Balanced Budget Amendment at Center of Reasonable Fiscal Solution
With the U.S. House of Representatives set to vote on the balanced budget proposal, Americans for Prosperity-Virginia is urging Virginias members of Congress to support the legislation as well as the larger Cut, Cap and Balance legislation. As the federal government faces catastrophic and mounting debt, now is the time to rein in spending, address obligations and finally balance the budget.
The Cut, Cap and Balance legislation is a four-pronged approach:
It cuts spending in the short term
Over the next ten years it caps government spending
It prevents default on federal fiscal obligations
It links increasing the debt limit to the passage of a balanced budget amendment, as introduced by Rep. Bob Goodlatte (6th District)