Ed Lorenzen, Executive Director of the Moment of Truth Project, recently testified before the House Ways and Means Committee's Social Security Subcommittee
Excerpts from articles about "A Bipartisan Path Forward to Securing America's Future"
How Erskine Bowles and Alan Simpson's new plan meets the principles of deficit reduction
Answers to Frequently Asked Questions about the Chained CPI.
The truth behind common myths about the Chained CPI
A one-page summary of the updated version of Moment of Truth's policy paper supporting the chained CPI.
"Their work, though rejected by both partisan sides, remains the most credible and realistic approach to fixing the nation's fiscal mess. And on Tuesday, Bowles and Simpson updated their suggestions, hoping to prompt smarter spending restraint than the across-the-board cuts scheduled to begin in little more than a week."
The problem is real, the solutions are painful, and there is no easy way out. What we are calling for is by no means perfect, but it could serve as a mark for real bipartisan negotiations on a plan to reduce the deficit and grow the economy.