Bill Cuts Spending, Caps Budgets, Initiates Balanced Budget Amendment Process
The U.S. House of Representatives has passed, on a 234-190 vote, the Cut, Cap & Balance proposal, which would reduce spending, limit federal budgets, and begin the process to amend the Constitution to require a balanced budget.
AFP-Virginia state director Trixie Averill today issued the following statement:
Never before has this country been in such dire financial straits. Cut, Cap and Balance is a reasonable, responsible approach to righting the fiscal ship and AFP-Virginia urges Senators Warner and Webb to support it when it arrives in the Senate.