New Democrat Coalition Chairman Rep. Ron Kind Responds to Congressional Budget Office’s 2013 Long-Term Budget Outlook
New Democrat Coalition Chairman Rep. Ron Kind (WI-03) issued the following statement in response to the Congressional Budget Office (CBO)’s long-term budget outlook:
“As Chairman of the New Democrat Coalition, I am firmly committed to a budget that returns fiscal sanity to Washington while preserving the investments that help America compete and win in the global marketplace – investments that all Democrats wish to protect. Today’s CBO report makes clear that while our deficit has been reduced as a share of GDP in the short term, our debt remains at historically high levels and will begin to soar later in this decade. If we want to preserve the investments that matter, we must make tough decisions.”
“We can put America on the path to a sounder fiscal footing if we address the structural driver of increased health care costs instead of indiscriminately cutting the investments in our future that keep our country and economy growing and vibrant. The New Democrat Coalition stands ready to work with Republicans in a bipartisan fashion to address our long-term fiscal challenges.”
Mr. Kind’s statement received the support of the New Democrat Coalition’s Tax Reform and Fiscal Responsibility Task Force, headed by Rep. Jim Himes (CT-04), Rep. Jim Cooper (TN-05) and Rep. Terri Sewell (AL-07).
To read the CBO report on America’s long-term budget outlook, click here.
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