National Commission on Fiscal Responsibility and Reform

Created by President Barack Obama, the National Commission on Fiscal Responsibility and Reform is chartered to create a proposal to balance the U.S. budget, other than interest on the national debt, by 2015. Congressional leaders have agreed to vote on its proposals by 1 December 2010.

Each party in each house is entitled to name three members, although only the House Democrats have done so.

Presidentially appointed members

• Alan Simpson former U.S. Senator (R-Wyoming)
• Clinton chief of staff Erskine Bowles
• Ann Fudge president of Young and Rubicam Brands
• David Cote Republican chairman of Honeywell International
• Alice Rivlin Brookings Institution economist, founding director of the Congressional Budget Office, director of the Clinton Administration Office of Management and Budget, former vice chairman of the Federal Reserve System
• Andy Stern, outgoing president of the Service Employees International Union and a close political ally of Barack Obama