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Gosar Votes to Resolve Spending Crisis and Votes for “Cut, Cap, Balance”

Today, Congressman Paul Gosar (AZ-01) voted in favor of H.R. 2560, The Cut, Cap and Balance Act of 2011, legislation he co-sponsored. This Legislation is the first responsible bill to address the county’s fiscal crisis.

FOR IMMEDIATE RELEASE: July 19, 2011

CONTACT: Hannah Loy   202-225-2315

Gosar Votes to Resolve Spending Crisis and Votes for “Cut, Cap, Balance”

Today, Congressman Paul Gosar (AZ-01) voted in favor of H.R. 2560, The Cut, Cap and Balance Act of 2011, legislation he co-sponsored.  This Legislation is the first responsible bill to address the county’s fiscal crisis.  Congressman Gosar said: 

“Today is a milestone.  The people sent me and so many others to Washington D.C. to stop the fiscal madness.  Today I voted for H.R. 2560 because it is the first concrete plan submitted by anyone that specifically addresses both the short term and long term problems.  The short term problem is the debt ceiling. The long term problem is the spending crisis and forcing the government to live within its means,” said Gosar.

The legislation reduces discretionary spending by $31 billion compared to last year, and reduces mandatory spending by $51 billion in FY 2012.From FY 2013-2021, the legislation caps federal spending at the same levels (as a percentage of GDP) as the House-passed FY 2012 budget resolution.  The cap would be just under 20% of GDP by the end of the ten-year window.  Ultimately the legislation will save $5.8 trillion over ten years.  Gosar added:

“Every family in America has to live within a budget.   Every state in America has to live within a budget.  It is not too much to ask for the federal government to live within a budget.  If previous Congress’ had shown fiscal discipline, we would not need a Balanced Budget Amendment.   But history shows us that without this amendment, those drunk with federal spending, those intoxicated with endless borrowing, and those addicted to federal largesse, cannot stop.  We must stop their profligacy.  We did so today.”

The Cut, Capand Balance Act passed the United States House of Representatives 234 to 190.  This legislation makes the debt ceiling increase contingent on passage of a Balanced Budget Amendment to the United States Constitution.   A Balanced Budget Amendment would ensure this fiscal crisis is not passed on to future generations.  

In addition, Congressman Gosar is opposed to the debt ceiling plan proposed by Senate Minority Leader Mitch McConnell (R-KY).

“The debt ceiling plan proposed by Minority Leader McConnell not only fails to adequately address the current fiscal crisis in the country, it is patently unconstitutional and unwise,” Rep. Gosar asserted. “The Constitution grants only Congress, not the president, the power “to borrow money on the credit of the United States.”  The McConnell proposal abdicates constitutional power from Congress and gives the President the authority to unilaterally raise the debt ceiling in exchange for insufficient spending cuts and a congressional expression of disapproval. If this inadequate proposal comes before the U.S. House of Representatives, I will vigorously oppose it.”

Many groups have come out strongly in support of the Cut, Cap, and Balance Act, including:

60 Plus

Americans for Prosperity

Americans for Tax Reform

Christian Coalition of America

Citizens United

Club for Growth

Concerned Women for America

Council for Citizens Against Government Waste

FreedomWorks

Heritage Action for America

Liberty Counsel Action

National Taxpayers Union

Traditional Values Coalition

Mommy Lobby

Southern Baptist Ethics & Religious Liberty Commission

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