Statement from the Campaign to Fix the Debt on Fiscal Discussions

WASHINGTON, Aug. 29, 2013 /PRNewswire-USNewswire/ -- The following is a statement from Maya MacGuineas, President of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt:

"The Campaign to Fix the Debt is encouraged that the White House and a group of eight Republican Senators are continuing their fiscal discussions. Hopefully, given the narrow timeframe before some sort of agreement on fiscal policy is necessary, these talks will kick off a formal negotiating process.

"In an ideal world, these discussions will lead to a comprehensive agreement that will address the sequester, the Continuing Resolution, the debt ceiling, and put the national debt on a downward path relative to the economy. Short of that, there are smaller deals that our elected leaders could consider that would get us over the upcoming fiscal speed bumps and put in place a real process for fiscal negotiations to continue in earnest.

"While there are no guarantees that the resumed talks will lead to an agreement over such sensitive fiscal issues, the alternative of not negotiating would be an abdication of duty. We encourage the negotiators – as well as Congressional leadership from both sides of the aisle – to move to specifics and bring about the economic stability and policy certainty a comprehensive, long-term fiscal reform agreement could deliver."

For more information about the Campaign to Fix the Debt, please visit www.fixthedebt.org.

SOURCE Campaign to Fix the Debt