Senators DeMint, Paul, Lee, Rubio, and Johnson penned an op-ed advocating for Cut, Cap, and Balance as our rallying cry.
Our course is unsustainable. The Congressional Budget Office has stated it can no longer make long-term budget estimates because our projected level of debt causes the computer models to break down somewhere in the 2040s. These trends aren’t those of a super power in decline, but a banana republic in the making – and a global economic anchor.
That’s why last year we co-sponsored a balanced budget amendment that would have, for the first time, not only forced Congress to get control of spending, but bound future Congresses to do the same.
We called on Congress to cut unnecessary, and unconstitutional, spending immediately, cap future spending in line with average historical revenues and send a balanced budget constitutional amendment to the states for ratification.
As Congress begins a new budget season, we stand by that call.
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