On the behalf of the millions of taxpayers and concerned citizens represented by our organizations, the undersigned groups are united in opposition to the House’s reported debt limit deal.
The House is considering increasing the debt limit in exchange for higher government spending. Mandatory spending cuts scheduled under current law would be wiped out.
This new spending in the debt limit deal would be offset in the ten-year budget window by new spending caps. Over the longer run, however, permanent mandatory savings worth tens of billions in taxpayer dollars would be eviscerated.
While our groups have advocated different approaches for fighting the growth of government in the past, we are united in opposition to a plan that would squander the leverage of the debt limit in exchange for increased spending. We urge you to oppose this reported debt limit deal.