The National Commission on Fiscal Responsibility and Reform is scheduled to meet for the last time on Tuesday and Wednesday this week and to make its report to the President and the Congress. President Obama appointed the bipartisan Commission to identify policies to improve the nation’s fiscal situation, including ways to reduce the federal deficit by 2015. All issues are on the table, including tax policy, domestic discretionary spending, entitlement spending such as Social Security and Medicaid, and defense spending. The Commission’s final report and recommendations are due December 1 and final recommendations require approval of at least 14 of its 18 members. The Commission is co-chaired by former Senator Alan Simpson (R-WY) and Erskine Bowles (former Chief of Staff for President Clinton). More details are available at: http://www.fiscalcommission.gov.