Friday, July 22, 2011

The Gang of Six

A friend from work sent me this. It is a letter from one of the Gang of Six, Mark Warner, urging people to sign a petition supporting their bipartisan debt reduction proposal.

From: Mark Warner

With our nation set to surpass the current debt limit in less than two weeks, we're approaching perhaps the most predictable financial crisis ever -- but up until now our politics have been too divisive and hyper-partisan to seriously confront the problem.

I hope to change that. For several months now, I've worked with a bipartisan group of Senators, three Republicans and three Democrats, devising a plan to cut our debt by nearly $4 trillion over the next decade through a combination of spending cuts and tax and entitlement reforms.

I'm now asking for your help to turn our Gang of Six into something much larger: a grand coalition of like-minded Democrats, Independents, and Republicans with the political will to break the gridlock in Washington and fix our debt problem. It’s going to require a lot of work to pass this proposal through both Houses of Congress, and in order to swing enough votes I need your help to apply some public pressure.

Will you click on this link and add your name in support of our bipartisan debt reduction proposal?

The single best thing we can do to create jobs and grow the economy right now is to enact a long-term debt and deficit reduction plan that will provide some semblance of certainty for the marketplace. Right now, businesses have $2 trillion in cash that’s just sitting on their balance sheets. They’re unwilling to invest those funds and create jobs because, as they watch the debate in Washington, they have little confidence in what the future will hold.

Enacting our plan will give businesses reason to put their money back into the economy and start hiring again. We simplify the tax code, lowering tax rates and removing special tax breaks and havens that will generate $1 trillion in new revenue. And we reform and strengthen our entitlement programs to ensure their long-term viability.

This proposal is not perfect. To make this work, we all have to make concessions we’d prefer not to make. Seriously reducing our debt and deficit requires everyone to have some skin in the game. But this common-sense, bipartisan framework provides an incredible opportunity to steer our country toward a new path to fiscal solvency – and I need your help to turn it into law.

Click here to add your name in support of our bipartisan debt reduction proposal.

Thanks so much for your help and support,

Mark Warner

To sign the petition, please visit this link:

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