01/14/2009 - Three prominent private groups are partnering to tackle what they see as a woefully outdated federal budget process by gathering some of the top experts to reach a consensus on reform.
The Peter G. Peterson Foundation, the Pew Charitable Trusts and the Committee for a Responsible Federal Budget announced Wednesday they are forming the new bipartisan Peterson-Pew Commission on Budget Reform.
“This commission is long overdue,” said Maya MacGuineas, president of Committee for a Responsible Budget and director of New America Foundation’s Fiscal Policy Program. “The budget process is basically on life support, and it is time to confront our broken way of budgeting head-on.”
Read the full article New Commission to Address Budget Reform on Politico's Web site.