Monday, January 21, 2013

Campaign to Fix the Debt Launches in Virginia

Virginia Business and Community Leaders Call on Federal Lawmakers to Find Practical Solutions 

money(Richmond, VA) – Today, the Campaign to Fix the Debt, a national nonpartisan coalition of more than 340,000 business leaders, elected officials, community leaders and concerned individuals, announced the launch of its newest state chapter in Virginia.  On the heels of the recent deal forged by Congress and the White House, members of Fix the Debt—Virginia are calling on federal lawmakers to work together on a comprehensive debt and deficit reduction plan.

Fix the Debt—Virginia Steering Committee Members, former Republican U.S. Senator John Warner and Virginia Delegate Ken Plum (D-36), kicked-off the campaign urging lawmakers in Washington to put aside political differences to find practical solutions to stabilize the national debt and encourage Virginians to call on their Members of Congress to take action.

“The strength of our national security, the strength of our global security, rests upon the foundation provided by our national economy,” said Warner, who served as Chairman of the Senate Arms Committee during a portion of his 30 years in the United States Senate. “We must work together to make it strong and credible.”

Though Congress and the White House narrowly avoided going over the “fiscal cliff” on January 1 by coming to an agreement on taxes and postponing sequestration, there is still work to be done to ensure the financial health of the nation.   If a deal is not reached, sequestration cuts would force 16,000 Virginians out of work and slash funding for necessary local programs like education and public housing. Furthermore, many experts believe sequestration cuts could plunge the United States back into a recession.

“I am proud to join the Campaign to Fix the Debt and lead my fellow Virginians in advocating for real, fiscal reforms—like making entitlement programs solvent, reforming the tax code and reducing the deficit—to put our nation on the path to fiscal health,” said Plum, who is serving his 34th year in the Virginia House of Delegates and who had formerly served as the State Chairman of the Democratic Party of Virginia. “From Alexandria to Abingdon, folks are calling on Congress to take decisive action now to pass a plan that tackles the long-term issues facing our mounting debt crisis.”

“We are excited with the groundswell of support in Virginia,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget and head the Campaign to Fix the Debt. “In order to put our debt on a sustainable path, elected officials are going to have to make tough choices. These choices will be made easier if they know that the people they represent do indeed value cooperation and demand a long-term, comprehensive agreement over our debt.”

Through grassroots organizing, earned media activities and high-profile outreach, the Campaign to Fix the Debt is urging lawmakers to set aside political differences to formulate practical solutions to our nation’s debt problems.

For more information, and to sign the campaign’s Citizen’s Petition, please visit

Posted By Valerie Garner

Categories: Finance, National, Politics

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