John, While there is nothing transformational in the debt ceiling agreement announced between President Biden and Speaker McCarthy, it's a positive development that both sides have found common ground to help protect America's economy.
As I posted on social media last week, a compromise that doesn't make anybody happy is usually the solution. The question now is if both sides can continue to work together to get enough members of Congress to support the deal. I am optimistic that they will be able to do so
Those of you who remember the Reagan presidency may know that Democrat Speaker Tip O'Neil and Reagan were able to find common ground on many major issues. This is how Washington is supposed to work, everyone giving a little to achieve a solution, and I'm glad to see this latest hopeful development.
I wish though that the agreement would have included a mechanism, such as a bipartisan panel or Presidential Commission, to help Americans understand the looming crisis of the long-term debt and entitlement issues. The more debt we have, the higher the interest payments will be on that debt, and the more strain that puts on America's spending priorities. It's not sustainable.
Compromise isn't easy, but as I've tried to demonstrate in my time in elected office, you can compromise on policy goals without compromising your values. That's what democracy is all about, and it's our only hope for ensuring that the America we've seen in our lifetimes will continue for future generations. I discussed this on MSNBC on Sunday morning: |
Together, we can bring about positive change and fight for America. I'm so appreciative for your ongoing support. Thank you! -John |
