Senate Budget Committee: Fact Sheet on Bipartisan Fiscal Task Force

The Bipartisan Task Force for Responsible Fiscal Action Act of 2009, December 9, 2009

Why is the Bipartisan Fiscal Task Force Needed?: Long-term projections show an unsustainable imbalance between government spending and revenues. Gross debt is likely to exceed 100 percent of GDP within the next few years, nearing levels not seen since the end of WWII. This cannot be corrected by economic growth alone…”

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Posted in: Congress, Government Documents

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