The nation's soaring debt is the "issue of your time," Sen. Mark Warner (D-Va.) told students Monday at the Christopher Newport University.
Warner is a member of a the bipartisan group of senators known as the Gang of Six, who are working to strike an agreement that would eliminate $4 trillion from the U.S. deficit by 2020.
According to The Daily Press, Warner told students at the small liberal arts university in Hampton Roads, Va., that compromise is not a sign of weakness. No matter what the final product, Warner said, he believed his role in the controversial negotiations would "make some folks mad."
On Sunday, Warner indicated the Gang of Six was nearing a deal and said they had put everyone on the table for possible cuts.
"What we're doing is we're saying everything has to be on the table," said Warner on CBS's "Face the Nation." "Entitlement reform, dramatic spending cuts, looking at tax reform.
The other members of the bipartisan Senate work group are Sens. Saxby Chambliss (R-Ga.), Dick Durbin, (D-Ill.), Mike Crapo (R-Idaho), Sen. Tom Coburn (R-Okla.) and Budget Committee Chairman Kent Conrad (D-N.D.).