On the recordJuly 30, 2011
if there is one thing in this long, difficult debate there is no question about, one thing all of us have long known, one simple truth we must get past if we are going to avoid default, it is that any bill to get us out of this crisis will need Democratic and Republican votes. There is no partisan solution--no other path, no magic trick at the eleventh hour. There is just compromise. After all the bluster, all the back and forth, and all the posturing, there is just the bill we have before us today. It is a bill that doesn't have everything that all of us want. It is not the bill that any one of us would have crafted, if we had our way. But it is a bill that can and should be passed to avoid an economic catastrophe that would leave families in every single one of our States reeling. I understand that compromise has been hard to come by in these negotiations, no matter how hard we try. But with Senator Reid's bill, we have taken the Republicans at their word. We have come to the negotiating table and have put forward a plan that goes to great pains to meet every one of the criteria they have called for. They said they wanted cuts that exceed the debt limit raise. This bill delivers that. They said they wanted no new tax revenues. This bill delivers that. They said they wanted to put in place a process to make even more cuts later. This bill delivers that. They have said they too want to avoid default. This bill is our way out.…





