Compromise cuts $30 to $40 billion in spending
Kathy Hochul, candidate for New York's 26th Congressional District, today declared her support for a budget compromise in Congress that would cut $30 to $40 billion in spending and called on her opponents Republican, Jane Corwin, and Tea Party Line candidate, Jack Davis, to join her in supporting the compromise.
"There is no question that major budgetary cuts need to be made in Washington, and that is why I support a compromise that reduces spending by $30 to $40 billion. The House and Senate are in the middle of a dangerous standoff, and the only way to avoid a massive government shutdown that could disrupt essential services, like veterans' benefits, new social security claims, student loans, and critical job training services is by coming to a compromise on the budget," said Hochul.
"If Washington politicians continue to engage in this brinkmanship, it will be the promises to our veterans, our seniors, our students, and our hard working families that are broken. Therefore it is time for the House and Senate to make the necessary cuts, without butchering vital programs, and agree to a $30 to $40 billion cut in the budget. I urge my opponents -- Jane Corwin, the Republican nominee, and Jack Davis, the Tea Party Line candidate -- to follow my lead and support this necessary compromise.
"The long-term financial health of our country depends upon getting our fiscal house in order, but some of the $61 billion in cuts approved by the House erode our ability to create jobs and compete in the global economy. Across the board cuts in job re-training, high-tech research, medical research and education will make it more difficult for American families to hold onto their jobs and keep our economy moving forward," Hochul concluded.