"This $3.7 trillion [Gang of Six plan] is well over 40 percent of the way you have to get there to solve our problems," he told Fox News. "And the fact that you can do that in a bipartisan way shows the American people there is some common sense up here."
"The president has said now for once he wants a balanced approach," he said in a statement in defense of the House-passed cut, cap and balance plan. "Well, guess what? In cut, cap and balance he does get a balanced approach. He gets his increase in the debt limit of $2.4 trillion. What we get are real cuts in spending and real reforms in place that'll make sure that this problem never, ever happens again."
"I am concerned with the Gang of Six's revenue target; the plan fails to significantly address the largest drivers of America's debt, and it is unclear how the goals of tax and entitlement reforms would be enforced," he said in a statement. "I continue to caution that a tax increase is the wrong policy to pursue with so many Americans out of work."
"Right now I am at the point where I am saying, we need to hear from the House of Representatives," he said on the Senate floor. "We have a plan to go forward over here. I await the word from the speaker."
"I don't have an opinion yet," he told reporters of the Gang's plan.
"I think [the Gang of Six plan] is a very significant step," he told reporters. "The framework they put forward is broadly consistent with what we've been working on at the White House."
Image credits: Coburn: Getty/Chip Somodevilla, Boehner: Getty/Chip Somodevilla, Cantor: Getty/Win McNamee, Reid: Getty/Chip Somodevilla, McConnell: Getty/Win McNamee, Obama: Getty/Alex Wong
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