Nice. Now all we need is for Congress to accept this as a starting point for negotiations...
-- Ernie P. Begin forwarded message: > From: Committee for a Responsible Federal Budget <[email protected]> > Subject: CRFB Praises Bipartisan Budget Resolution > Date: March 27, 2012 11:54:19 AM PDT > To: [email protected] > Reply-To: [email protected] > > CRFB Praises Bipartisan Budget Resolution > March 27, 2012 > > Today, Congressmen Jim Cooper (D-TN), Steven LaTourette (R-OH), Charlie Bass > (R-NH), Tom Reed (R-NY), Kurt Schrader (D-OR), and Mike Quigley (D-IL) > released an alternative budget plan modeled on the Simpson-Bowles Fiscal > Commission's recommendations. CRFB is very encouraged by this effort and > hopes that other lawmakers can join with these brave leaders to support a > bipartisan debt reduction plan. > > The Simpson-Bowles Alternative Budget calls for a package of deficit > reduction policies that together would reduce current policy deficits by over > $4 trillion, while permanently repealing the end-of-the-year sequester. The > deficit reduction would come from raising revenues by reforming the tax code, > slowing health care cost growth, tightening discretionary caps, reforming > Social Security, and enacting other spending reductions. As with all budget > resolutions, it does not include specific policies - though its numbers are > largely consistent with the policies proposed by the Fiscal Commission and it > includes instructions to committees to achieve most of these savings. > > "These courageous lawmakers have shown that debt reduction need not be a > partisan and divisive issue, and that we can put the national interest above > all else," said Maya MacGuineas, president of the Committee for a Responsible > Federal Budget. "In a time of so many partisan proposals for dealing with > rising debt, it is truly a breath of fresh air to see these leaders working > together on a bipartisan solution - one that makes the tough choices to set > the country on the right path." > > Under their proposal, debt would be put on a downward path; falling from a > high of 78 percent of GDP in 2014 to about 68 percent by 2022. This is a > substantial improvement from our current path, where debt would grow to about > 85 percent of GDP in 2022. > > "These proposals show both a clear path to bring the debt to a more > manageable level and that lawmakers can work together to tackle the nation's > fiscal challenges even during an election year," added MacGuineas. "While > this may just be the early stages of actually enacting a plan, the groundwork > for legislation is here. We hope that in the coming months other lawmakers > and leaders in Congress can join with their colleagues in supporting a viable > bipartisan path forward." > > * * * > > Click here to read the online version of this release. > > For press inquiries, please contact Trina Williams at > [email protected]. > > > > > > > Forward email > > This email was sent to [email protected] by [email protected] | > Update Profile/Email Address | Instant removal with SafeUnsubscribe™ | > Privacy Policy. > Committee for a Responsible Federal Budget | 1899 L Street, Suite 400 | > Washington | DC | 20036 > -- Centroids: The Center of the Radical Centrist Community <[email protected]> Google Group: http://groups.google.com/group/RadicalCentrism Radical Centrism website and blog: http://RadicalCentrism.org
