Crossroads GPS Endorses H.R. 2560: The Cut, Cap, And Balance Act Of 2011

WASHINGTON—Crossroads Grassroots Policy Strategies (GPS) announced today that it endorses H.R. 2560: the Cut, Cap, and Balance Act of 2011 as a way to bring fiscal responsibility back to Washington.

Cut, Cap and Balance will make substantial cuts in spending, mandate enforceable spending caps, and would require a Balanced Budget Amendment to be sent to the states before the debt limit is raised. The House is scheduled to vote on this bill on July 19th.

President Obama has already said he will veto the bill, despite the fact that neither he nor the Democrats in Congress have put forth a responsible budget, or a concrete plan to solve this spending crisis.

“This bill is a way to ensure that fiscal responsibility becomes law in Washington,” said Steven Law, President of Crossroads GPS.  “We can no longer have the reckless government spending that continues to add to our debt and threaten America’s future.  It is disappointing that the President has declared he will veto this bill instead of stepping up and showing real leadership on this issue.”

Learn more about the Cut, Cap and Balance Act here.

Crossroads GPS is a policy and grassroots advocacy organization that is committed to educating, equipping and mobilizing millions of American citizens to take action on the critical economic and legislative issues that will shape our nation’s future in the years ahead.

For more information, contact Jonathan Collegio at [email protected] or (202) 559-6424.