Press Releases
Luetkemeyer Votes to Cut Spending, Cap Spending and Balance Budget
Washington, DC,
July 19, 2011
With America currently borrowing roughly 40 cents of every dollar and every American owing our nation's creditors more than $46,000, U.S. Rep. Blaine Luetkemeyer (MO-9) voted today in favor of H.R. 2560, the Cut, Cap, and Balance Act of 2011. This legislation codifies major spending cuts, institutes enforceable caps on government spending, and requires congressional passage of a Balanced Budget Amendment before the debt ceiling can be raised. Luetkemeyer is an original co-sponsor of the Cut, Cap, and Balance Act of 2011.
With America currently borrowing roughly 40 cents of every dollar and every American owing our nation’s creditors more than $46,000, U.S. Rep. Blaine Luetkemeyer (MO-9) voted today in favor of H.R. 2560, the Cut, Cap, and Balance Act of 2011. This legislation codifies major spending cuts, institutes enforceable caps on government spending, and requires congressional passage of a Balanced Budget Amendment before the debt ceiling can be raised. Luetkemeyer is an original co-sponsor of the Cut, Cap, and Balance Act of 2011. “This legislation to cut, cap, and balance is a victory for current and future generations of Americans,” Luetkemeyer said. “Missouri families, businesses, and even state government must balance their respective budgets, and we should expect nothing less from Washington. With today’s historic vote, we have the opportunity to finally reverse the financial burdens that have been placed on our children and grandchildren, reinvigorate our economy and demonstrate to markets and creditors at home and abroad that we are serious about tackling our country’s debt.” TheCut, Cap, and Balance Act would put three spending measures in places to ensure real spending reforms are met:
Luetkemeyer earlier this year voted against a stand-alone resolution to increase the debt ceiling by $2.4 trillion, citing it as another blank check for the federal government. ### |