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Rep. Gregg Harper Favors Balanced...

Rep. Gregg Harper Favors Balanced Budget

By: Magnolia Tribune - July 20, 2011

Rep. Gregg Harper Favors Balanced Budget

U.S. Rep. Gregg Harper (R-Miss.) today supported a proposal in the U.S. House of Representatives to restructure the federal budget by reducing spending, enforcing statutory caps and requiring a Balanced Budget Amendment.

Harper is an original cosponsor of H.R. 2560, the “Cut, Cap, and Balance Act of 2011,” which would immediately cut total non-defense discretionary spending below 2008 levels, cap federal payments at the historical average of 20 percent of GDP by 2021, and balance the budget by requiring that a Balanced Budget Amendment pass Congress and be sent to the states for ratification in order to increase the debt limit.

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This article was produced by Magnolia Tribune staff.