Confronting the Looming Fiscal Crisis
The Senate Finance Committee met yesterday to listen to an updated plan from former Senator Pete Domenici and Dr. Alice Rivlin of the Bipartisan Policy Center (BPC) on how to keep the U.S. economy from confronting the “fiscal cliff.”
Washington Continues Failing to Address the Nation’s “Looming Fiscal Crisis”
The Senate Finance Committee today took a small step forward with another hearing on “confronting the looming fiscal crisis,” yet once again put off any meaningful action to reduce the reckless government spending and massive debt at the heart of the issue.
Just the Facts: Deficit Commission member Sen. Max Baucus
Sen. Baucus became a senator in 1978 when he was appointed to fill a vacancy. Sen. Baucus is Chairman of the Senate Finance Committee, as well as a member of the committees on Agriculture, Environment and Public Works, and Joint Tax (a non-partisan committee with Members from both the Senate and the House of Representatives).
