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CED POLICY WATCH

A Bipartisan Fiscal Commission to Tackle the National Debt

February 19, 2026 12:00 PM - 01:00 PM ET

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The total US national debt now exceeds $38 trillion, and the primary Trust Funds for Social Security and Medicare are expected to become insolvent in less than a decade. Our Nation’s fiscal challenges will only continue to worsen absent Congressional action. CED has long recommended a bipartisan fiscal commission in Congress to tackle deficits, spending, and the national debt. This concept has business support, recognizes the current budget process is broken, allows for comprehensive solutions that address both mandatory spending and revenues, and provides an opportunity to raise public awareness and support without which success is unlikely.

This webcast will describe the scope and responsibilities of an ideal fiscal commission. Join us for an enlightening discussion presenting an actionable plan to reenergize the conversation in Congress around concrete solutions to reduce deficits and the national debt.

By attending, you will learn:

  • What are the major drivers of the national debt and the resulting risks and negative consequences
  • What successes and lessons can be learned from previous commissions that tackled controversial fiscal issues, such as the Simpson-Bowles Commission and the Base Realignment and Closure Commission
  • How Congress can design a bipartisan fiscal commission to address deficits and the national debt
  • What a public education plan should look like to inform the Commission’s work and build the political will needed to ensure its success
  • How business can support this effort

Speakers

Karl Fessenden

Karl Fessenden

Executive Chairman
NAEHS (Right Time & Southern H…

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David Finkelstein

David Finkelstein

CEO and Co-CIO
Annaly Capital Management

Read Bio

Luis Bourgeois

Luis Bourgeois

Researcher and Writer, Fiscal Policy
Committee for Economic Develop…

Read Bio

David K. Young

David K. Young (Moderator)

President
Committee for Economic Develop…

Read Bio

CED Policy Watch

Policy Watch explores relevant topics where business meets US domestic policy. Join experts at the Committee for Economic Development of The Conference Board and prominent policy makers as they dissect the impact of timely decisions from the nation's capital.

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We've put together some commonly asked questions to give you more information, webcast FAQs. If you still can't find an answer to your question, please contact the customer service team at +1 212 339 0345.

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