July 18, 2011
Washington, DC, July 18, 2011 – House Republican leaders will vote tomorrow - Tuesday, July 19 - on the Republican Study Committee’s “Cut, Cap, and Balance” bill, H.R. 2560.
We urge you to call your Representative before 2pm EST tomorrow to oppose this legislation.
The legislation would cut FY 2012 spending by $111 billion reducing non-discretionary spending levels by $76 billion to below FY 2008 spending levels. Total federal spending for discretionary and mandatory programs is reduced based on a “glide path” from 23% of GDP in FY 2012 to 18% of GDP in 2021 and requires passage of a constitutional balanced budget amendment (BBA) prior to raising the debt ceiling.
See downloads to the right for a PDF Summary of the bill from Rep. Jason Chaffetz, R-UT. You may view the legislative text on the House Rules Committee website: http://www.rules.house.gov/Legislation/legislationDetails.aspx?NewsID=41....
This bill is based on a proposal from the Republican Study Committee (RSC) viewed at: http://rsc.jordan.house.gov/Solutions/debtceiling.htm.
See downloads to the right for a PDF statement from the Center on Budget and Policy Priorities regarding H.R. 2560.
The Senate still plans to hold a vote on an extreme version of the constitutional BBA, S.J.Res. 23, towards the end of the week. There is also a distinct possibility that the Senate will vote on a Senate version of the ‘Cut, Cap, and Balance’ – S. 1340 - http://www.gpo.gov/fdsys/pkg/BILLS-112s1340pcs/pdf/BILLS-112s1340pcs.pdf.
The House will convene at 12pm EST July 19, 2011. You can find your Representative at http://house.gov/.