Joint Select Committee on Deficit Reduction holds second hearing

The Joint Select Committee on Deficit Reduction held its second public hearing on September 22, entitled Overview: Revenue Options and Reforming the Tax Code. The bipartisan Committee, established by the Budget Control Act, is charged with identifying $1.5 trillion in deficit reduction which can include spending cuts from all entitlement and discretionary programs as well as revenue increases. It is expected to finalize its plan by late October or early November in order to allow sufficient time for the Congressional Budget Office to develop cost estimates before the November 23 deadline for the Congress to vote on its legislative proposal. Learn more about the Budget Control Act and how it may affect funding for discretionary disability-related programs. The Arc strongly supports a balanced approach to reducing the deficit, since greater revenues would result in fewer spending cuts for disability-related programs. The hearing is archived on the Committee’s website at http://deficitreduction.senate.gov/public/.

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