Alexander Cosponsors “Cut, Cap, and Balance Act”

Posted on July 14, 2011

WASHINGTON – U.S. Senator Lamar Alexander (R-Tenn.) today released the following statement about his co-sponsorship of the “Cut, Cap, and Balance Act of 2011,” introduced by Senator Mike Lee (R-Utah) to reduce federal spending, impose spending caps over the next decade, and require the passage of a balanced-budget amendment to raise the debt ceiling:

“At a time when we’re borrowing 40 cents of every dollar we spend, I will support serious proposals like the ‘Cut, Cap and Balance Act’ to reduce out-of-control Washington spending. The final version of any such legislation should have an appropriate balance between reductions in both entitlement and discretionary spending, but this bill is a good start in the right direction.”

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