Now it’s time for them to back up their words with action.
Washington, DC (PRWEB) October 31, 2013
Wednesday marked the first official meeting of the congressional budget conference committee in Washington, DC. This bipartisan committee of 29 lawmakers from the House and Senate is tasked with reaching agreement on this year’s federal budget, and reporting back to Congress in a little over six weeks. According to The Hill, the committee is likely to focus on a smaller deal rather than a “grand bargain.”
The Campaign to Fix the Debt, a nonpartisan movement asking lawmakers to work together on a comprehensive plan for reducing the national debt, expressed optimism after the meeting.
“After today’s first hearing the of the Budget Conference Committee, the Campaign to Fix the Debt is optimistic that the conferees will be able to forge an agreement that will put the federal budget on a sustainable track for Fiscal Year 2014 and beyond,” said Maya MacGuineas, who, in addition to leading the Campaign to Fix the Debt, is the President of the Committee for a Responsible Federal Budget, a bipartisan organization focused on educating the public on issues related to fiscal policy.
“Many of the conferees stated their openness to working towards both pro-growth tax reform and money-saving entitlement reform – the two areas of the budget that are driving our debt over future decades. Now it’s time for them to back up their words with action.”
“The Campaign to Fix the Debt looks forward to working with members of the Conference Committee as they confront our long-term fiscal challenges.”
The Campaign to Fix the Debt is a non-partisan movement asking lawmakers to work together on legislation large enough to stabilize and reduce the national debt as a share of the economy. Members come from a broad range of social, economic and political perspectives with the belief that America's growing debt burden threatens our future, and that we must address it now. The Campaign will mobilize key communities – including leaders from business, government, and policy – and people all across America who want to see elected officials step up to solve our nation's fiscal challenges.