Today it was announced that the Cut, Cap and Balance Act of 2011, of which Rep. Todd Rokita is a co-author, will be considered in the House of Representatives on Tuesday.
"The Cut, Cap and Balance Act is a serious plan to address the debt crisis we face by cutting current spending, capping future spending and passing a strong balanced budget amendment. This legislation will prevent spending-addicted politicians from driving our country further into debt and stealing the future from our children and grandchildren.
So far the President has failed to offer any plans to address our debt, just more speeches, table pounding and scare tactics, and predictable calls for job-killing tax increases.
Today the President said "If they [Republicans] show me a serious plan, I'm ready to move, even if it requires some tough sacrifices on my part.' Now the ball is in his court. If the President is serious about helping our economy and reducing the debt, he will join me in support of the Cut, Cap and Balance Act and encourage Democrats in the House and Senate to do the same,"Rokita said.