Bill Clinton, in an interview with ABC News, proposing a deal on the debt ceiling impasse, emphasis mine:
“If they [the Republicans] said, look, that now is not the time for big tax increases to harm the recovery, they would be right. But it's also right to say that now's not the time for big spending cuts.
What I'd like to see them do is agree on the outlines of a 10-year plan and agree not to start either the revenue hikes or the spending cuts until we've got this recovery underway. The confidence that the Republicans say would be given to investors with a budget plan, they'd get whether we started this year or next year or the year after that, for that matter.”
(The Clinton interview starts approximately 1:23 in.)