Bennet Statement on President's Deficit Reduction Package

Washington, DC – Colorado U.S. Senator Michael Bennet today released the following statement on President Barack Obama’s deficit reduction package:

 “Coloradans in my town hall meetings have expressed their frustration that Washington is not leading on jobs or deficit reduction. In fact, the solution to both is linked in a comprehensive plan that reduces our deficit and provides long-term certainty to advance innovation and promote job growth. 

“We’ll all study the details of the President’s plan, which recognizes what we already know: It’s time we get our fiscal house in order and put Americans back to work.

“We have now seen a number of bipartisan, serious plans proposed including the Fiscal Commission and the ‘gang of six,’ both of which I supported. There is not a shortage of ideas but a question of whether Washington will put ideology aside, rise above the senseless political debate, and have a serious conversation to come up with a solution that works for the American people.” 

 Bennet has advocated for a comprehensive deficit reduction plan that includes tax reform, changes to entitlements, and cuts in spending based on the foundation laid out by the President’s Bipartisan Fiscal Commission. In March, Bennet and Republican Senator Mike Johanns wrote a letter to the President that garnered the support of 64 senators, all who expressed support for a compressive solution to the deficit crisis.

 Last week, Bennet joined more than 30 Senators from both parties urging the Joint Select Committee on Deficit Reduction to seek a comprehensive debt reduction agreement of $4 trillion that includes discretionary spending cuts, entitlement changes and tax reform.