This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Diverse Voices Find Common Ground To Fix The Debt

100 Leaders from Across Political Spectrum Hold Summit on the National Debt,  Find Unexpected Level of Agreement

WASHINGTON, Feb. 26, 2013 /PRNewswire-USNewswire/ -- Earlier this month a group of nearly 100 leaders representing 72 organizations from a broad cross section of interests and political affiliations met in Washington, D.C. to discuss their shared interest in seeing the U.S. debt addressed.

Dubbed the "Common Ground Summit," and organized by the Campaign to Fix the Debt, the unprecedented meeting of such a wide range of interests found a surprising level of agreement on the issue of debt and deficits.

"Whenever groups who normally sit on opposite sides of issues gather in one place and find consensus, we all ought to stand up and take notice," said Maya MacGuineas, president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt.

Groups such as American Enterprise Institute, American Values Network, Catholic Charities, Center on Budget and Policy Priorities, and the U.S. Hispanic Chamber of Commerce gathered at the February 6th meeting held on Capitol Hill.

Through a moderated discussion and real-time polling of the themes that emerged, the group identified several statements with high levels of support among summit participants.

 Some of the statements that received "Super-Majority" (74%+) support from Common Ground attendees included the following:

  • We cannot cut spending in a way that undermines the economy and the recovery. (100% support)
  • The longer we delay addressing the debt, the bigger the problem becomes. (95%)
  • We must protect long term investments that promote economic growth (jobs, human capital, infrastructure), even as we tackle the debt. (94%)
  • A debt deal should ensure that everything is on the table—balancing solutions between revenues and spending. (84%)

The Campaign to Fix the Debt believes that a viable deal should be based off a framework that leaves all debt-reduction options on the table and raises revenues, cuts wasteful spending, and ensures the long-term sustainability of important social programs.

For more information on the Campaign to Fix the Debt please visit www.fixthedebt.org.

SOURCE Campaign to Fix the Debt

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs