Federal Budget and Deficit

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This topic contains 0 replies, has 1 voice, and was last updated by  Henry Brown 8 years, 1 month ago.

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    Henry Brown

    MY OPINION Should be mandatory read by all STAKEHOLDERS

    yes it is just a proposal BUT suspect if “we” just sit back and watch this proposal take root and go forward then we will have no ground at all to complain at all

    President Obama created the bipartisan National Commission on Fiscal Responsibility and Reform to address our nation’s fiscal challenges. The Commission http://www.fiscalcommission.gov/ is charged with identifying policies to improve the fiscal situation in the medium term and to achieve fiscal sustainability over the long run. Specifically, the Commission shall propose recommendations designed to balance the budget, excluding interest payments on the debt, by 2015. In addition, the Commission shall propose recommendations that meaningfully improve the long-run fiscal outlook, including changes to address the growth of entitlement spending and the gap between the projected revenues and expenditures of the Federal Government.

    CoChairs’ Proposal
    November 10, 2010

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