Former Senate Budget Chairman Pete Domenici and Former OMB and CBO Director Alice Rivlin to craft detailed plan to cut unsustainable U.S. debt

Urgent Issue for U.S. Economic Competitiveness and Global Standing

WASHINGTON, Jan. 20 /PRNewswire-USNewswire/ -- The Bipartisan Policy Center (BPC) will launch its Debt Reduction Task Force, led by former Senator Pete Domenici and Dr. Alice Rivlin, with top budget experts, business and labor leaders, stakeholders, and former elected officials, on Monday, January 25, 2010. BPC Founders and Advisory Board Members Howard Baker, Tom Daschle and Bob Dole will introduce the Domenici-Rivlin Task Force and comment on the economic, political and international implications of America's growing debt burden.

After providing an overview of the Task Force, former Senate Budget Chairman Domenici (R- NM), and Dr. Rivlin, the first director of the Congressional Budget Office, former Vice Chair of the Federal Reserve Board, and Office of Management and Budget Director during the Clinton Administration, will answer questions from attendees at the Bipartisan Policy Center's brand new media facility in Washington, D.C. beginning at 10:30AM.

Under the leadership of former Senator Domenici and Dr. Rivlin, the BPC's Task Force, composed of the nation's leading budget authorities from both sides of the aisle, will develop a comprehensive and politically-viable plan for consideration by Congress and the Administration. Federal budget expert Charles Konigsberg recently joined the BPC and will direct the Domenici-Rivlin Task Force.

About the Bipartisan Policy Center:

In 2007, former U.S. Senate Majority Leaders Howard Baker, Tom Daschle, Bob Dole, and George Mitchell formed the Bipartisan Policy Center (BPC) to develop and promote solutions that can attract the public support and political momentum to achieve real progress. The BPC acts as an incubator for policy efforts that engage top political figures, advocates, academics, and business leaders in the art of principled compromise. For more information please visit our website: http://www.bipartisanpolicy.org/

SOURCE Bipartisan Policy Center

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