The U.S. House of Representatives today passed the Cut, Cap, and Balance Act of 2011 [H.R. 2560]. This legislation, introduced by Representative Jason Chaffetz (UT-03) and co-sponsored by Congressman Rob Bishop (UT-01), includes strategic reforms aimed at curtailing the irresponsible spending practices that have plagued Washington for decades.
"Before an increase to the debt limit can occur, Congress must commit to implement enforceable restrictions that place long-term limits on federal spending. The Cut, Cap, and Balance Act is the right first step toward doing just that. It's time that the federal government start spending less and planning sensibly for the future like so many Utah families have done to weather these tough economic times. It is my hope that the President and Democrat controlled Senate will uphold the will of the people and pass this legislation. I hope they recognize that tax increases and raising the debt limit without implementing reforms to spending place an undue burden on American taxpayers who already shoulder the burden of decades of irresponsible spending in Washington. It is time for Harry Reid and Barack Obama to do what is right for this country, not just their own personal political agendas," said Congressman Bishop.