Governors Rick Perry and Nikki Haley outlined their Pledge to Cut Cap and Balance the federal budge in an Op-ed piece in yesterday’s New York Post.
As governors of states whose residents, like all Americans, are desperate for the restoration of fiscal responsibility in Washington, we are proud to have signed the “Cut, Cap and Balance Pledge” amid the debate over once again raising the federal debt ceiling.
We oppose an increase in the federal debt limit unless three common-sense conditions are met: substantial cuts in spending; enforceable spending caps to put the country on a path to a balanced budget; and congressional passage of a balanced-budget amendment to the U.S. Constitution. That amendment should include a requirement for a congressional supermajority to approve any increases in taxes.
The pledge reads as follow:
I pledge to urge my Senators and Member of the House of Representatives to oppose any debt limit increase unless all three of the following conditions have been met:
- Cut – Substantial cuts in spending that will reduce the deficit next year and thereafter.
- Cap – Enforceable spending caps that will put federal spending on a path to a balanced budget.
- Balance – Congressional passage of a Balanced Budget Amendment to the U.S. Constitution — but only if it includes both a spending limitation and a super-majority for raising taxes, in addition to balancing revenues and expense.
I hope Boehner and McConnell are paying attention.
Tags: Rick Perry
