Put a Cork On It

Spending, that is. CAGW has for 26 years called for spending cuts. In fact, since 1993 we have publishing Prime Cuts which outlines $2 trillion in potential spending cuts. Over the years we have gotten support from only a handful of members of Congress to cut spending.
In fact, since August 2010, the Council for Citizens Against Government Waste has been travelling around the country on the Spending Revolt bus with Americans for Prosperity, the 60+ Association, Concerned Women for America, and SpeakOn.org to listen to people about how frustrated they are with excessive spending.
Now, Sen. Bob Corker (R-Tenn.) has joined the chorus of voices. According to The Hill:
Sen. Bob Corker (R-Tenn.) said he plans to push legislation to cap government spending each year at a predetermined percentage of gross domestic product (GDP).
The thrust of Corker’s proposal would be to identify a target spending in a given year as a percentage of GDP for that year, and then force lawmakers to spend as much equals that percentage. The Tennessee Republican said he’s still looking at what that percentage might be.
Bravo! This comes on the heels of The Pledge to America that proposes to return spending levels to 2008 levels, before the bailouts.
Let’s hope that all this talk of spending cuts isn’t just election rhetoric. Taxpayers have been fooled before.
Do you think Congress has the courage to put the cork on spending?
Filed under: Bailouts, Budget, Congress, Prime Cuts, Spending Revolt.com
