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CFLC Letter 12 03 12 (2)

CFLC Letter 12 03 12 (2)

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Published by Mark Udall

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Published by: Mark Udall on Dec 03, 2012
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12/04/2012

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TheHonorableMarkUdallUnitedStatesSenateHartOfficeBuildingSuiteSH-328Washington,D.C.20510TheHonorableMichaelBennetUnitedStatesSenate458RussellSenateOfficeBuildingWashington,DC20515TheHonorableMikeCoffmanU.S.HouseofRepresentatives1222LongworthHouseOfficeBuildingWashington,D.C.20515TheHonorableDianaDeGetteChiefDeputyWhipU.S.HouseofRepresentatives2335RayburnHouseOfficeBuildingWashingtonD.C.20515TheHonorableCoryGardnerU.S.HouseofRepresentatives213CannonHouseOfficeBuildingWashington,DC20515TheHonorableDougLambornU.S.HouseofRepresentatives437CannonHouseOfficeBuildingWashingtonD.C.20515TheHonorableEdPerlmutterU.S.HouseofRepresentatives1221LongworthHouseOfficeBuildingWashingtonD.C.20515TheHonorableJaredPolisU.S.HouseofRepresentatives501CannonHOBWashingtonD.C.20515TheHonorableScottTiptonU.S.HouseofRepresentatives218CannonHouseOfficeBuildingWashingtonDC20515December3,2012DearSenatorBennet,SenatorUdall,CongressmanCoffman,CongresswomanDeGette,CongressmanGardner,CongressmanLamborn,CongressmanPerlmutter,CongressmanPolis,andCongressmanTipton,WearewritingonbehalfoftheFixtheDebt'sColoradoFiscalLeadershipCouncil,abipartisangroupofColoradobusinessleaders.WebelievethetimehascomeforCongress-inconjunctionwithPresidentObama-totakethestepsnecessaryduringthelameduck
 
sessionthatwillleadtoacomprehensiveagreementformedium-andlong-termdeficitanddebtreductionfortheUnitedStates.TheColoradoFiscalLeadershipCounciliscomprisedofindividualsfromavarietyofsocial,economic,andpoliticalperspectives,unitedinacommonbeliefthatAmerica'sever-increasingfederaldebtisthemostseriouseconomicandnationalsecuritythreatfacingtheUnitedStatestoday.Wemustcometogetherasanationtofixitimmediately.TheColoradoFiscalLeadershipCouncildoesnotrepresentoneideologicalperspectiveorpoliticalparty;wehavecoalescedaroundthefollowingcoreprinciplesandrespectfullyaskthatyoudothesame:
ü
 
Policymakersshouldacknowledgethatourgrowingdebtisaseriousthreattotheeconomicwell-beingandsecurityoftheUnitedStates.
ü
 
ItisurgentandessentialthatweputinplaceaplantofixAmerica’sdebt.Aneffectplanmuststabilizethedebtasashareoftheeconomyandputitonadownwardpath.
ü
 
ThisplanshouldbeenactednowbutimplementedgraduallytoprotectthefragileeconomicrecoveryandtogiveAmericanstimetoprepareforthechangesinthefederalbudget.
ü
 
Inordertodevelopafiscalplanthatcansucceedbothfinanciallyandpolitically,itmustbebipartisanandreformstoallareasofthebudgetshouldbeincluded.Theplanshould:
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ReformMedicareandMedicaid,improveefficiencyintheoverallhealthcaresystem,andlimitfuturecostgrowth;
o
 
StrengthenSocialSecurity,sothatitissolventandwillbethereforfuturebeneficiaries;and
o
 
Includecomprehensiveandpro-growthtaxreformthatlowersrates,raisesrevenuesandreducesthedeficit.
ü
 
TherecommendationsofthebipartisanSimpson-BowlesCommissionandotherrecentbipartisanefforts,whichsaved$4trillionandaddressallpartsofthebudget,provideaneffectiveframeworkforsuchaplan.
ü
 
Theplanshouldbeconducivetolong-termeconomicgrowth,protectthevulnerable,includecredibleenforcementmechanismstoensurethatdebtreductionisachieved,andleavefuturegenerationsbetteroff.Werecognizethatachievingacomprehensiveagreementbeforetheendoftheyearmaybeunrealistic;wealsobelievethatgoingoverthe"fiscalcliff"isnotanoptionandthatsolutionsthatonlyserveto"kickthecandowntheroad"areunacceptable.Debtanddeficitnegotiationsmustoccuringoodfaithandnotwitheyescasttowardthenextelectioncycle.Wearenotinterestedinfixingblameforthecurrentdebt/deficitenvironment;weareinterestedinfindingsolutionstoit.Thismustbeaboutcompromiseinthenameofthegreatergood.
 
Weurgeyouatthisdiretimetodemonstrateleadershipandcourage;sendamessagetoallAmericans-andtodemocraciesaroundtheglobe-thatwecancontrolourdebt,meetourfinancialobligations,andcareforourmostvulnerablecitizens.Oursisanimpressively-cohesivedelegationandwecommendeachofyouforyourdevotionandpublicservicetoyourcommunities,ColoradoandtheUnitedStates.Weknowyou,asagroup,areinapositiontodemonstrateleadership-notonlytoyourrespectivepartiesbuttootherdelegationsaswell.Weareconfidentyouwillmeetthischallenge.Respectfullysubmitted,TheColoradoFiscalLeadershipCouncilBruceAlexander-VectraBankPhilAnschutz-TheAnschutzCorporationFredBarrett–BillBarrettCorporationBarbaraBaumann-CrossCreekEnergyCorporationTonyBest-SMEnergyBuckBlessing-Griffis/BlessingBobCoombe–UniversityofDenverRobertBoswell-LaramieEnergyKatieCattanach-INVESCOPrivateCapital(Ret.)RobCohen-IMAFinancialGroup,Inc.PeterDea-CirqueResourcesLPTamiDoor-DowntownDenverPartnershipColeFinegan-HoganLovellsJohnFreyer-LandTitleCompanyMichaelFordyce-CraigHospitalCharlieGallagher-GallagherEnterprisesKenGart-GartCompaniesSteveHalstedt-CentennialVenturesPatHamill-OakwoodHomesFredHamilton-TheHamiltonCompaniesDaleHarris-Davis,Graham&StubbsLarissaHerda–TWTelecomDaveHoover–BallCorporation(Ret.)JohnIkard-1stBankDougJones–TheJonesRealtyGroupTomJorden–CimarexEnergyRobKatz-VailResortsGailKlapper-TheKlapperFirmBuzKoelbel-Koelbel,Inc.DonnaLynne–KaiserPermanenteSteveMeyer–ShawConstructionLarryMizel-MDCHoldings,Inc.

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