Pelosi: Demanding Cuts Greater Than Debt Increase "Doesn't Make Sense"
In an interview with The New York Times, House Minority Leader Nancy Pelosi (D-Cali.) says cutting the deficit is important, but demanding cuts larger than the debt ceiling increase be included in a deal "doesn't make sense."
CARL HULSE, NEW YORK TIMES: The Republicans are saying, of course, we're not going to give you anything on the debt limit unless you cut spending, dollar for dollar.
REP. NANCY PELOSI: I think these two subjects are very important, they are separate subjects. Yes, we need to reduce the deficit. We need to create jobs to bring in revenue, we need increase revenue and we need to make cuts. And that's what we should do. To attach them to the debt ceiling fight is something -- and then to put a standard that is even higher than the debt ceiling doesn't make sense.