If you don't configure the ip rsvp bandwidth command, the default reservable bandwidth advertised for that interface is 0. A common cause of tunnels not coming up during testing or initial deployment of MPLS Traffic Engineering is configuring a TE tunnel to require a certain amount of bandwidth but forgetting to configure available bandwidth on any link. See Chapter 11 for more details on how to detect this.
You don't have to specify a value for the total-reservable-bandwidth value in the ip rsvp bandwidth command. If you don't specify a value, the default is 75 percent of the link bandwidth. The link bandwidth is determined by the interface type or the per-interface bandwidth command.
The above section is a copy and paste from a cisco press te book, i'm not sure what is meant regarding the default being 75%. As per below i can configure the rsvp reserved bandwidth to be 100% of the link bandwidth. The tunnel can be configured to use all the allocated bandwidth. By default the bandwidth on a link is 0, where is the 75% coming into the equation?
R1#sh ip rsvp int
interface    allocated  i/f max  flow max sub max 
Fa0/0        0          0        0        0   
Fa0/1        0          0        0        0   
R1#
R1#sh int fa0/0 | i BW
  MTU 1500 bytes, BW 10000 Kbit/sec, DLY 1000 usec, 
R1#
R1#conf t
Enter configuration commands, one per line.  End with CNTL/Z.
R1(config)#int fa0/0
R1(config-if)#ip rsvp band
R1(config-if)#ip rsvp bandwidth 10000
R1(config-if)#do sh ip rsvp int
interface    allocated  i/f max  flow max sub max 
Fa0/0        0          10M      10M      0   
Fa0/1        0          0        0        0   
R1(config-if)#int tun 1
R1(config-if)#tunn mod
*Mar  6 11:32:28.651: %LINEPROTO-5-UPDOWN: Line protocol on Interface Tunnel1, changed state to down
R1(config-if)#tunn mode mpls traffic-eng 
R1(config-if)#ip unn
R1(config-if)#ip unnumbered lo0
R1(config-if)#tunn dest 2.2.2.2
R1(config-if)#tunn mpls traffic-eng bandwidth 10000
R1(config-if)#tunn mpls traffic-eng aff            
R1(config-if)#tunn mpls traffic-eng affinity 0x0 mask 0x0
R1(config-if)#tunn mpls traffic-eng path-option 1 dynamic 
R1(config-if)#
*Mar  6 11:33:51.907: %LINEPROTO-5-UPDOWN: Line protocol on Interface Tunnel1, changed state to up
R1(config-if)#do sh mpls traf tunn tunn 1
Name: R1_t1                               (Tunnel1) Destination: 2.2.2.2
  Status:
    Admin: up         Oper: up     Path: valid       Signalling: connected
    path option 1, type dynamic (Basis for Setup, path weight 10)
  Config Parameters:
    Bandwidth: 10000    kbps (Global)  Priority: 7  7   Affinity: 0x0/0x0
    Metric Type: TE (default)
    AutoRoute:  disabled  LockDown: disabled  Loadshare: 10000    bw-based
    auto-bw: disabled
  InLabel  :  - 
  OutLabel : FastEthernet0/0, implicit-null
  RSVP Signalling Info:
       Src 1.1.1.1, Dst 2.2.2.2, Tun_Id 1, Tun_Instance 1
    RSVP Path Info:
      My Address: 1.1.1.1   
      Explicit Route: 10.0.12.2 2.2.2.2 
      Record Route:  NONE
      Tspec: ave rate=10000 kbits, burst=1000 bytes, peak rate=10000 kbits
    RSVP Resv Info:
      Record Route:  NONE
      Fspec: ave rate=10000 kbits, burst=1000 bytes, peak rate=10000 kbits
  Shortest Unconstrained Path Info:
    Path Weight: 10 (TE)
    Explicit Route: 10.0.12.2 2.2.2.2 
  History:
    Tunnel:
      Time since created: 1 minutes, 42 seconds
      Time since path change: 27 seconds
    Current LSP:
      Uptime: 27 seconds
R1(config-if)#do sh ip rsvp int
interface    allocated  i/f max  flow max sub max 
Fa0/0        10M        10M      10M      0   
Fa0/1        0          0        0        0   
R1(config-if)#