Money

Bipartisan Commission Calls On Policy Makers To Tackle The Federal Debt

WASHINGTON, D.C. – This week, the Peterson-Pew Commission on Budget Reform outlined a plan for Congress and the Administration to begin working now to significantly reduce the national debt, which is currently $7.6 trillion. Red Ink Rising, the Commission’s first report, calls on policy makers to enact both spending cuts and tax increases to shift our nation’s fiscal course.