SYS-CON MEDIA Authors: Adrian Bridgwater, Yeshim Deniz, Elizabeth White, Sean Houghton, Glenn Rossman

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
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the ...
This builds on Puppet Labs' first class Windows support, including native .MSI packages for x32 and x64 operating systems, modules to extend common Windows server management tools, including Powershell, and integrations with Microsoft Azure and Visual Studio. By automating common Windows administration tasks, Puppet Labs is enabling users to adopt DevOps practices, thereby reducing the time needed to deploy applications from weeks to hours.
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
"SAP had made a big transition into the cloud as we believe it has significant value for our customers, drives innovation and is easy to consume. When you look at the SAP portfolio, SAP HANA is the underlying platform and it powers all of our platforms and all of our analytics," explained Thorsten Leiduck, VP ISVs & Digital Commerce at SAP, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
There's Big Data, then there's really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at Big Data Expo®, Hannah Smalltree, Director at Treasure Data, discussed how IoT, Big D...
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective ...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
The term culture has had a polarizing effect among DevOps supporters. Some propose that culture change is critical for success with DevOps, but are remiss to define culture. Some talk about a DevOps culture but then reference activities that could lead to culture change and there are those that talk about culture change as a set of behaviors that need to be adopted by those in IT. There is no question that businesses successful in adopting a DevOps mindset have seen departmental culture change, ...
SYS-CON Media announced today that Skytap blog on "DevOps Journal" exceeded 84,000 story reads. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Noel Wurst is the managing content editor at Skytap. Skytap provides SaaS-based dev/test environments to the enterprise. Skytap solution removes the inefficiencies and constraints that comp...
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...