Tuesday, January 27, 2009

Viard and Brill: Entitlement Commission Best Way Forward

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.

No comments: