Recent Press Releases

Aug 02 2011

Johnson Statement on Senate Passage of Debt Ceiling Compromise

I am glad we have passed the debt ceiling compromise so we can stop playing chicken with the American economy.  Now we can focus on creating jobs and growing the economy.

This agreement is not the one I would have written. While Social Security and Medicare are protected for now, nothing has been asked of Big Oil or millionaires and billionaires. The super congressional committee created in this bill to find more savings should develop a balanced approach that includes revenue raisers as well as responsible spending cuts.

After months of debate that brought our economy to the brink, I reluctantly supported this compromise because it is the only bill that could make it through both chambers and avoid the financial chaos of default.