Jeanne Shaheen actually said...

"Austerity alone can't solve the complex series of problems. Long-term growth, competitiveness, and structural reform all need to play a role in the solution."

"If you ask the ECB to do more, you're asking it to provide more credit to the system, which will weaken the euro."

"Austerity-only will not work and can lead to steeper borrowing rates and lower revenues, making the longer term challenges even more difficult."

"How Europe responds to this crisis and the lessons we draw from these events will have dramatic implications."