WASHINGTON - November 30 - On December 1, Pres. Obama's bipartisan National Commission on Fiscal Responsibility and Reform will release its much discussed final report on federal budget priorities. The report, as previewed in the mark-up published by commission co-chairs Erskine Bowles and Alan Simpson two weeks ago, is likely to propose a program of harsh austerity measures, including calls for cuts in social security and other programs that will adversely affect the middle class while the broader economy has yet to recover.

On the afternoon of December 1, immediately following the report’s release, a panel of prominent economists and budget experts will respond to the findings and recommend alternative paths to fiscal responsibility, with sustained economic growth for all Americans.

HOSTED BY: The American Prospect, Demos, the Economic Policy Institute, The Century Foundation, the Center for Economic and Policy Research, and the Roosevelt Institute

WHO: Nobel Laureate Joseph Stiglitz, Dean Baker, Nancy Altman, John Irons, and Robert Kuttner

WHEN:  Wednesday, December 1, 2010, 1:00 p.m. – 3:00 p.m.

WHERE:  National Press Club, Holeman Lounge, 529 14th St. NW, Washington, DC

Contact: Tim Rusch, (212) 389-1407, trusch@demos.org
RSVP to: Jinny Khanduja at jkhanduja@demos.org or 212.389.1399.Demos, EPI and The Century Foundation will publish its own joint report on federal budget priorities ahead of the National Commission's on Monday November, 30. For more information on the report and partnership, visit www.ourfiscalsecurity.org.