SAN FRANCISCO (CBS SF) — Democratic Leader Nancy Pelosi said there is “No time to waste” in reaching an agreement to reduce national debt.

Pelosi issued the statement a day before meeting with the ‘Fix the Debt’ leaders.

‘Fix the debt’ is a Washington-based coalition, which advocates lower taxes, and lowering the national debt.

“We look forward to hearing from voices across the private sector as we work together to reach a balanced agreement,” said Pelosi.

(Copyright 2012 by CBS San Francisco. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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