April 18, 2014

Concord Coalition Seeks 'More Rational And Effective Alternative' to Debt Ceiling

Bipartisan Policy Center Hosts Treasury Secretary Jack Lew, Closely Monitoring 'X' Date
February 3, 2014
Market News International (MNI)

Excerpt

The Concord Coalition released a statement Monday urging Congress to overhaul the current debt ceiling with a "more rational and effective alternative - one that provides more than a false impression of fiscal rectitude." The non-partisan organization urges Congress to create a Debt Limit Reform Commission to come up with a mechanism to link the nation's debt to an "economically relevant standard" such as the rate of economic growth.