Conservatives to launch debt ceiling pledge

“I, __________________________________ pledge to oppose any debt limit increase unless all three of the following conditions have been met: 1. Cut - Substantial cuts in spending that will reduce the deficit next year and thereafter. 2. Cap - Enforceable spending caps that will put federal spending on a path to a balanced budget. 3. Balance - Congressional passage (not mere support) of a Balanced Budget Amendment to the U.S. Constitution -- but only if it includes both a spending limitation and a super-majority for raising taxes, in addition to balancing revenues and expenses,” it reads.

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Republican Sens. Jim DeMint (S.C,), Orrin HatchOrrin Grant HatchTrump to award racing legend Roger Penske with Presidential Medal of Freedom Trump awards Presidential Medal of Freedom to economist, former Reagan adviser Arthur Laffer Second ex-Senate staffer charged in aiding doxxing of GOP senators MORE (Utah),Mike LeeMichael (Mike) Shumway LeeMcConnell, allies lean into Twitter, media 'war' Conservatives buck Trump over worries of 'socialist' drug pricing Criminal justice reform should extend to student financial aid MORE (Utah), Jerry MoranGerald (Jerry) MoranSenators introduce bill aimed at protecting Olympic athletes in response to abuse scandals Overnight Defense: Senate fails to override Trump veto on Saudi arms sales | Two US troops killed in Afghanistan | Senators tee up nominations, budget deal ahead of recess Senate fails to override Trump veto on Saudi arms sale MORE (Kan.), Rand PaulRandal (Rand) Howard PaulGraham promises ObamaCare repeal if Trump, Republicans win in 2020 Conservatives buck Trump over worries of 'socialist' drug pricing Rand Paul to 'limit' August activities due to health MORE (Ky.), Marco RubioMarco Antonio RubioTrump moves forward with F-16 sale to Taiwan opposed by China The Hill's Morning Report — Trump and the new Israel-'squad' controversy Trump crosses new line with Omar, Tlaib, Israel move MORE (Fla.) and Pat Toomey (Penn.) have signed.

Reps Joe Walsh (Ill.), Ron Paul (Texas), Jim Jordan (Ohio), Tim Huelskamp (Kan.) and Jason ChaffetzJason ChaffetzHouse Oversight panel demands DeVos turn over personal email records The Hill's Morning Report - Presented by JUUL Labs - Trump attack on progressive Dems draws sharp rebuke GOP senators decline to criticize Acosta after new Epstein charges MORE (Utah) have also signed the pledge.

The pledge is sponsored by CutCapandBalance, which counts as its members Family Research Council Action, Citizens Against Government Waste and Club for Growth as well as Tea Party groups like FreedomWorks Tea Party Express and Americans for Prosperity.