On Tuesday, North Carolina will become the 17th state to host an active chapter of Fix The Debt, a nonpartisan group working to promote solutions to the problem of the growing national debt.
The new chapter will be formally launched by former North Carolina governors Jim Hunt, a Democrat, and Jim Holshouser, a Republican, at a news conference in Raleigh, McClatchy reported.
The group plans to reach out to people through advertising and events in the hope of conceiving and proposing solutions to the debt, which has nearly tripled to more than $16 trillion since 2000.
“We intend to create a groundswell of local, state and national support that persuades Congress to pass, and the President to sign, a comprehensive debt deal,” spokesman Jon Romano said.
Fix The Debt was founded by former Clinton Chief of Staff Erskine Bowles and former Wyoming Sen. Alan Simpson, who co-chaired President Barack Obama’s National Commission on Fiscal Responsibility and Reform, commonly known as the Simpson-Bowles commission.
Bowles is a native of North Carolina and ran its state university system from 2005-2010.
The rest of the national organization is run by a long list of former politicians and high-ranking businesspeople from both sides of the aisle who hope to push Congress and the White House to find an agreement on how to start reducing the debt.
The hope is to be more successful than the Simpson-Bowles Erskine-Bowles proposals, which included massive cuts to Social Security, the Pentagon budget, other government agencies, and a host of tax breaks. Members of both parties reacted negatively to the plan.
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"Fix The Debt was founded by former Clinton Chief of Staff Erskine Bowles and former Wyoming Sen. Alan Simpson, who co-chaired President Barack Obama’s National Commission on Fiscal Responsibility and Reform, commonly known as the Simpson-Bowles commission."
ReplyDeleteI'm not expecting much. Wasn't Bowles investigated for something relating to his tenure running the universities?
Seems like something came up when he ran against Burr. Not sure.
DeleteOrdinary people had nothing to do with this debt . . . so they should really feel no special obligation to come up with ways to "fix" it. For all the time that politicians and their political lobby groups (and the billionaire bankers who underwrite them all) spend thinking about cutting the national debt, their magnificent bipartisan "solutions" will invariably amount to proposals for more taxes, spending, and borrowing.
ReplyDeleteAt this point . . . nothing any of these puppets say matters much to me anymore.
Good point and well said. Lead us to the guillotine.........:)
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