Inouye’s Statement on Debt Ceiling Negotiations

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WASHINGTON — Sen. Daniel Inouye (D-Hawaii) issued the following statement after a meeting with Senate leaders on Saturday afternoon:

“At this moment, we have a plan before us that will stave off the certain financial disaster that will occur if the United States defaults on its financial obligations. We have already scared off significant investment in our country and our failure to reach an agreement at a time when millions of Americans are struggling to find work is irresponsible.

“In my nearly five decades as a member of this body, I have never seen such reckless behavior.  Here we are, days before our country is unable to make good on its debts, and we are still talking and talking about revisions and amendments and vote schedules. We have debated and voted and talked some more and now time has run out. We need to have an up or down vote on the (Senate Majority Leader Harry) Reid amendment.

“I urge my colleagues from both sides of the aisle to end the debate, and come together to do what is right for our constituents. We have to find a solution to this financial crisis. I’m going to assure the soldiers, they’ll get paid. I’m going to assure the seniors, they’ll get paid. As long as I am a senator, they’ll get paid. So help me God, they’ll get the money.

“We’re going to make up for this. We are going to get this done.”

Sen. Daniel Akaka issued a similar statement that evening:

“It is remarkable that we have come to this point. In my 34 years so far in Congress, I have never seen such gridlock. Servicemembers and veterans, seniors on Social Security and Medicare, those on pensions or unemployment, investors, and millions of other Americans across the country are depending on us.

“The United States’ economy and creditworthiness, and the well-being of our families, should not be held hostage to shifting political demands. I am glad that negotiations are continuing, and hopeful that we can reach an acceptable compromise by tomorrow.”

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