The Spending Reduction Act
With the national debt now over $14 trillion, Congress must act swiftly to cut spending. That is why members of the RSC have proposed new legislation that would make substantial spending cuts immediately and throughout the next decade. The Spending Reduction Act of 2011, H.R. 408, is a $2.5 trillion head start in the race to resolve the growing debt crisis and preserve the American Dream.
Companion legislation, S. 178, has been introduced in the Senate by Sen. Jim Demint (R-SC).
About the Bill:
RSC Spending Reduction Act - Bill Text
RSC Spending Reduction Act - Two Page Summary
RSC Spending Reduction Act - Extended Summary
Press Release: Jordan, Garrett and DeMint Unveil the Spending Reduction Act
Graph Comparing the CBO Baseline Projections to the Spending Reduction Act (Projected)
In the News:
RSC Op-Ed: Can't Reduce Federal Spending? Here's a Plan to Cut $2.5 Trillion by 2021
Diana Furchgott-Roth Op-Ed: RSC Proposal is a Reasonable Plan to Cut Spending
Daily Caller: House GOP Conservatives Set to Unveil $2.5 Trillion in Deep Spending Cuts
Newsmax: GOP Attempts Historic $2.5 Trillion Cut in Federal Spending
Investor's Business Daily: GOP's Bold Spending Cut Plan Sets Budget 'Marker'
Human Events: GOP Must Leverage Debt Ceiling Vote
Video: Spending Reduction Act Featured on Fox News
Outside Support:
Letter from Citizens Against Government Waste
Letter of Support from National Taxpayers Union
The Committee for a Responsible Federal Budget "Applauds" the Spending Reduction Act
Letter of Support from Eagle Forum
Letter of Support from Gun Owners of America
Letter of Support from Citizens for the Republic - Additional Press Release
Op-Ed with Support from the Chairman of the College Republican National Committee
Additional Op-Ed with Support from the Political Director of the College Republican National Committee
Letter of Support from Black Sphere, LLC
Letter of Support from the Ohio Christian Alliance
Letter of Support from Home School Legal Defense Association
