Coalition Adds Support to Call for Bipartisan Deficit Reduction
Coalition Adds Support to Call for Bipartisan Deficit Reduction
- AuthorsAltman, Roger C.Bowsher, Charles A.Anderson, BarryChapoton, John E.Antos, JosephCote, David M.Baily, Martin NeilDavis, PeteBaker, James A., IIIEndean, JohnBixby, Robert L.Fazio, VicFeldstein, MartinBlahous, Charles P.Bowles, ErskineFrenzel, WilliamFudge, AnnKettl, Donald F.Gale, William G.Kolb, Charles E.M.Galston, William A.Kolbe, JimLindsey, Lawrence B.Gradison, Willis D., Jr.Gregg, Sen. Judd
- Institutional AuthorsEvercore PartnersAmerican Enterprise InstituteHoneywell InternationalDavid Capital Investment IdeasAmerican Business ConferenceConcord CoalitionHoover InstituteCommittee for a Responsible Federal BudgetUniversity of MarylandBrookings InstitutionCommittee for Economic DevelopmentLindsey GroupProgressive Policy InstituteColumbia Business SchoolThird WayCato InstituteBeverage Distributors CompanyNew York University School of LawUrban InstituteMoody's Analytics
- Cross-Reference
- Subject Area/Tax Topics
- Jurisdictions
- LanguageEnglish
- Tax Analysts Document NumberDoc 2011-6789
- Tax Analysts Electronic Citation2011 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.
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.
- AuthorsAltman, Roger C.Bowsher, Charles A.Anderson, BarryChapoton, John E.Antos, JosephCote, David M.Baily, Martin NeilDavis, PeteBaker, James A., IIIEndean, JohnBixby, Robert L.Fazio, VicFeldstein, MartinBlahous, Charles P.Bowles, ErskineFrenzel, WilliamFudge, AnnKettl, Donald F.Gale, William G.Kolb, Charles E.M.Galston, William A.Kolbe, JimLindsey, Lawrence B.Gradison, Willis D., Jr.Gregg, Sen. Judd
- Institutional AuthorsEvercore PartnersAmerican Enterprise InstituteHoneywell InternationalDavid Capital Investment IdeasAmerican Business ConferenceConcord CoalitionHoover InstituteCommittee for a Responsible Federal BudgetUniversity of MarylandBrookings InstitutionCommittee for Economic DevelopmentLindsey GroupProgressive Policy InstituteColumbia Business SchoolThird WayCato InstituteBeverage Distributors CompanyNew York University School of LawUrban InstituteMoody's Analytics
- Cross-Reference
- Subject Area/Tax Topics
- Jurisdictions
- LanguageEnglish
- Tax Analysts Document NumberDoc 2011-6789
- Tax Analysts Electronic Citation2011 TNT 63-43