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.

ADVERTISEMENT

Republican Sens. Jim DeMint (S.C,), Orrin HatchOrrin Grant HatchTrump to award Medal of Freedom to economist Arthur Laffer Trump gambles in push for drug import proposal Biden's role in Anita Hill hearings defended by witness not allowed to testify MORE (Utah),Mike LeeMichael (Mike) Shumway LeeOvernight Defense: Latest on House defense bill markup | Air Force One, low-yield nukes spark debate | House Dems introduce resolutions blocking Saudi arms sales | Trump to send 1,000 troops to Poland Overnight Defense: Latest on House defense bill markup | Air Force One, low-yield nukes spark debate | House Dems introduce resolutions blocking Saudi arms sales | Trump to send 1,000 troops to Poland Senators clinch votes to rebuke Trump on Saudi arms sale MORE (Utah), Jerry MoranGerald (Jerry) MoranSenate Dem to reintroduce bill with new name after 'My Little Pony' confusion Senate Dem to reintroduce bill with new name after 'My Little Pony' confusion Senators clinch votes to rebuke Trump on Saudi arms sale MORE (Kan.), Rand PaulRandal (Rand) Howard PaulOvernight Defense: Pompeo blames Iran for oil tanker attacks | House panel approves 3B defense bill | Trump shares designs for red, white and blue Air Force One Senate rejects effort to block Trump's Qatar, Bahrain arms sales Senate rejects effort to block Trump's Qatar, Bahrain arms sales MORE (Ky.), Marco RubioMarco Antonio RubioElection security bills face GOP buzzsaw Election security bills face GOP buzzsaw The Hill's Morning Report — Uproar after Trump's defense of foreign dirt on candidates MORE (Fla.) and Pat Toomey (Penn.) have signed.

Reps Joe Walsh (Ill.), Ron Paul (Texas), Jim Jordan (Ohio), Tim Huelskamp (Kan.) and Jason ChaffetzJason ChaffetzFormer chairman appears at House Oversight contempt debate Former chairman appears at House Oversight contempt debate Republicans spend more than million at Trump properties 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.