Senator Jim DeMint (R-SC) is not giving up on the Cut, Cap, and Balance Act. Even though Senate Majority Leader Harry Reid (D-NV) pronounced it “dead” after tabling it this morning, DeMint hears no fat lady singing, and has vowed to force another vote.
DeMint’s statement, in full:
The bipartisan House-passed Cut, Cap, Balance bill remains the only plan on the table, the only one that preserves our AAA rating, and is only four Democrat votes away from a Senate majority to end this debt crisis. I will work to force another vote on Cut, Cap & Balance next week because the President and Democrats have not offered the American people any other viable solution.
It is outrageous that every Senate Democrat voted against even allowing a debate on balancing the budget within 10 years, a plan supported by two-thirds of Americans with wide support across all party lines. Why are Senate Democrats so afraid to debate a balanced budget? Cut, Cap, Balance is the compromise plan that passed the House and can end the wasteful spending that caused this debt crisis. It gives the President the debt limit increase he has asked for in return for immediate spending cuts, enforceable spending caps, and a constitutional amendment to force Washington to stop spending more than it brings in.
The President and Democrats have been beyond reckless in this debate, refusing to offer any serious solution to our fiscal crisis. The only plan the President has offered would increase our debt by $10 trillion and push our nation into bankruptcy.
I urge Republican leaders to stop letting the President drag you back like children into secret meetings where he pretends to do something constructive. The President created this crisis by irresponsible spending and borrowing that has left our economy in shambles, and if he’s unwilling to simply agree to balance the budget in 10 years then he is not a credible negotiating partner.
No more closed door meetings, no more phony compromises that don’t solve the problem, no more useless commissions. We have a balanced approach supported by a bipartisan House majority that ends our debt crisis if just four Senate Democrats would keep their promise and support a balanced budget.
We must pass Cut, Cap & Balance to keep our nation from falling off a fiscal cliff.
DeMint also put up a terrific video yesterday expressing the urgency of the Cut, Cap, and Balance Act: