Camp Accepts Invite To Attend Fiscal Responsiblity Summit
On Monday, the President will convene a "Fiscal Responsibility Summit" with members of his Administration, key congressional representatives and advocacy groups. U.S. Rep. Dave Camp, the Ranking Republican on the Ways and Means Committee, has agreed to attend the 3-hour policy discussion.
"Last week's stimulus bill doubled the federal deficit, increased our debt payments by nearly $400 billion and put the nation's financial future on even shakier ground," Camp said. "Now, more than ever, we need to get government spending under control and find a sustainable path forward. I look forward to meeting with the President, hearing his ideas and hopefully taking the first step towards reducing the debt, the tax burden on families and protecting the critical services and benefits provided by Social Security and Medicare."
According to media reports, approximately 90 people were invited to the summit, which will focus in part on the growing national debt, taxes, health care and Social Security. The New York Times has reported that the list includes "30 members of the House, 30 senators and 30 scholars and representatives of advocacy groups."