The party of fiscal responsibility hasn't shown much support for fiscally responsible policies lately.
Only 22 Republican Senators voted for a plan sponsored by Sen. Rand Paul that would have cut federal spending by two percent and balanced the budget over five years.
There are 53 Republicans in the Senate.
"We teach our children that money doesn't grow on trees, and then they grow up watching politicians pretend otherwise," Paul tweeted about the plan on Monday. "Meanwhile, our debt soars past $22 trillion, endangers our country. Today, the U.S. Senate can vote to put a stop to it and change course."
"If we keep piling on the debt we're going to come to a day of reckoning. We have a great country and we shouldn't let it get away from us," Paul added in a later tweet just before the vote.
According to The Blaze, Paul's modest plan would have cut spending while allowing maximum flexibility.
Introduced in April, the "Pennies Plan," would have required the government to cut two pennies of every dollar in on-budget federal spending — or just two percent — for the next five years. Overall, Paul's office estimated that the plan would have spent $11.3 trillion fewer than current baseline levels over the next decade. It also contained instructions for the Senate Finance Committee to make the 2017 tax cuts permanent and created a "reserve fund" to allow for the expansion of Health Savings Accounts.
Click here to see how your senator voted.
This should have been the next step after the tax cuts two years ago. If we want to maintain our country's economy, we have to cut spending along with taxes.
Instead, Republicans are increasing the deficit and the debt with no discernible plan to pay for it.
This is why we need to call an Article V Convention of States. A Convention of States can propose constitutional amendments that force Congress to support plans like Paul's. These amendments can mandate a balanced budget, cap spending, and keep taxes low.
The federal government wastes billions of taxpayer dollars every year. The American people don't need to be paying for hundreds of federal agencies and thousands of duplicative, useless government programs. Congress could balance the budget while cutting taxes if it had the right incentive. With a Convention of States, that's exactly what we can give them.
Sign the Convention of States Petition below to show your support!
