Last week the Republican Liberty Caucus national board voted unanimously to pass a resolution in opposition to raising the debt ceiling. You can find more information on this issue in a series of other articles on this site. The press release is part of a full campaign on this issue, including an email and phone campaign to Congress and promotion of the issue in the national press.
The text of the resolution reads:
WHEREAS government should tax citizens only at the minimal level necessary to fund the essential functions of government; and
WHEREAS the funding of unnecessary government spending from direct taxation and excessive debt is an assault on the natural property rights of all taxpayers and on the future liberty of our children; and
WHEREAS the national debt has tripled in the last decade and is expected to exceed 100% of Gross Domestic Product by the end of the year; and
WHEREAS Congress has raised the debt ceiling three times in the last two years; and
WHEREAS Congress has continued to raise the debt ceiling time and time again, showing no capacity for fiscal discipline or deficit reduction;
BE IT RESOLVED that the Republican Liberty Caucus believes:
Congress should not raise the debt ceiling in 2011. Instead, Congress should shut down non-essential government programs and limit operational expenses to incoming revenue until a balanced budget can be passed.