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Balanced Budget

 

I strongly support the balanced budget amendment. The proposed amendment to the U.S. Constitution would take effect in the 10th fiscal year after its ratification. This ten-­year plan gives Congress the time it needs to get its financial house in order and come up with long-­term solutions to tackling our out-­of-­control spending. If the CBO’s revenue projections are accurate, the balanced budget amendment would require an average annual spending reduction of a manageable $54 billion – or a 1.3 percent cut each year.

In addition to the balanced budget amendment as written, I support the addition of a clause requiring a balanced budget be passed on an annual basis by both the house and senate. Failure to do so should result in the senior 1/3rd of either governing body's members becoming ineligible for re-election. If our legislators cannot responsibly pass a budget they should not be allowed to remain in office and continue to let their incompetence put our nation's future at risk.

Balanced Budget Amendment

 


Paid for By Philip Singleton For Congress
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