Pelosi Statement on Ongoing Debt Limit Negotiations

Washington, D.C. -- Democratic Leader Nancy Pelosi issued the following statement this evening regarding the ongoing debt limit negotiations:

"The President and Vice President have encouraged a bipartisan, balanced approach to lower the deficit as we lift the debt ceiling.  As we work to reduce the deficit, we must do so in a way that creates jobs, ensures tax fairness for the middle class, respects our seniors and educates our children.

"Whatever our views, the August 2nd deadline is certain and we cannot walk away from our obligation to the American people."