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
Redis is not only the fastest database, but it has become the most popular among the new wave of applications running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 18th Cloud Expo, Dave Nielsen, Developer Relations at Redis Labs, will shares the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
There is an ever-growing explosion of new devices that are connected to the Internet using “cloud” solutions. This rapid growth is creating a massive new demand for efficient access to data. And it’s not just about connecting to that data anymore. This new demand is bringing new issues and challenges and it is important for companies to scale for the coming growth. And with that scaling comes the need for greater security, gathering and data analysis, storage, connectivity and, of course, the...
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, will show how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningfu...
Many private cloud projects were built to deliver self-service access to development and test resources. While those clouds delivered faster access to resources, they lacked visibility, control and security needed for production deployments. In their session at 18th Cloud Expo, Steve Anderson, Product Manager at BMC Software, and Rick Lefort, Principal Technical Marketing Consultant at BMC Software, will discuss how a cloud designed for production operations not only helps accelerate developer...
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, will discuss how leveraging the Industrial Interne...
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, will explain how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
Struggling to keep up with increasing application demand? Learn how Platform as a Service (PaaS) can streamline application development processes and make resource management easy.
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists will dis...
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
The increasing popularity of the Internet of Things necessitates that our physical and cognitive relationship with wearable technology will change rapidly in the near future. This advent means logging has become a thing of the past. Before, it was on us to track our own data, but now that data is automatically available. What does this mean for mHealth and the "connected" body? In her session at @ThingsExpo, Lisa Calkins, CEO and co-founder of Amadeus Consulting, will discuss the impact of wea...