Sen. Kent Conrad, Rep. Paul Ryan and Gov. Mitch Daniels Named as the 2011 Fiscy Award Recipients

For Immediate Release

Awards Committee Comprised of the Heads of the Comeback America Initiative, the Committee for a Responsible Federal Budget and the Concord Coalition to Honor Elected Officials for their Fiscal Leadership

WASHINGTON, December 16, 2010 – Today, the non-partisan Fiscy Awards announced the 2011 Award recipients: Sen. Kent Conrad (D-ND), Rep. Paul Ryan (R-WI) and Gov. Mitch Daniels (R-IN). The recipients were selected by the Fiscy Awards Committee for their notable fiscal leadership in fiscal year 2010.

The Awards Committee comprised of the Honorable David M. Walker (Comeback America Initiative); Maya MacGuineas (Committee for a Responsible Federal Budget); and Robert Bixby (Concord Coalition) will present the Fiscy Awards to the recipients at an open-press event on Wednesday, January 5, 2011 at 6:45 p.m. EST at the Newseum in Washington, D.C.

The Award recipients were chosen for their frequent efforts to promote fiscal discipline and leadership to restore fiscal health.

The event, being organized by Passport Capital, will include remarks by each Fiscy Award recipient, followed by a panel discussion among the Awards Committee members. Ticket information is available at www.thefiscys.com

“I was pleased to be part of the Awards Selection Committee for the first Fiscy Awards along with Maya MacGuineas and Robert Bixby,” said Walker. “The three individuals selected for this year’s awards have demonstrated the courage to offer and advocate specific solutions to the major fiscal challenges within their span of control. They did so despite the fact that their proposed actions were controversial. This serves to demonstrate their commitment to lead. After all, leadership involves looking ahead and doing what is right even though it may not be popular.”

“I am honored to receive the inaugural Fiscy Award for fiscal leadership,” said Chairman Conrad.  “Other than terrorism, America’s burgeoning debt poses the greatest threat to America’s future.  We are headed for a fiscal cliff.  We can either look the other way and hope somebody else does something, or we can act.  I have every confidence that we will act, as the nation is rightly focused on our runaway deficits and debt.  It is time for the President and Congress to step up to the plate, get the job done, and secure our nation’s economic future.”

“I am humbled and honored to be recognized by this awards committee, and to share this distinction with Senator Conrad and Governor Daniels,” said Rep. Ryan. “Policymakers have an obligation not only to raise awareness of the threat our nation’s debt poses to future generations, but also to work together to advance specific solutions to meet this challenge.  To leave the next generation with a stronger, more prosperous America is our generation’s greatest responsibility.”

“The people of Indiana, by supporting and insisting on policies of prudence and economy, brought about the results which earned this recognition. It is in their name that I gratefully accept it,” said Gov. Daniels.

Who:  

Fiscy Awards Recipients

  • Sen. Kent Conrad (D-ND), Senate Budget Committee Chairman, 112th Congress
  • Rep. Paul Ryan (R-WI), House Budget Committee Chairman, 112th Congress
  • Gov. Mitch Daniels (R-IN), 49th Governor of Indiana

Fiscy Awards Committee

  • David M. Walker, Comeback America Initiative and former U.S. Comptroller General
  • Maya MacGuineas, Committee for a Responsible Federal Budget
  • Robert Bixby, Concord Coalition

 

What:             The Fiscy Awards: Awarding outstanding service for FY 2010

When:             Wednesday, January 5, 2011, 6:45 p.m. EST

Where:           Newseum

555 Pennsylvania Avenue, NW

Washington, D.C. 20001

Note:               Media interested in attending must RSVP to Jen Driscoll at Jen@thefiscys.com.

 

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About the Awards Committee:

The Comeback America Initiative (CAI) promotes fiscal responsibility and sustainability by engaging the public and assisting key policymakers on a non-partisan basis in order to achieve solutions to America’s fiscal imbalances. CAI's primary focus is federal fiscal issues; however, it also highlights the larger national fiscal challenge (i.e., federal, state and local) and engages in selected state and local reform initiatives (e.g., pension, health and tax reforms).

Committee for a Responsible Federal Budget is a bipartisan, non-profit organization committed to educating the public about issues that have significant fiscal policy impact. The Committee is made up of some of the nation's leading budget experts including many of the past Directors of the Budget Committees, the Congressional Budget Office, the Office of Management and Budget and the Federal Reserve Board. For more information, visit http://crfb.org/

The Concord Coalition is a national, grassroots organization dedicated to fiscal responsibility. Former U.S. Senators Warren B. Rudman (R-NH) and Bob Kerrey (D-NE) serve as its co-chairs and former U.S. Secretary of Commerce Peter G. Peterson serves as president. For more information, visit www.concordcoalition.org

About Passport Capital:

Passport Capital LLC is a San Francisco based, global investment firm founded by John H. Burbank III in 2000. The firm manages approximately $3.8 billion in assets. Passport's investment process uses a combination of macroeconomic analyses to develop major themes and rigorous fundamental research on individual companies to create global portfolios. For more information, visit www.passportcapital.com

Contact: Jennifer Driscoll

415-310-1455

Jen@thefiscys.com