My AEI colleagues Alan Viard and Alex Brill argue that President Obama should go beyond the "fiscal responsibility summit" he has proposed and embrace the idea of a Congressional commission to address entitlements and the long-term budget gap. We congratulate President Obama for committing to tackle this issue. But the problem calls for more than just a summit. Rather than merely acknowledging the problem, Washington must move toward real and responsible action. While setting a pathway toward reform does not guarantee meaningful results, it may be the best possible first step. Congress should establish a bipartisan commission that would recommend legislation to narrow the fiscal imbalance, which Congress would then be required to approve or reject. Viard and Brill have some good ideas – count me as a supporter. Click here to read the full article.
Tuesday, January 27, 2009
Viard and Brill: Entitlement Commission Best Way Forward
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