Pelosi: Both Parties Must Reduce Deficit

Politics Reuters

U.S. House Democratic Leader Nancy Pelosi said Monday that Standard & Poor's downgrade of the U.S. credit outlook showed both Democrats and Republicans must "demonstrate our commitment to reducing our deficit through shared responsibility."

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"House Democrats will enthusiastically participate in these crucial discussions with a full commitment to growing the economy by creating jobs, strengthening the middle class and responsibly reducing the deficit," she said in a statement.

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