https://redstate.com/erick/2011/05/27/cut-cap-and-balance/feed/Conservative News & Politicsen-usWed, 10 Jun 2026 12:19:47 -0400<![CDATA[As you probably have heard by now, the United States has reached its statutory debt limit, and the Treasury Department each day performs “extraordinary measures” to prevent the federal government from having to make any real choices to reduce debt or prioritize spending.As of right now, only one entity on Capitol Hill has put forward a serious, robust plan to truly reform the way Washington budgets and spends taxpayer dollars, so that we never again hit the debt ceiling.  It’s the U.S. House Republican Study Committee (RSC)—and the plan is called “Cut, Cap, and Balance.”The RSC, led by Rep. Jim Jordan (R-OH), articulates its Cut, Cap, and Balance plan in a letter, soon to be sent to House leadership (I’m told they have 90 signatures on the letter so far but are still gathering more). In the letter, they first state unequivocally that they will not vote for a debt-ceiling increase without accompanying cuts and reforms, saying, “…if we do not reverse the out-of-control spending that has led us here, it would be grossly irresponsible for us to extend the limit on the national credit card.”Exactly right.Then the RSC makes its demands:]]>Fri, 27 May 2011 14:36:19 -0400<![CDATA[Erick Erickson]]>https://redstate.com/erick/2011/05/27/cut-cap-and-balance-n39170