Aug. 15, 2011
"We believe that the Congress, through the cuts they have already approved, fully meets the recommendations our task force made in discretionary appropriations accounts. We strongly urge the Joint Select Committee to now move beyond these accounts and to the real drivers of our debt crisis—revenues and entitlements.
"It is clear that much work still needs to be done in order to restore our nation to fiscal discipline. We strongly believe that America must learn to live within its means, that the current budget path endangers the future economy and that bipartisan action is urgently needed. We encourage you and your colleagues on the Joint Committee to do everything possible to stabilize the debt and bring this crisis under control. As the Select Committee on Deficit Reduction begins their work in the coming weeks, we stand ready to help in any way we can, and we urge the group to tackle these challenges in a real, meaningful way."
Economic Policy Project