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Simpson-Bowles launch new effort

Posted By -NO AUTHOR- On 11/09/2012 @ 1:10 am In Money,Politics | No Comments

(Politico) The Campaign to Fix the Debt, founded by Erskine Bowles and former Sen. Alan Simpson, on Thursday will announce a dramatic increase in its drive to mobilize corporate and grass-roots support for Congress to make tough choices on the rising federal debt, including paid advertising and a growing movement in the states.

The group has raised more than $35 million since July, from corporations, CEOs, foundations and individuals.

Maya MacGuineas, president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt, said: “It’s clearly going to be difficult — and so many special interests are going to line up against any of the hard choices that are in the deal — that there needs to be broad-based support built in favor of putting in place this kind of a fix.”

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