First District Congressman Tim Scott was one of the first Republicans to require spending cuts, caps on future growth and a constitutional budget amendment before any vote to increase the debt ceiling. Scott says he expects the cut, cap and balance pledge to pass the House today, but after that–he says there’s a long road ahead–
“It will stall in the Senate based on all indications from Harry Reid and those folks who are absolutely willing to advocate our constitutional responsibility and give the president authority that we can’t give him based on the Constitution,” says Scott.
Scott says he already has his expectations of what will happen when cut, cap and balance heads to the Senate.
“When we see our president and Senator Harry Reid start the conversation about tax increases in a fragile economy, not recovery, but an economy, we find ourselves on the wrong page, the wrong book heading toward the wrong ending,” says Scott.
The country will reach its debt limit on August 2.
A compromise being floated by Senate Minority Leader Mitch McConnell would give Obama the authority to raise the debt ceiling without Congress’s approval. Scott said Republican leaders are trying to avoid making an unpopular decision.
“When I think about what he is saying, he’s saying we want political cover for a vote that we don’t have a backbone to take, and therefore, because we can say no after the increases happen, we can go to the polls next year and tell the American people: I really tried hard. What a pathetic statement,” says Scott.
Democrats worry spending caps and a balanced budget would mean severe cuts to programs like Social Security and Medicare.