On the recordMarch 13, 2013
Under Simpson-Bowles we suggested that the goal should be to stabilize the debt at 70 percent of GDP or less.
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congress.govEditor's note · Context
Gregg discusses the recommended debt stabilization target from the Simpson-Bowles Commission.
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More from Judd Gregg
Mar 13, 2013
I don't think you can get there without doing what Dr. Rivlin referred to, which is you shift from a utilization system to a qualities and outcome system.
Sep 7, 2016
I have always been supportive of the balanced budget amendment. But you're talking about putting something by the next eon of life cycle, political life cycle.
Mar 13, 2013
Those would go an inordinate amount of the way, but you should also adjust the BIN points, obviously, which is means-testing, and probably the age.
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