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Coalition Adds Support to Call for Bipartisan Deficit Reduction

MAR. 31, 2011

Coalition Adds Support to Call for Bipartisan Deficit Reduction

DATED MAR. 31, 2011
DOCUMENT ATTRIBUTES
  • Authors
    Altman, Roger C.
    Bowsher, Charles A.
    Anderson, Barry
    Chapoton, John E.
    Antos, Joseph
    Cote, David M.
    Baily, Martin Neil
    Davis, Pete
    Baker, James A., III
    Endean, John
    Bixby, Robert L.
    Fazio, Vic
    Feldstein, Martin
    Blahous, Charles P.
    Bowles, Erskine
    Frenzel, William
    Fudge, Ann
    Kettl, Donald F.
    Gale, William G.
    Kolb, Charles E.M.
    Galston, William A.
    Kolbe, Jim
    Lindsey, Lawrence B.
    Gradison, Willis D., Jr.
    Gregg, Sen. Judd
  • Institutional Authors
    Evercore Partners
    American Enterprise Institute
    Honeywell International
    David Capital Investment Ideas
    American Business Conference
    Concord Coalition
    Hoover Institute
    Committee for a Responsible Federal Budget
    University of Maryland
    Brookings Institution
    Committee for Economic Development
    Lindsey Group
    Progressive Policy Institute
    Columbia Business School
    Third Way
    Cato Institute
    Beverage Distributors Company
    New York University School of Law
    Urban Institute
    Moody's Analytics
  • Cross-Reference
    For the senators' letter, see Doc 2011-5799 or 2011 TNT

    54-52 2011 TNT 54-52: Congressional Tax Correspondence.
  • Subject Area/Tax Topics
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 2011-6789
  • Tax Analysts Electronic Citation
    2011 TNT 63-43

 

March 31, 2011

 

 

President Barack Obama

 

The White House

 

1600 Pennsylvania Avenue, NW

 

Washington, DC 20500

 

 

The Honorable John Boehner

 

Speaker of the House

 

1101 Longworth House Office Building

 

Washington, DC 20515

 

 

The Honorable Nancy Pelosi

 

House Minority Leader

 

235 Cannon House Office Building

 

Washington, DC 20515

 

 

The Honorable Harry Reid

 

Senate Majority Leader

 

522 Hart Senate Office Building

 

Washington, DC 20510

 

 

The Honorable Mitch McConnell

 

Senate Minority Leader

 

361-A Russell Senate Office Building

 

Washington, DC 20510

 

 

Dear President Obama, Speaker Boehner, Minority Leader Pelosi, Majority Leader Reid, and Minority Leader McConnell:

As you continue to work on our current budget situation, we are writing to let you know that we join with the 64 Senators who recently wrote that comprehensive deficit reduction measures are imperative, and to urge you to work together in support of a broad approach to solving the nation's fiscal problems. As they said in their letter to President Obama:

"As you know, a bipartisan group of Senators has been working to craft a comprehensive deficit reduction package based upon the recommendations of the Fiscal Commission. While we may not agree with every aspect of the Commission's recommendations, we believe that its work represents an important foundation to achieve meaningful progress on our debt. The Commission's work also underscored the scope and breadth of our nation's long-term fiscal challenges.

Beyond FY2011 funding decisions, we urge you to engage in a broader discussion about a comprehensive deficit reduction package. Specifically, we hope that the discussion will include discretionary spending cuts, entitlement changes and tax reform.

By approaching these negotiations comprehensively, with a strong signal of support from you, we believe that we can achieve consensus on these important fiscal issues. This would send a powerful message to Americans that Washington can work together to tackle this critical issue.

Thank you for your attention to this matter."

We agree with this letter and hope that you will work together to agree on a comprehensive, multi-year debt stabilization package.

