|On Tuesday, the U.S. House of Representatives passed the Cut, Cap, and Balance Act, H.R. 2560, a bill I cosponsored to reduce the deficit by cutting spending in Fiscal Year 2012 by $111 billion, capping future spending at 19.9 percent of gross domestic product, and requiring congressional approval of a balanced budget amendment to the Constitution prior to any agreement to raise the debt limit. On Monday, the Administration threatened to veto the bill despite having failed to publicly offer a comprehensive proposal to Congress or strike a deal that significantly reduces the long-term deficit and current spending in order to raise the nation's debt limit. |
Question of the Week: Do you support the Cut, Cap, and Balance Act that cuts current spending, sets caps on future spending, and requires the passage of a balanced budget amendment prior to raising the debt ceiling?
( ) Yes
( ) No
( ) Other (please share your thoughts on my blog)
( ) I am unsure.
Take the poll here.
Read my statement on the passage of the Cut, Cap, and Balance Act here.
Find out the results of last week's instaPoll here.
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