Senator Kirk Statement on Pending Bipartisan Agreement to Prevent American Default

WASHINGTON–(ENEWSPF)–July 31, 2011.  United States Senator Mark Kirk (R-Ill.) tonight released the following statement on the pending bipartisan agreement to prevent an American default:

“The best way to achieve economic stability, reassure our allies and strengthen financial markets is by tackling our unsustainable spending trend. This deal is a balance of immediate cuts and a promise of long-term reforms, coupled with a strong backstop. I am optimistic this bipartisan plan will pass with strong support from both parties and we can prevent an American default.”