A national coalition that’s pressuring Congress to address the country’s ballooning debt has opened a state chapter in Washington.
The Campaign to Fix the Debt was founded by former GOP Sen. Alan Simpson, of Wyoming, and Erskine Bowles, the former director of the Small Business Administration under President Clinton.
The two men co-chaired President Obama’s National Commission on Fiscal Responsibility and Reform.
Democratic state Sen. Steve Hobbs, of Lake Stevens, and Vancouver Mayor Tim Leavitt are co-chairs of the state chapter.
“If we are going to reduce the national debt, we have got to decide to do this before anything else. Our leaders in Washington need to make debt reduction their highest priority,” Hobbs said in a statement. “We need bipartisan solutions that put every option on the table to stem the debt tide.”
CEOs from more than 80 major U.S. companies, as part of the campaign, are lobbying Congress to reduce the federal deficit by raising taxes and cutting spending.