Tim Huelskamp – Cut, Cap, Balance Passes the House

“Cut, Cap, Balance” Passes the House

Congressman Tim Huelskamp an Original Sponsor of Historic Legislation

July 19, 2011

(WASHINGTON) – The House passed by a margin of 234-190 H.R. 2560, also known as “Cut, Cap, Balance.” This bill provides President Obama with the debt limit increase that he requested under the following conditions: immediate spending cuts; spending caps to limit future spending growth; and a balanced budget amendment passed by both the House and Senate. Unless these conditions are met, the President’s debt limit is not raised. Next year’s cuts include no changes to Veterans’ spending, Medicare, Social Security, and Defense.

“I am incredibly excited that my colleagues and I passed this consequential bill,” Congressman Huelskamp said. “Today marks the beginning of a new course for Washington in which fiscal responsibility and discipline retake center stage. ‘Cut, Cap, Balance’ is the only plan in Washington that recognizes and reorients the current reality that Washington is broke.”

“As I discussed on the House floor today, this legislation is about promoting fiscal responsibility. It’s not about the next election, it’s about protecting the next generation from reckless spending and borrowing that threatens their access to the American Dream.”

“It is my sincere hope that the Senate will take up this measure immediately; the American people are demanding real solutions. This is the only plan in Washington to restore fiscal responsibility.”

Congressman Tim Huelskamp is a freshman representing the First District of Kansas.  He serves on the House Budget, Agriculture, and Veterans’ Affairs Committees, and he is a member of the House Republican Study Committee.

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