Washington, D.C. - Congressman Dave Loebsack released the following statement today after a bipartisan compromise was reached to end the needless shutdown and avert the economic consequences of defaulting.

"Make no mistake about it, the bipartisan compromise announced today, at the end of the 11th hour, could have been avoided and dealt with months ago. It is unconscionable that a small group of Tea Party Republicans would take our economy to the brink. Congress must pass this compromise immediately and end this manufactured crisis that is already hurting our economy.

"While I stand ready to continue to work with any member of Congress to avoid a similar crisis in the future, unfortunately, I remain unconvinced that the result will be any different next time. This agreement once again kicks the can down the road. We should have already come to a long-term solution. Iowans are demanding that Congress turn its attention from brinksmanship and political games to growing the economy and creating jobs. Fixing the economy and getting Iowans back to work has been and will continue to be my number one priority."

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