MY VIEW: Tim Penny and Bill Frenzel

In a new op-ed published in Investor's Business Daily, CRFB co-chairs Tim Penny and Bill Frenzel offer insight into how Democrats and Republicans in Washington can come together in the debt negotiations to avoid economic disaster, suggesting that the way out is by coming to "the type of principled compromise in which both parties are willing to accept things they don't like for the good of the nation."

"Much is at stake with a fiscal cliff fast approaching. Our nation's leaders need to find a way to compromise without compromising their principles, just as President Reagan and Democrats did in the 1980s."

Click here to read the full op-ed.

"My Views" are works published by members of the Committee for a Responsible Federal Budget, but they do not necessarily reflect the views of all members of the committee.