Sincerely,

 

The Honorable Roger C. Altman

 

Former Assistant Secretary of the U.S. Department of the Treasury;

 

Founder and Chairman, Evercore Partners

 

 

Barry Anderson

 

Former Acting Director, Congressional Budget Office

 

 

Joseph Antos

 

Wilson H. Taylor Scholar in Health Care and Retirement Policy,

 

American Enterprise Institute

 

 

The Honorable Martin Baily

 

Former Chairman, Council of Economic Advisers

 

 

The Honorable James A. Baker, III

 

Former Secretary of the U.S. Department of the Treasury;

 

Former Secretary of the U.S. Department of State

 

 

Robert Bixby

 

Executive Director, Concord Coalition Charles Blahous Research

 

Fellow, Hoover Institute

 

 

Charles Blahous

 

REasearch Fellow, Hoover Institute

 

 

Erskine Bowles

 

Former Co-Chair, National Commission on Fiscal Responsibility and

 

Reform The Honorable Charles Bowsher Former Comptroller General of

 

the United States

 

 

The Honoable Charles Bowsher

 

Former Comptroller General of the United States

 

 

The Honorable John E. Chapoton

 

Former Assistant Secretary for Tax Policy, U.S. Department of the

 

Treasury

 

 

David Cote

 

Former Member, National Commission on Fiscal Responsibility and

 

Reform; Chairman and CEO, Honeywell International

 

 

Pete Davis

 

President, Davis Capital Investment Ideas

 

 

John Endean

 

President, American Business Conference

 

 

The Honorable Vic Fazio

 

Former Member of Congress

 

 

The Honorable Martin Feldstein

 

Former Chairman, Council of Economic Advisers

 

 

The Honorable William Frenzel

 

Former Ranking Member, House Budget Committee; Co-Chair, Committee

 

for a Responsible Federal Budget

 

 

Ann Fudge

 

Former Member, National Commission on Fiscal Responsibility and

 

Reform; Former CEO, Young & Rubicam Brands

 

 

William G. Gale

 

Senior Fellow, Brookings Institution

 

 

William A. Galston

 

Senior Fellow and Ezra K. Zilkha Chair, Brookings Institution

 

 

The Honorable Bill Gradison

 

Former Ranking Member, House Budget Committee

 

 

The Honorable Judd Gregg

 

Former Chairman, Senate Budget Committee

 

 

Ron Haskins

 

Senior Fellow, Brookings Institution

 

 

Kevin Hassett

 

Senior Fellow and Director of Economic Policy Studies, American

 

Enterprise Institute

 

 

G. William Hoagland

 

Former Staff Director, Senate Budget Committee

 

 

The Honorable Glenn Hubbard

 

Former Chairman, Council of Economic Advisers; Dean, Columbia

 

Business School

 

 

David B. Kendall

 

Senior Fellow for Health and Fiscal Policy, Third Way

 

 

The Honorable Bob Kerrey

 

Former Member of Congress

 

 

Donald F. Kettl

 

Dean, School of Public Policy, University of Maryland

 

 

The Honorable Charles E.M. Kolb

 

President, Committee for Economic Development

 

 

The Honorable Jim Kolbe

 

Former Member of Congress

 

 

Lawrence B. Lindsey

 

President and CEO, The Lindsey Group; Former Director, National

 

Economic Council

 

 

Maya MacGuineas

 

President, Committee for a Responsible Federal Budget

 

 

The Honorable N. Gregory Mankiw

 

Former Chairman, Council of Economic Advisers

 

 

The Honorable Donald Marron

 

Director, Urban-Brookings Tax Policy Center; Former Acting Director,

 

Congressional Budget Office

 

 

William Marshall

 

President, Progressive Policy Institute

 

 

The Honorable James T. McIntyre, Jr.

 

Former Director, Office of Management and Budget

 

 

Olivia S. Mitchell

 

Economist

 

 

The Honorable William A. Niskanen

 

Chairman Emeritus and Distinguished Senior Economist, Cato Institute;

 

Former Acting Chairman, Council of Economic Advisers

 

 

The Honorable Jim Nussle

 

Former Director, Office of Management and Budget; Former Chairman,

 

House Budget Committee; Co-Chair, Committee for a Responsible Federal

 

Budget

 

 

Michael E. O'Hanlon

 

Senior Fellow and Sydney Stein Jr. Chair, Brookings Institution

 

 

The Honorable Paul O'Neill

 

Former Secretary of the U.S. Department of the Treasury

 

 

Marne Obernauer, Jr.

