Bachmann signs revised debt-limit pledge

9:18 PM, Jul 18, 2011   |    comments
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Michele Bachmann became the latest GOP presidential hopeful to sign a pledge opposing an increase in the nation's debt limit, but not before tweaking the "Cut, Cap and Balance" vow to make it her own.

Bachmann, a Minnesota congresswoman, added a line to the pledge saying she would also repeal and defund the nation's health care law, which she and other Republicans deride as "Obamacare."

Bachmann had resisted signing the pledge for weeks because she said it did not go far enough. President Obama and congressional leaders have been trying to work out a deal to raise the debt limit by Aug. 2 so the United States doesn't default on its obligations.

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The pledge states that signers will oppose an increase to the nation's $14.3 trillion in borrowing authority unless three conditions are met:

  • Substantial cuts are made in federal spending that will reduce the budget deficit.
  • Caps are placed on federal spending.
  • Congress passes a balanced-budget amendment to the Constitution that includes spending limits and a requirement that a super-majority is needed to pass a tax increase.

Even though she signed the pledge, Bachmann told reporters in South Carolina she still would not vote to increase the debt limit. She's stated as much before, including in her first TV ad airing in Iowa.

Bachmann joins GOP presidential hopefuls Mitt Romney, Newt Gingrich, Ron Paul, Herman Cain, Rick Santorum, Tim Pawlenty, Gary Johnson and Thad McCotter in signing the "cut, cap and balance" pledge, according to CNN.

 

By Catalina Camia, USA TODAY

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