The Committee for a Responsible Federal Budget has officially re-launched U.S. Budget Watch, a project meant to raise awareness on fiscal issues in the 2012 campaign and to provide objective analysis of the candidates' fiscal plans. Our first paper, The 12 Principles of Fiscal Responsibility for the 2012 Campaign, lays out 12 specific principles that all candidates should adhere to.

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The Committee for a Responsible Federal Budget is the parent organization of the US Budget Watch Project. It is a bipartisan, non-profit group committed to educating the public about issues that have significant fiscal policy impact. The Committee is made up of some of the most important budget experts in the country including many of the past Directors of the Budget Committees, the Congressional Budget Office, the Office of Management and Budget and the Federal Reserve Board.

CRFB - along with many other lawmakers, business leaders, former government officials, and organizations - is calling for Congress and the White House to "Go Big" to enact savings sufficeint to stabilize and reduce debt as a share of the economy.

The bipartisan Peterson-Pew Commission is made up of the country's most seasoned federal budget policymakers. The commission is supported by the Peter G. Peterson Foundation and The Pew Charitable Trusts.