As part of the deal to reopen the government and raise the debt ceiling, the House and Senate agreed to appoint members to a bicameral conference committee with the goal of developing a budget blueprint by Dec. 13.
Our very own Congressman Jim Clyburn is a member of the conference committee. Recently, I traveled to Washington to meet with Rep. Clyburn, Rep. Joe Wilson and the office of Sen. Tim Scott, as a member of the Campaign to Fix the Debt (fixthedebt.org), a national, nonpartisan movement to get our nation’s fiscal house in order. Much of the political brinksmanship and gridlock we’ve seen in recent months could have been avoided if we had a budget in place.
I stressed the importance of working in a bipartisan way to reach a budget agreement that puts our long-term national debt on a downward path. This will add certainty to the markets, which businesses need to invest and grow, trim the enormous credit-card bill future generations will inherit and help restore much-needed confidence in our government.