Jon Huntsman backs John Boehner’s debt ceiling plan in this statement:
The plan proposed by Speaker Boehner and House Republican Leadership is a good first step to deal with our national debt and is in line with the principles I have laid out since the beginning of this debate: cuts commensurate with any increase in the debt ceiling, tangible steps towards a balanced budget amendment, and no tax increases. President Obama should sign on to this plan instead of demanding over $1 trillion in tax hikes and a politically convenient timetable.
I applaud Speaker Boehner and Republican Leadership in the House for proposing a plan that makes serious strides towards solvency and will prevent us from defaulting on our obligations.
Once this responsible plan is passed Congress must take meaningful steps toward addressing the long-term drivers of debt with entitlement reform and a revenue-neutral tax reform plan.