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.