No, CCB would raise the ceiling 1.1 trillion.
Broun Votes Against Cut, Cap, and Balance Bill; Urges More Immediate Action
Washington, Jul 19 -
Congressman Paul Broun, M.D. (GA-10) today released the following statement after voting against the Republican Cut, Cap, and Balance bill:
“I gave my word to my constituents in Georgia and to the rest of the American people that I would not vote for any bill that increases the debt limit. Although the Cut, Cap, and Balance bill is a step in the right direction, it still raises the debt ceiling by $2.4 trillion, and we simply cannot afford it.“Also missing from the Cut, Cap, and Balance bill is the urgency to pay down the debt by immediately reducing the outrageous spending levels to which Washington has become so accustomed. Unfortunately, the cuts outlined in Cut, Cap, and Balance take effect over a period of ten years. We no longer have ten years to spare – it’s too little, too late.
“Undoubtedly, we have to cap spending and we must enact a balanced budget amendment, but Congress can get these tasks done without raising the debt ceiling. I have introduced bills to both lower the debt ceiling and to balance the budget.
“We’ve been down this road before. Administrations of the past have agreed to raise the debt ceiling on a contingency that cuts would be made in future budgets – but those cuts never materialized. It’s long past time to stop obligating our constitutional duties – along with our budgetary problems – to both future Congresses and future generations.”
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