Conservative Support

Competitive Enterprise Institute: "The Terms of Credit Act would only have been a good start in reining in the regulatory state. President Obama has boasted of his ability to rule the nation with his "pen and phone," and has even started to govern not by edict, but by blog post. Congress created this problem by delegating legislative power to the executive branch, and so needs to do much to fix it." ... "Despite what happened to the Terms of Credit Act, Representative Flores and the Republican Study Committee should be congratulated for introducing a regulatory freeze into the legislative conversation. It needs to be brought up every time the president needs to make a deal."
Americans for Tax Reform: "This legislation is a responsible, pro-taxpayer proposal that raises the debt limit while implementing a set of reforms to cut spending by over $3.8 trillion and force the federal government to live within its means. ATR endorses this blueprint as a strong, commonsense proposal and urges all Members of Congress to support the RSC plan." ... "The RSC's Terms of Credit Act implements a series of pro-taxpayer, fiscally responsible measures in return for raising the debt limit. ATR endorses this proposal and urges Members of Congress to support this plan."
National Taxpayers Union: "The Republican Study Committee's (RSC) "Terms of Credit Act: Budget, Work, and Grow" provides a similarly innovative legislative solution that would achieve serious savings and economic growth in exchange for a $1.5 trillion debt limit boost through March 2017. At the core of the package is the novel idea (by Washington standards) that budgets should be more than vision or messaging documents and should actually contain strong enforcement mechanisms for restraining government."
Taxpayers Protection Alliance: "The Terms of Credit Act would force the House to work through the appropriations process and keep lawmakers in session until the work they are required to do by law is completed. TPA has repeatedly pushed Congress to get back to regular order and abide by the budget process and pass appropriations bills to properly fund the government. This legislation would do just that. TPA supports The Terms of Credit Act and is grateful for Chairman Flores' work on this issue."
American Conservative Union: "Last week, The House Republican Study Committee put forward a comprehensive plan that allowed for a 2 year deal on the debt limit that would have implemented significant spending cuts to entitlement programs while also placing a 21-month freeze on regulations which will otherwise cripple our economic growth. Most importantly, this process would have included the input of hundreds of Members of Congress who sit on authorizing committees."
R Street Institute: "Many Hill watchers would not expect this bill to make it through the Senate or be signed by the president, even if it does manage to earn approval of the House. But it does set a bold precedent for how Congress should evaluate its current approach to spending, the federal deficit and the national debt." ... "If "Republican Study Committee" and "debt ceiling" sound familiar, it's because the caucus led the charge in in 2011 to address our spending addiction by introducing Cut, Cap and Balance. That plan set the terms of the debate over what eventually became the Budget Control Act of 2011. Four years later this bipartisan compromise is seen as an effective check on government spending, decreasing our deficit and capping spending levels." ... "One hopes the RSC's leadership will once again result in further conservative reform to rein in spending and address our debt limit in a responsible fashion. For too long, Congress has continued the same approach. It's time for a shuffle to fix our still-unsustainable spending trajectory."
Colin Hanna, Let Freedom Ring: "As one of those who led the Cut, Cap and Balance coalition two years ago, I salute Congressman Flores and the Republican Study Committee for their Budget, Work and Grow initiative. It shows the same kind of long-range, strategic thinking that is necessary to get us on a sustainable path to economic growth that will benefit all segments of our economy."
Compact for America: "The House Republican Study Committee has done a great service to the cause of federal fiscal responsibility by drafting and introducing this bill. Just because the short timeline for the agreeing on a debt ceiling increase prevented the immediate consideration of this legislation, it does not follow that the entire content of the legislation no longer merits consideration in the coming days and weeks. Much of it remains timely and Congress should look to consider individual elements as freestanding legislation."