Executive Order 13531

National Commission on Fiscal Responsibility and Reform

Ordered by Barack Obama on February 18, 2010

Summary

Establishes a bipartisan commission within the Executive Office to examine and propose measures addressing fiscal sustainability and budgetary balance. Comprises 18 members appointed by the president and congressional leaders. Requires recommendations to achieve budget balance, excluding interest payments, by 2015, and improve the long-term fiscal outlook. Commission terminates after delivering final report.

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Implications

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