Congressman Peter Roskam (IL-06), Chief Deputy Whip, issued the following statement regarding the House Republicans' plan, consistent with the principles of Cut, Cap and Balance, including a required vote on a Balanced Budget Amendment:
"Washington has a spending problem, not a revenue problem, and higher taxes and putting politics ahead of good policy is not a viable solution. Americans support the principles of Cut, Cap and Balance. That's why the House will vote this week on a debt plan that upholds the principles of Cut, Cap and Balance, and cuts more than it raises. It is yet another viable plan Republicans have introduced, in direct contrast to President Obama's lack of any plan. At this late time, our proposal is the only viable option that will restrain Washington's spending problem while making good on our obligations and avoiding default."