Byrne Introduces Balanced Budget Amendment
In an effort to get federal spending under control, Congressman Bradley Byrne (AL-1) today announced that he has introduced a Balanced Budget Amendment.
Congressman Byrne introduced H.J.Res.12, calling for a constitutional amendment that requires Congress to balance the federal budget. H.J.Res.12 is the first piece of legislation introduced by Congressman Byrne in the new 114th Congress.
Byrne said: “Every month American families sit around their kitchen tables and discuss how to live within their means. Difficult decisions are made. Some things have to be cut. But ultimately, it is the responsibility of every American to not spend more than they have.
“Why doesn’t the federal government have to play by the same rules? I am proud to introduce H.J.Res.12, which would require Congress to balance the federal budget. The national debt is over $18 trillion dollars and it shows no sign of going down without serious efforts to rein in spending.
“This isn’t a foreign idea. When I was in the Alabama State Senate, we were Constitutionally required to operate under a balanced budget. It wasn’t always easy, but it required elected officials to make tough choices in the name of fiscal sanity. Congress should be held to the same standard, and I urge my colleagues to join me in supporting a balanced budget amendment to the Constitution.”
If adopted by Congress and passed by three-fourths of state legislatures, Congressman Byrne’s constitutional amendment would force the federal government to live within its means. The major provisions of the proposed amendment require that:
- total outlays for any fiscal year do not exceed total receipts for that fiscal year,
- total outlays for any fiscal year do not exceed one-fifth of economic output of the United States, and
- the President submits a balanced budget proposal to Congress each year.