Going Beyond the Pledge: H.R. 1 Cuts $100 Billion – With More Cuts to Come | Speaker.gov

Next week, the new House majority will vote to cut government spending by $100 billion over the next seven months, exceeding the commitment made in the Pledge to America last fall – and there are more cuts to come.

“With common-sense exceptions for seniors, veterans, and our troops,” the Pledge to America promised to “roll back government spending to pre-stimulus, pre-bailout levels, saving us at least $100 billion in the first year alone.” The number is based on the president’s 2011 budget request because it was the only proposal available when the Pledge was written due to Washington Democrats’ historic failure to pass a budget.

Next week’s spending cuts bill – H.R. 1 – not only keeps the promise to roll back non-security discretionary spending to 2008 levels, it exceeds it. Here are a few quick facts:

  • H.R. 1 goes beyond the Pledge to America by cutting $100 billion in spending over just the next few months (the remaining months in the fiscal year).
  • The bill will be considered under an “open” process giving lawmakers on both sides of the aisle the opportunity to offer amendments. As pointed out in the Pledge, “not a single spending bill was considered under an ‘open’ amendment process” when Democrats controlled the House.
  • According to the House Appropriations Committee, it is more than “five times larger than any other discretionary cut package ever considered by the House.”
  • And as Speaker Boehner said, “We will not stop there, not when we’re broke and Washington’s spending binge is making it harder to create jobs.”

“Republicans are focused on creating a better environment for economic growth and job creation,” says Boehner. “To do that, we need to liberate our economy from the shackles of out-of-control spending and big government.” Republicans have already voted to save taxpayers hundreds of millions of dollars in weekly spending cut votes, and voted to repeal ObamaCare which could cost taxpayers upwards of $2.6 trillion. They will take another step next week when they go beyond the Pledge and cut $100 billion in discretionary spending.