U.S. Senator Susan Collins tonight released this statement following the announcement that congressional leaders and President Obama have reached an agreement on a debt-reduction package.
"Compromise is never easy, and it took far too long to reach this point. I am reviewing the details of the agreement that congressional leaders have reached with the President. Two things are clear, however: Congress must act both to avert a default on our obligations and to address our unsustainable $14.3 trillion debt."
###