In a testimony before the Senate Budget Committee, Maya MacGuineas argued for the need to pick a fiscal goal, how to think about the right policies to achieve that goal, and the consequences of failing to act.
Links:
[1] http://budgetreform.org/sites/default/files/MacGuineas_Testimony_-_Setting_a_Target_for_Fiscal_Sustainability_0.pdf
[2] http://budgetreform.org/sites/default/files/target.gif
[3] http://budgetreform.org/category/issue-area/deficits-and-debt
[4] http://budgetreform.org/category/project/peterson-pew-budget-reform-commission
[5] http://budgetreform.org/category/document-type/congressional-testimony