Former Senate Budget Committee Chairman Pete Domenici and Former White House Budget Director Alice Rivlin Commend Senators for Urging Action to Address the Debt

WASHINGTON, March 18, 2011 /PRNewswire-USNewswire/ -- The following is a statement by former Senate Budget Committee Chairman Pete Domenici and former White House Budget Director Alice Rivlin, co-chairs of the Bipartisan Policy Center's Debt Reduction Task Force, on the letter Senators Michael Bennet (D-CO), Mike Johanns (R-NE) and 62 others sent to President Barack Obama today on the need for immediate action to solve the nation's long-term fiscal challenges:

"This letter, signed by a bipartisan group of 64 sitting Senators, rightly calls on the President to address the nation's debt crisis with a broad, comprehensive deficit reduction package. We applaud this group of Senators for their leadership and willingness to put partisan disagreements aside in order to address a critical issue facing the country. This letter demonstrates that a majority of Democrats and Republicans in the Senate are willing to work together to solve this mounting problem, and the President should heed their call to action. The time to act is now.

"The plan put out by the Task Force we led at the Bipartisan Policy Center, Restoring America's Future, includes bipartisan recommendations and solutions to our debt and deficit problem. We stand ready to help the President and all Members of Congress willing to take on this challenge."

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. Currently, the BPC focuses on issues including health care, energy, national and homeland security, transportation and economic policy. For more information, please visit our website: http://www.bipartisanpolicy.org/.

SOURCE Bipartisan Policy Center