Thursday, July 28, 2011

Deficit Crisis: State and Local Officials Call for a Balanced Approach

On Monday evening, President Obama delivered an address to the nation on the consequences the stalemate in Congress could have on the stability of our economy. Here is what a bipartisan sampling of Governors and Mayors from across the country are saying:

“We hope that at the end of the day, both sides come together and recognize that there does need to be a balanced approach, because a balanced approach is what solves the problem. The reality is the Republicans aren’t going to get 100 percent of what they want and the Democrats aren’t going to get 100 percent of what they want.” – Mayor Scott Smith, Mesa, AZ

“Last night, President Obama once again demonstrated that he clearly understands that the key to winning the future includes a renewed commitment to fiscal responsibility. New Orleanians and residents in cities across our country can’t afford to let the partisan politics of Washington, D.C., dictate whether or not the United States meets its financial obligations and whether we can meet the needs of the future.  We in New Orleans certainly cannot afford the consequences of a downgraded credit rating or government shutdown if the country defaults on its debt.” – Mayor Mitch Landrieu, New Orleans, LA

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Source: http://www.whitehouse.gov/blog/2011/07/26/deficit-crisis-state-and-local-officials-call-balanced-approach

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