Republican ‘Cut, Cap, And Balance’ Plan Would Require A 25 Percent Cut In Every Government Program

Republican ‘Cut, Cap, And Balance’ Plan Would Require A 25 Percent Cut In Every Government Program: "pHouse Republicans are planning to hold a vote tomorrow on the radical “cut, cap, and balance” plan, which stipulates that the federal debt ceiling only be raised if a balanced budget amendment to the Constitution is sent to the states for ratification. As we’ve noted time and again, such an amendment is a phony solution [...]/p"