Latest News
RTD: Warner group to debt panel: 'Go big'
Nov 17 2011
Even as the so-called supercommittee's deficit-reduction efforts appeared to languish this week with a Thanksgiving eve deadline looming, U.S. Sen. Mark R. Warner, D-Va., was leading a bipartisan coalition of 145 legislators calling on the panel to "go big." "Failure can't be an option. The whole rest of the world is watching," Warner said at the Capitol Hill news conference Wednesday surrounded by dozens of colleagues.
A bipartisan group of House and Senate lawmakers today urged the Joint Committee on Deficit Reduction to ignore pressure from their political wings and craft a massive deal to cut the nation’s deficit that includes both changes to entitlements and new taxes. Although talks have stalled in recent days, dozens of Members gathered in the Capitol to give the panel moral support and urge them to aim their sights high.
On the Road: the Eastern Shore and Hampton Roads
Aug 17 2011
Last night, Senator Warner and staff began a short trip to the Eastern Shore, Hampton Roads and the Peninsula with a town hall at the beautiful Cape Charles Coffee House.
Debt Deal: What Next?
Aug 03 2011
Last night, Senators Warner and Saxby Chambliss (R-GA), founders of the bipartisan "Gang of Six," sat down with CBS News' Scott Pelley to discuss about what comes next for debt and deficit reduction.
Not a long-term solution
Aug 02 2011
Warner, a member of the Senate Budget Committee, has argued for a comprehensive approach to tackling the country’s deficit and debt problem and said the compromise passed today is not a long-term solution. The former Virginia governor is a key member of the Senate’s bipartisan “Gang of Six” that produced a framework for cutting the deficit by $3.7 trillion over 10 years through spending cuts, entitlement reforms and tax reforms.
"This plan is much too small."
Aug 02 2011
Senator Warner spoke to Fox News today about the debt ceiling deal and the continuing need for a longer-term deficit reduction package. As founder of the Gang of Six, Senator Warner helped develop a package that would cut $3.7 trillion from the deficit. “I think this plan is much too small. We need to be closer to $4 trillion in debt reduction," Senator Warner said.
"A fix -- but not a solution"
Aug 01 2011
Senator Warner will support the debt deal compromise legislation but he says it doesn’t do enough to tackle long-term spending and revenue. Warner, a member of the bipartisan “Gang of Six” group that offered its own $3.7 trillion deficit-cutting plan, says the deal “doesn’t get us to the core problem of how we tackle tax reform and entitlement reform.”
Politico: Warner expects deal on time
Jul 28 2011
Sen. Mark Warner (D-Va.) thinks Speaker John Boehner’s plan to raise the debt-ceiling for six months carries “high, high debt downgrade possibilities” that would ultimately harm the American public. “The notion of re-litigating this in six months … I’m not sure what that’ll say to the markets around the world,” Warner said Thursday.
Running out of time and patience
Jul 27 2011
We know the tough choices that will be required to fix our nation’s finances, but what we no longer have is time. “And we appear to be racing at full speed toward the most predictable economic crisis of our lifetimes,” Senator Warner said during a floor speech this afternoon.
"There has never been more at stake."
Jul 27 2011
Senator Warner spoke to Virginia media last night about the ongoing debt ceiling negotiations in Congress. "We're really at a critical time. I can't think of a time in my business or political career when I think there has been more at stake," the Senator told Chelyen David of the Fredericksburg Free Lance-Star.
