Schumer: Reid’s Plan ‘Only Viable Solution’

Senator Chuck Schumer cheered President Obama’s prime-time address to the American people tonight, in which the president said a group of House Republicans was unwilling to accept a compromise debt ceiling deal that would raise some revenues.

“The President placed the blame for this deadlock where it belongs—squarely on the shoulders of an extreme bloc within the House Republicans that refuses to compromise even one inch,” Schumer said in a statement emailed shortly after the speech. “As the President made clear, their approach will drive the U.S. economy over a cliff, and take millions of American families’ budgets with it.” Read More

Schumer: Reid’s Plan ‘Only Viable Solution’