The Peterson-Pew Commission’s “Red Ink Rising” plan for American lawmakers has earned some black ink worldwide too since its release, not to mention some airtime for what CNBC called the Common Cause. There was also support in editorial pages from coast to coast.

Warning that the out-of-control federal debt places the economic future of our nation at risk, the Peterson-Pew Commission on Budget Reform this morning proposed a six-step plan for bringing U.S. debt to a stable level in the medium-term, and then to a more manageable level over the longer-term The bipartisan commission today issued “Red Ink Rising,” the first of two reports it will release.

The Washington Post, this morning, warned that it is "time to start panicking" about the long-term debt, and that bipartisan action would be needed to avert a crisis. They cite the work of the Peterson-Pew Commission on Budget Reform in particular, and reference today's commission report - Red Ink Rising: A Call to Action to Stem the Mounting Federal Debt.

There’s a reason India Times just picked up David Lightman’s story “Rising debt threatens to derail Congress on just about everything.” The world knows the ever-growing federal debt is spiraling out of control.

Citizens from across the country had a message yesterday for lawmakers: we are working together to solve our fiscal challenges, why can’t you?

Earlier this year, the Administration launched a contest to let federal employees submit ideas to save the government money (at the time, we called this "A Gimmick We Like"). 38,000 suggestions later, the final four have been nominated -- and the public gets to vote on the winner. Among the nominees (by way of Peter Orszag) include:

Here are the highlights from this weekend’s editorials on fiscal and budget policy:

A group of budget experts including CRFB president, Maya MacGuineas, released a “Statement on Health Care Reform,” calling for further efforts to reduce health care costs as part of reform.

Last night President Obama gave a long-awaited speech on his plan for increasing troop levels, stating his intention to increase troops by 30,000, which is “is likely to cost us roughly $30 billion for the military this year.” The Committee for a Responsible Federal Budget put out a press release this morning on the topic, as a follow up to our recent blog post on paying for the troop increase.

Here are the highlights from this weekend’s editorials on fiscal and budget policy: