With both parties heavily debating deficit reduction, what do you think is the best way to get the debt ceiling passed?
We all agree that getting our country’s fiscal house in order is not a question of if we do it, but how we do it. Deficit reduction is not an issue exclusive to Republicans or Democrats, conservatives or liberals, but rather is an issue that affects us all—and one we need to face together as a nation.
But as families continue to suffer from the lingering effects of the worst economic downturn since the Great Depression, we also have a responsibility to address our deficit through a balanced approach that does not place the sole burden on the backs of seniors and the middle class, or hinder economic growth and job creation.
Secondly, and separately, we have an obligation to pay our bills, and to adequately adjust the federal debt ceiling to avoid default—the same way it has been done on over 70 occasions by presidents of both parties.