The Budget Conference Committee's First Meeting

The first meeting of the budget conference committee is today! The committee will have a month and a half to reconcile the House and Senate-passed budgets and come up with a longer-term solution on appropriations and the debt ceiling. You can watch the live proceedings on C-SPAN here right now.

At the same time, CRFB has published its expectations for what the conference committee should accomplish. Our six specific goals are:

  • Put the debt on a downward path as a share of GDP
  • Set sustainable and responsible discretionary spending levels
  • Use reconciliation to produce real deficit reduction and reform
  • Focus on the long term
  • Fix Social Security on a separate track
  • Avoid budget gimmicks

Click here to read the full paper.