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Committee for a Responsible Federal Budget
Our Mission The Committee for a Responsible Federal Budget is a nonpartisan, non-profit organization committed to educating the public on issues with significant fiscal policy impact.
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Highlights of the Fiscal Commission Plan | Moment of Truth
Summary: Nearly $4 trillion in deficit reduction by the end of the decade, more than any effort in history. Reduces the deficit to 2.3% of GDP by 2015 (2.4% excluding Social Security reform), ex...
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Recommendations of the Fiscal Commission | Moment of Truth
Discretionary Spending Cuts 1.1: CAP DISCRETIONARY SPENDING THROUGH 2020. Hold spending in 2012 equal to or lower than spending in 2011, and return spending to pre-crisis 2008 levels in real terms i...
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Bowles and Simpson Letter on Chained CPI to House Ways and Means Social Security Subcommittee
Dear Chairman Johnson, Thank you for the fine work your subcommittee is undertaking to lay out bipartisan proposals for entitlement reform. We strongly believe in the importance of bringing long-ter...
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A Bipartisan Path Forward to Securing America's Future | Moment of Truth
By Erskine Bowles and Alan Simpson Erskine Bowles and Alan Simpson are co-chairs of the Moment of Truth project and formerly co-chaired the President's bipartisan National...
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A Bipartisan Path Forward to Securing America's Future | Moment of Truth
Erskine Bowles and Alan Simpson Erskine Bowles and Alan Simpson are co-chairs of the Moment of Truth Project. Preamble More than two years ago, the National Commi...