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CHAIRMEN

BILL FRENZEL
Opinion Leaders Discuss the U.S. Fiscal Dilemma at
TIM PENNY
CHARLIE STENHOLM “Avoiding a Government Debt Crisis” Conference

PRESIDENT February 17, 2010


MAYA MACGUINEAS

DIRECTORS The “Avoiding a Government Debt Crisis” conference convened yesterday


BARRY ANDERSON by the Peterson-Pew Commission on Budget Reform brought together
ROY ASH leading economists and opinion leaders to discuss the nation’s looming
CHARLES BOWSHER
STEVE COLL
fiscal crisis and the need for action to avoid it.
DAN CRIPPEN
VIC FAZIO The event featured remarks by Kansas City Federal Reserve Bank President
WILLIS GRADISON
WILLIAM GRAY, III Thomas Hoenig, and former Comptroller General of the United States
WILLIAM HOAGLAND David Walker. Three all-star panels examined the need for a fiscal goal, the
DOUGLAS HOLTZ-EAKIN
perspective of markets and lessons from abroad, and the political
JIM JONES
LOU KERR challenges involved.
JIM KOLBE
JAMES LYNN
“The conference underscored the dire consequences if we do not act now to
JAMES MCINTYRE, JR.
DAVID MINGE right our fiscal course,” according to Committee for a Responsible Federal
JIM NUSSLE Budget President Maya MacGuineas. “The message could not have been
MARNE OBERNAUER, JR.
JUNE O’NEILL
clearer. Policymakers should take note of the important warning issued by
RUDOLPH PENNER Kansas City Fed President, Tom Hoenig, that the United States must get its
PETER PETERSON fiscal house in order.”
ROBERT REISCHAUER
ALICE RIVLIN
MARTIN SABO
GENE STEUERLE
DAVID STOCKMAN
PAUL VOLCKER
CAROL COX WAIT
DAVID M. WALKER
JOSEPH WRIGHT, JR.

SENIOR ADVISORS
ELMER STAATS
ROBERT STRAUSS

1899 L Street NW • Suite 400 • Washington, DC 20036 • Phone: 202-986-2700 • Fax: 202-986-3696 • www.crfb.org
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