The following went out in an email to supporters earlier today.
When we launched Fix the Debt, we told the national media that voters are way ahead of their elected representatives in recognizing the need to do something about our national debt.
Turns out we were right!
You helped validate our confidence by joining over 320,000 Americans in signing the Citizen’s Petition to Fix the Debt -- calling on Congress and the President to enact an intelligent plan that addresses all parts of the budget.
And it’s not just online that you’re stepping up. We hear the overwhelmingly positive response for a comprehensive, bipartisan debt solution everywhere we speak around the country.
The best part is that it’s working! We’re having an impact in Washington. The talk of “small ball” and “kicking the can” on the fiscal cliff has been replaced by serious discussions to tackle the debt
But success is far from assured.
Policymakers are under assault from special interests to take options off the table. Fixing our debt will require politically difficult choices, and it’s critical that all of us let our representatives know they will have our support if they put national interests ahead of special interests to reach an agreement.
As this debate unfolds, it is important to remember these words from the preamble of “The Moment of Truth” report issued by the Fiscal Commission:
“The problem is real. The solution will be painful. There is no easy way out. Everything must be on the table. And Washington must lead.”
We can’t tax our way out of this hole, we can’t cut spending enough to get out of this hole, and we can’t grow our way out of this hole. A solution will require a combination of all three. We need to cut wasteful spending wherever we find it. We need to reform Social Security and Medicare so they are financially sound for future generations. We must increase revenues to meet our commitments, and we must reform the tax code and make investments in our future to promote economic growth. Anyone who tells you that we can solve the problem without addressing all of these areas is not telling you the truth.
When we presented our plan to the members of the fiscal commission, everyone had to swallow hard and nearly choked on one item or another. That will be true of any plan that honestly addresses our debt problem; reaching a bipartisan agreement will require a spirit of shared sacrifice.
All of us must put aside our individual wish lists and think about what’s really important for the country.
Thank you for making a better, more sustainable future possible,
Erskine and Al
Co-Founders, Campaign to Fix the Debt
National Debt and You
All About the Debt