Are you talking about "The Giving Pledge"? Because these billionaires only promised to give half their fortune to charity, but not necessarily while they are still alive.
Anyway, it's not like these people are thinking: "Oh shit, I just realized I got way too much money! Just how can I get rid of it?!? I wonder if the government would be willing to take some..."
Instead, I believe these people seriously feel that the ever-growing national debt is a huge problem, and that the super-rich could easily give more money, which would reduce the problem.
But if just a handful of rich people would silently give some money, the effect would be very small though. So instead they try to spread the word and make this something bigger than just a handful of people donating some of their money.
I think it's a similar motivation when rich people double the money to charity projects - I don't know if this is something popular all over the world, but I've often read about charity projects where some anonymous rich person announces that he will double the money that all others donate. That way, the rich person encourages the others to spend more money, because it feels a bit like donating twice as much than you actually did.
So I'd say the reason is that their motivation is simply not to give away money, but a certain aim they want to achieve with the help of others.
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