How the US Spends More And Taxes Less

“What we are missing is a process to get those reforms implemented. Our current system has not worked to get the job done. We need a new bipartisan process, such as the Bipartisan Fiscal Task Force I have proposed with Senator Gregg (R-NH), that can lead us to a real legislative outcome." Senator Kent Conrad of North Dakota

“The time for talking about our long-term spending problems is over, and we must now shift to making the tough decisions on how we bring about reform. I remain committed to working with my colleagues in Congress and the Administration to help move legislation that will help us reach the goal of a solvent and secure economic future. An excellent place to begin work on this goal would be legislation such as the Bipartisan Task Force for Responsible Fiscal Action that I introduced with Sen. Conrad, which would put needed solutions on a fast-track to Congressional action.” Senator Judd Gregg of New Hampshire