NEW
YORK, Aug. 8, 2024 /PRNewswire/ -- Today,
John Gardner, Vice President, Public
Policy, at the Committee for Economic Development (CED), the public
policy center of The Conference Board, released the following
statement:
CED welcomes the proposals for cutting the federal budget from
several prominent organizations as an important contribution to
what should be a growing and urgent debate over spending and our
fiscal health in this election year. CED reaffirms
our call for a bipartisan Congressional Commission on
Fiscal Responsibility to consider comprehensive and
sustainable solutions to our Debt
Crisis and urges Congress to adopt solutions to
put the Social Security and Medicare Trust
Funds on sound financial footing to preserve these crucial programs
for current beneficiaries and future generations of
Americans. Now, other organizations should step up to make
similar far-reaching proposals for spending reduction, entitlement
reform, and budget process reform so that Congress has more
proposals to consider, and the US will be able to address its
fiscal challenges quickly.
About The Conference Board
The Conference Board
is the member-driven think tank that delivers Trusted Insights for
What's Ahead.™ Founded in 1916, we are a non-partisan,
not-for-profit entity holding 501(c)(3) tax-exempt
status in the United
States. ConferenceBoard.org
The Committee for Economic Development (CED) is the public
policy center of The Conference Board. The nonprofit, nonpartisan,
business-led organization delivers well-researched analysis and
reasoned solutions in the nation's interest. CED Trustees are chief
executive officers and key executives of leading US companies who
bring their unique experience to address today's pressing policy
issues. Collectively, they represent 30+ industries and over 4
million employees.
ConferenceBoard.org/us/Committee-Economic-Development
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SOURCE Committee for Economic Development of The Conference
Board (CED)