Issue Report ● Fiscal Responsibility
For Immediate Release: 
January 25, 2011
Office of the Democratic Whip Steny H. Hoyer
  January 25, 2011

POP QUIZ: Which bill lives up to the Republican pledge to cut the deficit by $100 billion?

The correct answer is D! Despite promises that they would govern differently than they did in the past and start cutting the deficit immediately, the “new” Republicans have returned to the same fiscally irresponsible policies as the old Republicans by breaking their promise to cut spending by $100 billion and more importantly by not putting forward a real plan to reduce the deficit.

“Many people knowledgeable about the federal budget said House Republicans could not keep their campaign promise to cut $100 billion from domestic spending in a single year. Now it appears that Republicans agree… aides say that the $100 billion figure was hypothetical.” [NY Times, 01/04/11]

Republican Rules Package: Paves the way to add nearly $5 trillion to the deficit.

Republican Patient’s Rights Repeal bill: Adds $230 billion to the deficit over the next ten years according to the non-partisan Congressional Budget Office.

Budgetless Resolution: A one-page bill with no numbers or specifics, which breaks the promise in their Pledge to America “to roll back government spending…saving us at least $100 billion in the first year alone and putting us on a path to balance the budget and pay down the debt.”

“…I'm very put off when people just say let's go back and freeze to the level two years ago. Don't tell me you're going to freeze to a level. That usually is a very inefficient way of doing it. Tell me what you're going to cut...” -General Colin Powell (Ret.) [CNN’s State of the Union, 1/23/11]

Republicans are already failing to live up to the pledge they made to the American people. House Democrats will hold Republicans accountable for their broken promises and remain focused on pursuing policies that create jobs, spur economic growth and restore fiscal responsibility.

Click here to read in pdf.