My View

MY VIEW: Marc Goldwein

The new Social Security Trustees Report leaves us another year closer to the trust fund's insolvency and the takeaway remains the same - we do not have much time to waste.

MY VIEW: Ed Rendell

With previously enacted deficit reduction and the economic recovery helping our short-term fiscal outlook, it may be tempting for lawmakers to put the budget on the back burner and turn to other issues. But this would be a clear mistake.

MY VIEW: Laura Tyson

In a piece for Project Syndicate, former Council of Economic Advisers chair and CRFB board member Laura Tyson discusses the recent slowdown in health care spending growth and its potential implications for the budget outlook.

MY VIEW: Marc Goldwein and Ed Lorenzen

In the past, the Bureau of Labor Statistics has made adjustments to the Consumer Price Index without much controversy. But due to the method of calculating the chained CPI, switching to this more accurate measure of inflation requires the creation of a new index, and thus action from Congress. While receiving the support of many economists, the chained CPI has been attack by interest groups on the left and right.

MY VIEW: Erskine Bowles and Alan Simpson

Erskine Bowles and former Senator Alan Simpson (R-WY), the two former co-chairs of the Fiscal Commission, have spent the last two and a half year talking to American citizens about the need to put our budget on a sustainable path and the recommendations put forward by the Fiscal Commission. But while the political landscape has changed over the last couple years, our debt problem remains far from solved.

MY VIEW: Maya MacGuineas

Putting debt on a sustainable path has been a key issue in Washington ever since the Fiscal Commission showed that a bold compromise would be needed to secure the nation's future prosperity. And while the previous 112th Congress made some progress by enacting $2.7 trillion in savings, much of it was low hanging fruit in the budget and did not get us all the way towards a sustainable fiscal future. The truly tough choices will need to be made by this Congress.

MY VIEW: Ed Lorenzen

Today, Moment of Truth Project Director Ed Lorenzen published an op-ed responding to a recent piece from Michael Hiltzik of the Los Angeles Times which criticized the rationale of switching to an alternative measure of inflation, the chained Consumer Price Index (CPI).

MY VIEW: Pete Peterson

In today's Politico, CRFB board member and former Secretary of Commerce Pete Peterson calls for a long-term solution to our national debt, which addresses the drivers of our debt, protects the vulnerable, and encourages economic growth.

My VIEW: Bill Frenzel

On Tuesday, President Obama signed the continuing resolution funding the government for the remainder of FY 2013. As we've explained before, the bill is a hybrid, with full appropriations bills for Agriculture, Commerce-Justice-Science, Defense, Military Construction-Veterans' Affairs, and Homeland Security, and a continuing resolution for other budget categories.

MY VIEW: Judd Gregg

Last week, the House Republicans and Senate Democrats put out their FY 2014 budgets, showing two different approaches to tackling deficit reduction. While there was clear divergence between the policies in the two budgets, both were able to put debt on a downward path as a share of the economy.

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