Mr. President, too many Ohioans are struggling--as are people all over the Nation--in this economy. They are watching Washington with disgust as some politicians are risking economic catastrophe. The House of Representatives continues to waste time as our Nation stands just 4 days away from a catastrophic default. Instead of working with us on a bipartisan basis in the Senate on a compromise measure to prevent a crisis, House Republicans are cutting closed-door deals to find votes on a bill that has no chance of becoming law. We are simply running out of time for these kinds of games. Only a bipartisan bill coming out of the Senate, negotiated with Republican Leader McConnell and Democratic Leader Reid, provides hope for a way out of this impasse. As the majority leader moves forward, I ask my Republican colleagues across the aisle to proceed with its work and not delay the resolution with filibusters and procedural tricks. In the spirit of compromise, Majority Leader Reid has come forth with a plan to reduce the deficit by $2.2 trillion. It is truly a compromise because it meets the Republicans' main criteria. It incorporates some of Senator McConnell's language. It contains spending cuts to roughly match the debt ceiling increase through 2012--the spending cuts in the Reid plan are ones Republicans had previously agreed to and, in many cases, advanced--and it contains no revenue increases, all criteria and demands from overwhelming numbers of Senate Republicans.…
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