This week, I laid out my plan for our fiscal future. It’s a balanced plan that reduces spending and brings down the deficit, putting America back on track toward paying down our debt.
We know why this challenge is so critical. If we don’t act, a rising tide of borrowing will damage our economy, costing us jobs and risking our future prosperity by sticking our children with the bill.
At the same time, we have to take a balanced approach to reducing our deficit ? an approach that protects the middle class, our commitments to seniors, and job-creating investments in things like education and clean energy. What’s required is an approach that draws support from both parties, and one that’s based on the values of shared responsibility and shared prosperity.