Rep. Rahall's Statement on Debt Compromise

From a Rep. Nick Rahall Release

WASHINGTON, D.C. – U.S. Rep. Nick Rahall (D-W.Va.) issued the following statement on the debt limit compromise bill the House approved late Monday afternoon:

“The Congress today has no realistic and responsible alternative other than to increase the debt limit.  Damage has already been inflicted on our nation by those shamefully bent on using the debt ceiling increase for political purposes, dangling a calamitous fiscal default over the heads of all Americans.

“From this point forward, we must recognize that the deficit problem cannot be resolved in one fell swoop.  It will take long-term dedication, cool heads, and a thoughtful, respectful, well-reasoned, and, above all, balanced approach.  Otherwise, we risk more of what we have just witnessed – brinksmanship on the edge of fiscal crisis.”

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