President Obama’s Fiscal Plan Receives Broad Editorial Support

By DNC Press

Yesterday, President Obama laid out his approach to long-term deficit reduction to put our nation on a more sustainable fiscal course—one that will responsibly grow the economy and create jobs. The plan President Obama proposed is a balanced approach to secure $4 trillion in deficit reduction, incorporating the values of shared responsibility and shared prosperity. President Obama’s vision stands in sharp contrast to the House Republican plan, which lays the burden of debt reduction on those who can least afford it. Leaders from across America—Senators, Representatives, Governors, and non-partisan organizations including the Fiscal Commission’s co-chairs Alan Simpson and Erskine Bowles—applauded President Obama’s balanced approach to cutting the deficit and putting America back on its way to paying down our nation’s debt. In addition, editorial boards coast-to-coast praised the President’s leadership in addressing a responsible approach to achieving a more secure economic future.