Chairman Emanuel Cleaver’s Statement On President Obama’s Deficit Reduction Package

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Chairman Emanuel Cleaver’s Statement On President Obama’s Deficit Reduction Package

Washington, DC – Today, Chairman Emanuel Cleaver, II released the following statement on President Obama’s Deficit Reduction Package:

“The Deficit Reduction plan put forth by President Obama provides a balanced approach to creating jobs and reducing our nation’s deficit while investing in our communities. This Congress, the Majority’s deficit reduction plans and budgets have lacked a balanced approach by continually placing the burden on our most vulnerable communities, and those Americans who have been hit hardest by the recession. I am pleased that through the President’s Plan for Economic Growth and Deficit Reduction everyone is finally required to pay their fair share.

“The President’s plan will save more than $3 trillion over the next decade, which will restore our nation’s financial security by 2017–where current spending is no longer adding to our debt. The plan provides solutions for tax fairness and collective sacrifice, puts Americans back to work, and provides pathways to full time work while extending insurance to those who have been pushed to long term unemployment by the recession. It also strengthens Medicare and Medicaid for future generations while protecting current beneficiaries.

“This plan provides us with an great opportunity to responsibly reduce our deficit while investing in our communities and our future.”