 

Chairman, Beverage Distributors Company

 

 

Rudolph G. Penner

 

Former Director, Congressional Budget Office

 

 

The Honorable Timothy Penny

 

Former Member of Congress; Co-Chair, Committee for a Responsible

 

Federal Budget

 

 

The Honorable Alice Rivlin

 

Former Director, Congressional Budget Office; Former Director, Office

 

of Management and Budget; Former Member, National Commission on

 

Fiscal Responsibility and Reform

 

 

The Honorable Charles Robb

 

Former Member of Congress

 

 

Diane Lim Rogers

 

Chief Economist, Concord Coalition

 

 

The Honorable Christina Romer

 

Former Chairwoman, Council of Economic Advisers

 

 

The Honorable Robert E. Rubin

 

Former Secretary of the U.S. Department of the Treasury

 

 

The Honorable Martin Sabo

 

Former Chairman, House Budget Committee

 

 

Isabel V. Sawhill

 

Senior Fellow, Brookings Institution

 

 

Allen Schick

 

Distinguished University Professor, University of Maryland

 

 

Sylvester J. Schieber

 

Former Chairman, Social Security Advisory Board

 

 

Daniel N. Shaviro

 

Wayne Perry Professor of Taxation, New York University School of Law

 

 

The Honorable George P. Shultz

 

Former Secretary of the U.S. Department of the Treasury; Former

 

Secretary of the U.S. Department of State; Former Secretary of the

 

U.S. Department of Labor

 

 

The Honorable Alan K. Simpson

 

Former Member of Congress; Co-Chair, National Commission on Fiscal

 

Responsibility and Reform

 

 

C. Eugene Steuerle

 

Institute Fellow and Richard B. Fisher Chair, Urban Institute

 

 

The Honorable Charlie Stenholm

 

Former Member of Congress; Co-Chair, Committee for a Responsible

 

Federal Budget

 

 

The Honorable Phillip Swagel

 

Former Assistant Secretary for Economic Policy, U.S. Department of

 

the Treasury

 

 

The Honorable John Tanner

 

Former Member of Congress

 

 

John B. Taylor

 

Mary and Robert Raymond Professor of Economics, Stanford University;

 

George P. Shultz Senior Fellow in Economics, Hoover Institution

 

 

The Honorable Laura D. Tyson

 

Former Chairwoman, Council of Economic Advisers; Former Director,

 

National Economic Council

 

 

The Honorable George Voinovich

 

Former Member of Congress

 

 

The Honorable Paul Volcker

 

Former Chairman, Federal Reserve System

 

 

Carol Cox Wait

 

Former President, Committee for a Responsible Federal Budget

 

 

The Honorable David M. Walker

 

Former Comptroller General of the United States

 

 

The Honorable Murray L. Weidenbaum

 

Former Chairman, Council of Economic Advisers

 

 

The Honorable Joseph R. Wright, Jr.

 

Former Director, Office of Management and Budget

 

 

Mark Zandi

 

Chief Economist, Moody's Analytics

 

 

* Affiliations do not represent institutional endorsement.
DOCUMENT ATTRIBUTES
  • Authors
    Altman, Roger C.
    Bowsher, Charles A.
    Anderson, Barry
    Chapoton, John E.
    Antos, Joseph
    Cote, David M.
    Baily, Martin Neil
    Davis, Pete
    Baker, James A., III
    Endean, John
    Bixby, Robert L.
    Fazio, Vic
    Feldstein, Martin
    Blahous, Charles P.
    Bowles, Erskine
    Frenzel, William
    Fudge, Ann
    Kettl, Donald F.
    Gale, William G.
    Kolb, Charles E.M.
    Galston, William A.
    Kolbe, Jim
    Lindsey, Lawrence B.
    Gradison, Willis D., Jr.
    Gregg, Sen. Judd
  • Institutional Authors
    Evercore Partners
    American Enterprise Institute
    Honeywell International
    David Capital Investment Ideas
    American Business Conference
    Concord Coalition
    Hoover Institute
    Committee for a Responsible Federal Budget
    University of Maryland
    Brookings Institution
    Committee for Economic Development
    Lindsey Group
    Progressive Policy Institute
    Columbia Business School
    Third Way
    Cato Institute
    Beverage Distributors Company
    New York University School of Law
    Urban Institute
    Moody's Analytics
  • Cross-Reference
    For the senators' letter, see Doc 2011-5799 or 2011 TNT

    54-52 2011 TNT 54-52: Congressional Tax Correspondence.
  • Subject Area/Tax Topics
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 2011-6789
  • Tax Analysts Electronic Citation
    2011 TNT 63-43
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