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Bowles, Simpson react to Bennet, Johanns letter to President Obama

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FOR IMMEDIATE RELEASE

WASHINGTON, DC - Today, a bipartisan group of 64 Senators, organized by Senators Michael Bennet (D-CO) and Mike Johanns (R-NE), sent a letter to President Obama urging action on a comprehensive deficit reduction plan that builds upon the work of the Fiscal Commission. Reacting to the letter, Fiscal Commission and Moment of Truth project co-chairs Erskine Bowles and Senator Alan Simpson (R-WY) released the following joint statement:

"We are thrilled by the support that Senators Michael Bennett and Mike Johanns were able to gather for their letter. This is a bold, decisive, and courageous step towards real fiscal reform and it is very encouraging to see the Senate act in a bipartisan manner.  This letter shows that if the President and Congressional leaders provide leadership, there will be many Senators and Members of Congress in both parties willing to jump right into the canoe with them.

It is particularly important to see that the letter calls for a comprehensive approach which includes spending cuts, entitlement changes and tax reform. We were able to get bipartisan support for a serious plan in the Commission because everyone had 'skin in the game' and the Commission members in both parties took the attitude that 'we're all in this together!'

While the Commission proposal is not anyone's definition of the perfect plan, it can serve as the starting point for the discussion necessary to produce an agreement that is equally bold and comprehensive and that can get the broad support needed to ensure enactment. Senators Johanns and Bennett, and all Senators who signed this letter, should be richly commended for their unselfish willingness to put the national interest ahead of special interests. Americans want their leaders to put politics aside and pull together, not pull apart. While work still needs to be done, clearly there exists a super majority in the Senate which understands that this is the Moment of Truth and the era of deficit denial is over. Today, the future of America looks brighter."


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The Moment of Truth project is a non-profit, non-partisan effort that seeks to foster honest discussion about the nation's fiscal challenges, the difficult choices that must be made to solve them, and the potential for bipartisan compromise that can move the debate forward and set our country on a sustainable path.
 

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Mar 18, 2011
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Moment of Truth co-chairs Erskine Bowles and Sen. Alan Simpson offer their reactions to the letter sent to President Obama today signed by 64 Senators and organized by Senators Bennet and Johanns.