Urgency: Every day that we wait to craft a 10-year deficit reduction plan costs America an additional $11 billion. Thatís right, every week of delay results in a fiscal gap that is $77 billion larger. Waiting until January makes our problems $660 billion worse. Our annual deficits donít tell the whole story; the fiscal gap is much larger.
Lame Duck Must Fly: The faster we act, the easier our fiscal problems are to solve. Waiting until January ó the next session of Congress ó will only make our jobs more difficult and our chance of success lower.
Think Big: Our entitlement programs need reform, just like our tax code. These are huge issues that Congress is not used to dealing with. As a great architect once wrote: ďMake no little plans. They have no magic to stir menís blood and probably themselves will not be realized. Make big plans, aim high in hope and work, remembering that a noble, logical [plan] will never die.Ē
Put America First: Donít make any pledges other than the oath of office. If you have already pledged, realize that America is facing an economic emergency that voids other pledges. The Congressional Budget Office has already said that gridlock means another recession. We donít need higher unemployment or another downgrade of our Treasury bonds. Voters will never forgive us if we keep bickering. Our retiring and defeated colleagues are obviously free to put their country first. But all of us should know that the best way to help our voters back home is to strengthen America. We must all show courage.
We Are the Leaders: Understand your power as a backbencher. You elect your party leaders in Congress, and they are afraid of you. When you duck, they duck. Cut them some slack. Give them a chance to negotiate. Give them the leeway to cut deals that we, individually, might not like. If your leaders are not willing to lead, get new leaders. The time for small-ball, tactical politics is finished.
Campaigns Are Over: Delete your talking points. Stop thinking in sound bites. Putting America back on track will be much more popular with voters two years from now than any grandstanding is today. It is hard to get out of the campaign mindset, especially when we House members run permanent campaigns. But you will never be further from the next election than you are today, and voters want results.
Time to Govern: How do you start cooperating? It is hard to respect colleagues in the other party whom we have spent so much time and money bashing, but now we must. Voters are demanding that we work together. You donít have to like your colleagues to negotiate with them. You do have to realize that we are all in the same boat, and that our boat is taking on water ó and that millions of Americans think that Congress is the problem.
Compromise Is Not a Dirty Word: Compromise is not surrender. Finding an acceptable, principled answer to our national problems is our job description. Playing the blame game is not.
Leaders from military and veterans service organizations joined Sens. Roger Wicker, R-Miss., Kelly Ayotte , R-N.H., and Lindsey Graham, R-S.C., at a press conference to urge the Senate to replace a provision in the budget proposal that cuts retirement benefits for veterans. Wicker, Ayotee, and Graham earlier called for a bipartisan solution to replace the $6.3 billion in cuts to military retiree benefits.
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.