Committee for a Responsible Federal Budget

Growing Support for Go Big

Oct 18, 2011

For the past several weeks, we have been urging the Super Committee to Go Big on deficit-reduction and exceed its savings mandate of $1.5 trillion. The support behind Go Big has continued to grow, coming from individuals, groups, and organizations from across the political spectrum.

Continuing that momentum, former Senators Byron Dorgan (D-ND) and Judd Gregg (R-NH) published an op-ed in CNN Money yesterday on the need for long-term deficit reduction through a Go Big approach, writing (emphasis added):

If the super committee only reaches the stated goal of reducing by debt by $1.2 trillion to $1.5 trillion over ten years (or if it fails to reach any agreement), it will have done a great disservice to the American people. It is far short of what is needed to address this debt crisis, and we will continue to lurch toward fiscal chaos, recession and chronic unemployment. That is a future we can avoid if we have the courage to act now.

This is a rare opportunity. We say to the super committee: This is one of those rare moments where you have the opportunity to change the course of history.

For the sake of our country's economic future, you need to think big and bold.

This theme was echoed today by Rep. Frank Wolf (R-VA), speaking on MSNBC’s Morning Joe, where he said (in reference to the Super Committee reaching its mandate): "I am hopeful. There was a group of us that signed a letter the other day asking them to "Go Big"-- to go the $4 trillion level. Some people feel that if you only do the $1.2 or $1.5 [trillion], Moody's could very well downgrade us."

With the Super Committee’s recommendations due in just over a month, it is encouraging that momentum behind the Go Big movement has continued to grow. For more information on the growing support for Go Big and what it entails, visit our Go Big resource page.