. The blueprint calls for a mix of spending cuts and tax increases to reduce the deficit and lower the debt-to-GDP ratio. Under Murray’s plan, the…
Americans around the country can support long-term fiscal reform by encouraging their elected representatives to consider the updated framework that Erskine Bowles and Alan Simpson released last month.Bowles and Simpson co-chaired the National Commission on Fiscal Responsibility and Reform, which…
