After two years and two failed attempts to gin up public support for their horrific austerity agenda known as the Simpson-Bowles plan (aka the Catfood Commission plan here and elsewhere), the deficit scolds are coming out of the woodwork to form an astroturf supergroup called Fix the Debt.
Their goal? Fix the Debt aims to raise around $100 million in the next few months (with the help of their 1% sugardaddies like Honeywell CEO David Cote and wealthy benefit cut crusader Pete Peterson) to collect 10 million petition signatures in support of pushing a legislative version of the Catfood Commission plan through Congress.
With the so-called “fiscal cliff” looming in the not-so-distant future, the announcement of Fix the Debt’s formation signals the beginning of a campaign to provide whatever political cover necessary to shove unpopular policies down the throats of the American public.
FDL has been fighting Simpson-Bowles for over 2 years now and we have no intention of stopping now. We will be following Fix the Debt closely and keep our activists at the ready to push back on any attempt to force an austerity agenda through Congress.