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Don’t Raise Debt Limit Without Spending Cuts

If you believe the nation’s staggering $14.4 trillion debt is nothing less than putting America on the Road to Ruin, speak out. The current debate over raising the debt limit provides a historic opportunity to focus public attention, and then public policy, on a path to a balanced budget and paying down our debt.

103 House Republicans, led by Republican Study Committee Chairman Jim Jordan, signed a letter to Speaker Boehner earlier this month that “called for a three-pronged approach of spending reductions to resolve the debt limit impasse and avoid the greater debt crisis just over the horizon,” according to this RSC press release. The three prongs are:

  • “Cut - We must make discretionary and mandatory spending reductions that would cut the deficit in half next year.
  • “Cap - We need statutory, enforceable caps to align federal spending with average revenues at 18% of Gross Domestic Product (GDP), with automatic spending reductions if the caps are breached.
  • “Balance - We must send to the states a Balanced Budget Amendment (BBA) with strong protections against federal tax increases and a Spending Limitation Amendment (SLA) that aligns spending with average revenues as described above.”

More information about “Cut, Cap, and Balance” is available at this RSC webpage, including links to the text of the letter sent to Speaker Boehner, signature list, news articles, and organizations supporting “Cut, Cap, and Balance.” The ultimate goal is to get Congress back to a point where increases in the debt limit are no longer necessary.

You can use the CutCapBalancePledge.com webpage to find contact information so you can urge Senators Mark Warner and Jim Webb and Representative Jim Moran to oppose any debt limit increase unless all three of the above conditions are met. If you do not live in Arlington County, the pledge page enables you to find the contact information for your Senators and Member of the House of Representative. At the moment, almost 6,000 people have taken the pledge. Let’s work to get that number to100,000 by the end of the weekend.

HT to radio talk show host Mark Levin for the link to CutCapBalancePledge.com

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