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.
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