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The Peterson-Pew Commission on Budget Reform will convene the nation’s preeminent fiscal and budget experts to make recommendations for how best to strengthen the budget process used by federal lawmakers. Significant attention to budget reform over the next few years is imperative given the current economic conditions, the tremendous amount of borrowing taking place to help stabilize the economy, and the large and growing promises for Social Security, Medicare and Medicaid benefits.
The commission will convene over the next two years to produce recommendations that address a host of shortcomings in current budget rules, concepts and processes.
Dec 14, 2009 - The United States is already hearing concerns about its fiscal management from some of its largest creditors, and the country is uncomfortably vulnerable to shifts in confidence around the world.
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