WASHINGTON, DC – U.S. Senator Bob Casey (D-PA) released the following statement after the announcement of a compromise to cut spending and avoid default:
"No compromise is perfect and the process that has brought the country to the brink of default is unconscionable. The country is running out of options to avoid further economic harm. I will vote to move this compromise forward to avoid default, cut government spending and provide some economic certainty.
"This proposal does make significant cuts in government spending. There are many details still to be determined. The process moving forward should embrace the concept of shared sacrifice and not force those who can least afford it to bear the burden. Powerful special interests should not be exempt from paying their fair share while working Pennsylvanians are asked to carry the load."