> News Release
S.O.S. BILL OFFERS PATH TO BALANCED BUDGET
Crapo co-sponsors sweeping spending controls announced today
Washington, DC - Idaho Senator Mike Crapo says Congress now has a roadmap to achieve and maintain a balanced federal budget. If adopted, the legislation which was introduced in the U.S. Senate this afternoon, will stop the threat of excessive debt that could plague future generations of Americans. Crapo, a member of the Senate Budget Committee, joined with Senate leadership and 12 other Senators today to announce the Stop Over-Spending (S.O.S) Act.
"Americans understand that spending is out of control in Washington," Crapo said. "Wasteful spending in our federal budget must be addressed as one of our nation's highest priorities. This legislation will give us the process in Congress by which we can get a handle on this critical issue..." [Read the complete release]
> Audio
Senator Crapo comments on spending in the federal budget [.mp3, 720 kb]
> Economic Charts
Link to charts and graphs covering the current economic climate and key elements of the S.O.S. Act.
> Legislation
More Information on the S.O.S. Act of 2006 from the Senate Budget Committee