Congressman John Boehner...
Budget Control Act Meets ‘Cut-More-Than-You-Hike’ Standard & Has No Tax Hikes 
August 5, 2011 

WASHINGTON, D.C. – Congressman John Boehner (R-West Chester) appeared at a press conference with GOP leaders recently to discuss the Budget Control Act – a bipartisan agreement to cut spending, advance the cause of a Balanced Budget Amendment, and prevent a job-crushing national default.  Following are excerpts from Boehner’s comments: 

BUDGET CONTROL ACT MEETS “CUT-MORE-THAN-YOU-HIKE” STANDARD BOEHNER LAID OUT IN MAY NEW YORK CITY SPEECH: 

“In January, the first week that we were sworn into office, the president asked for an increase in the debt ceiling, and I made clear at that time we there would be no increase in the debt ceiling without significant cuts in spending and changes to the way we spend the American people’s money. … I was in New York, and gave a speech and outlined that I thought the spending cuts should exceed the amount of the debt limit increase, and there should be no taxes as part of this agreement.  When you look at what we’ve been able to achieve, we’ve met those two standards… We’ve been very consistent, that it’s time for America to deal with its spending problem and deal with the fact that we’ve made promises to the American people that our kids and grandkids just can’t afford.” 

BUDGET CONTROL ACT GIVES US AN OPPORTUNITY TO BUILD SUPPORT FOR A BALANCED BUDGET AMENDMENT: 

“We have worked with our Members and listened to the American people who have a real interest in making sure that we don’t get into this spot again, and that we ought to have a balanced budget amendment to the Constitution.  …It gives us the best shot we’ve had in the 20 years I’ve been here to build support for a Balanced Budget Amendment to the Constitution to put the kind of fiscal handcuffs on this Congress that are sorely needed.  If we had been operating under a Balanced Budget Amendment, we’d have never gotten ourselves into the mess that we’re in.” 

BUDGET CONTROL ACT IMPORTANT FOR BOOSTING JOB CREATORS’ CONFDIENCE: 

“This is really important for our fiscal future, but it’s also important for the fact that our economy needs to get going.  Beginning to take steps towards fixing our fiscal problems will in fact provide more confidence for employers in America, the people we expect to reinvest in our economy and create jobs.”