On the recordOctober 4, 2011
The longer that we kick the can down the road, the worse the situation is going to get.
Source
congress.govThe longer that we kick the can down the road, the worse the situation is going to get.
Caution against delaying action on debt reduction.
Share
More from Erskine Bowles
What most folks saw was Washington at its worst: too much politics and very little in the way of responsible decision making.
They know that if you spend more than you earn, you lose your butt, and they know that if you spend a buck and borrow 40 cents of it, you must be stupid.
A balanced, long-term approach to deficit reduction that keeps everything on the table is the only way that we are going to be able to address the deficit.