The House is set to vote on a Republican 'cut, cap and balance' plan Tuesday
WASHINGTON — The next step in the weeks-long saga over how to increase the government's borrowing cap is to let House Tea Party forces try it their way.
A Republican "cut, cap and balance" plan set for a House vote Tuesday would condition a $2.4 trillion increase in the so-called debt limit on an immediate $100 billion-plus cut from next year's budget and adoption by Congress of a constitutional amendment to require a balanced budget.
"Let's let the American people decide," said Rep. Jim Jordan, R-Ohio, on "Fox News Sunday." "Do they want something common sense as cutting spending, capping the growth in government and requiring a balanced budget amendment to the Constitution?"
1 comment:
100 billion cut what a joke, how about no debt limit increase and a trillion dollar cut do it before its too late!!!
whoops almost forgot its already too late
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