Illinois Mayors Call for Debt Ceiling Compromise
More than three dozen Illinois mayors signed a letter Friday urging President Obama and members of Congress to take action on the nation's debt ceiling crisis, or risk another recession.
They say if lawmakers don't reach an agreement on a debt-limit solution before the Aug. 2 deadline, basic city services that rely on federal funding may not get supported. At that time, the Treasury Department will be forced to prioritize its spending commitments.
St. Joseph Mayor B.J. Hackler said he is concerned about highway construction projects that could be put on hold in his town if the debt ceiling is not raised.
"So, if people can't get to your town, they're sure as hell ain't going to build anything," Hackler said. "It got to be resolved. They got to unite together in some fashion to solve this problem."
Hackler also expressed concern about funding for water and sewer projects in St. Joseph.
Meanwhile, Danville Mayor Scott Eisenhauer said he is concerned about the impact on Social Security and Medicare payments. He said he is also worried federal funding for Danville's Mass Transit District could be jeopardized.
"Right now we are experiencing 50,000 riders a month," Eisenhauer explained. "If in fact that program were to be reduced or halted in any way, how will those individuals get to places where they need to be?"
Champaign Mayor Don Gerard said not raising the debt ceiling could put a damper on job growth and economic development in his city.
"You know, trying to get our job growth back up and our economic development, I think that's just one of the key factors," Gerard said. "It's hard to move forward with recruiting new business if we're not sure we can keep our roads and our infrastructure in shape."
Others mayors to sign the letter included Rahm Emanuel of Chicago and Laurel Prussing of Urbana.
In a statement, the Treasury Department did not provide details on the bills it would pay should the government default on its debt obligations. President Barack Obama on Friday urged Democrats and Republicans in the Senate to come together on a plan that can pass the House and that he can sign into law.