Starbucks CEO Howard Schultz has been making political headlines recently. He’s organizing a movement to get business leaders to withhold political campaign contributions until Congress can strike a long-term deal on sensible debt reduction.
In an Aug. 15 letter to “concerned fellow Americans,” Schultz said he wants elected leaders “to face the nation’s long-term fiscal challenges with civility, honesty, and a willingness to sacrifice their own re-election. This means not kicking the can anymore. It means reaching a deal on debt, revenue and spending long before the deadline arrives this fall. It means considering all options, from entitlement programs to taxes.” Since making his plea, Schultz said, more than 100 business leaders have agreed to cut all political contributions until a solid debt reduction plan is enacted.
Now, Schultz is joining with No Labels, a group dedicated to ending the hyper-partisanship we’ve seen in Washington in recent years. No Labels is sponsoring a nationwide phone conversation with Schultz to talk about how concerned citizens can help bring some rationality back to the nation’s capital.
The call takes place this evening at 7:30 p.m. eastern time. If you want to take part, just go here to sign up. I plan on being part of the call, and I hope you’ll join me.