From the website:
Despite our nation’s staggering $14.4 trillion debt, the Obama Administration and the Democratic leadership in the Congress want to raise our nation’s debt limit without any spending cuts or reforms.
We believe that this is a fiscally irresponsible position that would place America on the Road to Ruin. At the same time, we believe that the current debate over raising the debt limit provides a historic opportunity to focus public attention, and then public policy, on a path to a balanced budget and paying down our debt.
We believe the Republican Study Committee’s “Cut, Cap, Balance” plan for substantial spending cuts in FY 2012, a statutory spending cap, and the passage of a Balanced Budget Amendment to the Constitution is the minimum necessary precondition to raising the debt limit. The ultimate goal is to get us back to a point where increases in the debt limit are no longer necessary.
If you agree, take the Cut, Cap, Balance Pledge! There are versions for elected officials, federal candidates and ordinary citizens.
Go here to read more and sign the pledge. Senators Jim DeMint, Mike Lee, Jerry Moran, and Marco Rubio have already signed.
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