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Van Hollen Statement on President's Deficit Reduction Proposal


Location: Washington, DC

Maryland Congressman Chris Van Hollen, Ranking Member of the House Budget Committee and member of the Joint Select Committee on Deficit Reduction, today issued the following statement in response to President Obama's proposal for economic growth and deficit reduction:

"We must put Americans back to work and kick start our economic recovery as we also work to implement a balanced plan to reduce our deficit over the long term. The President's plans represent a common sense approach to achieve both those goals. Today he laid out the case for putting our fiscal house in order by making difficult cuts and also asking millionaires and billionaires to pay at least the same effective tax rate as many of those who work for them. President Obama's proposals are a welcome contribution to the Joint Committee's ongoing work and deserve serious consideration."

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