PRESS CONTACT: Steven Chlapecka – schlapecka@ppionline.org, T: 202.525.3931
WASHINGTON D.C. –PPI issued the following statement on the new congressional “supercommittee”:
“The composition of the congressional supercommittee gives leaders of the Senate and House of Representatives a unique opportunity to forge a bipartisan plan for deficit reduction. PPI encourages both Democratic and Republican congressional leadership to appoint pragmatic members and give them the political flexibility needed to make difficult sacrifices that put our country’s future before partisan interest.
“If the supercommittee is composed of rigid ideologues who staunchly refuse to compromise on increased tax revenues or reformed entitlement programs, this week’s legislation will trigger unnecessary cuts to discretionary and defense spending. PPI fears these draconian cuts would further weaken our economy, sacrifice overdue investments in infrastructure and education, and cripple our military. Failure to compromise on the deficit’s biggest drivers–entitlements and taxes–should not jeopardize these national priorities.”