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  • Governor's Communications Office, 360-902-4136

Gregoire issues statement on debt negotiations

For Immediate Release: July 25, 2011

OLYMPIA � Gov. Chris Gregoire today issued the following statement in response to the latest round of federal debt negotiations:

�President Obama was right to push Congress to act and act soon on a long-term solution to the debt ceiling. We can�t just kick the can down the road for another six months. The uncertainty of the debt negotiations has caused consumers to slow spending and businesses to slow hiring. Any default or short-sighted solution could wreak havoc on our economic recovery.

�When governors from across the nation met a little over one week ago, we all agreed that Congress must deal with the debt ceiling and do so quickly. Governors understand the real impact that indecision and failure to act could have. We cannot pull the rug out from under the country and the states and stop our already tenuous recovery.�

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