Press Releases

Today Rep. Ron Estes (R-Kansas) voted in favor of the Limit, Save, Grow Act as a first step to restore fiscal responsibility to our nation's capital.
 
"Spending trillions of dollars each year while borrowing about $45,000 per second is dangerously unsustainable and puts our country in peril," said Rep. Estes. "We can't wait any longer – we have to start correcting the federal mismanagement of taxpayer dollars, and the Limit, Save, Grow Act is the responsible, sensible way to rein in out-of-control government spending while also providing needed financial stability. The United States can't just keep careening toward reaching the debt limit without actually addressing the very problem that pushed the federal government to this crisis."
 
The Limit, Save, Grow Act passed the House 217 to 215. The federal government is expected to reach its borrowing limit later this year, and this bill is the first real solution to address the looming debt ceiling crisis while also ensuring that the United States doesn't keep hitting its debt limit.
 
The three sections of the bill address:

• limiting federal spending through discretionary spending limits;
• saving taxpayer dollars through rescinding unobligated funds, prohibiting unfair student loan giveaways, and repealing market-distorting green tax credits; and
• growing the economy through common sense reforms, accountability in the federal regulatory process, and unleashing American energy production.