By David Clarke, John Cranford, Richard Rubin and Kerry Young

CQ Weekly

Feb. 1, 2010

"'We’re going to have to ask the American people to sacrifice,' said Republican Pete V. Domenici of New Mexico, a former chairman of the Senate Budget Committee who is serving as co-chairman with Rivlin on the Bipartisan Policy Center’s new Debt Reduction Task Force. It will present long-term fiscal policy suggestions to lawmakers following this fall’s election.

"Many analysts stress that it would be unwise to attack the deficit at a time when the economy continues to struggle and unemployment remains high. That said, what’s already clear to Domenici and Rivlin is that the nation needs a plan to curb the growth of the debt."

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Debt Reduction Task Force, Economic Policy Project