On May 20th, the Committee for a Responsible Budget (CRFB) had an event launching its new project, US Budget Watch, (www.USBudgetWatch.org) and released their first paper, “Twelve Principles for Fiscal Responsibility.” Maya MacGuineas, President of CRFB, welcomed the audience and described the fiscal problem of one of structural deficits, an unsound Social Security system, growing health care costs, numerous looming tax issues, and unsustainable debt projections. To help get the country back on track, the project… more