Ellen Tauscher: “last week more than 100 members of the Democratic Caucus signed the Tauscher-Stenholm-Minge letter that called on both…”

“last week more than 100 members of the Democratic Caucus signed the Tauscher-Stenholm-Minge letter that called on both the President and the Republican majority to present a CBO- scored balanced budget proposal. This letter was an attempt to move the stalled budget process forward in a bipartisan manner. As a former investment banker who spent 14 years on Wall Street, I find it is inconceivable that we could go yet another year without coming to a resolution on a balanced budget. Today, I am encouraged to hear Speaker Gingrich has suggested delaying tax cuts until a balanced budget is reached. If the Speaker or any of our colleagues would like a blueprint for balancing the budget without raising or cutting taxes, I ask them to take a close look at the Blue Dog Coalition budget. Our budget deals with tax cuts outside the scope of the balanced budget plan while keeping them consistent with a balanced budget. The coalition budget is a plan that can help us move forward toward achieving a truly bipartisan balanced budget. I implore my colleagues to listen to the American people who sent us here. Let us go to work on balancing the budget. We cannot wait any longer.”