Dec. 2010: Report warns, it's time to 'put up or shut up'
Entitled, "The Moment of Truth," a report by the National Commission on Fiscal Responsibility and Reform warns of a pending catastrophe, and offers ways to help. "After all the talk about debt and deficits, it is long past time for America's leaders to put up or shut up," the commission writes. "We do not pretend to have all the answers. We offer our plan as the starting point for a serious national conversation in which every citizen has an interest and all should have a say."
Among the commission's proposals: a revised tax code for employer-sponsored health insurance and retirement savings and pensions.
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