Statement from the Campaign to Fix the Debt

Jan 23, 2013, 13:54 ET from Campaign to Fix the Debt

WASHINGTON, Jan. 23, 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 debt ceiling needed to be raised, but the debt still needs to be addressed. Today's action by the House of Representatives shines a light for a productive path forward towards action to address the country's long-term fiscal health.

"We need our elected leaders to come together and forge an agreement on a bipartisan budget resolution to stabilize and begin bringing down our national debt as a share of the economy. Such an agreement must advance comprehensive pro-growth tax reform and address structural changes to strengthen entitlement programs for future generations. In the short-term, we are still mired in a thicket of fiscal issues such as the 'sequestration' spending cuts, the expiration of the Continuing Resolution that funds our government's day-to-day activities, and the deadlines set out in the House's measure. Each of these moments will give our leaders the opportunities to advance a long-term, comprehensive, and bipartisan agreement to put our fiscal future on firmer footing.

"The Campaign to Fix the Debt looks forward to continuing its work with Congressional leaders and the Administration as conversations over our long-term fiscal policies progress."

For more information on the Campaign to Fix the Debt, please visit

SOURCE Campaign to Fix the Debt