Bipartisan group is latest to urge cutting U.S.' record $12 trillion debt
Dallas Morning News
Jan. 26, 2010
''Sacrifice is going to be built into this,' said former Sen. Pete Domenici, R-N.M., former chairman of the Senate budget committee.
"Domenici will co-chair the task force created by the Bipartisan Policy Center, one of a half-dozen or more high-profile efforts aimed at pressuring Congress to confront the nation's record-setting $12 trillion debt.
"There were few words of reassurance that these solutions would be simple or politically palatable.
"'Raising taxes causes real pain. Cutting spending, especially entitlement benefits that people have counted on, will cause real pain,' said co-chairwoman Alice Rivlin, the Clinton-era budget director."
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