Issue Position: Reining in Our Debt

Issue Position

"Washington needs to have a broad and serious conversation about our nation's deficits and debt. We need a bipartisan and comprehensive deficit solution that builds on the work done by the President's Fiscal Commission that materially addresses the problem, ensures we're all in it together and is bipartisan."

--Michael F. Bennet

It's time to change the way Washington does business. We need a comprehensive and bipartisan plan to get our country's fiscal house in order. It won't happen overnight, but our long-term economic prosperity depends on attacking the huge debt and deficits that threaten our kids' future. And while we tackle our deficits, we must extend the debt ceiling to ensure we don't default, which would cause our deficits to increase even more.

As our economy recovers, we must enact a credible, long-term plan that strengthens our nation's fiscal condition. That's why Michael, along with Sen. Mike Johanns (R-NE), led a bipartisan group of 64 Senators urging the President to include deficit reduction negotiations in budget discussions, specifically including discretionary spending cuts, entitlement changes and tax reform.

These problems won't be fixed quickly or easily. But for the sake of future generations, we must set the course now toward fiscal responsibility. And Washington must rise to the moment.

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