Fix the Debt:" Blah, blah, blah, debt, blah blah, entitlements ...."

The following is a statement by Fix the Debt co-Chairs Gov. Ed Rendell, the former Democratic governor of Pennsylvania, and Sen. Judd Gregg, the former Republican senator from New Hampshire.

Senator Judd Gregg: “The President’s budget has too much debt and little
reform of our tax and entitlement programs. Outside of some modest Medicare
savings, the budget doesn’t do much at all to prepare for an aging population
and growing health care costs, nor to move toward a more competitive and
pro-growth tax system.”

Governor Ed Rendell: “The President’s emphasis on promoting investment and
middle-class growth is an important one, but one that will succeed if we can
bring our debt under control and make our entitlement programs solvent. The
budget takes some first steps in these areas, but President Obama needs to
reach out to Republicans on the Hill to work together and go further.”