DENVER (AP) – Both of Colorado’s senators backed a compromise bill to prevent a government default — with some regrets.

The legislation passed Tuesday paired an increase in the debt ceiling with promises of more than $2 trillion of budget cuts over the next decade.

Sen. Mark Udall criticized the bill for failing to ensure that the wealthy will help balance the nation’s books. He also said it won’t reduce the debt enough to give businesses the confidence to expand and hire workers.

Sen. Michael Bennet said the bill made a “significant downpayment” on reducing the deficit, but he wishes it had gone further.

Bennet plans to hold a meeting Wednesday in Denver to discuss the issue. It will begin at 11 a.m at the Tivoli Student Union on the Auraria campus.

Seating for Bennet’s meeting is limited. Members of the public may reserve a spot by e-mailing


(Copyright 2011 by The Associated Press. All Rights Reserved.)


Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s