Latest News

Congress rang in the new year with a political compromise to avoid what had come to be known as the fiscal cliff. While we avoided a tax increase on most Americans, we also pushed off once again many of the tough decisions required to get our country back on a responsible fiscal path.

If Congress and the White House are unable to agree on debt reduction measures by March, America will face a triple threat: a congressional vote to raise the debt ceiling, across-the-board spending cuts required by the sequester and the expiration of the law that keeps the government funded.
Soon-to-be senior Sen. Mark Warner (D-Va.) has been in the thick of recent federal appropriations battles. He led the original Gang of Six that tried to get a bipartisan deal on the budget going last year. Now, he's back at it, trying to head off sequestration. Warner says that, in spite of how it may seem, lawmakers understand the dangers of the fiscal cliff.