Federal Budgets and Debt
Senators Kent Conrad and Judd Gregg testified about the Bipartisan Task Force for Responsible Fiscal Action Act, introduced by Senators Conrad, Gregg, and others. The task force would devise recommendations on how to address rising debt and and spending. Based on those recommendations, Congress would draft legislation under fast-track procedures that do not allow amendments to be added.
Witnesses spoke about the present and future fiscal condition of the United States, with a particular focus on the current and long-term… read more
Witnesses spoke about the present and future fiscal condition of the United States, with a particular focus on the current and long-term imbalance between federal spending commitments and projected revenues.
Senators Kent Conrad and Judd Gregg testified about the Bipartisan Task Force for Responsible Fiscal Action Act, introduced by Senators Conrad, Gregg, and others. The task force would devise recommendations on how to address rising debt and and spending. Based on those recommendations, Congress would draft legislation under fast-track procedures that do not allow amendments to be added. close
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