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Reid: Republicans Must Work With Democrats On The Only Option Left To Avert Default,Save Our Economy

07/30/2011 2:23:05 PM PDT · by mdittmar · 66 replies
United States Senate Democrats ^ | July 30,2011 | U.S. Senate Majority Leader Harry Reid.

Washington, D.C. – Nevada Senator Harry Reid made the following remarks today on the Senate floor regarding the only viable debt ceiling compromise to avert a default. Below are his remarks as prepared for delivery:Republicans leaders in the House of Representatives wasted this week pursuing a right-wing proposal they knew from the start could not pass the Senate.From the very beginning the Speaker’s Band-Aid approach was fatally flawed – it would have put us back in this incredible position, fighting the clock to prevent financial collapse, in just a few weeks.It was a concession to Tea Party extremists, yet it...

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