McConnell: Monday Meeting an Opportunity to Hear what the President is Prepared to Do on Fiscal Crisis

Statement

U.S. Senate Republican Leader Mitch McConnell made the following statement Friday following the President's invitation for a meeting to discuss his requested debt ceiling increase :

"It is my hope that the President requested this meeting in order to finally explain what it is that he's prepared to do to solve our nation's fiscal crisis. He's requested an increase in the debt ceiling, but hasn't yet explained to the American people what, other than tax hikes, he's prepared to do about the massive deficits we've seen during his administration. The President needs to decide between his goal of massive tax hikes, and a bipartisan plan to address our deficit. But he can't have both.

"What Republicans want is simple: We want to cut spending now, we want to cap runaway spending in the future and we want to save our entitlements and our country from bankruptcy. We want to finally get our economy growing again. Sadly, the Democrats' response has been a mystifying call for more stimulus spending and huge tax hikes on American job creators. That's not serious, and it is my hope that the President will take those off the table on Monday so that we can have a serious discussion about our country's economic future."

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