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It’s Time for a National Commision on Spending, Debt & Taxes

February 15, 2009

Now more than ever, The Republican Party needs to offer leadership, not talking points, the country’s financial future. If the U S was a private enterprise we would have to declare bankruptcy.
 
President Obama will sign a bill for so called stimulus which will add $1 .3 trillion to the national debt and a larger amount which will be forthcoming to stabilize the banks. We cannot hope to continue our present course as it will eventually destroy all we value as a nation.
 
Congress should establish a bipartisan commission that would recommend legislation to narrow the fiscal imbalance, which Congress would then be required to approve or reject.
 
Both spending and taxes should be on the table and the commission should be driven to action not merely discussion. There are studies already done but the there has little political courage to so anything.
 
This commission would be bipartisan, cover both ends of Pennsylvania Avenue,  and have the support of the American People.
 
The time is now for action.

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