64 Senators Call On President Obama to Lead on Deficit and Engage in Broader Discussion
Today, a bipartisan group of 64 Senators sent a letter to President Obama urging him to show leadership on reducing the federal deficit and to take a broader approach in addressing our nation's fiscal problems.
The letter, which was organized by Senators Michael Bennet (D-CO) and Mike Johanns (R-NE), says that "comprehensive deficit reduction measures are imperative" and require looking beyond just FY2011 funding. It calls for spending cuts, entitlement reform, and tax reform to be part of the discussion and cites the work of the President's Fiscal Commission as a framework for making important progress on these fiscal issues.
We at CRFB are thrilled with the progress that this letter represents on addressing our fiscal imbalances and commend the leadership shown by all senators who signed it. We join them in calling for a comprehensive appoach to reducing our budget deficit and hope that the President will take the opportunity to lead on this issue and make important progress on improving our fiscal outlook.