FreedomWorks to Host Tea Party Debt Commission Field Hearing in Indianapolis
FreedomWorks is gearing up for the next Tea Party Debt Commission field hearing on Friday, October 21, in Indianapolis.
Hundreds of tea party activists are expected at the Radisson Hotel (Airport) – 2500 South High School Road) – from 6:30 to 9:00 p.m. ET and encouraged to bring their own proposals for their specific cuts to the federal budget.
The Tea Party Debt Commission mirrors the bipartisan congressional “supercommittee” created by Congress as part of the recent debt ceiling compromise, consisting of twelve volunteer members from across the country. Like the group on Capitol Hill, the committee’s goal is to create a plan that balances the federal budget within 10 years, reduces federal spending to 18 percent of GDP, reduces the national debt to no more than 66 percent of GDP, reduces federal spending by at least $9 trillion over 10 years (including $300 billion in the first year), and does not raise taxes.
The real Joint Select Committee on Deficit Reduction (i.e., supercommittee) is charged with producing a plan by November 23 to reduce the federal budget by at least $1.5 trillion over a ten year period. White House economics adviser Gene Sperling said recently that “everything is on the table,” including raising taxes, tax reforms, as well as military and entitlement cuts. If the committee fails to meet the deadline, a trigger mechanism would enact $1.2 trillion in automatic cuts to defense and entitlement programs.
“President Obama’s 'super-committee' will inevitably fall prey to special interest groups, shutting American taxpayers out of the discussion on how to reduce spending and balance the budget. The Tea Party Debt Commission was created to give the American people a platform to be heard, and to propose specific cuts to the federal budget,” FreedomWorks said in a statement.
The Tea Party Debt Commission began its grassroots outreach with an online poll allowing voters to prioritize spending cuts. Each vote cuts a program, and projects the one-year and 10-year savings that cut would generate.
The Indianapolis event is the sixth in a series of Tea Party Debt Commission field hearings beginning on Sept. 1 in Salt Lake City. Previous events have been held in Philadelphia, Orlando, Louisville, Ky. and Columbia, S.C.
For more information, visit: http://freedomworks.org/tea-part-debt-commission