Jim Jordan Scott Garrett Jim DeMint Unveil the Spending Reduction Act

Jim Jordan Scott Garrett Jim DeMint

Washington, DC – Today, Rep. Jim Jordan (R-Ohio), chairman of the Republican Study Committee (RSC), Rep. Scott Garrett (R-New Jersey), chairman of the RSC Budget and Spending Task Force, and Senator Jim DeMint (R-South Carolina), chairman of the Senate Steering Committee, unveiled the Spending Reduction Act, which begins to address the rapidly growing national debt by making substantial spending cuts immediately and throughout the next decade. “The national debt has grown from $8.6 trillion four years ago to more than $14 trillion today,” said Jordan. “This mountain of debt, nearly the size of our entire economy, threatens to create a whole new financial crisis. Every day we refuse to change course and instill some fiscal responsibility, the problem grows even larger. Unless Washington acts soon to cut spending, massive tax hikes, economic stagnation, and national bankruptcy will rob our children of the opportunity to reach for the American Dream.” “The Spending Reduction Act gives us a $2.5 trillion head start in the race to preserve the fiscal stability of the United States,” said Garrett. “This bill represents the first step in the process, not the last. To achieve long-term fiscal stability, we must finish the race by making the tough decisions Congress has put off for far too long. Only after we tear down barriers to job creation and make reforms to our entitlement programs can we truly resolve our debt crisis.” “Our nation stands on the edge of a fiscal cliff and we face a stark choice: go over the edge into bankruptcy and declining freedom or choose to make the hard decisions today to save our country for our children and grandchildren," said DeMint. "I'm proud to stand with Congressmen Jordan and Garrett against the wave of wasteful Washington spending. The Spending Reduction Act begins the difficult task of shrinking the federal bureaucracy that threatens our future prosperity. Congress must take the steps now to balance the budget, pay off our debt, and preserve freedom for future generations.” Compared to current projections, the Spending Reduction Act would save taxpayers $2.5 trillion through 2021.

It starts by keeping House Republicans’ pledge to take current spending back to 2008 levels and repeal unspent funds from the failed “stimulus.” At the beginning of the next fiscal year on October 1, 2011, spending is further reduced to 2006 levels and frozen there for the next decade. To help achieve these savings, the bill shrinks the size and cost of the civilian federal workforce and specifically targets over 100 budget items and spending reforms.

The Spending Reduction Act Download file in .doc fomat

TEXT and .doc CREDIT: United States Senator Jim DeMint

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RNC: Chairman Reince Priebus announces transition tea

WASHINGTON – Republican National Committee (RNC) Chairman Reince Priebus released the following statement announcing the RNC transition team charged with implementing the plan to restore faith in Republican donors and communicate with the American public.

The team consists of Ed Gillespie and Nick Ayers who are doing this on a volunteer basis and will not accept any payment or staff positions at the RNC. It will be a 30 day transition period. Priebus also made three appointments to the RNC Executive Committee – Steve King, Henry Barbour and Betti Hill who will serve on the transition team with the full Executive Committee of the RNC.

“When I ran for Chairman of the RNC, I promised to make changes and begin the outreach process with key Republican donors. Today, I am honored to announce the team that will help ensure Republicans have a top-notch ground game in the 2012 election cycle. Together, we will build on our success in 2010 and take back the White House and the United States Senate.” – RNC Chairman Reince Priebus

RNC TRANSITION TEAM

Transition Chairman

Ed Gillespie – A former Chairman of the Republican National Committee and Counselor to President George W. Bush, Gillespie is one of the top political strategists in the country.

“It is incredibly important for the Republican National Committee to have the resources to compete with the Democrats in the 2012 cycle. Together, this team will take the necessary steps to have significant Republican gains in 2011 and 2012. I am honored to be a part of this important process to build our Party and reach out to GOP donors and grassroots in the coming weeks and months.” – Ed Gillespie

Transition Co-Chairmen

Steve King – A successful Wisconsin businessman, Steve King is a former chairman of the Republican Party of Wisconsin and became National Committeeman from Wisconsin in 2007.

Henry Barbour –Barbour has worked in Republican Party politics for years and now serves as the National Committeeman for the Mississippi Republican Party.

Betti Hill –Hill is a member of the Montana Republican State Central Committee as the National Committeewoman. She has served on numerous statewide campaigns and is currently a member of the Lewis & Clark County Republican Women.

Transition Team Members

Reince Priebus Sharon Day, NCW Florida Demetra DeMonte, NCW Illinois Tony Parker, NCM District of Columbia Bruce Ash, NCM Arizona Mary Buestrin, NCW Wisconsin Jim Bopp, NCM Indiana Louis Pope, NCM Maryland Jan Staples, NCW Maine Alec Poitevint, NCM Georgia Ruth Ulrich, NCW Louisiana Jeff Kent, NCM Washington Miriam Hellreich, NCW Hawaii De Carlson, NCW Nebraska Pete Ricketts, NCM Nebraska Joyce Lyons Terhes, NCW Maryland Bill Crocker, NCM Texas Cindy Costa, NCW South Carolina Sharon Giese, NCW Arizona Bruce Hough, NCM Utah

RNC Chairman RNC Co-Chairman RNC Secretary RNC Treasurer Rules Committee Chairman Vice Chairman Midwestern Region Vice Chairman Midwestern Region Vice Chairman Northeastern Region Vice Chairman Northeastern Region Vice Chairman Southern Region Vice Chairman Southern Region Vice Chairman Western Region Vice Chairman Western Region Midwestern Region Midwestern Region Northeastern Region Southern Region Southern Region Western Region Western Region

Transition Director

Nick Ayers – Ayers is the former Executive Director of the Republican Governors Association that deployed more than 100 million dollars in 37 gubernatorial races.

TEXT CREDIT: WisPolitics.com:

IMAGE CREDIT: ReinceForRNCChair