Monday, July 18, 2011

Hartzler: Cut, Cap, and Balance will put America back on the right track

Fourth District Congresswoman Vicky Hartzler says Cut, Cup, and Balance is the way to go to restore America's economy. The news release is printed below.

The U.S. House votes tomorrow on the Cut, Cap and Balance Act of 2011, co-sponsored by Congresswoman Vicky Hartzler (MO-4), as a way to address the country’s financial crisis and permanently put America back on the right track.

“Cut, Cap and Balance is a substantive proposal put forward by House Republicans in the effort to end Washington’s reckless spending,” said Hartzler. “Cuts to total spending would amount to $111 billion in the 2012 fiscal year and trillions of dollars over the next decade. Total federal spending would be capped to force the government to live within its means by scaling back spending to 19.9 percent - the historical amount of revenue which typically comes in each year – by 2021. Finally, it requires a Balanced Budget Amendment to be passed BEFORE raising the debt limit.”

“This is the right approach to control spending,” continued Hartzler. “We are in a debt crisis not because the debt ceiling is too low, but because spending is too high. Our national debt is nearly $14.3 trillion – higher than at any time in American history. We currently borrow approximately 42 cents of every dollar we spend – much of it from China – and are saddling our children and grandchildren with mountains of debt. This is wrong.”

“We need to stop spending money we don’t have,” declared Hartzler. “House Republicans won’t agree to pay President Obama’s past bills or raise his credit limit by raising the debt ceiling unless he agrees to cut up the credit cards. The time to change course is NOW.

Cut, Cap and Balance requires passage of a Balanced Budget Amendment to raise the debt limit. The President will only be given a debt ceiling increase if a qualifying BBA passes Congress and is sent to the states for ratification.

3 comments:

Anonymous said...

They won't pay O'Bama's past bills but they also won't pay Bush's. These are America's bills not just the Democrat's.

Anonymous said...

"Isn't it great to live in a society where the penalty for lying to a congressman can be up to 30 years in jail, but the penalty for a congressman lying to you is another two years in office. "

Anonymous said...

She should put down the tea bag and wake up to the real world. She and the other tea baggers are playing with peoples ability to make a decent living. I wonder how many pledges she has signed. I would think she would pledge to the constitution and not to Grover Norquist and his ilk.