“The fiscal cliff presents an opportunity to enact a long-term debt reduction plan”
Sept. 10, 2012
Washington, D.C. – In an open letter to leaders in Washington, the Bipartisan Policy Center (BPC), The Concord Coalition and The Committee for a Responsible Federal Budget called on President Obama and Congress to take immediate steps to get America back on a sustainable fiscal path. The letter ran as a full page ad in POLITICO today.
Click here to read the letter.
“We believe leaders in Washington are in agreement that the fiscal cliff presents an opportunity to enact a long-term debt reduction plan. The president and Congress have received several comprehensive bipartisan plans from elected officials and other budget experts. Use this opportunity to forge agreement,” said the three organizations in the letter.
BPC has strongly advocated for a comprehensive budget plan under the leadership of former Senate Budget Committee Chairman Pete Domenici and former White House Budget Director Dr. Alice Rivlin.
“If Washington leaders punt with a promise to deal with the debt problem later, it will send a message to the public and the markets that they aren’t serious about dealing with this problem, the letter says. “Act for the sake of the country and our children, because missing this opportunity to take responsible action now will leave a legacy of failure that will haunt us for generations to come.”
Learn more about BPC’s Economic Policy Project and Domenici-Rivlin Debt Reduction Task Force here.
Economic Policy Project