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Long-Term Fiscal Challenges Need Bipartisan and Immediate Solutions (Sen. Judd Gregg)

The witnesses at today’s Budget Committee hearing on the Bipartisan Task Force for Responsible Fiscal Action Act agree that now is the time to address our nation’s long-term fiscal challenges and entitlement spending. House Majority Leader Steny Hoyer, Comptroller General David Walker, Committee for a Responsible Federal Budget Co-Chairman Leon Panetta, AARP CEO William Novelli, and Concord Coalition Executive Director Bob Bixby each contributed to a constructive dialogue on the Task Force and offered some thoughtful suggestions. I look forward to working with both sides of the aisle to advance this important legislation that is so critical to the economic well-being of future generations.