Klobuchar Statement on Creation of Presidential Deficit Reduction Commission

Statement

Klobuchar Statement on Creation of Presidential Deficit Reduction Commission

Today U.S. Senator Amy Klobuchar released the following statement on President Obama's executive order to establish the National Commission on Fiscal Responsibility and Reform, which would bring both private sector and Congressional officials together to evaluate spending and make reductions to the national debt.

"This Commission is a solid first step in our path to long-term deficit reduction," said Klobuchar. "Reining in spending will help get our fiscal house back in order and restore economic stability."

Klobuchar has long been an advocate of bipartisan solutions to the problem of out-of-control spending. Klobuchar was an original cosponsor of The Bipartisan Task Force for Responsible Fiscal Action Act (S. 2853), which sought to establish a bipartisan commission of members of Congress and Administration officials who would make recommendations for substantial improvements to the government's long-term fiscal imbalances.

Klobuchar and 13 other senators stated they would not vote to raise the national debt limit, enabling funding of federal government programs, until the Senate voted on the bill (S. 2853) to create the fiscal task force as a mechanism to reduce long-term spending patterns. The legislation failed to achieve the needed 60-vote threshold, with a final vote of 53-46.

Klobuchar is a member of the Joint Economic Committee.

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