Welcome!

News Feed Item

Former Senators Olympia Snowe, Kay Bailey Hutchison, Kent Conrad, and John Sununu Join Campaign to Fix the Debt's Bipartisan Congressional Fiscal Leadership Council

WASHINGTON, Feb. 14, 2013 /PRNewswire-USNewswire/ -- Today, the Campaign to Fix the Debt announced the creation of the Congressional Fiscal Leadership Council (CFLC), a bipartisan group of more than 85 former federal lawmakers from across the country. New members include former U.S. Senators Olympia Snowe (R-ME), Kay Bailey Hutchison (R-TX), Kent Conrad (D-ND), and John Sununu (R-NH), as well as many of their former colleagues from the U.S. House and Senate. The CFLC is committed to urging meaningful debt-reduction legislation and providing support to those who show the leadership to take a stand.

On Monday, the Campaign hosted the "State of the Debt" press conference, a bipartisan forum of 16 CFLC members from both sides of the political aisle. The launch event for the CFLC also provided a platform for participants to call on the President to make finding a comprehensive, bipartisan budget agreement a central priority in his State of the Union speech, and in the year ahead. The press conference was held on the same day the Committee for a Responsible Budget released an update to its policy paper, "Our Debt Problems Are Far from Solved" (http://crfb.org/document/report-our-debt-problems-are-far-solved), which calls for $2.4 trillion in further savings over the next ten years.

"The Congressional Fiscal Leadership Council is comprised of men and women who know what compromise looks like and who recognize the urgency of addressing our country's growing federal debt," said Maya MacGuineas, head of the Campaign to Fix the Debt. "This new group of affiliates will lend its experience and deep expertise to advance the mission of the Campaign to Fix the Debt."

The publicly-held portion of the national debt currently exceeds $11.6 trillion, more than 73 percent of the United States' GDP. On February 5, the Congressional Budget Office released updated projections that find the country will run an $845 billion deficit this year. Although that marks the first time since 2008 the deficit will fall below $1 trillion, the same analysis indicates long-term debt will continue to grow. Within ten years, the debt will equal 77 percent of GDP, the most since 1951, even if the automatic "sequestration" cuts take effect in March as scheduled.

"The debt threat to our nation remains one of our toughest challenges," said former North Dakota Senator Kent Conrad, a new member of the Campaign to Fix the Debt's Steering Committee and Congressional Fiscal Leadership Council. "While progress has been made with the Budget Control Act, much more needs to be done. Recent analysis tells us we need at least another $2 trillion of deficit reduction this decade to get our debt on a declining course. That will require entitlement reform to save money and tax reform to generate revenue and improve the competitive position of our country."

"Unfortunately, in Washington these days it seems like leaders are more concerned with scoring political points than taking a stand on tough issues," said former New Hampshire Senator Judd Gregg, co-chair of the Campaign to Fix the Debt. "As members of the Congressional Fiscal Leadership Council, we hope to show Members of Congress and of the Administration that good policy can equal good politics. They may have to stand up to narrowly-focused constituencies, but the reality is that Americans recognize the fiscal problems we face, and they want our leaders to work together to get them under control."

The Campaign to Fix the Debt is a non-partisan movement asking lawmakers to work together on legislation large enough to stabilize and reduce the national debt as a share of the economy. Members come from a broad range of social, economic and political perspectives with the belief that America's growing debt burden threatens our future, and that we must address it now. The Campaign will mobilize key communities – including leaders from business, government, and policy – and people all across America who want to see elected officials step up to solve our nation's fiscal challenges

For more information about the Campaign to Fix the Debt, please visit FixtheDebt.org.

Campaign to Fix the Debt Congressional Fiscal Leadership Council
(Membership as of 2/14/13)

Former U.S. Senators

William Brock, (R-TN)
Kent Conrad, (D-ND)
Pete Domenici, (R-NM)
Judd Gregg, (R-NH)
Gary Hart, (D-CO)
Kay Bailey Hutchison, (R-TX)
George LeMieux, (R-FL)
Blanche Lincoln, (D-AR)
Mel Martinez, (R-FL)
Sam Nunn, (D-GA)
Bob Packwood, (R-OR)
Larry Pressler, (R-SD)
Charles Robb, (D-VA)
Alan Simpson, (R-WY)
Olympia Snowe, (R-ME)
Adlai Stevenson III, (D-IL)
John Sununu, (R-NH)
George Voinovich, (R-OH)
Tim Wirth, (D-CO)

Former U.S. Representatives

Steve Bartlett, (R-TX)
Bob Bauman, (R-MD)
Helen Bentley, (R-MD)
Sherry Boehlert, (R-NY)
Allen Boyd, (D-FL)
Glen Browder, (D-AL)
Beverly Byron, (D-MD)
William Clinger, (R-PA)
Jim Coyne, (R-PA)
Hal Daub, (R-NE)
Jim Davis, (D-FL)
Joseph DioGuardi, (R-NY)
Mickey Edwards, (R-OK)
Philip English, (R-PA)
Dave Evans, (D-IN)
Thomas Ewing, (R-IL)
Vic Fazio, (D-CA)
Ronnie Flippo, (D-AL)
William Frenzel, (R-MN)
Louis Frey, (R-FL)
Bill Gradison, (R-OH)
Bill Grant, (D-FL)
William Gray, (D-PA)
Frank Guarini, (D-NJ)
Dennis Hertel, (D-MI)
Baron Hill, (D-IN)
Joan Kelly Horn, (D-MO)
Jerry Huckaby, (D-LA)
William Hughes, (D-NJ)
Jim Jones, (D-OK)
William Keating, (D-MA)
Mark Kennedy, (R-MN)
Scott Klug, (R-WI)
Jim Kolbe, (R-AZ)
Ernest Konnyu, (R-CA)
Nick Lampson, (D-TX)
H. Martin Lancaster, (D-NC)
Larry LaRocco, (D-ID)
Steve LaTourette, (R-OH)
Jim Lightfoot, (R-IA)
Marjorie Margolies-Mezvinsky, (D-PA)
Jim McCrery, (R-LA)
Dave McCurdy, (D-OK)
Matthew McHugh, (D-NY)
C. Thomas McMillen, (D-MD)
Charlie Melancon, (D-LA)
Robert Michel, (R-IL)
David Minge, (D-MN)
Jim Nussle, (R-IA)
Glenn Nye, (D-VA)
Tim Penny, (D-MN)
Glenn Poshard, (D-IL)
Tom Railsback, (R-IL)
Marty Russo, (D-IL)
Martin Sabo, (D-MN)
Lynn Schenk, (D-CA)
John Schwarz, (I-MI)
David Skaggs, (D-CO)
Jim Slattery, (D-KS)
John Spratt, (D-SC)
Richard Stallings, (D-ID)
Charlie Stenholm, (D-TX)
John Tanner, (D-TN)
Tom Tauke, (R-IO)
Zach Wamp, (R-TN)
Vin Weber, (R-MN)
Albert Wynn, (D-MD)
Bill Zeliff, (R-NH)

SOURCE Campaign to Fix the Debt

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, will present a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to m...
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
SYS-CON Events announced today that Auditwerx will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Auditwerx specializes in SOC 1, SOC 2, and SOC 3 attestation services throughout the U.S. and Canada. As a division of Carr, Riggs & Ingram (CRI), one of the top 20 largest CPA firms nationally, you can expect the resources, skills, and experience of a much larger firm combined with the accessibility and atten...
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud computing technologies. Ge...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...