Pelosi Statement Following President Obama's Speech on Long-Term Deficit Reduction

Contact: Nadeam Elshami/Drew Hammill, 202-226-7616

Washington, D.C. – Democratic Leader Nancy Pelosi issued the following statement today following President Obama's speech on long-term deficit reduction:

“Today President Obama outlined a bold and balanced plan that will reduce our nation’s deficit while promoting jobs and economic growth. By calling for reforms that will ensure that all Americans contribute their fair share, and by strengthening Medicare, the President is ensuring that we aren’t balancing our budget on the backs of the middle class and seniors.

“Our number one priority, for the Joint Select Committee on Deficit Reduction and indeed the entire Congress, must be job creation. The President has put forward proposals that would create jobs and do so in a fiscally responsible way, while we address our long-term deficit; we must get to work putting the American people back to work.”

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