...spending and higher taxes today may be a necessary sacrifice if we are to sustain our resolution. The Peterson-Pew Commission on Budget Reform, a non-partisan group of federal budget experts, has been working since January to develop recommendations...

...was serious before the recession. It is now dire. An important proposal being released Monday by the Peterson-Pew Commission on Budget Reform urges Congress and the White House to commit immediately to stabilizing the debt at 60 percent of GDP...

...Obama has promised to cut the deficit in half by 2014, but promises aren't enough. Recently, the Peterson-Pew Commission on Budget Reform recommended that the government make an enforceable pledge to stabilize federal debt at no more than...