Posted on 03/08/2006 4:56:44 AM PST by Gipper08
RSC TO RELEASE BALANCED BUDGET IN PRESS CONFERENCE TOMORROW House Conservatives’ Budget Based on 1995 “Contract With America” Budget
Washington, D.C. – Congressman Mike Pence (R-IN), chairman of the House Republican Study Committee (RSC), and Congressman Jeb Hensarling (R-TX), chairman of the RSC’s Budget and Spending Taskforce, together with other RSC members will introduce a balanced budget based on the 1995 “Contract With America” budget tomorrow.
This morning the New York Times profiled the upcoming RSC Budget in an article entitled “House Conservatives Prepare Austere Alternative Budget.” See article at: http://www.nytimes.com/2006/03/07/politics/07spend.html.
WHO: Congressmen Pence, Hensarling and members of the House Republican Study Committee
WHAT: Press Conference Introducing RSC Budget
WHEN: Wednesday, March 8 11 a.m. EST
WHERE: Cannon Terrace (Rain location: 1539 LHOB)
Congressman Pence
“With record deficits and debt, the time has come to level with the American people; we are not living within our means. This Republican Congress should return to our roots of fiscal discipline and reform. House conservatives have produced a balanced budget based on the 1995 ‘Contract with America’ budget. The RSC budget will renew our commitment to fiscal discipline and reform by balancing the budget and paying down our national debt. The American people long for leaders who tell it like it is and are honest about the choices we face. House conservatives are such leaders and the RSC Budget includes such choices.”
Congressman Hensarling
“Back in 1994, Republicans captured the majority on a national referendum for reform and limited government. It is time for us to remember our pledge to the American people. The RSC budget revives the agenda that swept Republicans into the majority: balancing the budget, protecting tax relief, strengthening our national defense, and continuing the process of reforming runaway entitlements.”
BACKGROUND
RSC Budget:
• Balances the budget within the budget window • Includes pro-growth tax policy (guards against automatic tax increases) • Makes no changes to Social Security • Makes real reductions in discretionary spending • Includes reconciliation/entitlement reform • Increases defense spending • Decreases foreign aid • Significantly restructures three cabinet agencies • Eliminates federal programs • Includes budget process reform
NOTE: The 1995 Contract With America budget did all of these things.
RSC Budget: Proposes approximately $350 billion in reconciliation savings over five years.
RSC Budget: Proposes $392 billion in deficit reduction over five years (taking into account increases in defense spending.)
The Republican Study Committee is a group of over 100 House Republicans organized for the purpose of advancing a conservative social and economic agenda in the House of Representatives. The Republican Study Committee is dedicated to:
a limited and Constitutional role for the federal government,
a strong national defense,
the protection of individual and property rights,
and the preservation of traditional family values.
The group has played a major role in key policy areas including budget, appropriations, taxes, education, Social Security reform, defense, deregulation, and general government reform. The Republican Study Committee is an independent research arm for Republicans.
can you please change my headline to "RSC TO RELEASE BALANCED BUDGET IN PRESS CONFERENCE TODAY"?
Thanks
Yip Yip!
(Denny Crane: "I Don't Want To Socialize With A Pinko Liberal Democrat Commie. Say What You Like About Republicans. We Stick To Our Convictions. Even When We Know We're Dead Wrong.")
Funny how they "remember" such commitments only AFTER it's too late to revoke the likes of bridges to nowhere and prescription drug giveaways. I for one require proof they'll reign in their trough trolling.
Another point is that politics is about compromise, BUT not about unconditional surrender.
The party of 'fiscal responsibility' has engaged in unconditional surrender on these issues and still get called ugly names by the Democrats, who survive as the party of moremoremore... SO, for example, in the mid-1990s when we were cutting growth of school plans to 4%, the Democrats screamed about kids dying of hunger because it wasnt 4.5%.
Now, we spend more than ever, but the Democrat whine about No Child Left Behind being 'unfunded'.
"A zero-growth budget moves the goalposts.
Passing a budget like this would be good politics and fiscal prudence by the GOP. "
Yes, and this is true even if the House budget and Senate budget need some compromise. Use a different baseline, as was done in the mid-1990s.
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