CRFB Urges Fiscal Commission to Agree on a Plan
As the Fiscal Commission discusses its final proposal for deficit reduction, CRFB issued a press release today urging the Commission’s members to come together and agree on a bipartisan, comprehensive deficit reduction plan. “Watering down” what they proposed in an effort to get more votes when the plan goes before Congress next month will not help the country get on a sustainable fiscal path—“no plan will be perfect in anyone’s eyes,” but the most important feature of the plan should be that “it gets the job done,” said Maya MacGuineas, president of CRFB.
Agreement will require compromise from Commission members on both sides of the aisle. It is critical that the United States take preventative measures in the medium term to prevent having to make even more painful decisions further down the road, and an agreed-upon plan from the Commission could be a great starting point. We eagerly await the Fiscal Commission’s decision.
Commission Co-Chairs Erskine Bowles and Alan Simpson will be holding a press conference at 3:30pm today. CRFB will be live tweeting this event on our Twitter page, so be sure to check back!