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SENATOR COLLINS ENCOURGED BY BIPARTISAN PLAN TO REDUCE DEFICIT

U.S. Senator Susan Collins today said she was encouraged by a bipartisan plan to reduce the nation's deficit. The plan, which was authored by the so-called "Gang of Six," led by Senators Saxby Chambliss (R-GA) and Mark Warner (D-VA), would cut the nation's deficit by $3.7 trillion over the next ten years.

Following a closed-door briefing on the plan today, Senator Collins released this statement.

"This group deserves enormous credit for coming up with a serious and carefully considered deficit reduction plan that can garner strong bipartisan support. Our $14.3 trillion debt is unsustainable and threatens our future prosperity. While this plan would not solve all of our nation's problems, and I continue to review the specific details, I am very encouraged by the work that has been done."


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