This week Washington quickly transitioned from the end of a campaign to the epicenter of a critical debate over the direction of the country.
Compromise was the watch word this week in the aftermath of a divisive election. Leaders in Washington such as President Obama, Speaker John Boehner (R-OH), Senate Majority Leader Harry Reid (D-NV) and Minority Leader Mitch McConnell (R-KY) all talked about the need to work together and get things done.
Specifically, policymakers have called for compromise on the fiscal cliff, which is the most pressing issue facing the country. President Obama in remarks today said he will bring together lawmakers from both parties as well as business, labor and civic leaders to discuss the matter next week. In a statement, we said we were encouraged by the President’s call for bipartisanship.
The fiscal cliff has found itself firmly in the center of attention in Washington. Policymakers must meet in the middle to find a solution to the fiscal cliff or the middle class will get squeezed. A report from the Congressional Budget Office (CBO) yesterday says that going over the cliff would sink the economy back into recession.
A growing number of Americans understand the need for policymakers to work together and find solutions, which is why our Citizen's Petition to Fix the Debt went beyond the 300,000 signature mark today.
Policymakers cannot afford to be half-hearted in their efforts. Our ad campaign, which is getting lots of attention, makes the point that if we don’t find middle ground and address the debt it will get in between us and all our other priorities.
National Debt and You