Gingrich signs Cut, Cap and Balance pledge

GOP presidential candidate Newt Gingrich signed onto the Cut, Cap and Balance pledge today, joining other presidential candidates Herman Cain, Congressman Ron Paul (R-Texas) and Senator Rick Santorum (R-Pennsylvania) and former Minnesota Governor Tim Pawlenty.

The pledge urges Congress to oppose raising the debt ceiling limit unless three conditions are met: cuts to federal spending to reduce the debt, caps on federal spending and passage of a balanced budget amendment to the Constitution. (Cain signs a book deal)

“Balanced budgets are achieved by those who are committed,” Gingrich said in a press release. “Fiscal discipline requires lawmakers to be smart not cheap and requires a different type of thinking than we see in Washington. I am proposing bold solutions because we have big problems. I pledge to be a President who will rein in deficits, the debt and out of control spending. It can be done, I know because we’ve done it before.”

Gingrich was Speaker of the House when Congress balanced the budget during the Clinton administration.

The GOP presidential candidates who have not signed so far are: former Massachusetts Governor Mitt Romney, former Utah Governor Jon Huntsman, Congresswoman Michele Bachmann (R-Minnesota) and former New Mexico Governor Gary Johnson.

Thirty members of the House of Representatives and 12 Senators have also signed the pledge.

  • Swen

    If I recall correctly, Gingrich has made such promises before in his Contract With America. He had his fingers crossed then, why should be believe him now?

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  • freedomfighterhere

    Bummer. Thought he was signing this Cut, Cap and Balance pledge with Tiffanys.

    • oc in nc

      But Tiffanys has those cool BLUE boxes.

      • freedomfighterhere

        Ha!…you do bring up a good point!

      • virginiagentleman

        Blue is also spelled blew, as in Newt’s last chance for the presidency, as that’s what he has done>

        • oc in nc

          Stay here or move?You decide.

        • virginiagentleman

          That lunatic Newt! And Holder is a bigger one.