Former Virginia Governor Mark Warner was elected to the United States Senate in 2008. He serves on the Senate Banking, Budget, Commerce and Intelligence committees. As governor, Senator Warner used bipartisan solutions to create a means to balance the state budget. As Senator, Warner is using the same tools to find solutions to reduce the federal debt.
Since 2010, Senator Warner, VA, has co-hosted bipartisan meetings to educate himself and other members of Congress about the deficit reduction and tax reform. The bipartisan group called the “Gang of Six” has worked strategically to produce a comprehensive plan to cut some of the nation’s debt by $4 trillion out of $16 trillion.
The “Deal from Capitol Hill” Senator Mark Warner and I discussed measures to avert going over the ‘fiscal cliff.’ This will include raising some taxes on upper income households but not cutting into entitlement programs. Senator Warner did agree on some spending cuts to programs that are simple not working. The Bush-Era tax cuts will expire on December 31, 2012.