New York City Mayor Michael Bloomberg today joined the Fix the Debt campaign as a national co-chair. He joins Los Angeles Mayor Antonio Villaraigosa as the first two sitting officeholders on our distinguished, bipartisan steering committee.
In a Washington Post op-ed today explaining his rationale for joining the campaign, Bloomberg says
Business leaders — large and small — understand that Washington cannot continue running up massive deficits without producing collateral consequences, either in the form of higher interest rates, higher inflation or higher taxes. And when these outcomes are unknown, businesses play it safe — by not investing.
- CBO Scores President’s Budget 05/17/2013
- Debt Ceiling Coming Off Suspension 05/17/2013
- New Report Shows Short-Term Gains, But Long-Term Debt Problems Remain 05/15/2013
- Of Interest to Graduates 05/14/2013
- Calls for Budget Talks Intensify 05/13/2013