Heritage Action on McConnell Contingency Plan
Washington – Heritage Action for America’s CEO Michael A. Needham released the following statement in response to reports detailing Senate Republican Leader Mitch McConnell’s debt ceiling contingency plan.
There is no question that the Obama administration is fundamentally unserious about the types of reforms our country needs, but to date Republicans in Congress have been expressing their intent to use the debt ceiling as a means to secure systemic reforms that could save our country from fiscal collapse. The plan that we are reading reports about today is a serious walk back from that position and would seemingly trade the leverage needed to achieve reforms in return for political gains.
If Republicans in Congress believe they cannot strike a real deal with President Obama, they should begin making serious plans to live under the confines of a de facto balanced budget come August 2.