Bill Text: TX HCR32 | 2015-2016 | 84th Legislature | Comm Sub
Bill Title: Urging the U.S. Congress to propose and submit to the states for ratification a federal balanced budget amendment to the U.S. Constitution.
Sponsorship: Slight Partisan Bill (Republican 3-1)
Status: (Introduced - Dead) 2015-05-08 - Considered in Calendars [HCR32 Detail]
Download: Texas-2015-HCR32-Comm_Sub.html
| 84R3143 JNC-D | ||
| By: Raymond, White of Tyler, Ashby, Frank | H.C.R. No. 32 | |
|
|
||
| WHEREAS, Year after year, the federal government has failed | ||
| to make fiscally responsible choices, and Washington must now take | ||
| aggressive steps to address our serious national deficit; and | ||
| WHEREAS, The United States Congress routinely passes budgets | ||
| leading the government to spend more than it receives in revenue; in | ||
| order to finance the resulting budget deficit, the U.S. Treasury | ||
| must sell bonds and the government must pay interest on those bonds; | ||
| this cycle of deficit spending leaves less money for new programs or | ||
| tax cuts, and it could prove detrimental to the future stability of | ||
| our nation; and | ||
| WHEREAS, In the past, such statutory restraints as the failed | ||
| Gramm-Rudman-Hollings legislation and "PAYGO" rules have proven | ||
| ineffective and unenforceable, since simple majorities in Congress | ||
| can alter, weaken, or dismantle fiscal reforms; an amendment to the | ||
| U.S. Constitution, which requires the assent of two-thirds of | ||
| Congress and three-quarters of the states, is the only means of | ||
| guaranteeing permanent enforcement of spending restraints; and | ||
| WHEREAS, A federal balanced budget amendment will ensure that | ||
| Congress uses taxpayer dollars wisely, and it is vital that we take | ||
| this step to avert fiscal calamity and eliminate future deficits; | ||
| now, therefore, be it | ||
| RESOLVED, That the 84th Legislature of the State of Texas | ||
| hereby respectfully urge the Congress of the United States to | ||
| propose and submit to the states for ratification an amendment to | ||
| the United States Constitution providing for a balanced federal | ||
| budget; and, be it further | ||
| RESOLVED, That the Texas secretary of state forward official | ||
| copies of this resolution to the president of the United States, to | ||
| the president of the Senate and the speaker of the House of | ||
| Representatives of the United States Congress, and to all the | ||
| members of the Texas delegation to Congress with the request that | ||
| this resolution be officially entered in the Congressional Record | ||
| as a memorial to the Congress of the United States of America. | ||
