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
Is advanced scheduling in Kubernetes achievable? Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, will answer these questions and demonstrate techniques for implementing advanced scheduling. For example, using spot instances ...
SYS-CON Events announced today that Daiya Industry will exhibit at the Japanese Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ruby Development Inc. builds new services in short period of time and provides a continuous support of those services based on Ruby on Rails. For more information, please visit https://github.com/RubyDevInc.
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busine...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, will discuss some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he’ll go over some of the best practices for structured team migrat...
As businesses evolve, they need technology that is simple to help them succeed today and flexible enough to help them build for tomorrow. Chrome is fit for the workplace of the future — providing a secure, consistent user experience across a range of devices that can be used anywhere. In her session at 21st Cloud Expo, Vidya Nagarajan, a Senior Product Manager at Google, will take a look at various options as to how ChromeOS can be leveraged to interact with people on the devices, and formats th...
First generation hyperconverged solutions have taken the data center by storm, rapidly proliferating in pockets everywhere to provide further consolidation of floor space and workloads. These first generation solutions are not without challenges, however. In his session at 21st Cloud Expo, Wes Talbert, a Principal Architect and results-driven enterprise sales leader at NetApp, will discuss how the HCI solution of tomorrow will integrate with the public cloud to deliver a quality hybrid cloud e...
SYS-CON Events announced today that Yuasa System will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Yuasa System is introducing a multi-purpose endurance testing system for flexible displays, OLED devices, flexible substrates, flat cables, and films in smartphones, wearables, automobiles, and healthcare.
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant tha...
Organizations do not need a Big Data strategy; they need a business strategy that incorporates Big Data. Most organizations lack a road map for using Big Data to optimize key business processes, deliver a differentiated customer experience, or uncover new business opportunities. They do not understand what’s possible with respect to integrating Big Data into the business model.
The session is centered around the tracing of systems on cloud using technologies like ebpf. The goal is to talk about what this technology is all about and what purpose it serves. In his session at 21st Cloud Expo, Shashank Jain, Development Architect at SAP, will touch upon concepts of observability in the cloud and also some of the challenges we have. Generally most cloud-based monitoring tools capture details at a very granular level. To troubleshoot problems this might not be good enough.
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, will discuss how from store operations...
As people view cloud as a preferred option to build IT systems, the size of the cloud-based system is getting bigger and more complex. As the system gets bigger, more people need to collaborate from design to management. As more people collaborate to create a bigger system, the need for a systematic approach to automate the process is required. Just as in software, cloud now needs DevOps. In this session, the audience can see how people can solve this issue with a visual model. Visual models ha...
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, will discuss how they bu...
SYS-CON Events announced today that Dasher Technologies will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Dasher Technologies, Inc. ® is a premier IT solution provider that delivers expert technical resources along with trusted account executives to architect and deliver complete IT solutions and services to help our clients execute their goals, plans and objectives. Since 1999, we'v...